Vice President or Director, Compliance Advisory - US Regulations CFTC and SBSD Swap Dealer

MUFG; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial group in London is seeking an experienced compliance professional to manage US regulatory tasks, develop compliance frameworks, and support advisory teams. The ideal candidate has a strong understanding of market compliance regulations and at least five years of experience in investment banking. This role offers opportunities to impact regulatory initiatives in a dynamic environment.

Benefits

Flexible working options

Inclusive culture

Career development opportunities

Qualifications

• Extensive compliance experience within an Advisory/Legal function, specializing in US regulatory compliance.
• At least five years of US regulatory Compliance experience in investment banking.

Responsibilities

• Carry out day-to-day management of US regulatory tasks.
• Assist in development of the US Regulation Compliance framework.
• Provide proactive advice on regulatory compliance matters.

Skills

Strong understanding of Market Compliance

In-depth knowledge of MAR and MiFID II

Strong knowledge of risk, compliance, and controls

Excellent communication skills

Strong decision-making skills

Education

University degree in Law or Financial Regulation

Job description

Overview

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Main Purpose of the Role

This is a high visibility role that will be responsible for establishing the EMEA region 's operational efficiency in US regulatory compliance and reporting, including CFTC/NFA and SEC Swap Dealer (collectively “US regulatory tasks” framework) including but not limited to compiling the required reporting to the US authorities. The role will have direct exposure to all levels of the business and will be the primary contact for the US regulation advisory and related tasks management.

Number of Direct Reports

One

Key Responsibilities

The role will be acting across MUFG’s banking arm and securities business under a dual-hat arrangement. Under this arrangement you will be the SME of US regulatory requirements. To develop efficient work flow and operation model US Reg compliance for both the bank and the securities business, subject to the same remit and level of authority, irrespective of the entity which employs you.

Job responsibilities:

• Carry out the day to day management of US related regulatory tasks
• Provide support and delegation to the Head of Advisory as necessary
• Assist in the development of the US Regulation Compliance framework across all relevant business lines operating in EMEA. This includes uplift of CFTC/NFA and SEC programmes and monitoring of adherence to programme by impacted departments.
• Provide proactive advice, guidance and challenge to the businesses in regulatory compliance matters with a particular focus on US regulatory related matters (including but not limited to identification of risk, escalation and management).
• Work closely with the Regulatory Change Team (who lead on providing advice and guidance on regulatory developments which are in the upstream/implementation phase) for example in drafting and updating policies, procedures and developing and delivering training.
• Provide training to the front office on regulatory and conduct matters with a particular focus on US regulation including for Swap Associated Persons.
• Represent Advisory Compliance at the Swap Dealer Oversight Committee
• Draft the annual CFTC/NFA and SEC Compliance reports and conduct lookback exercise.
• Compliance Lead on CFA//NFA audits

Work Experience

Essential:

• Extensive compliance experience within a Advisory/ Legal function, specialising US regulatory compliance.
• Extensive experience in Market Side Compliance Advisory role in an investment banking organisation

Skills and Experience

Functional / Technical Competencies:

Essential

• Strong understanding and knowledge of Market Compliance and other investment banking products, including but not limited to loans, bonds and structured finance, and particular strong experience in Sales and Trading.
• In depth knowledge of MAR and MiFID II, and US regulatory compliance
• Strong knowledge of risk, compliance and controls
• Strong understanding of key regulations applicable to markets products, including MiFID II, MAR and US reg
• Strong interpersonal and communication skills
• Sharp intellect with the ability to grasp complex concepts
• Ability to challenge independently and constructively, where appropriate in order to achieve engagement and drive resolution
• Ability to act autonomously when appropriate and know when to escalate matters
• Highly organised, goal oriented and solutions focused

Education / Qualifications

Essential

• Strong educational background with a university degree preferably in Law and/or Financial Regulation
• US regulatory Compliance experience at least five years (or more) in investment banking

Personal Requirements

• Excellent communication skills
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Excellent interpersonal skills valuing teamwork
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment
• Sharp intellect with excellent researching skill necessary for the US regulatory related tasks
• Conscious of confidentiality involved in the nature of business and regulatory compliance related tasks
• Ability to work/ collaborate with variety of stakeholders of all related regions and Head Office

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute