Chief Operating Officer

Harrington Starr; New York (NY); Hybrid; USD 400,000 - 800,000; Full time

Job summary

Harrington Starr, a leading technology-driven proprietary trading firm, is seeking a COO – Security-Based Swap Dealer (SBSD) in New York, NY. This hands-on role will lead the SBSD regulatory framework, governance and operating model in close partnership with Trading, Legal, Compliance, Risk, Operations and Technology.

You will oversee SBSD registration, regulatory engagement, reporting, margin, segregation, and trade lifecycle controls, while driving automation and scalable processes across the

Qualifications

• 8–12+ years of experience in derivatives compliance, operations, regulatory affairs or a related area.
• Experience within a swap dealer, SBSD, proprietary trading firm, bank or regulated financial institution.
• Proven experience building regulatory/operational programmes from the ground up.
• Strong understanding of derivatives, equity swaps/SBS, margin, reporting and trade lifecycle requirements.
• Strong stakeholder management skills across Trading, Risk, Legal, Compliance and Technology.
• Hands-on, commercially minded approach with the ability to translate regulation into practical processes and controls.

Responsibilities

• Lead SBSD registration and regulatory engagement with relevant US regulators.
• Build and own the SBSD compliance, governance and operational framework.
• Oversee regulatory reporting, margin, segregation, capital and recordkeeping requirements.
• Establish counterparty onboarding, ISDA, KYC and trade lifecycle processes.
• Build controls around trade surveillance, reconciliations, collateral and regulatory reporting.
• Drive automation and technology solutions across the platform.
• Act as a senior point of contact for regulatory examinations and inquiries.
• Advise senior leadership and Trading on regulatory requirements and emerging risks.

Skills

Derivatives compliance

Regulatory engagements

Stakeholder management

Regulatory program building

Job description

Chief Operating Officer (COO) – Security-Based Swap Dealer

Location: New York, NY ( 4 days in the office - Fridays from home)

A leading technology-driven proprietary trading firm is looking for a COO – Security-Based Swap Dealer (SBSD) to build and own its SBSD operational and regulatory framework.

This is a hands-on, builder role, working closely with Trading, Legal, Compliance, Risk, Operations and Technology to establish a scalable, technology-enabled platform.

Key Responsibilities

• Lead SBSD registration and regulatory engagement with relevant US regulators.
• Build and own the SBSD compliance, governance and operational framework.
• Oversee regulatory reporting, margin, segregation, capital and recordkeeping requirements.
• Establish counterparty onboarding, ISDA, KYC and trade lifecycle processes.
• Build controls around trade surveillance, reconciliations, collateral and regulatory reporting.
• Drive automation and technology solutions across the platform.
• Act as a senior point of contact for regulatory examinations and inquiries.
• Advise senior leadership and Trading on regulatory requirements and emerging risks.

Experience Required

• 8–12+ years' experience in derivatives compliance, operations, regulatory affairs or a related area.
• Experience within a swap dealer, SBSD, proprietary trading firm, bank or regulated financial institution.
• Proven experience building regulatory/operational programmes from the ground up.
• Strong understanding of derivatives, equity swaps/SBS, margin, reporting and trade lifecycle requirements.
• Strong stakeholder management skills across Trading, Risk, Legal, Compliance and Technology.
• Hands-on, commercially minded approach with the ability to translate regulation into practical processes and controls.

Desirable:

Principal trading/non-bank dealer experience, CCO/Deputy CCO experience, SEC/CFTC/FINRA/NFA exposure and experience building technology-led infrastructure.