Compliance Manager – Futures & Derivatives

Madison-Davis, LLC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Madison-Davis, LLC seeks an experienced Compliance Manager to oversee regulatory advisory, trade surveillance, and supervisory compliance across its futures, commodities, and swaps businesses. You will partner with trading desks, Risk, Operations, and Technology to ensure robust controls and timely regulatory responses.

The role requires deep knowledge of CFTC, NFA, and Dodd-Frank Title VII, with a proven track record leading complex regulatory initiatives in a fast-paced trading environment.

Qualifications

• Minimum 5 years of compliance experience in financial services.
• Knowledge of CFTC, NFA, and Dodd-Frank Title VII required.
• Experience with SEF rules and swap regulatory obligations.
• Experience with trade reconstruction and audit trails.
• Ability to manage multiple regulatory projects independently.

Responsibilities

• Provide regulatory guidance and oversight for futures, commodities, and swaps.
• Develop and maintain policies and internal controls per regulatory requirements.
• Conduct trade surveillance, reviews, and trade reconstructions including audit trails.
• Support oversight of swap execution activities and regulatory obligations.
• Collaborate with trading, risk, operations, and technology to resolve issues.
• Coordinate regulatory examinations, internal audits, and information requests.
• Monitor regulatory developments and assess impacts on programs.
• Strengthen surveillance processes and risk-based compliance frameworks.
• Develop and deliver compliance training to staff.
• Independently manage regulatory projects and competing priorities.

Skills

Regulatory compliance

Trade surveillance

Regulatory reporting

Analytical skills

Project management

Cross-functional collaboration

Communication skills

Education

Master's degree in Finance/Law or related field

Tools

Surveillance technology

Audit trails tools

Job description

A leading global financial services firm is seeking an experienced Compliance Manager to oversee regulatory advisory, trade surveillance, and supervisory compliance activities across its futures, commodities, and swaps businesses.

This position offers significant exposure to trading operations, regulatory oversight, and cross-functional initiatives. The ideal candidate brings strong knowledge of derivatives regulations, sound judgment, and the ability to independently manage complex compliance matters in a fast-paced trading environment.

Key Responsibilities

• Provide regulatory guidance and compliance oversight to futures, commodities, and swaps trading businesses, including Introducing Broker operations.
• Develop, maintain, and enhance policies, supervisory procedures, and internal controls in accordance with CFTC, NFA, and applicable exchange requirements.
• Conduct trade surveillance, transaction reviews, and detailed trade reconstructions, including analysis of audit trails and electronic and voice communications.
• Support compliance oversight of swap execution activities and related regulatory obligations.
• Work closely with trading desks, Risk, Operations, and Technology to identify potential regulatory issues and implement corrective actions.
• Coordinate regulatory examinations, internal audits, and information requests, including preparing documentation and formal responses.
• Track regulatory developments and assess their impact on business practices, supervisory controls, and compliance programs.
• Strengthen surveillance processes, monitoring reports, and risk-based compliance frameworks.
• Develop and deliver compliance training to employees and business stakeholders.
• Independently manage regulatory projects, competing priorities, and time-sensitive compliance initiatives.

Qualifications

• Minimum 5 years of experience in compliance, regulatory oversight, or supervision within an FCM, Introducing Broker, broker-dealer, exchange, or regulatory organization.
• Advanced degree preferred.
• Strong working knowledge of CFTC regulations, NFA requirements, Dodd-Frank Title VII, and Swap Execution Facility (SEF) rules.
• Experience with trade reconstruction, audit-trail reviews, and surveillance technology.
• Familiarity with futures, commodities, and swaps trading activities and related supervisory requirements.
• Professional registrations or qualifications such as Series 3, 7, 24, 30, or Swaps Proficiency Exam (SPE) preferred.
• Strong analytical, investigative, and problem-solving skills with exceptional attention to detail.
• Excellent written and verbal communication skills, including experience drafting regulatory materials and delivering compliance training.
• Demonstrated ability to collaborate with front-office and control functions while managing multiple deadlines.
• Self-directed professional with strong organizational skills, sound judgment, and the ability to navigate complex regulatory matters.