Senior FCM Compliance Advisor

Madison-Davis, LLC; Chicago (IL); On-site; USD 120,000 - 190,000; Full time

Job summary

Madison-Davis, LLC is seeking a Senior FCM Compliance Advisor to provide day-to-day regulatory and compliance guidance for its U.S. futures business in Chicago.

This hands-on role works closely with front-office and senior leadership on FCM, Introducing Brokers, and related derivatives activities. Your responsibilities include real-time advisory, interpreting multi-agency requirements, coordinating regulatory filings, and enhancing supervisory documentation to ensure ongoing compliance with

Qualifications

• Experience in financial markets compliance, with exposure to futures/derivatives.
• Knowledge of CFTC/NFA requirements and reporting.
• Ability to provide practical regulatory guidance to front-office and leadership.

Responsibilities

• Provide real-time compliance advice to front-office teams supporting U.S. FCM activities.
• Serve as a subject-matter resource on futures and derivatives compliance for business leaders.
• Interpret CFTC, NFA, SEC, FINRA and exchange requirements and translate them into practical guidance.

Skills

Futures compliance

Derivative markets

Regulatory interpretation

Front-office advisory

Regulatory filings

Policy development

Stakeholder communication

Data analysis

Excel

Education

Bachelor's degree in Finance/Economics/Business

Tools

MS Office

Job description

We are partnering with a global financial markets firm seeking a Senior FCM Compliance Advisor to provide day-to-day regulatory and compliance guidance to its U.S. futures business.

This is a hands-on advisory position working closely with front-office and business leadership on matters involving Futures Commission Merchant (FCM) activities, Introducing Brokers, Guaranteed Introducing Brokers, and related derivatives businesses.

The role is best suited for a compliance professional who understands the futures and derivatives regulatory environment and enjoys working directly with the business to resolve regulatory questions, evaluate new initiatives, and maintain a strong compliance framework.

Key Responsibilities

• Provide real-time compliance advice to front-office teams supporting U.S. FCM activities.
• Serve as a subject-matter resource for business leaders on futures and derivatives compliance matters.
• Interpret applicable CFTC, NFA, SEC, FINRA, and exchange requirements and translate them into practical guidance for the business.
• Support compliance matters involving FCMs, Introducing Brokers, Guaranteed Introducing Brokers, and related regulated activities.
• Prepare and coordinate regulatory filings and assist with inquiries and communications from regulators and exchanges.
• Draft, review, and enhance compliance policies, procedures, and supervisory documentation applicable to the U.S. futures business.
• Review new products, markets, business initiatives, and proposed activities from a regulatory and compliance perspective before implementation.
• Work with desk and business leadership to identify potential compliance concerns and develop appropriate solutions.
• Support regulatory examinations, information requests, and other interactions with regulatory authorities.
• Help maintain regulatory calendars and ensure required filings, reviews, and compliance obligations are completed on schedule.
• Monitor relevant regulatory developments and communicate potential business impacts to key stakeholders.
• Partner with Legal, Risk, Operations, and other control functions on regulatory and compliance matters.
• Identify and escape potential regulatory issues, policy breaches, and other compliance concerns.
• Contribute to improvements in policies, controls, and broader compliance processes supporting regulated markets activities.

Candidate Profile

• Existing compliance experience within financial markets, with exposure to futures, derivatives, commodities, broker-dealer, or other regulated trading activities.
• Knowledge of the regulatory framework applicable to FCM and derivatives businesses, including CFTC and NFA requirements.
• Experience providing compliance advice directly to front-office or business stakeholders.
• Familiarity with regulatory filings, examinations, inquiries, policies, procedures, and supervisory controls.
• General understanding of financial markets, trading products, and market structure.
• Strong analytical skills with the ability to interpret data and regulatory requirements.
• Excellent written and verbal communication skills and the ability to work effectively with stakeholders across different functions and seniority levels.
• Strong organizational and time-management skills with the ability to manage multiple priorities in a fast-paced environment.
• Proficiency with Microsoft Office, including Excel, Word, and Outlook.
• Bachelor's degree in Finance, Economics, Business, or a related discipline.