Senior Manager, Security-Based Swap Dealer Compliance

Macquarie Bank Limited; New York (NY); Hybrid; USD 173,000 - 205,000; Full time

Job summary

An established industry player is seeking a Senior Manager for Security-Based Swap Dealer Compliance. In this pivotal role, you will leverage your extensive knowledge of derivatives regulation to support the Chief Compliance Officer and enhance the firm's compliance program. This position offers a unique opportunity to engage with regulators and internal stakeholders while ensuring adherence to complex regulations. With a hybrid work model available, you'll thrive in a collaborative environment that values diversity and empowers its employees to drive meaningful outcomes. If you're passionate about compliance and ready to make a significant impact, this role is for you.

Qualifications

• 8-11 years of experience in financial services focusing on derivatives compliance.
• Deep knowledge of CFTC, SEC, and NFA rules applicable to swap activities.

Responsibilities

• Provide expert guidance on CFTC, SEC, and NFA regulations.
• Support the Chief Compliance Officer in regulatory obligations and compliance program enhancements.

Skills

Derivatives Compliance

Regulatory Interaction

Analytical Skills

Communication Skills

Project Management

Education

J.D. or Advanced Law Degree

Job description

Senior Manager, Security-Based Swap Dealer Compliance

Join Macquarie's Risk Management Group as an experienced Senior Regulatory Lawyer or Compliance Professional to support the Chief Compliance Officer of our Swap Dealer and Security-Based Swap Dealer. You will contribute to the development, implementation, and oversight of the firm’s compliance program, ensuring adherence to CFTC, SEC, and NFA regulations, including Dodd-Frank Title VII requirements. Leverage your expertise in derivatives regulation and experience in managing compliance programs to interface effectively with regulators and internal stakeholders. This role requires four days a week in our New York office, with hybrid working options available. At Macquarie, we value diversity and empower our people to shape possibilities. As a global financial services group operating in 34 markets with 55 years of profitability, we foster a collaborative environment where everyone contributes ideas and drives outcomes.

What role will you play?

You will provide expert guidance on CFTC, SEC, and NFA regulations impacting swap and security-based swap dealer activities. Support the Chief Compliance Officer in regulatory obligations, oversee policies, procedures, reporting, monitor regulatory developments, and enhance the compliance program. Maintain and update the swap dealer and SBSD compliance program, conduct risk assessments, support regulatory filings, and assist in regulatory interactions, audits, and examinations. Prepare responses to inquiries and collaborate with internal stakeholders to ensure compliance with evolving regulations.

The compensation range for this opportunity is a base salary of $173,000 - $205,000/year. Actual salary may vary based on experience, performance, location, and other factors. A discretionary incentive bonus may also be offered.

What you offer

• J.D. or advanced law degree preferred, with 8-11 years of experience in financial services, focusing on derivatives compliance, swap dealer regulation, or securities law
• Deep knowledge of CFTC, SEC, and NFA rules applicable to swap and SBSD activities
• Strong understanding of trade execution, margin, recordkeeping, reporting, and business conduct standards for swap dealer and SBSD entities
• Proven ability to interact with regulators, auditors, and senior management
• Excellent analytical, communication, and project management skills

About the Risk Management Group

Our Risk Management Group is an independent, centralised function responsible for reviewing, monitoring, and reporting on Macquarie’s material risks. We are a global team managing current and future risks across compliance, credit, financial crime, internal audit, market, operational, and prudential risks.

Our commitment to diversity, equity, and inclusion

We are dedicated to creating a diverse and inclusive workplace. Macquarie provides equal employment opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, genetic information, marital status, gender identity, or any other characteristic. We also provide reasonable accommodations during the recruitment process and employment, as needed.