This position is for a financial services compliance professional at the Associate or Manager level to work on regulatory and compliance issues confronting clients who are swap dealers, broker-dealers, asset managers, banks, exchanges, and other financial services firms such as fintech companies. Issues handled by this position will also involve cryptocurrencies, swaps, and investment products. This position will work on projects to help clients manage regulatory and compliance programs.
Job Title: Associate/Manager (focus area: CFTC/derivatives)
Job Type: Full Time
Location: New York City
About the Firm:
Patomak Global Partners is a leading financial sector consulting firm that applies the insights of senior-level industry experts to advise clients on complex and cutting-edge strategy and compliance and risk management challenges.
We are experiencing high growth and are looking for individuals that are self-starters and eager to learn from the best in the industry. In this role, you will have the opportunity to work with senior industry and regulatory experts. Day-to-day interaction with former senior government officials and industry leaders will provide a unique and transformational professional experience.
Patomak seeks a mid-level professional at the associate or manager level with a good understanding of CFTC/NFA rules and regulations. In this role, you would apply your knowledge of these rules and regulations to compliance and risk programs in light of regulatory expectations and best practices and identify opportunities for clients to enhance their compliance and risk programs, business models, and operations.
This position offers you the opportunity to join a high-performing team in a fast-paced work environment. You will lead cutting-edge projects and work on new industry-specific risk and compliance challenges.
What’s Great:
- We have exceptional compensation and excellent work culture.
- We are a growing, profitable company.
- You will gain broad exposure and learning opportunities.
- Patomak has a global client base ranging from the biggest banks in the world to the newest fintech firms.
- Our professional team of coworkers are experts in their specialties.
Overview of the job duties:
- Assess clients’ compliance programs against rules, regulations, and supervisory expectations.
- Conduct testing to determine control effectiveness.
- Design and implement enhanced internal controls framework.
- Review clients’ governance framework, operations, and trade and communication surveillance systems.
- Prepare written reports and other deliverables for the client.
- Closely collaborate with Directors, Senior Directors and Managing Directors on business development and project execution.
Skills and Desired Qualifications:
- Strong organizational, time management, and problem-solving skills.
- Experience working with teams focused on identifying or overcoming compliance challenges facing leading financial companies.
- Excellent PowerPoint and Excel skills.
- Excellent writing and editing skills.
- “All-hands-on-deck” mentality befitting a collaborative work environment.
- Proactive and curious; ability to quickly get up to speed on new topics, regulatory priorities, and rules and regulations.
- Flexible in adapting to new job duties and client demand.
- Keen attention to detail.
- Ability to work well in a team environment.
- Positive attitude and desire to learn.
Desired subject matter expertise:
- Derivatives market (CFTC/NFA) rules and regulations as applicable to swap dealers or futures commission merchants is required.
- Experience dealing with financial firm regulatory examinations, investigations, and enforcement at a financial firm or as a consultant, lawyer, or regulator.
Education and/or Relevant Experience:
- 3-8 years of derivatives market risk management or compliance experience in the private sector (e.g., consulting firm, law firm, financial firm) and/or at a financial regulator (e.g., CFTC, NFA).
- Experience with securities rules and regulations (SEC/FINRA) as applicable to broker-dealers, security-based swap dealers, or investment advisers is a plus.
- Experience with banking regulations, particularly capital and risk management rules, is a plus.
- Advanced degree preferred but not required.
Salary Range
$100,000-$225,000
Salary will be commensurate with experience, and employee will be eligible for an annual performance bonus based on individual performance and firm performance.
Patomak Global Partners, LLC is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
Employment Application
Current job opportunities are posted as they become available. You may also search positions by location via the tabs menu. All applications are processed in the order they are received. If you don’t see a position that fits your qualifications but want to be considered for future opportunities, submit your resume so we can retain it in our files. Make sure you put N/A in the position you are interested in field when submitting your application.
