Job Detail

Compliance Business Analyst

Compliance Business Analyst
Primary Location
New York
Bachelor's Degree
Rate Type
Per year
Job Description

There is an exciting opportunity for an experienced individual with a regulatory change/compliance background. The candidate must have detailed knowledge of OTC Derivative products, predominately Swaps / Security-Based Swaps, Dodd-Frank derivative regulations (CFTC & SEC), and have experience of regulatory change projects within this space either as a Lead Business Analyst or Project Manager, or Compliance practitioner.

The individual will be responsible for performing a regulatory gap analysis between the CFTC Swap Dealer and SEC Security-Based Swap Dealer regulations, to determine the project roadmap, including mapping the Traceability Matrix to the regulatory delta, and then ultimately to the implementation of the SBSD regulation. The role will require extensive liaison between, Compliance, Legal, and Change/ project function. The successful candidate will act as the first point of contact for regulatory delta gaps analysis, including implementation, and to cover issue resolution and escalation.

Key Responsibilities:

  • Perform a gap analysis between the Dodd-Frank CFTC & SBSD requirements and define the regulatory delta
  • Liaise with the business and other support groups (including legal, compliance, and IT) to ensure project deliverables/ tasks are clearly understood, well documented, and effectively implemented across functions
  • Raise regulatory interpretation issues in a timely manner to SBSD Project Manager / Compliance line manager, for timely resolution
  • Ensuring completion of daily obligations in accordance with Head Office Rules, Regulations, and Compliance policy
Job Requirements
  • Financial services or consultancy experience, preferably within a top tier firm
  • 5+ years working within a regulatory change or compliance role either as a Compliance Practioner or Business Analyst
  • Proven track record of delivering regulatory-driven projects with fixed deadlines, either implementation or remediation
  • Regulatory reporting and compliance experience within OTC derivatives is also preferable
  • Knowledge of CFTC Swap Dealer and SEC Security-Based Swap Dealer regulations
  • Excellent interpersonal and communication skills
  • Results-driven, with a strong sense of accountability
  • Ability to operate with urgency and prioritize work accordingly
  • Strong decision-making skills and the ability to demonstrate sound judgment
  • Ability to manage large workloads and tight deadlines
  • Excellent attention to detail
  • A calm approach, with the ability to perform well in a fast-paced environment
  • Strong numerical skills
  • Excellent Microsoft Office skills

Prospect 33 is an equal opportunity employer.

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