Compliance Analyst

This is a fully remote position, open to applicants in New York.

📋 Description

• Provide assistance in executing practical regulatory guidelines related to event contracts, futures, and swaps trading, which includes requirements for retail customers, options, and margin obligations.

• Keep track of newly enacted and updated CFTC/NFA regulations and DCM/DCO rulebook modifications; evaluate their implications and support necessary compliance adjustments.

• Evaluate transaction monitoring alerts and resolve them promptly.

• Oversee customer risk ratings and incoming complaints; escalate matters as needed.

• Conduct electronic communication reviews in alignment with supervisory protocols.

• Update and maintain compliance policies, procedures, and written supervisory procedures (WSPs).

• Organize and prepare responses for regulatory inquiries, examinations, and investigations from the NFA, CFTC, DCMs, and DCOs; keep records ready for examinations and track remediation actions.

• Monitor DCM/DCO bulletins and rule updates; summarize and circulate this information within the compliance team; assist with related filings and inquiries.

• Assess marketing materials, promotional content, and customer communications for compliance with NFA Rule 2-29 and relevant CFTC standards; maintain a review log.

• Collaborate with marketing and product teams to identify compliance issues early.

• Aid in the compliance facets of new product development and launch.

• Support AML/KYC reviews, including onboarding documents and periodic account assessments.

• Proactively identify compliance issues and contribute to improvements in forms, policies, and controls.

• Engage in internal working groups and governance forums.

• Report directly to the FCM Chief Compliance Officer (CCO).

⛳️ Requirements

• 1-3 years of experience in regulatory compliance and/or risk management within a futures, derivatives, or FCM setting, at a financial services firm, regulatory agency, or SRO.

• Basic understanding of the Commodity Exchange Act, CFTC regulations, and NFA/exchange rules.

• Excellent written and verbal communication skills; capable of clearly and concisely summarizing complex regulatory matters.

• Strong organizational and time management abilities; adept at independently prioritizing tasks in a dynamic environment.

• Strong interpersonal skills; capable of collaborating cross-functionally with colleagues and external stakeholders.

• Willingness to pursue Series 3 and/or the NFA Swaps Proficiency Exam, as applicable.

• Bachelor's degree in Finance, Business, Law, or a related discipline (preferred).

• Experience at a registered FCM, NFA member firm, or regulatory agency (CFTC, NFA, or exchange) (preferred).

• Familiarity with event contracts, DCM/DCO relationships, or marketing review under NFA Rule 2-29 (preferred).

• Knowledge of transaction monitoring systems and surveillance tools used in futures markets (preferred).

🏝️ Benefits

• Full-time employment.

• Bonus.

• Benefits information available at https://benefitsatfanatics.com/