Job Description

NYC 299 Park Avenue (22957), United States of America, New York, New York

Compliance Advisor Senior Manager- Swap Dealer

Job Description

The role is Sr. Manager - Swap Dealer Compliance Advisory. Capital One, National Association is a CFTC registered Swap Dealer. The Sr. Manager will advise our Commercial Bankings Interest Rate, Foreign Exchange and Commodities Sales & Trading and related Operations teams on applicable CFTC swap regulations and futures exchange rules. The Sr. Manager will be responsible for assisting the Swap Dealer Chief Compliance Officer (CCO) in administering the Swap Dealer compliance program including preparation of the Annual CCO Report.

This person will regularly interact with various levels of management and will be looked upon to promote prudent, well-controlled compliance with the applicable laws and regulations. The Senior Manager will support Commercial Banking and Corporate Treasury through providing expert regulatory advice and thoughtful recommendations that advance the growth business strategy. The Sr. Manager will also support internal and external risk reporting related to compliance risk as part of the broader Swap Dealer Compliance Team.

Responsibilities:

* Assisting the SD CCO in administering a Swap Dealer Compliance program; advising Sales and Trading and related Operations teams on CFTC swap regulations and compliance activities, performing root cause analysis, applicability and control reviews and risk assessments

* Advising business on first line controls and policies and procedures; working with Compliance Assurance to ensure compliance testing is appropriate based on the level of risk.

* Assisting the Swap Dealer CCO with the Annual CCO Report and risk reporting to management committees, Board and the National Futures Association (NFA).

* Helping maintain the Swap Dealer Compliance Manual and related policies and procedures.

* Assisting with the NFA and OCC examinations, coordinating collection and review of information, examination logistics, and finding responses.

* Closely interacting with the Legal Department and outside counsel regarding potential and actual changes in laws and regulations, interpretation and implementation. Leading the implementation of new / amended swap regulations (e.g., federal commodity position limit rules).

* Liaise with the Surveillance Team on disposition of alerts related to communications and trading.

Basic Qualifications:

* Bachelors degree or Military Experience

* At least 5 years of Compliance or Audit experience with a Swap Dealer or NFA Swap Dealer examiner

Preferred Qualifications:

* At least 6 years of Compliance or Audit experience

* At least 3 years of Compliance experience covering Swap Dealer

* Familiarity with External Business Conduct and Large Swap Trader Reporting regulations

* Knowledge of energy futures market and related exchange rules

* Experience managing audits and exams

* Strong organizational skills

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.