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TP ICAP · 1 day ago

Head of Fixed Income Compliance

New York, United States

Full-time

Hybrid

Director/Executive

$250K/yr - $325K/yr

15+ years exp

TP ICAP is a world leading provider of market infrastructure, seeking a Head of Fixed Income Compliance to provide regulatory and compliance support for their fixed income trading operations. The role involves managing a compliance team, ensuring adherence to regulations, and enhancing compliance frameworks while interacting with various stakeholders.

AnalyticsFinancial Services

Responsibilities

Manage a small team of compliance professionals to ensure compliance with regulations in the United States, Canada and one or more South American jurisdictions

Ensure that the Firm meets its obligations pursuant to key regulations related to the Fixed Income Products, including but not limited to, electronic, algorithmic, hybrid and voice trading

Respond to and address inquiries from various fixed income business units throughout the firm to ensure compliance with applicable laws, regulations, and firm policies

Provide accurate and timely advice to the Business and other functions, including inquiries and escalations from various trading and operations staff

Create and maintain controls relative to TRACE and RTRS trade reporting, Reg ATS, Rule 15a-6 and other applicable rules and regulations; perform assurance work as necessary

Review and advise on new business initiatives related to the Fixed Income Products

Draft, review, and revise manuals, policies, written supervisory procedures, screen protocols, trading rules, Form ATS exhibits and other documents

Manage and respond to regulatory examinations, investigations and inquiries related to the Fixed Income Products

Ensure timely filing of regulatory reports and updates and respond to any regulatory inquires

Review trade exception reports and trading activity to ensure compliance with appropriate rules, regulations, and firm policies

Design and implement surveillance reports and processes for various trading areas, including the management of said implementation

Analyze rule proposals and amendments to assess business impact and ensure proper implementation of any final rules

Conduct periodic assessments and other reviews to identify and remediate potential gaps, including implementing or enhancing compliance controls

Develop and enhance supervisory reports as needed

Conduct periodic training

Identification of risks and risk mitigation solutions, including conducting risk assessments for the firm’s fixed income businesses

Work collaboratively with cross-functional teams as needed (e.g., Legal, Compliance, Risk, Client On-Boarding, AML Office, and IT)

Fulfill additional / ad hoc duties as required to meet the needs of the Business

Qualification

Fixed Income ComplianceRegulatory KnowledgeTeam ManagementWriting SkillsSecurities Markets KnowledgeRegulatory InteractionRisk AssessmentAnalytical SkillsTechnical AptitudeStakeholder ManagementMultitaskingTraining SkillsExperience in Canada/South AmericaCollege DegreeSeries 7Verbal Communication