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Cantor Fitzgerald · 12 hours ago

Chief Compliance Officer - CFTC Swap Dealer and SEC Security-Based Swap Dealer

New York, NY

Full-time

Onsite

Director/Executive

10+ years exp

Cantor Fitzgerald is seeking a Chief Compliance Officer to lead the compliance programs for their CFTC-registered Swap Dealer and SEC-registered Security-Based Swap Dealer. The role involves overseeing compliance frameworks, governance, risk management, and regulatory reporting while collaborating with various departments to ensure a robust compliance management system.

Commercial Real EstateFinancial ServicesFinTechManagement ConsultingRisk Management

Hiring Manager

Denise Vigliotti Smith

Responsibilities

Maintain and enhance the compliance program consistent with Commodity Exchange Act and CFTC Part 23 requirements for SDs, and Exchange Act Section 15F and related SEC rules for SBSDs

Support the CCO in developing the annual compliance plan, maintaining policies and procedures, and overseeing governance forums, charters, and issue management routines

Coordinate program documentation, regulatory mapping, interpretations, and implementation of new and amended rules

Facilitate compliance training across first and second lines

Preparing the CFTC Rule 3.3 annual report for the SD and the SEC Rule 15Fk-1 annual report for the SBSD, including testing results, exceptions, and remediation tracking

Coordinate management certifications, board presentations, and attestations, ensuring timely escalation and governance of material compliance matters

Oversee and perform first- and second-line controls for trade reporting under CFTC Parts 43, 45, and 46, and SEC Regulation SBSR, including UTI/USI/USI-LEI data integrity, lifecycle event reporting, allocations, and corrections

Manage exception reports, backloading/verification, repository reconciliations, late/erroneous submission reviews, and remediation

Liaise with SDR/SBSDR, Middleware/SEF, and internal Technology on data quality initiatives and regulatory change

Support adherence to external business conduct standards, eligibility and KYC diligence, scenario-specific disclosures, daily mark/fair value and scenario analysis, suitability, and recordkeeping rules

Coordinate oversight of relationship documentation, representations, safe harbors, and consent mechanics

Support oversight of clearing, margin, segregation, and collateral requirements applicable to SD and SBSD activities

Partner with the Risk function to maintain the SD risk management program under CFTC Rule 23.600 and analogous SBSD requirements, including independent testing, model/limit governance, and periodic reviews

Enhance trade surveillance, communications surveillance, and fair dealing controls, including calibration and documentation of alerts and escalations

Design and execute risk-based compliance testing and ongoing monitoring for SD/SBSD requirements, including trade reporting, business conduct, daily trading records, recordkeeping, and sales/trading practices

Track findings, corrective actions, and target dates; validate remediation; maintain control inventories and RCSAs in coordination with Operational Risk and Internal Audit

Serve as a point of contact for Swap Dealer regulatory examinations and inquiries by the CFTC, NFA, SEC, and, as applicable, FINRA or other SROs

Support timely, accurate responses; coordinate data and document productions; and maintain exam workpapers, responses, and remediation evidence

Monitor regulatory developments, industry guidance, and enforcement actions; drive impact assessments, gap analyses, and implementation workstreams

Oversee compliance with applicable books-and-records requirements, including daily trading records, voice and electronic communications retention, supervisory review, and accessibility/indices requirements

Coordinate system-of-record documentation, data lineage, and change management across reporting and surveillance platforms

Oversee controls for SEFs, DCMs, DCOs/CCPs, and trading/clearing intermediaries; review and manage relevant onboarding and ongoing due diligence; help govern third-party risk related to repositories, vendors, middleware, and hosting solutions

Provide proactive advisory support to Front Office, Operations, and Technology on SD/SBSD rules, including cross-border and U.S. person analyses, ANE considerations, substituted compliance, and applicability determinations

Develop and deliver targeted training addressing regulatory changes, control enhancements, and exam themes

Qualification

CFTC SD rules knowledgeSEC SBSD rules knowledgeCompliance program managementRisk management experienceData analysis proficiencyGovernance reporting experienceDetail orientationCommunication skillsProblem-solving skillsCollaborative approach

Required

Bachelor's degree required

Minimum of 10 years of compliance, legal, risk, or audit experience focused on derivatives or securities compliance at an SD, SBSD, broker-dealer, FCM, bank, or comparable institution

In-depth knowledge of CFTC SD rules (including Parts 3 and 23, Parts 43/45/46, and related guidance and NFA rules) and SEC SBSD rules (Exchange Act Section 15F, Regulation SBSR, capital/margin and business conduct requirements)

Demonstrated experience with governance and annual CCO reporting processes, compliance testing and monitoring, and management of regulatory exams

Hands-on familiarity with SDR/SBSDR reporting workflows, data quality controls, exception management, lifecycle events, and remediation of reporting defects

Strong understanding of business conduct standards, disclosures, suitability, fair dealing, and daily trading recordkeeping

Experience with risk management program requirements, trade and communications surveillance, and escalation frameworks

Proficiency with data analysis and control documentation

Excellent written and verbal communication skills, with an ability to explain complex regulations to diverse stakeholders and produce clear governance documentation

High integrity, sound judgment, and a strong ownership mindset with the ability to operate in a fast-paced, control-focused environment