Job Description

Job Title: Swaps Compliance Officer

Location: Main Office – 55 Water Street, or Iselin, NJ Branch Office (Currently hybrid: remote one day and in office four days per week)

Firm Overview:

BGC Group is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Group, Inc., and/or its affiliates.

Responsibilities:

• Serve as Compliance Manager advising on day-to-day issues for all Swaps executed through the Firm’s Swap Execution Facility (“SEF”).
• Develop and Implement policies and procedures to comply with existing and new regulatory requirements, including those promulgated by the CFTC, NFA, and other regulators.
• Candidate must have the ability to effectively review and analyze complex situations and apply judgment to resolve issues in a timely manner with minimal supervision.
• Communicate with traders and supervisors to assess risk and remediate issues.
• Candidate should be proficient in time management and able to initiate and manage projects.
• Assist in pulling the necessary information for regulatory reviews, audits and other examinations
• Actively monitor regulatory developments and trends working with Compliance, and taking appropriate action to ensure the business unit complies with new or amended regulations.
• Work with the business to help build out additional controls, surveillance, supervisory reports.
• Draft responses to regulatory inquiries received by the firm.
• Manage the preparation of the Annual CCO Report for SEF, and other reports as required.
• Interact with technology support and risk management to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation
• Develop and conduct training on various regulatory matters.

Qualifications:

• In-depth knowledge of NFA/CFTC Regulations, including Swaps Rules and Regulations, Dodd Frank Title VII SEF Regulations.
• Minimum 3-5 yrs experience at a SEF, Introducing Broker, Broker-Dealer or Regulator preferred.
• Excellent organizational and communication skills
• Series 3, 7, 24, 30, SPE (Swaps Proficiency Exam) preferred, but not required.

Educational Qualifications:

• Bachelor’s Degree required

Salary: $70,000 - 90,000 base + discretionary bonus

The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

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