Associate, Swap Dealer Compliance
Standard Chartered Bank
- offer expired 3 months ago
- contract of employment
- specialist (Mid / Regular)
- hybrid work
Support the global Swap Dealer Compliance Team initiatives with a specific focus on U.S. CFTC Swap Dealer and U.S. SEC Security-Based Swap Dealer Rulemakings and related compliance requirements (all of which activities are global in nature).
As front line control function, ensure execution of the regulatory and compliance processes across businesses under the purview of Swap Dealer Compliance (FM, WMPS, TM, etc.), including identification of real or emerging risks to the regulatory framework in response to changes to business and/or the regulatory environment.
As a second line risk control function, execute the relevant aspects of the Compliance framework through robust risk control including constructive challenge in a manner proportionate to the nature, scale, and complexity of the relevant business. Evaluate the effectiveness of controls in relation to regulatory risk management.
Support and implement the vision, strategy, direction and leadership for CFCC Advisory, Business Risk Frameworks, with a focus on Swap Dealer Compliance initiatives.
Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and valuable regulatory compliance support, advice and guidance to enable the business and functions to meet and achieve their strategic objectives.
Assist business and functional stakeholders with the BAU implementation of relevant processes and standards, especially those dealing with staff (trainings, designations).
Responsible for a number of compliance processes including but not limited to performing control checks (CSTs, KCIs, etc), verification checks, training related processes (tagging, delivery, tracking of completion and certifications), recordkeeping and management information (e.g., forum/pack production) related processes.
Assist with monitoring exception reports and other controls, logging exceptions / breaches (or resolving when possible), identifying trends and emerging risks and escalating to compliance, business, and functions stakeholders as needed.
Minimum of 5 years in the Financial Services Industry.
Product Knowledge: Possesses at least a moderate level of product knowledge regarding Foreign Exchange, Rates, Credit, Commodities, Equity and other market-traded (as well as banking/financing) products.
Regulatory Knowledge: working knowledge of US Dodd-Frank regulation with focus on CFTC Swap Dealer and/or SEC Security-Based Swap Dealer rules strongly preferred (can learn on the job).
Compliance Skills: existing experience with (or strong capacity to learn) risk identification, risk assessment, controls development, training, monitoring and reporting.
Microsoft Excel: possesses intermediate to advanced Microsoft Excel skills required to work with existing (and develop new) controls and processes over time.
While some Excel skills may be taught on the job, the ideal candidate will be familiar with basic formulas and functionalities including "Vlookup", "SumIf", varying forms of data concatenation / delimiter functionality, and VBA.
Analytical Skills: possesses an inquisitive mindset with the ability to think 'outside the box,' ask critical questions, and trust but verify responses in an adequately professional manner which can be well documented for recordkeeping purposes.
Core ability to analyse a wide array of varying trading activities and circumstances versus the legal text of the CFTC Swap Dealer / SEC Security-Based Swap Dealer rules (with the support and guidance of senior team members, and noting these rules can be taught over time as applicable to specific processes and tasks.
Flexible work arrangements - min. 2 days per week working from our office in Warsaw.
What we offer
Career development in a fast-growing company with a clear business strategy.
Opportunity to expand international experience and build global professional relations.
Competitive benefits package (incl. health & life insurance, pension plan, meal & sports cards).
3 days of paid volunteering leave our employees can use to support the cause of their choice.
Convenient location (next to Rondo Daszyńskiego) with subway, tram and bus lines.
Comfortable office space with chillout areas, free coffee/tea & fruit supply.
Contribution to building our newest Global Business Services centre.
26 days of leave per year for all the employees.
Standard Chartered Bank
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.