Job DescriptionThe Impact you will have in this role:Support DTCC's Data Repository (DDR) Chief Compliance Officer in all aspects of the derivatives compliance programs for DDR, DTCC's North American trade repository. This includes coordinating with various functional groups within Compliance, Legal, Internal Audit (Audit) and, other risk and control functions and DDR business areas to ensure that DDR complies with current regulations and the evolving regulatory environment. The individual reports directly to DDR's Chief Compliance Officer.
Your Primary Responsibilities: - Support DDR's derivatives compliance program in compliance with applicable CFTC, SEC and Canadian regulations and guidance as well as relevant international requirements for trade repositories.
- Monitor regulatory reporting obligations in the jurisdictions in which DDR operates and perform regulatory change assessments to determine compliance impact.
- Lead or assist in the preparation, review and submission of DDR Compliance department regulatory filings (including financial filings, operational report filings, and annual and periodic filings of registration materials). Provide back-up coverage and quality assurance for filings prepared by team members
- Coordinate the development of compliance-related controls, including policies and procedures, training, monitoring and oversight, testing and reporting, with other groups within DTCC Compliance, as well as Audit, Legal, Operational Risk and Resiliency (ORR), Enterprise Risk Management, Application Development and other control functions and business areas.
- Assist the DDR Chief Compliance Officer in preparation of DDR's Annual Compliance Reports, including coordinating the collection of required information, and obtaining attestations from various control functions.
- Assist in the preparation of Board and Audit Committee materials.
- Assess DTCC and DDR Compliance policies and procedures for compliance with DDR regulatory requirements.
- Assist in preparing responses to regulatory findings and coordinate with Audit and business unit staff on related action plans.
- Identify and develop appropriate automation and AI-enabled solutions to improve compliance processes while maintaining required review, governance and recordkeeping.
- Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.
Qualifications:- Minimum of 8 years of related experience
- Bachelor's degree preferred or equivalent experience
Talents Needed for Success:- Knowledge of financial services, particularly in the securities markets
- Knowledge of financial services laws and regulations
- Excellent listening and communication (oral and written) skills to effectively interface with all levels of leadership
- Ability to work in a team dynamic with team members in different locations
- Experience working at or with financial services regulators (e.g. SEC, FRB, NYSDFS, CFTC, ESMA, etc.) is highly desirable
- Knowledge of basic compliance principles and standards, including industry best practices and compliance controls
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations.
