New York, NY
Industry: Accounting, Finance & Insurance•
5 - 7 years
Posted 182 days ago
At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.
Commercial Bank Customer Derivatives Compliance Advisor
Job Description: The Compliance Advisor is responsible for ensuring compliance with laws, regulations, policies and procedures of the Commercial Bank’s Capital Markets - Customer Derivatives line of business (Front Office and Operations).
Summary: The Customer Derivatives trading desks (Commodities, Foreign Exchange & Interest Rate) offer a broad spectrum of hedging tools in the form of derivatives to assist its customers with managing commodity, interest rate and FX market risk and hedging thereof.
As part of the Derivatives Compliance Team, the Compliance Advisor performs a key risk management role (second line of defense), to help ensure business initiatives and the derivatives trading desks’ business processes comply with applicable laws including, but not limited to Title VII of the Dodd-Frank Act, OCC regulations and the Volcker Rule (Proprietary Trading). While working within the Compliance Management Program (CMP) framework, the Compliance Advisor is responsible for executing tasks outlined in the CMP, providing real-time compliance advice to the three trading desks and participating in various business and Compliance initiatives.
Responsibilities: The Compliance Advisor supports the three customer derivatives desks line of business by: