Associate Manager - CFTC/Derivatives

Position Overvew

Job Title: Associate/Manager (focus area: CFTC/derivatives)

Job Type: Full Time

Location: New York City

Salary Range: $100,000-$225,000

About the Firm:

Patomak Global Partners is a leading financial sector consulting firm that applies the insights of senior-level industry experts to advise clients on complex and cutting-edge strategy and compliance and risk management challenges.

We are experiencing high growth and are looking for individuals that are self-starters and eager to learn from the best in the industry. In this role, you will have the opportunity to work with senior industry and regulatory experts. Day-to-day interaction with former senior government officials and industry leaders will provide a unique and transformational professional experience. Patomak seeks a mid-level professional at the associate or manager level with a good understanding of CFTC/NFA rules and regulations. In this role, you would apply your knowledge of these rules and regulations to compliance and risk programs in light of regulatory expectations and best practices and identify opportunities for clients to enhance their compliance and risk programs, business models, and operations. This position offers you the opportunity to join a high-performing team in a fast-paced work environment. You will lead cutting-edge projects and work on new industry-specific risk and compliance challenges. This position is for a financial services compliance professional at the Associate or Manager level to work on regulatory and compliance issues confronting clients who are swap dealers, broker-dealers, asset managers, banks, exchanges, and other financial services firms such as fintech companies. Issues handled by this position will also involve cryptocurrencies, swaps, and investment products. This position will work on projects to help clients manage regulatory and compliance programs.

What's Great:

• We have exceptional compensation and excellent work culture.
• We are a growing, profitable company.
• You will gain broad exposure and learning opportunities.
• Patomak has a global client base ranging from the biggest banks in the world to the newest fintech firms.
• Our professional team of coworkers are experts in their specialties.

Overview of the job duties:

• Assess clients' compliance programs against rules, regulations, and supervisory expectations.
• Conduct testing to determine control effectiveness.
• Design and implement enhanced internal controls framework.
• Review clients' governance framework, operations, and trade and communication surveillance systems.
• Prepare written reports and other deliverables for the client.
• Closely collaborate with Directors, Senior Directors and Managing Directors on business development and project execution.

Skills and Desired Qualifications:

• Strong organizational, time management, and problem-solving skills.
• Experience working with teams focused on identifying or overcoming compliance challenges facing leading financial companies.
• Excellent PowerPoint and Excel skills.
• Excellent writing and editing skills.
• "All-hands-on-deck" mentality befitting a collaborative work environment.
• Proactive and curious; ability to quickly get up to speed on new topics, regulatory priorities, and rules and regulations.
• Flexible in adapting to new job duties and client demand.
• Keen attention to detail.
• Ability to work well in a team environment.
• Positive attitude and desire to learn.

Desired subject matter expertise:

• Derivatives market (CFTC/NFA) rules and regulations as applicable to swap dealers or futures commission merchants is required.
• Experience dealing with financial firm regulatory examinations, investigations, and enforcement at a financial firm or as a consultant, lawyer, or regulator.

Education and/or Relevant Experience:

• 3-8 years of derivatives market risk management or compliance experience in the private sector (e.g., consulting firm, law firm, financial firm) and/or at a financial regulator (e.g., CFTC, NFA).
• Experience with securities rules and regulations (SEC/FINRA) as applicable to broker-dealers, security-based swap dealers, or investment advisers is a plus.
• Experience with banking regulations, particularly capital and risk management rules, is a plus.
• Advanced degree preferred but not required.

To formally apply, please follow these instructions:

• Complete the application as follows.
• Submit a cover letter with your application, or send to jobs@patomak.com Subject: Cover Letter + YOUR NAME.
• Please indicate on your resume your GPA for any undergraduate or advanced degrees if you have less than three (3) years of professional work experience.
  • Please note: you may be required to provide your unofficial transcript if selected further in the interview process.

Our Benefits Include:

• Patomak offers enrollment to full-time employees (and eligible dependents) in a comprehensive health insurance plan
  • Platinum-rated medical/prescription plan
  • Dental plan
  • Vision plan
• Patomak offers participation in a 401(k) plan
  • Pre-tax and Roth options
  • Immediate enrollment eligibility
  • 100% match up to 3% of compensation
  • Immediate vesting
  • Access to financial advisor for employees
• Patomak offers participation in a Flexible Spending Account (FSA)
  • Unreimbursed Medical Expense (UME) and Dependent Care (DCA) options
• Patomak offers long-term disability coverage to all full-time employees
  • Employees are immediately enrolled in the plan upon being hired
  • Premium is employer-paid
• Patomak offers a very generous commuting benefit

Patomak Global Partners, LLC is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.

Pay Range

USD $100,000.00 - USD $225,000.00 /Yr.

Location: Grand Central, NY, US

Posted Date: 11/28/2024