Job Title: Project Consultant Compliance
Business Unit: Compliance Location: Singapore
Reports To: Country Head
Perm/temp: Temporary role (9 months)
Position Summary:
This is a fixed term role which reports directly to the Country Head for day-to-day compliance activities with dotted reporting responsibilities to the Senior Director, Head of Compliance EMEA for implementing policy consistent with RJO global compliance policy. The incumbent monitors procedures and practices to ensure compliance with the Monetary Authority of Singapore (MAS), as well as any other rules related to the futures industry and the internal policies and procedures of RJO.
Duties & Responsibilities
Responsibilities include but are not limited to:
· Identifies and interprets existing and new MAS, foreign jurisdiction, and self- regulatory organization rules and regulations to determine their impact on business activities of the firm.
· Maintains and updates all compliance policies and procedures.
· Manages or assists with new compliance initiatives, including those mandated by regulatory change.
· Receives information requests from regulators and global compliance departments. Submits timely, complete, and accurate responses.
· Provides compliance advice to brokers and management.
· Conducts communication surveillance and periodic targeted audits of trading desks and brokers. Identifies concerns, makes recommendations for corrections, and completes and submits a final written report with all findings.
· Through the use of a trade surveillance system, monitors for potential trade practice violations, analyzes exception reports, and escalate potential violations to senior management. Makes recommendations to improve surveillance parameters and policies and procedures.
· Provides ongoing training to firm staff on topics including, but not limited to, exchange specific Block trading rules, AML/CFT, payments anti-fraud, and ethics.
· Provides compliance support for new product and sales technique initiatives.
· Submits all relevant regulatory reports.
· Compiles and circulates periodic compliance management information.
· Coordinates compliance functions with the RJO’s global compliance teams.
Qualifications, Experience and Skills Required:
· Have a Legal, Finance, Accounting, or Business degree.
· 5+ years of derivatives compliance or regulatory experience, preferably with a focus on futures and options on futures.
· Ability to understand and breakdown complex trading strategies.
· Excellent written and oral communication skills.
· Must be proactive, adaptive, and motivated.
· Excellent understanding of the Securities and Futures Act (SFA) and of MAS Notices, as well as requirements of the Capital Market Services (CMS) License regime.
· Experience and comfort working directly with seniormanagement.
· Able to work on multiple projects and assignments at the same time and prioritize appropriately to meet deadlines.
· Ability to reach sound judgments and act quickly under tight deadlines.
· Experience interacting with senior compliance and regulatory staff at the various exchanges and regulatory agencies.
· Knowledge of trade surveillance software preferred.
