Risk & Compliance Expert for review of OTC and Exchange Traded derivatives activity of US Swap Dealer

Our firm provides Risk and Compliance services to firms in the financial services industry. The service offering is based on the concept of "near-shoring", either by providing implementation of improved Risk and Compliance processes or by augmenting the client's headcount for existing processes, ensuring an effective, quality service, underpinned by dedicated and trained staff.

The main legal framework adopted is the Markets in Financial Instruments Directive 2004/39/EC, Markets in Financial Instruments Directive 2014/65/EU (MiFID II) and Markets in Financial Instruments Regulation 600/2014/EU (MiFIR). Guidelines and recommendations for compliance implementation are customised according to the client's local regulator.

We currently have a project with a US-based large financial institution and are looking for an individual with the appropriate Compliance experience and background to assist with a full scope review of the OTC and Exchange traded derivatives activity of a US Swap Dealer entity under the CFTC Dodd-Frank rules:

- Assess the commercial activity undertaken within the US entity: jurisdictions in scope are UK & Ireland, Hong Kong, Singapore & Australia (priority for UK & Ireland)
- Source the regulator rules/guidance notes and industry best practices that apply to Compliance
- Source operational controls needed to support that commercial activity
- Identify gaps or opportunities for potential enhancement of those key controls

We envision this engagement to be in the region of 20-25% capacity over the course of 2-3 months so can be taken on alongside other project work.