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Director of Compliance - FCM

Company: StoneX Group Inc. US
Location: Chicago
Posted on: August 7, 2022

Job Description:

Position Purpose: Serve as a leader on various areas of compliance monitoring and internal customer service to the business units supported by the compliance team devoted to the Futures Commission MerchantPrimary Accountabilities/Responsibilities:

  • Oversight of various components of the firm's compliance program on a day-to-day basis
  • Serve as the lead compliance coordinator for and CFTC, NFA, or DSRO regulatory audits
  • Assist CCO with strategic projects and initiatives
  • Works with the CCO and Senior Compliance staff to prepare the annual CCO report
  • Collaborate with other departments (e.g., Risk Management, Internal Audit, Human Resources, etc.) to direct compliance issues to appropriate existing channels for investigation and resolution. Consults with Corporate Counsel as needed to resolve difficult legal compliance issues.
  • Ensure required regulatory filings with exchanges and/or regulatory bodies are made accurately and timely
  • Serve as the lead point of contact for internal inquiries from other teams and business units including, but not limited to: Trade platform support; Electronic order log, Non-competitive trade types, Suspense accounts and Give-up trades etc.
  • Identifies potential areas of compliance vulnerability and risk; develops and/or implements corrective action plans/controls for resolution and sustained compliance in the future.
  • Analyze and perform analysis on various structures and trade type strategies presented by front office
  • Manage departmental inbound inquiries and response in a timely manner
  • Monitor and reporting of regulatory position limits
    • Serve as the primary compliance reviewer for customers engaged in last trading day and deliveries
    • Provide compliance support for new product and sales technical initiatives.
    • Coordinate the compliance team involvement in the prospective introducer vetting and onboarding process
    • Assist in policy and procedure development and maintenance
      • Maintains prompt and regular attendance.
      • This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.Job Requirements:
        • Bachelor's degree in Finance or Business or equivalent years' experience in finance or compliance preferred
        • 5 to 10 years compliance experience preferably in commodities derivatives at a Clearing FCM
        • Strong knowledge of CFTC, NFA, and exchange rules
        • Demonstrated ability working with people in connection with challenging issues
        • Strong organization skills along with attention to detail
        • Demonstrated proficiency using Microsoft Office
        • Ability to manage multiple tasks and adapt to changing priorities in a fast-paced environment.
        • Ability to effectively present information and respond to questions from groups of managers, customers, and the general public via effective written and oral communication skills
        • Skilled in researching, interpreting, and disseminating information on compliance regulations and laws
        • Ability to work independently
        • Must be available for travel as needed - anticipated 5%- 15% of the time but potentially 25%
        • Must be authorized to work in the US for any employerPhysical requirements/Working conditions:
          • Climate controlled office environment
          • Minimal physical requirements other than occasional light lifting of boxed materials
          • Dynamic, time-sensitive environment
            StoneX (formerly known as INTL FCStone) is an institutional-grade financial services network that connects companies, organizations and investors to the global markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep expertise. We provide access to 36 derivatives exchanges, 175 foreign exchange markets, nearly every global securities marketplace and a number of bi-lateral liquidity venues. We deliver this access with support throughout the entire lifecycle of a trade - from consulting and "boots-on-the-ground" intelligence, to best execution, to post-trade clearing, custody and settlement. In these ways, StoneX enables clients to use the global markets ecosystem to achieve their business goals through one trusted partner. We currently serve more than 30,000 commercial, institutional and payments clients, and more than 125,000 retail clients across more than 130 countries. Our clients use our institutional-grade digital platforms, our high-touch service, and our market intelligence to pursue trading opportunities, make investments efficiently, manage their market risks, and improve their business performance. Our relentless focus on helping them accomplish these objectives has enabled us to build deeply valued, long-term relationships based on guidance, integrity, transparency and trust.

            StoneX Group Inc. is an Equal Opportunity Employer . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

Keywords: StoneX Group Inc. US, Chicago , Director of Compliance - FCM, Executive , Chicago, Illinois

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