Fixed Income Compliance Officer

Job Title:

Fixed Income Compliance Officer

Job Description:

Role Description

The Advisory Compliance team serves as a regulatory advisory function and is responsible for overseeing the management of the broker dealer's compliance risk, and is represented by the Chief Compliance Officer as either a member or observer of various committees such as the New Product, Underwriting, Risk Management, Compliance, and Training committees.

The Senior Compliance Officer role may manage a coverage area or process with a large amount of independence. Incumbents are typically referred to as subject matter experts and are known internally and externally as reliable, knowledgeable resources. Incumbents may develop and exercise business plans, policies, and procedures, as well as oversee various assigned projects to improve efficiencies. Individuals at this level have a clear understanding of the firm's different businesses and the related economics. The primary focus of the role is on day-to-day advisory and monitoring, although roles also contribute to strategic planning within areas of expertise.

Role Objectives

• Responsible for providing regulatory and compliance advice to business units, identifying and providing training, and conducting monitoring of the broker dealers public side sales and trading groups with a focus on all Fixed Income activities including Primary Dealer and fixed-income futures activity.
• Provides advice on regulatory and compliance requirements to business unit management and staff so that they may conduct their business in conformance with regulatory requirements.
• Advises and provides regulatory guidance on establishing a reasonably designed supervisory system including creating and updating written supervisory procedures.
• Monitors and provides updates on regulatory changes and supports implementation of new / amended regulatory requirements.
• Conducts monthly meetings with business unit management to proactively identify emerging business issues and discuss related or new regulatory requirements.
• Proactively engages with Compliance, Legal, and control function colleagues to enhance the overall Compliance program.
• Escalates regulatory concerns and other significant matters to their manager and ongoing support as necessary for matters requiring escalation.
• Interfaces with regulators and Internal Audit during compliance-related examinations/audits related to coverage area.
• Research and draft responses to regulatory inquiries.
• Advises on the maintenance of internal policies and procedures with a focus on the current compliance framework as a reference point.
• Coordinate with affiliates to address cross-border issues, reporting requests and special projects.
• Seeks operational efficiencies and automation of processes to reduce risk of manual processes.
• Create and deliver compliance training by drafting appropriate training materials and conducting trainings
• Leads / Contributes to various reporting requirements and other ad hoc investigations.
• Work with Global Advisory team and other legal entities in the Americas to lead a coordinated effort throughout the organization.
• Collaborates closely with Compliance team and other supports units to help create and maintain best practice across the Firm.
• Plays a key role in the Compliance risk assessment exercise.

Company Requirements:

Qualifications and Skills

• Extensive Compliance Advisory experience at a broker dealer covering fixed income and/or fixed income futures activities.
• Strong knowledge in US securities laws, rules and regulations and broker dealer fixed income operations including TRACE reporting, Primary Dealer and fixed income futures activity.
• Understanding of the products, services and business of Nikko and affiliates, such as U.S. Treasury. Securities, Repo, Corporate Bonds, and Securitized Products, as well as associated derivatives and futures.
• Experience dealing with U.S. financial regulators, including the Federal Reserve, SEC/FINRA, and CFTC/NFA.
• Excellent written and oral communication skills, particularly with respect to communicating technical subject matter.
• Ability to manage multiple assignments and build consensus among stakeholders.
• Must be well organized with prioritization and project management skills on a global scale.
• Attention to detail and discipline to follow up on issues until resolved.
• 10 ?years of regulatory compliance experience at a broker dealer. BA/BS required. Series 7, 24, 79 a plus.