Regulatory Change Management

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business.

Job Description

• Responsible for tracking changes to regulation and new regulations and ensure they are embedded across relevant teams.
• Ensure that NatWest Markets’ policies and procedures are in compliance with the relevant regulatory changes.
• Work with Legal and Compliance colleagues globally, to assist with remediation of gaps, deficiencies, or required enhancements to existing policies, processes and procedures.
• Work with change teams and the business to document and implement processes to adhere to the new regulations.
• Monitor and internally communicate U.S. industry developments impacting NatWest Markets globally.
• Participate in various internal and external working groups, committees, and forums and provide regulatory updates.
• Assist with the coordination and delivery of required training.
• Participate in ad-hoc special projects and initiatives as needed.
  
  

Experience

• In-depth knowledge and comprehension of regulatory requirements and global regulatory and industry trends relevant to derivatives (specifically CFTC/NFA swap dealer rules and regulations) and SEC/FINRA rules governing broker-dealers.
• Experience monitoring and reviewing regulatory changes, writing and implementing policies and procedures, as well as remediating existing regulatory gaps.
• Ability to analyse regulations and determine impact to the firm.
• Ability to work collaboratively and persuasively with internal stakeholders to leverage available resources and talent to help drive remediation activities to completion.
• Ability to communicate with knowledge and credibility to all levels of management, including appropriate management committees or forums.
• Excellent writing skills and strong research skills, analytical and problem-solving skills, and attention to detail.
• Ability to effectively multi-task and maintain positive attitude under pressure.
• Bachelor’s degree required; JD preferred.
• 3-5 years of financial industry experience.
  
  

Essential

• Experience working within a legal or compliance function of a Swap Dealer or a broker dealer.
• Understanding of US regulatory requirements applicable to Swap Dealers and broker-dealers.
• Understanding of regulatory risk management and regulatory expectations.
• Excellent PC Skills – MS Word, Excel and PowerPoint.
  
  

Desirable

• Project management experience in the area of regulatory compliance.
• Understanding of rules and regulations pertaining to the futures markets
  
  

The expected base annual salary range for this position is $190,00 - $210,000 at the start of employment.This is not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.

It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review "EEO Is The Law", “EEO is the law- Supplement” & “Pay Transparency Provision” posters here.