BGC Financial, L.P: VP, Fixed Income Compliance Officer BGC Financial, L.P: VP, Fixed Income Compliance  …

Cantor Fitzgerald
in New York, NY, United States
Permanent, Full time
Last application, 30 Sep 19
Competitive
Cantor Fitzgerald
in New York, NY, United States
Permanent, Full time
Last application, 30 Sep 19
Competitive
BGC Financial, L.P: VP, Fixed Income Compliance Officer
BGC Partners: Fixed Income Compliance Officer

The Firm is seeking a junior to mid-level Compliance Officer to provide real-time advice and support to front office personnel in a fast paced, high-pressure environment. The Compliance Officer will be responsible for covering the various fixed income businesses.

Specific functions:
  • Provide advice and guidance (desk presence) to trading and sales force on regulatory implications of daily activity.
  • Create and review exception reports on a daily basis.
  • Regularly update written supervisory procedures.
  • Draft memoranda on regulatory matters to be distributed internally.
  • Conduct compliance training regarding new and existing regulations and firm policies.
  • Monitor TRACE and MSRB reporting in real-time and circulate performance metrics.
  • Conduct electronic communications surveillance on a regular basis.
  • Review customer investment policies for authorized investments and institutional communications for proper disclaimers.
  • Assist in responding to regulatory inquiries.
  • Perform nationwide on-site branch office inspections.

Candidate Requirements:
  • 3 to 7 years of experience working in fixed income compliance function of a broker dealer.
  • Experience with broker-dealer trading and back-office systems, including Bloomberg Trade Order Management System (TOMS).
  • Knowledge of SEC, FINRA, and MSRB regulations applicable to fixed income products, sales and trading.
  • Intimate expertise of trading mechanics relating to fixed income instruments.
  • Working knowledge of major fixed income regulatory topics, including but not limited to trade reporting, markups and markdowns, institutional suitability, and communications with the public.
  • Familiarity with new regulatory initiatives, including best execution, 15c3-5, front running, and debt research rules.
  • Bachelors degree, FINRA Series 7 Required (Series 24 and 53 a plus). Advanced degree a plus.

The Firm is willing to consider individuals with fixed income experience in other areas of the financial services industry who are seeking to begin a career in regulatory compliance.
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