Regulatory Operations Specialist (Dodd Frank) in New York, NY at ConsultNet

Date Posted: 5/25/2020

Job Snapshot

  • Employee Type:
  • Location:
    New York, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Title: Regulatory Operations (Dodd Frank)
Location: NYC
Duration:  Direct Hire w/Client

Job Description:
Client is looking for an individual with really strong legal/compliance background and understanding around Title VII Dodd-Frank Act.  (MUST)
Regulatory Operations Specialist is responsible for properly reporting Client's Capital Market's OTC trade details as a US Swap Dealer to the various regulators, CFTC, EMIR and Canada. The use of knowledge and skills obtained through experience are used to update client regulatory details, facilitate submissions by complying with regulatory reporting requirements, monitoring, maintaining controls and ensuring proper compliance with industry rules and regulations. Strongly integrated within the team to ensure good communications and smooth workflows. Collaborates with manager to identify opportunities for operational efficiency and productivity improvements to mitigate regulatory, reputational and financial risk. Assist in the integration of new and changing rules and regulations. Works with team to update processes as well as updating departmental procedures with guidance from Manager. Contact with customers as well as various internal teams as required to research, identify and resolve issues and inquiries.

  • Work closely with Sales and Legal to facilitate our client's regulatory documentation within our proprietary database in accordance with CFTC, EMIR and Canada for OTC trading
  • Ensure timely documentation completion process via workflows
  • Update Regulatory details in multiple different systems to assist in system parallel
  • Liaise with external clients to answer Regulatory inquiries
  • Facilitate Regulatory data control process and follow ups
  • Assist in documentation, procedure write ups and checklists
  • GTR Regulatory Reporting for MCM (US Swap Dealer) and MSC (Cayman Corp) across CFTC, EMIR and Canada regimes for OTC products, FX, Rates, Credit and Equity
  • Real-Time trade break monitoring and alerts
  • Escalation of regulatory issues to appropriate team (work directly with team Compliance, Back & Middle Office and Front Office)
  • UAT testing for new Regulatory change requirements (i.e. Brexit, SEC Security Based Swaps, CFTC restructure and harmonization)

Skills and Competencies:
  • Strong understanding of Derivative products
  • Knowledge in Dodd Frank Act, EMIR and Canadian OTC regulations
  • Clear understanding of Master Agreements, DFA Protocols, EMIR, Canadian OTC Province regulations, Cross Border regulations and Self Disclosure Letters
  • Team player, jumps in and helps out wherever needed
  • Independent, hardworking and eager to learn (can do attitude)
  • Strong attention to detail and analytical skills
  • Good communication skills
  • Appropriate and confidential handling of client data
Be a part of the ConsultNet difference. As a leading national provider of IT staffing and solutions, ConsultNet delivers exceptional services to startup, midmarket and Fortune 1000 companies across North America. Since 1996, we've partnered with clients to create rewarding opportunities for our consultants, successfully building teams that have surefire results.
In the past two years alone, we have placed more than 1,500 consultants in contract, contract-to-hire, or direct placement opportunities. We understand communication is key to finding the right job that matches your skills and career goals. For us, it's not just the work that we do; it's how we do the work. Our breadth of offerings extends to multiple IT positions in major markets throughout the country, see more at