Compliance Analyst
$94k - $127k USD
Who are we?
FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever- evolving cryptocurrency landscape.
Impact:
In this role, your day involves overseeing the Swap Dealer Compliance Program, ensuring adherence to CFTC, NFA, and SEC regulations. You'll conduct reviews for the Surveillance Program, advise on compliance enhancements, and respond to regulatory inquiries. Managing non-compliance incidents and reporting to the Chief Compliance Officer are key tasks. You’ll also assist with the annual NFA Questionnaire and develop testing for internal controls. Strong communication skills are essential as you interact with senior stakeholders and guide colleagues on compliance matters.
Qualifications:
- Bachelor’s degree or equivalent experience required
- Experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or consulting firm, or a combination thereof desirable
- Experience within the OTC, listed derivatives and swaps businesses and their associated surveillance programs is an advantage
- Expertise of CFTC, NFA and/or SEC Swap Dealer regulations
- Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
- Experience in assisting regulatory exams and relationships with examiners, auditors, and other external partners is desirable
- Awareness of regulatory requirements including local and US laws, international and industry standards
- Strong working knowledge of Swap Dealers and the related operations and financial requirements a plus
- Strong writing skills and, ideally, experience writing and implementing policies and procedures, management information and reports
- Effective communicator with senior stakeholders both verbally and written, with strong willingness to train and provide proactive guidance to colleagues on Swap Dealer requirements and impact of regulatory compliance
- Genuine interest in Digital Assets and regulatory framework
Responsibilities:
- Support the team in overseeing the firm’s Swap Dealer Compliance Program
- Conduct first-line review for the Swap Dealer Surveillance Program
- Advise and implement enhancements to the overall Swap Dealer Compliance Program
- Assist in responding to regulatory inquiries, audits, examinations and investigations, and liaison with the CFTC and NFA
- Manage and report on any incidents of non compliance, maintaining a non compliance issue log and monitor remediation of open items, reporting to the CCO on a regular basis
- Provide reporting to management and Compliance Committee. Escalate reporting when relevant
- Assist with completion of the annual NFA Questionnaire and CCO report
- Assist in developing and conducting periodic testing to monitor whether internal controls are operating effectively and in compliance with the swap dealer requirements
The base pay for this role is expected to be between $94,000 - $127,000 in the New York City and San Francisco Bay Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, qualifications and the level at which the candidate is hired.
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Inclusivity Statement
FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences!
As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.
FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at recruiting@falconx.io, if you need assistance with participating in the application process.