Swaps Compliance Officer, FalconX
$140-240k
+ Performance linked bonus + equity
Digital asset trading platform
Job no longer available
Digital asset trading platform
201-500 employees
Job no longer available
$140-240k
+ Performance linked bonus + equity
201-500 employees
Company mission
To build the connective tissue for open, permission-less, and truly global digital assets to be adopted by mainstream institutions at scale.
Role
Who you are
- Expertise of CFTC and SEC Compliance laws, rules, regulations, risks and typologies
- Excellent written, verbal and analytical skills
- Must be a self-starter, flexible, innovative and adaptive
- Highly motivated, strong attention to detail, team oriented, organized
- Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
- Ability to work collaboratively with regional and global partners in other functional units; ability to navigate a complex organization; to influence and lead people across cultures at a senior level
- Experience in managing regulatory exams and relationships with examiners, auditors, and other external partners
- Awareness of regulatory requirements including local and US laws, international and industry standards
- Relevant experience in and knowledge of CFTC, NFA swap dealer regulations
- Experience writing and implementing policies and procedures, management information and reports
- Experience within the OTC, listed derivatives and swaps businesses is an advantage
- Effective communicator with senior stakeholders both verbally and written, including experience delivering trainings
- Exceptional attention to detail and strong analytical skills
- Team player
- Genuine interest in Digital Assets and regulatory framework
- 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
- Experience in area of focus; strong working knowledge of Swap Dealers and the related operations and financial requirements
- Strong willingness to train and provide proactive guidance to colleagues on Swap Dealer requirements and impact of regulatory compliance
- Preparing or contributing annual compliance reports and other compliance materials for executive management, boards of directors and regulators
What the job involves
- Support the Chief Compliance Officer (CCO) in administering their duties to overseeing the firm’s Swap Dealer Compliance Program learning the operations and transitioning to the CCO Position for Swap Dealer Activities
- Advise and implement enhancements to the overall Swap Dealer Compliance Program, including oversight of policies and procedures
- Respond 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
- Manage and resolve any conflicts of interest that may arise by determining reasonable steps that should be taken to resolve or mitigate the conflict of interest in consultation with the CCO
- Provide reporting to management and Board of Directors. Escalate reporting when relevant
- Prepare and complete 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
- Develop swap dealer compliance training to all relevant personnel including swap associated persons, compliance team and other relevant groups
Our take
FalconX is driving the decentralised financial future with its digital asset trading platform, catering specifically to institutional users. Offering a suite of tools, from trade execution to market making and credit management, FalconX simplifies crypto strategy management through a unified interface.
Renowned institutions like Accel and Tiger Global have adopted FlaconX, recognising it as a leader in the space. Notably, the company earned the prestigious FinTech Breakthrough's 2023 DeFi Innovation Award for its FalconX 60 platform, a testament to its pioneering role in digital investment and risk management.
As institutional demand for crypto assets surges in the Asia-Pacific region, FalconX is expanding its footprint into Hong Kong. The company's decision to offer over-the-counter brokerage and crypto derivatives services aligns with the region's growing interest in virtual assert innovation and regulatory advancements. With a commitment to innovation and a proactive approach to expansion, FalonX is well-positioned to further solidify its position as a leading player in the digital asset trading space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2022
$150m
SERIES D
Aug 2021
$210m
SERIES C
Total funding: $427m
Company HQ
East San Mateo, San Mateo, CA
Leadership
Raghu Yarlagadda
(Co-Founder & CEO)Co-founder and CTO at Sarada Educational Institutions. Former Advisory Board Member at JoyUp, and Product Lead at eightfold.ai.
Prabhakar Reddy
(Co-Founder)Previously an Investor with Accel Partners, Partner at Singularity Ventures, and CEO at Dramatize. Also co-founded and was CEO of nFusion.
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