Regulatory Reporting Specialist
7 days ago
A leading tech investment firm in New York City, Tandym Group, is seeking an experienced Finance professional to fill the role of Head of Regulatory Reporting Swap Dealer.
This position involves establishing, maintaining, and developing the company's swap dealer financial and regulatory reporting framework for swap dealer activities.
Key Responsibilities:
- Ensure compliance with all swap dealer financial regulatory requirements, including those set by the CFTC and NFA.
- Oversee daily and monthly regulatory filings, including daily capital computations, position, margin, and counterparty reports.
- Assist with the monthly analysis and review of legal entity balance sheet and income statement, including detailed review of balance sheet reconciliations.
- Evaluate new products, services, and business initiatives from a regulatory finance perspective, ensuring proper setup and identifying potential issues.
- Develop and enhance existing processes, including understanding data flows, to lead automation efforts.
- Create, update, and maintain process documentation and procedures.
- Act as the financial point person on regulatory examinations.
- Serve as a point of contact and manage relationships with regulators and external auditors.
Qualifications:
- 10+ years of work experience, with significant experience at a related regulatory agency or in a swap dealer controller-capacity role.
- Bachelor's Degree in Accounting and/or Finance.
- Strong product knowledge and regulatory experience within the OTC derivatives and swap dealer businesses.
- Experience with the implementation and execution of swap dealer regulatory functions.
- Desired Skills: Series 27, experience as a FinOp, experience with Broker Dealers and FCMs.
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