Attorney in McLean, VA

In-House

McLean, VA

Attorney in McLean, VA

Non-practicing Attorney

Min 10 yrs required

No

Job Title: Director, Head of Surveillance

Job Responsibilities:
As the Director, Head of Surveillance at the company, you will be responsible for managing the company's Electronic Communications Surveillance Program and Trade Surveillance for the company's Commodity Futures Trading Commission (CFTC) Swap Dealer and three Broker-Dealers. Your primary role will involve maintaining the Surveillance function to reduce and identify risks related to market abuse through effective management of controls and reviews over trades, orders, and communications of employees engaged in market activities. Additionally, you will lead a team of Surveillance analysts tasked with managing these functions, performing quality assurance, and reporting metrics routinely.

Key responsibilities include:
- Oversight of trade surveillance for Swap Dealer (interest rate, FX commodities-energy) and institutional Broker-Dealers (equity trading & fixed income (ABS)).
- Execution of daily controls on trades, orders, and communications, ensuring quality control and monitoring for Swap Dealer and institutional broker dealers.
- Managing and improving programs, conducting periodic reviews, operating procedures, and establishing & monitoring controls for surveillance.
- Defining business requirements for technology implementation, working with technology groups to implement and test solutions.
- Establishing data quality controls and operations.
- Overseeing and managing the onboarding and offboarding process of technology platforms.
- Reviewing records, handling first level review, and escalating unresolved issues to Desk Heads and Compliance Advisory.
- Providing subject matter expertise, advice, and guidance on issues, rules, and regulations applicable to Broker-Dealers and CFTC Swap Dealers.
- Maintaining policies, procedures, and guidance to support compliance with regulatory obligations, corporate requirements, and industry best practices.
- Identifying and escalating issues through formal channels and facilitating timely resolution.
- Performing periodic quality assurance of subordinate review.
- Producing and providing management with program performance metrics.
- Independently managing internal audits and regulatory examinations, responding to regulatory inquiries.
- Managing projects to support initiatives within the Compliance organization and across the company.

Education and Experience Information:
Basic Qualifications:
- Bachelor’s Degree or Military experience.
- At least 3 years of experience as a people manager.
- At least 5 years of experience in compliance, surveillance, audit, or regulatory experience in the financial services industry.

Preferred Qualifications:
- At least 5 years of experience as a people manager, ideally of a Surveillance function.
- At least 10 years of relatable experience in surveillance role, compliance, or audit related to securities and derivatives.
- FINRA Series 7 and 24 licenses.
- Master’s Degree or Juris Doctor from an accredited university.
- Knowledge of emerging technologies like natural language processing.
- Experience in designing and deploying market abuse detection tools.
- Operation of Surveillance systems, including tuning and calibration.
- Strong technical knowledge of trade and communications surveillance, covering major asset classes (fixed income, equities, derivatives (OTC & exchange traded)).

Salary Information:
The salary for the Director, Risk Management role varies by location as follows:
- Sales Territory: $181,800 - $207,500
- McLean, VA: $200,100 - $228,400
- New York, NY: $218,300 - $249,100
- Plano, TX: $181,800 - $207,500

This role is eligible for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives. The company offers a comprehensive set of health, financial, and other benefits supporting total well-being. Eligibility varies based on work status and management level.

Additional Information:
The company will not sponsor new applicants for employment authorization for this position. The role is expected to accept applications for a minimum of 5 business days. The company is an equal opportunity employer committed to non-discrimination, promoting a drug-free workplace, and considering qualified applicants with a criminal history in a manner consistent with applicable laws.

For accommodation requests or technical support, candidates may contact the company through specified channels. The company does not endorse or guarantee third-party products or services available through its site.