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Compliance Analyst, Futures

Chicago, New York

Commodities & Global Markets is involved in a broad range of sales and trading activities across a diversified range of products including financial and physical commodities (energy, metals, agriculture), futures, foreign exchange, interest rates and equities. Commodities & Global Markets also originate and execute various bespoke financing transactions for clients as well as principal investments.  

New York acts as the Americas hub for the Commodities & Global Markets businesses. In addition to New York, Commodities & Global Markets in the Americas operates in several other jurisdictions including Houston, Chicago, and Minneapolis.

The Commodities & Global Markets Futures business has its main office in New York and a single branch office in Chicago.

With the expansion and growth of Macquarie’s futures business in the Americas, we are looking to recruit an experienced business compliance professional to be based in Chicago or New York to help manage the compliance and regulatory risks associated with the highly dynamic regulatory environment that the futures business operates in.

The role reports directly to the Futures Commission Merchant’s Chief Compliance Officer and indirectly to Global Head of Commodities & Global Markets Business Compliance, who is based in New York. While this role primarily focuses on covering the futures business activities in the Americas, you will also be providing compliance and regulatory coverage in various regional and global Compliance objectives and projects impacting Commodities & Global Markets.

Key responsibilities are to:

  • Provide day-to-day compliance support to the futures execution and clearing staff in Chicago and New York, including the following:
    • Assist with the development of training on relevant regulatory related topics
    • Working to provide advice to the business on compliance implications arising from business changes (e.g., New Products) and regulatory change
    • Providing advice to the business in response to ad-hoc inquiries related to internal and external obligations
    • Performing, and regularly reviewing, compliance monitoring plan assurance activities
    • Review, update and implement policies and procedures as required
    • Identifying and reporting regulatory risks
    • Reporting on key compliance metrics to senior management in Commodities & Global Markets and to Risk Management Group
    • Track and assist with responding to regulatory inquiries
    • Support opportunities of the wider Commodities & Global Markets America’s Business
    • Assist with examinations of the Futures Commission Merchant (both Regulatory and Internal Audit)
    • Ad-hoc targeted testing of the Futures Commission Merchant’s policies, procedures, standards, and/or processes to ensure compliance with the relevant CFTC Regulations.

 

 

The successful candidate will have:

  • Basic knowledge of Futures and Options
  • 3+ years of experience as a compliance professional at an exchange, regulator, or Futures Commission Merchant
  • Awareness of compliance and regulatory requirements related to the futures markets and/or Futures Commission Merchant
  • A pragmatic partnership approach to compliance, with an interest in working closely with the business to identify solutions while achieving the appropriate and desired risk outcome.
  • Ability to work independently with a well-development risk mindset.

 

About the Risk Management Group

The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.

Salary range for this position: $80,000 - 160,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. We offer a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

Our commitment to Diversity and Inclusion 

The diversity of our people is one of our greatest strengths, and an inclusive workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 18,000+ employees and offices in 33 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.

Find out more at www.macquarie.com/careers

Job no: RMG-970591
Work type: Permanent - Full time
Location: Chicago, New York
Category: Mid-level, Compliance, Legal & Regulatory
Group: Risk Management Group
Division: Compliance
Recruiter: Amy Hillard
Opening Date: