Job: Compliance Officer/Specialist (Regulatory Research and Product Development)

Location: New York City, NY 10041

FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex)
trading and related services to retail and institutional customers world-wide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients
benefit from FXCM’s large network of forex liquidity providers enabling FXCM to
offer competitive spreads on major currency pairs. Clients have the advantage of
mobile trading, one-click order execution and trading from real-time charts. FXCM's
U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no
re-quote trading and allows clients to trade oil, gold, silver and stock indices along
with forex on one platform. In addition, FXCM offers educational courses on forex
trading and provides free news and market research through DailyFX.com.

• Company:
  Forex Capital Markets

• Location:
  New York City, NY 10041

• Job Status/Type:
  Full Time
  Employee

• Job Category:
  Legal

• Industry:
  Financial Services

• Occupation:
  Regulatory/Compliance Law

• Career Level:
  Experienced (Non-Manager)

• Work Experience:
  2+ to 5 Years

• Education:
  Bachelor's Degree

• Salary/Wage:
  
  Commensurate based on experience, plus potential discretionary bonus and full benefits

• Company:
  Forex Capital Markets

• Reference Code:
  364

Compliance Officer/Specialist (Regulatory Research and Product Development)

Purpose of Role
This position is responsible for conducting regulatory research; maintaining and developing regulatory policies and procedures; and assisting the business in its growth and development by advising on new products, jurisdictions, and acquisitions. The Specialist will ensure that the firm has proper supervisory procedures and at all times remains aware of its regulatory obligations, and is in a position to comply with them.
Principal Duties & Responsibilities:

• Develop, implement, and monitor Policies and Procedures necessary to comply with: Title VII of Dodd-Frank, CFTC regulations, NFA regulations, and other regulations promulgated by relevant regulatory authorities.
• Prepare periodic Risk Management Program reports to the governing body or relevant regulatory authorities
• Work with Compliance on the development and coordination of initial and ongoing training to employees on requirements impacting the Swap Dealer
• Assist with a gap analysis to identify and update all impacted policies, procedures and business operations globally based on new regulations implementing Dodd-Frank and similar regulatory requirements
• Coordinate with other business units on transfers of business, mergers and acquisitions, and integration projects
• Coordinate with other business units on launching new products, services, and initiatives
• Coordinate review of existing, new and proposed regulations that are relevant to the firm and communicate to the appropriate business lines
• Draft supervisory procedures for initiatives if applicable.
• Draft terms and conditions when necessary
• Review and produce compliance policies and procedures as needed to ensure that they are up to date
• Provide advice, analysis and/or resolution on compliance related concerns and queries to various departments
• Serve as project leader on projects as needed
• Review and approve client communications and/or promotional materials related as needed
• Assist in general responsibilities and designated tasks of the Compliance program
• Provide guidance to business units on acceptable practices and standards
• Provide business process improvement recommendations to the organization's management and staff
• Prepare formal reports and communicate results to Management

Critical Knowledge, Skills & Experience:
Essential

• An undergraduate degree in Business, Finance, Economics or other related field
• Two to four years Compliance or relevant department experience at a Retail Foreign Exchange Dealer or Broker Dealer
• Fundamental understanding of regulatory issues that could affect the firm
• Working knowledge of global regulatory requirements with respect to but not limited to Anti-Money Laundering, NFA/CFTC regulations, FSA and European regulations
• Working understanding of Title VII of the Dodd-Frank Act as it pertains to Swap Dealers, RFEDs, and FCMs
• Self-starter and able to work with other departments and build smooth working relationships
• Team player and able to prioritize in a fast moving, constantly changing environment
• Strong research skills; analytical and problem solving skills; and attention to detail
• Highly developed written and oral communication skills, and interpersonal skills
• Excellent organizational skills and ability to manage multiple tasks
• Strong computer skills and proficiency in Microsoft Word, Excel, and PowerPoint

Preferred

• A Juris Doctor, admitted and in good standing with a state bar

Interfacing with:

• Compliance Management
• Internal/External Audit
• Regulatory Bodies
• Marketing, Sales and Systems Trading teams
• Product launch teams and other business units
• Senior Managers and Executives

All employees working for FXCM must be eligible to work in the USA (No Visa Sponsorship)

Benefits: We understand that top performers in the current marketplace are attracted to companies offering competitive pay, benefits and opportunities for professional development. In light of this, we offer a Comprehensive Employee Benefits Program that includes the following:

• Savings Plan (401K)
• Medical & Health Care
• Prescription Drug Plan
• Dental Plan
• Vision Plan
• Employee and Dependent Life Insurance
• Short Term and Long Term Disability
• Paid Time-Off
• Flexible Spending Accounts
• Pre-Tax Commuter Reimbursement Program
• Employee Assistance Program
• Employee Referral Program

Equal Opportunity Employer

More Info and  Application