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Job Ref: 14883

Salary: $120000 – $140000

Exciting Career Opportunity:
Compliance/Legal Analyst (Hybrid)
Salary Range
: $120,000 – $140,000 annually 
Located in Manhattan

Are you ready to take on an impactful role where you can combine your expertise in compliance, risk management, and financial regulations? Join a leading financial institution as a FORMAT Analyst, where you will play a key role in ensuring regulatory compliance and risk management across a wide range of financial services. This is your chance to contribute to a fast-paced environment while developing your career in financial regulations and compliance.

Why You’ll Love This Role:

  • Competitive Salary: Earn a salary between $120,000 – $140,000, based on experience, with opportunities for career growth and advancement.
  • Impactful Work: You’ll work at the heart of regulatory compliance, helping to shape the company’s risk management framework and ensuring adherence to crucial regulations like BSA/AML, FATCA, and the Volcker Rule.
  • Diverse Responsibilities: Get exposure to a wide variety of compliance matters, including legal documentation, audits, credit line management, and regulatory reporting.
  • Leadership Opportunity: Take on a leadership role as the secondary Volcker Rule Responsible Officer, ensuring that trading desk activities align with the latest regulatory developments.
  • Collaborative Environment: Be part of a team that works closely with the Head Office and risk owners to drive compliance and operational excellence.

Key Responsibilities:

  • Regulatory Monitoring & Compliance: Monitor regulations and ensure compliance with BSA/AML, FATCA, and other key regulatory requirements.
  • Account & Credit Line Management: Assist with the creation of customer profiles, account maintenance, and monitor credit line compliance.
  • Volcker Rule Compliance: As the secondary Volcker Rule Responsible Officer, ensure all trading desks’ activities are in line with Volcker Rule requirements, keeping up with regulatory changes.
  • Operational Risk & Internal Controls: Contribute to operational risk management and the development of internal controls to improve the organization’s overall risk profile.
  • Regulatory Reporting: Prepare reports, conduct account reviews, and assist with compliance testing and audits.
  • Collaborate Across Teams: Liaise with the Head Office and other departments to ensure smooth operations and compliance with all regulatory frameworks.

What We’re Looking For:

  • Education & Experience: A Bachelor’s degree (or equivalent) in finance, economics, data processing, or programming, with 5+ years of related experience.
  • Technical Skills: Advanced proficiency in Microsoft 365 (Excel, Word, Outlook); knowledge of Visual Basic, Access, and PowerPoint is preferred.
  • Financial Knowledge: Familiarity with FX, Derivatives, and capital market products is a plus.
  • Regulatory Expertise: Strong understanding of ISDA, CSA, and financial compliance regulations.
  • Experience: Prior work experience in a financial institution is preferred.

Why You Should Apply:
This role offers an exciting opportunity to work in a dynamic and growing financial institution, where your expertise will help ensure compliance across various regulatory frameworks. If you’re looking for a role where you can make a direct impact on the business while advancing your career, this is the perfect opportunity!

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