Associate, C&C Advisory

Stamford, United States
Ref: 91059 Contract: Full-Time Posted: 12/07/19 Closes: 31/08/19

The Responsibilities

Purpose of the role:

Associate, Regulatory Developments and C&C US Markets Advisory is responsible for:

(1) Execution of the US Regulatory Developments (“RD”) process, including communicating pertinent RDs to appropriate business areas, following up on actions, compiling appropriate MI for governing bodies, providing guidance, and performing process improvement and streamlining to create efficiencies;

(2) Coordinating Rules-based risk assessment (“RBRA”) process, including coordinating responses and approvals, obtaining and retaining approval documentation at all stages of RBRA process and preparing materials for governance.

(3) Coordinating US C&C policy changes, including drafting, obtaining SME input, and assisting through governance

(4) Provide regulatory advice to Front Office primarily in securities, futures, and swaps regulation as a back up for the senior compliance & conduct officers, with a plan to become proficient in specific areas

(5) Take ownership of tasks and deliver meaningful changes to the organization; increase knowledge and comprehension of the businesses, products, and operations of NWM US



  • Contribute as a team player in a challenging and evolving regulatory environment, incorporating a positive and flexible approach

  • Advise Front Office Supervisors and Senior Management on development/enhancement of Front Office supervision, policies, procedures and training, under guidance from the senior compliance & conduct officers, with a plan to become proficient in specific areas

  • Draft, revise and/or review compliance and desk policies and procedures

  • Faciliate in the preparation and delivery of mandatory and relevant ad-hoc training to staff, as appropriate

  • Draft, revise and/or review compliance notices

  • Review and provide advice regarding New Products and participate in the Significant Change Approval Process

  • Coordinate and execute the Americas Regulatory Developments lifecycle and advise the business on regulatory developments, including Final and Proposed Rules, Advisories, Guidance, No-Action Letters, etc.

  • Participate in annual rules-based and conduct-based risk assessments, including coordination of the annual RBRA associated with the Fed Order

  • Assist with developing and executing against the annual Compliance Plan, as related to this role

  • Participate in regulatory and conduct-driven change programs as related to this role

  • Participate in FIA, ISDA, SIFMA, and other industry forums, as needed, as well as other periodic ad hoc calls regarding regulatory initiatives

  • Participate in Internal Audit exams and Assurance reviews of trading desks, products and relevant programs, as needed


CPC behaviours required for the role:

  • Improver Innovator (L2): Proactively seeks and tests ideas and helps to move forward improvements and new ways of working. Experiments and Learns from experience. Uses technology and digital tools to deliver the best possible service for customers (internal and external).

  • Change Ready (L2): Actively participates in change. Learns from new experiences. Reflects on and seeks support to recover from challenges, and overcomes obstacles. Focuses on own resilience and wellbeing. Works at pace whilst  maintaining quality

  • Critical Thinker (L3): Seeks out a wide range of information, including data and metrics, to understand problems and risks, make complex decisions, and simplify for colleagues and customers. Constructively challenges others’ thinking with the bank’s purpose, goals, and risk appetite in mind.

  • Connected: Identifies and acts on opportunities to collaborate with a wide range of people across different areas of the business. Coaches and gives feedback to others to achieve goals and improve. Influences based on understanding different audiences and needs. Demonstrates inclusivity and valuing differences in the way they work

  • Trusted Advisor (L3): Uses knowledge, expertise and relationship techniques to become a trusted and credible partner to customers. Considers internal insight and scans external horizon to deliver the best outcomes for customers. Demonstrates high ethical standards in their work and encourages others to do so



  • Broker-dealer experience and familiarity with SEC, FINRA and NFA rules and/or experience with derivatives (futures, swaps, options) as well as a working understanding of the risks inherent in such activities, products and services, and willingness to develop areas of expertise in one or more of these regulatory areas

  • 2LOD or 3LOD experience preferable

  • Ability to apply a rules based approach and  to understand and apply regulation applicable to business unit(s) under coverage

  • Proven ability to work collaboratively and persuasively across the organization to leverage available resources and talent to help drive activities to completion

  • Ability to communicate with knowledge and credibility to all levels of management, including appropriate management committees; offering well-considered compliance and regulatory risk management solutions and recommendations


Other Significant Role Requirements:


  • BA/BS degree

  • 2+ years securities industry experience

  • Willingness to expand knowledge in Regulatory Compliance



FINRA Series 3, 4, 7, 14, 24, and/or 63


Technical Knowledge:

MS Suite - MS Word, Excel and PowerPoint


Risk Management

  • Understanding of regulatory risk management and regulatory expectations particularly in the regulatory developments area

  • Provides support and advice, as needed and in accordance with the role, to the business on the management of risks, including interpreting and complying with regulatory expectations, the relevant risk policy standards and risk management framework

  • Complies with the relevant policies, testing and certifying (or considers and escalates) the adequacy and effectiveness of the business’s controls on a regular basis

It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review "EEO Is The Law", "EEO is the law- Supplement" & "Pay Transparency Provision" posters here.