Chief Compliance Officer and Director of Legal, Clear U.S

Join to apply for the Chief Compliance Officer and Director of Legal, ICE Clear U.S. role at ICE

19 hours ago Be among the first 25 applicants

Join to apply for the Chief Compliance Officer and Director of Legal, ICE Clear U.S. role at ICE

Get AI-powered advice on this job and more exclusive features.

Job Purpose

The Chief Compliance Officer will be responsible for overseeing all compliance-related activities within the clearing house including ensuring adherence to relevant laws, regulations and internal policies. The Chief Compliance Officer is responsible for ensuring the robust oversight of the entity and will lead the compliance function of ICE Clear U.S. to ensure delivery of the annual compliance plan and the continuous satisfaction of regulatory obligations.

Overview

Job Purpose

The Chief Compliance Officer will be responsible for overseeing all compliance-related activities within the clearing house including ensuring adherence to relevant laws, regulations and internal policies. The Chief Compliance Officer is responsible for ensuring the robust oversight of the entity and will lead the compliance function of ICE Clear U.S. to ensure delivery of the annual compliance plan and the continuous satisfaction of regulatory obligations.

In addition, the position will be responsible providing legal support to ICE Clear U.S. This role will involve oversight of legal and regulatory matters such as corporate governance, maintenance of rules, policies and procedures, communication with clearing participants and board members and regulatory filings. This role will involve managing legal risks, providing sound legal advice, and addressing complex legal and regulatory matters for a highly regulated, financial institution.

The Director of Legal will serve as a key partner in ICE Clear U.S.’s corporate governance, risk management, regulatory compliance and business strategy.

Responsibilities

• Direct the execution of the clearing house compliance and risk assessment programs.
• Oversee compliance, testing, monitoring, surveillance and adherence to all other relevant and applicable laws and regulations.
• Develop and deliver compliance training to educate clearing house staff on relevant regulations, policies and procedures.
• Engage with regulators, primarily the CFTC, and ensuring that all filings, reporting, and other obligations are discharged.
• Prepare management information demonstrating continued compliance, including for the management team, board and committees.
• Take responsibility for the implementation and delivery of regulatory control requirements, including supervision of clearing members and others as directed.
• Responsible for establishing standards and implementing procedures to ensure compliance.
• Lead regulatory examinations and respond to regulatory inquiries and findings.
• Collaborate with the V.P., Head of Legal, US Futures & Clearing and executive team to develop and execute the company’s legal strategy.
• Provide advice on a wide range of legal matters, including corporate governance, derivatives regulation, and compliance.
• Oversee corporate governance practices, including board of director and committee activities, policies and reporting obligations.
• Oversee and execute the preparation, organization, filing and negotiation of a wide range of regulatory filings and registrations.
• Oversee and execute the drafting, negotiation and management of key financial markets contracts.
• Assist with monitoring industry regulatory developments.
• Other duties as assigned.

• Bachelor’s Degree, JD and U.S. Bar Admission.
• 5-10 years of derivatives legal and compliance experience, with significant time spent in a corporate legal department, financial market infrastructure legal department, regulatory agency or law firm.
• Work experience with clearing house, exchange, brokerage, regulatory agency, bank, trade association or other financial services company or law firm required.
• Excellent verbal and written communication and documentation skills.
• Self-motivated with ability to multi-task and…