AVP – Fixed Income – GCFS Origination & Lending Compliance Officer

Full Time

Madison-Davis

EXTERNAL CLIENT

Global Credit Financing & Solutions consists of the following three businesses:

Transportation, Infrastructure & Energy provides financing to aircraft and other commercial transport companies, as well as finances infrastructure and energy assets, including their construction. ABS Banking provides origination and warehousing capabilities in the asset-backed securitization space across a variety of asset classes. Credit Solutions & Direct Lending trades and originates bank loans and also provides financing for securities.

Credit Structuring originates and executes transactions sourced from origination colleagues and typically funded out of GCF&S.

Commercial Real Estate provides financing to public corporations, private equity groups and individuals owning or acquiring commercial real estate assets in all property types including hotel and lodging, industrial, manufactured housing, multi-family, office and retail across the Americas and Europe. The group originates mortgage loans secured by commercial real estate both for portfolio and securitization or other exit strategies, buys or funds the purchase of pools of non-performing commercial mortgage loans and works with special servicers to maximize value, coordinates hedging of loan portfolios and otherwise manages loan portfolios, and issues and underwrites securitizations, structuring the transactions and acting as transaction manager.

Securitized Product Trading engages in secondary market making in CMBS, US Consumer and other ABS, CDOs and CLOs.

Structured Solutions Group and Securitized Products Sales are specialized sales forces that originate and distribute, respectively, securitized products and work closely with clients on secondary trades as well as highly structured credit transactions.

Additional responsibilities include:

Develop knowledge of rules and regulations applicable to the various GCT businesses
Research emerging compliance risks relevant to the various GCT businesses and draft memos outlining identified risks and potential mitigation strategies (e.g. consumer protection laws/CFPB considerations related to ABS Banking providing asset-based financing to companies that originate consumer loans/credit)
Assist addressing real time questions and requests; perform the requisite analysis to address the questions/requests when needed
Assist in preparation of Compliance management information both periodic and ad hoc
Monitor regulatory and surveillance reporting and escalated issues
Draft reports and presentations
Prepare draft responses to various requests from senior Compliance and business management
Attend and contribute to meetings and provide summary notes to the team
Prepare initial drafts of policies and procedures
Provide support to other Fixed Income Compliance team members on an ad hoc basis
Develop and enhance compliance policies and procedures and coordinate with global colleagues in developing global standards.
Assist with the establishment of an appropriate control framework tailored to the activities of the specific US GCT business lines.
Analyze proposed and enacted regulations and determine impact to supported US GCT business lines.
Conduct periodic risk assessments of the US GCT business lines and their control frameworks.
Develop and deliver compliance training on appropriate topics.

Qualifications – The successful candidate will have:

At least 3-4 years of experience providing legal and compliance coverage to an origination, structuring, sales and/or trading desk at a broker/dealer that makes markets in one or more securitized products (e.g. ABS, CLOs, or CMBS) or structured credit transactions.
A functional knowledge of: the US fixed income and derivative trading regulatory framework; the ’33 Act and the ’34 Act; FINRA, SEC, and broker dealer regulations and US bank regulations.
Ability to readily analyze complex transactions and assess an array of compliance considerations including information barriers, conflicts of interest, cross-border issues and market conduct/market abuse.
An understanding of securitized products are how they are traded in the primary and secondary market.
Ability to provide real-time guidance to the GCT platform on compliance matters including regulatory requirements.
Ability to identify and escalate relationships or transactions that pose reputational risk
Ability to make, support and defend difficult and complex regulatory and/or compliance decisions in a fast-paced and high pressured environment.
Ability to project confidence and professionalism in dealings with business personnel.
Effective communication skills, as the candidate must routinely collaborate and partner with Compliance colleagues in other  jurisdictions, as well as in other asset classes, to resolve or address regulatory and/or compliance concerns.
A Juris Doctor degree from an accredited institution.

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