A leading financial institution based in the Chicago loop is growing its Swaps Audit team and hiring a Senior Auditor to join the group! This individual will have a strong understanding of products, services, and regulations across the swaps/derivatives industry.

This is a highly visible role and the Senior Auditor will work closely with internal senior leadership as well as working with professionals leading the swap dealer program. This individual will also be looked to as a subject matter expert for recommending/developing further efficiencies within the program.

Things to get excited about:

• Annual reviews and bonuses
• Ability to move to other teams or get promotions after one year in a position
• Full dental, vision, life, disability insurance
• 401k contributions on day 1. Match on day 90.
• Pension Plan contribution
• Alternate work options (work from home a couple of days a week after 90 days)
• 20 PTO days, and all banking holidays
• Family programs: including adoption assistance, Maternity leave, paternity leave, Lactation program, child development center on-site, School visitation time
• Tuition Reimbursement
• Onsite gym and gym discounts across the city
• Legal assistance, counseling, and other professional services

Major Duties

• Conducts and documents audits of the governance structure and internal controls over the risk management and compliance frameworks such as risk identification, operational risks, risk measures, and relevant regulatory reporting, and testing key controls within these processes, specifically reliability and quality of data sources, data reconciliations, and aggregation.
• Leads and participates in audit reviews and projects.
• Develops and demonstrates an understanding of the business risks, controls, and processes, along with an understanding of relevant laws, regulatory rules, and knowledge of the impact of systems within areas reviewed.
• Performs work that adheres to all Corporate Policies and Standards (e.g., creates electronic work papers to evidence scope of examination and accuracy of findings), professional auditing standards, and regulatory requirements.
• Applies analytical skills, discussions with the Business and Audit Partners, and risk assessments to properly identify key risks and controls, audit scope, and testing approach within an audit or other project.
• Accurately designs and executes the testing approach and ensures that work paper documentation is clear, concise, support the reviews performed, and explains decisions made during the project.
• Communicates with management, including leading efforts to discuss the business/risk environment and issues/risks raised during the audit review, along with providing periodic updates on the status of the project.
• Develops subject-area expertise to assist in providing comprehensive, in-depth consulting, training, coaching, and leadership to the team and wider audit department.

Requirements:

• Regulatory compliance experience working for an FCM, Swap-Dealer, regulator, futures exchange, or similar organization required
• 3+ years of compliance or regulatory experience required
• Futures and options experience required, including strong knowledge of CFTC and NFA rules
• Bachelor’s degree required; JD or MBA is a plus