Job Title: Operations Regulatory Due Diligence Analyst
Duration: 6 months
Location: Salt Lake City, UT, 84101

Summary:

• Regulatory Due Diligence is required to conduct regulatory adherence checks for counterparties trading with the client to ensure all parties meet its compliance obligations and other regulatory requirements.
• Regulatory Due Diligence supports both new client onboardings as well as managing existing client maintenance/data quality.
• The team coordinates with Legal, Compliance, Engineering, and other Client Onboarding teams to assist in the rollout of any new regulations or any updates/changes to existing regulations.
• The Regulatory Due Diligence team is a key part of the Client Onboarding.
• Regulatory Due Diligence is a global team with members sitting in Bengaluru, Warsaw and Salt Lake City.
• The Salt Lake City team focuses on multiple regulations: Dodd-Frank regulations set out by the Commodity Futures Trading Commission (CFTC), SEC (Securities & Exchange Commission) regulations including as SEC SBS & the Municipal Adviser Rule, Americas regulations including Qualified Financial Contracts (QFC) and Ownership and Control Reporting (OCR), and regulations set out by European regulators such as the European Market Infrastructure Regulation (EMIR) and Bank Recovery and Resolution Directive (BRRD).

Job Duties:

• Our Salt Lake City Regulatory Due Diligence team is seeking an energetic and detail-oriented professional who is looking to work with a wide variety of individuals from the Institutional Sales, Compliance and Operations divisions to facilitate an excellent client onboarding experience and mitigate risks associated with the capture and documentation of related transactions.
• As a member of the Client Onboarding organization, the individual will specialize in the review of documentation related to global financial regulatory obligations and the approval of new relationships for the global Institutional Franchise and Clearing businesses.
• The individual will work directly with our internal partners, clients, and sales in a fast-paced environment with precision and accuracy.
• In addition, the individual will lead and motivate team members, work cross-functionally for process and procedure solutions, and to manage escalations.
• This individual will also be involved in driving forward innovative solutions and collaborating with Technology.
• The ability to prioritize, meet deadlines and communicate to all levels of the organization, including Sales, Legal and Compliance is critical.

Position Description:

• The Regulatory Due Diligence team supports onboarding new clients and maintenance and data quality management of existing clients within the Global Banking & Markets Division.
• The team manages key relationships for the firm and assists in the coordination of regulatory compliance checks.
• The Regulatory Due Diligence team is a key part of the Client Onboarding team within Global Banking & Markets Operations.
• The team is required to conduct regulatory adherence checks for client to meet its compliance obligations and other regulatory requirements.
• The Warsaw team covers the Franchise and Clearing businesses overseeing operations primarily for prime brokerage, futures, and derivatives services.
• Having a working knowledge of the operational flow of a wide variety of products is an asset.
• The team also works closely with Technology to design new system enhancements to improve efficiencies and controls, and with Compliance to define and implement firm policies and controls.

Must Haves:

• Bachelors degree required.

 

About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
 
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.

Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation.
 
California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting NAHR@spectraforce.com.
 
LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer. 


At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $23.00/hr.