Group Overview
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
Role Overview
This role is part of the SEF Compliance team and is responsible for supporting the firm's regulatory oversight, market surveillance, and compliance monitoring activities across Swap Execution Facility (SEF) platforms. The position plays a key role in ensuring compliance with CFTC and SEC regulatory requirements through real-time monitoring of trading activity, review of electronic communications, oversight of regulatory reporting obligations, and management of trade surveillance inquiries.
The successful candidate will work closely with internal stakeholders and external regulatory bodies, including the National Futures Association (NFA), to investigate potential market irregularities, support regulatory examinations, and ensure the effectiveness of controls, processes, and procedures governing SEF operations.
The role also contributes to management reporting, industry benchmarking, and ongoing regulatory compliance initiatives, requiring strong analytical, communication, and organizational skills within a collaborative, team-oriented environment.
Role Responsibilities:
Respond to regulatory inquiries from CFTC and SEC;
Conduct real time market monitoring of trading activity on all SEF platforms;
Monitor electronic communications that are flagged as per a predefined lexicon and review/escalate any potential irregularities;
Ensure all regulatory trade reporting is accurate;
Work with relevant teams to ensure processes and procedures supporting SEF activity is conducted in accordance with relevant regulations;
Responsible for compiling weekly report of industry comparisons across all asset classes for SEF Management;
Coordinate with SEF’s regulatory service provider, NFA, regarding trade surveillance exceptions and resulting inquiries/investigations; and
Other duties as may be assigned.
Experience / Competences:
Essential
Able to work in a dedicated, team-oriented setting;
Prior compliance experience in the financial services industry, preferably with a broker-dealer or swap dealer;
Possess excellent written and verbal communication skills.
Desired
Bachelor's Degree or equivalent combination of education and/or experience;
Prior experience with a self-regulatory organization such as NFA/FINRA;
Advanced knowledge of Microsoft Excel including Pivot tables
Level 6
$125,000-$150,000
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
USA - 200 Vesey Street - New York, NYICAP New York, New York, USA Office
Harborside Financial Center, 1100 Plaza Five, New York, NY, United States, 07311
ICAP New York, New York, USA Office
New York, United States
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