Compliance Counsel - Swaps

We are currently seeking a Finance Attorney with expertise in swaps compliance including direct market access and alternative trading systems to supoport a large UK bank's US operations. Ideal candidates will have 8+ years practicing law with deep understanding of CFTC and SEF regulations. 

Responsibilities:

• Ensure compliance with CFTC-specific mandates and regulations, particularly within Swap Execution Facilities (SEFs) and Alternative Trading Systems (ATS).
• Educate business units on 15C3-5 (Direct Market Access) requirements, and develop comprehensive policies and procedures to maintain compliance.
• Collaborate closely with auditors to verify adherence to relevant legal and regulatory standards.
• Assist with venues management projects related to swap execution facilities by identifying gaps in policies, procedures, and controls, and devising and implementing compliant protocols and processes.

Qualifications: 

• JD with active bar admission.
• Extensive experience in swap-dealer compliance, particularly with venues and alternative trading systems.
• In-depth expertise in CFTC and SEF regulations, with a strong understanding of 15C3-5 (Direct Market Access).
• Proven ability to work collaboratively with legal and compliance teams, and effectively communicate complex regulations to business units.
• Experience with NFA rules and compliance, as well as familiarity with 17a-3 and 17a-4 regulations, although the latter is not required.

 Compensation, Benefits & Location:

This role offers a range of competitive compensation starting at $175,000 and a highly competitive benefits package in the alternative legal services marketplace that includes health benefits, 401K and more.  Axiomites also get access to professional development resources and learning and development programs. Axiomites predominately work remotely, with the exception that some clients require on-site presence.

Axiom is the global leader in high-caliber, on-demand legal talent. Covering North America, the UK, Europe, and APAC, we enable legal departments to drive efficiency and growth and meet the demands of today’s business landscape with best in breed alterative legal services.

Axiom is a leader in diversity, inclusion, and social engagement. Diversity is core to our values and we are proud to be an equal opportunity employer. We are proud to be named a best place to work for LGBTQ+ Equality, earning top marks in the 2021 Corporate Equality Index for the second consecutive year. Axiom’s legal department is Mansfield certified and is committed to considering at least 50% diverse candidates for leadership roles and outside counsel representation.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Learn more about working at Axiom.

Equal Opportunity Employer: Axiom ensures equal employment opportunity in recruitment and employment, without discrimination or harassment on the basis of race, color, nationality, national or ethnic origin, religious creed or belief, political opinion, sex, gender reassignment, pregnancy or maternity, age, disability, alienage or citizenship status, marital (or civil or other partnership recognized by law) status, genetic predisposition or carrier status, sexual orientation, military service, or any other characteristic protected by applicable law. Axiom prohibits and will not tolerate any such discrimination or harassment.

Accommodation for Individuals with Disabilities: Upon request and consistent with applicable laws, Axiom will provide reasonable accommodations for individuals with disabilities who require an accommodation to participate in each stage of the recruitment process. To request an accommodation to complete the application form, please contact us at benefits@axiomlaw.com and include “Applicant Accommodation” in the subject line. 

Axiom respects your privacy. For an explanation of the kind of information we collect about you and how it is used, our full privacy notice is available at https://www.axiomlaw.com/privacy-notice. 

Employment with Axiom may be contingent upon successful completion of a background check, providing proof of identity, and possessing the necessary legal authorization to work.

By submitting an application, you acknowledge that all information contained therein, and provided at any part of the application process, is correct and accurate to the best of your knowledge.