Nodal Exchange, the largest power futures exchange in North America, is a derivatives exchange providing price, credit and liquidity risk management to participants. Nodal Exchange is a leader in innovation, having introduced the world’s largest sets of environmental and electric power futures and options contracts. All transactions on Nodal Exchange are cleared through its wholly owned subsidiary, Nodal Clear, using its award-winning portfolio-margining methodology. As leaders in innovation, Nodal Exchange has built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Börse Group.
Nodal believes in helping our compliance team thrive by balancing their work and home lives well. We are proud of the culture we have created. As such, we value teamwork, honesty, humor, forward thinking and open communication. We see the importance of your perspective and your ability to create value to the company through diligent compliance. We want you to fit in with our supportive environment and to appreciate, as we do, that by bringing together our varied perspectives, and respectfully challenging each other, we can develop the best compliance solutions.Nodal seeks talented and motivated applicants for the following hybrid role in Tyson’s Corner, VA (DC Metro area):
Compliance Manager
The Compliance Manager, reporting to the Nodal Exchange Managing Director of Compliance, will play an important role in overseeing all compliance activities of the Exchange. The Compliance Manager, along with Compliance Analysts, will monitor the activities performed on Nodal Exchange to ensure compliance with Exchange rules. The Compliance Manager will work with the Surveillance, Compliance and Legal Teams on compliance and regulatory matters subject to the Commodity Futures Trading Commission (“CFTC”) jurisdiction.
Position Responsibilities
- Implement programs, policies, and practices to ensure that all business units’ activities comply with regulatory requirements
- Monitor trading activity and identify potential violations of Exchange rules.
- Lead inquiries and investigations to enforce Exchange rules.
- Lead audits to ensure CFTC compliance.
- Assists the Exchange in contact with primary regulator, the CFTC, as well as several foreign regulators and various industry associations such as FIA and NFA.
- Enforce financial and trade practice requirements.
- Ensure issues are identified, fully investigated and promptly escalated in a timely manner.
- Prepare reports and presentations for management.
- Prepare regulatory filings.
- Manage compliance policies and procedures.
Preferred Professional Qualifications
- Bachelor’s degree in Business area (i.e., Finance, Economics, Accounting, etc.).
- A minimum of five - seven years of related experience in compliance or surveillance.
- Experience performing market surveillance to identify and investigate market manipulation, front running, spoofing, wash trading, etc.
- Established knowledge of futures industry rules, regulations and guidelines.
- Experience initiating and completing high quality reviews.
- Excellent written and verbal communication skills required.
- Excellent organizational skills with the ability to handle multiple matters at once and complete them in an organized and timely manner.
- Motivated self-starter and leader with a positive attitude.
- Experience working for an exchange, self-regulatory organization, registered or regulated entity, or trading organization.
- Experience with trading, energy, commodities, securities, derivatives, CFTC, NFA, SEC or FINRA.
- Proven ability to operate in a fast-paced environment addressing complex compliance issues without compromising work quality.
- Attention to detail and a strong sense of ownership and accountability.
- Ability to work independently with little supervision, as well as cooperatively in a team environment.
Salary Range: $130k - $170k per year base salary, when annualized
Pay Transparency Notice: The salary range is based on the D.C. metro area, the successful candidate’s starting salary will vary depending on permissible, non-discriminatory factors including but not limited to qualifications, skills, and experience. Nodal also offers a wide range of benefits and perks for full-time employees, which may include target bonuses.
Nodal Employee Benefits and Perks:
Nodal offers its employees a wide range of benefits designed to support health, well-being, and work-life balance:
https://nodalexchange.pinpointhq.comNodal Exchange, LLC does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, gender identity or expression, pregnancy, parental status, marital status, citizenship, national origin, age, disability, genetic information, military status, veteran status, physical or mental health, hairstyle, or any other characteristic protected by federal, state or local law with respect to recruitment, hiring, training, promotion, or in any other terms and conditions of employment.
Nodal Exchange is an E-verify participant.
