Compliance Officer II- Swap Dealer

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GENERAL FUNCTION: Assist the Compliance Director of the Swap Dealer, Capital Markets and Volcker in the development and implementation of Fifth Third Bank's Swap Dealer, Capital Markets and Volcker compliance programs. This includes non-securities regulations covering interest rate swaps, foreign exchange swaps, other derivatives, commodities, and the Volcker Rule across the Bancorp. This position requires in-depth knowledge of Dodd Frank regulations governing Swap Dealers (Title VII), including Commodity Futures Trading Commission ("CFTC"), National Futures Association ("NFA") and Office of the Comptroller of the Currency ("OCC") requirements as they relate swap dealing and applicable derivatives trading.

DUTIES & RESPONSIBILITIES:

• Assist the Swap Dealer Compliance Director in developing and overseeing the regulatory aspects of the Swap Dealer, Capital Markets and Volcker compliance programs
• Create and maintain relevant policies and procedures
• Perform monitoring and surveillance of business and compliance processes to reasonably ensure adherence to regulatory requirements
• Assist in the development and delivery regulatory employee training programs
• Asset the Swap Dealer Compliance Director with regulatory inquiries and examinations
• Maintain knowledge of industry and regulatory updates and assess business impact
• Provide periodic reports to LOB and Compliance management on industry and regulatory trends, state of the program and the status of key initiatives
• Develop and maintain relationships between Compliance Risk Management, Line of Business leaders, Market Risk Management, Operations and the Legal Department to ensure the implementation of an effective compliance program
• Actively promote a solution-oriented environment
• Maintain networks with industry working groups that are dedicated to Swap Dealer, Capital Markets and Volcker compliance to benchmark and share best practices
• Support the Compliance Department's goals of achieving optimum team and individual performance

SUPERVISORY RESPONSIBILITIES: NONE REQUIRED

KNOWLEDGE & SKILLS REQUIRED:

• Bachelor's degree required
• Minimum of 5+ years proven experience in OTC derivatives businesses, specifically FX, Commodities, and Interest Rates
• Minimum of 3 years of experience with the implementation of Swap Dealer regulations
• Understanding of commodities laws, regulations and requirements, including industry practices and products
• Experience with and knowledge of Volcker Rule requirements and compliance program processes preferred
• Excellent written and verbal communication skills

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Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.