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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 programsCreate and maintain relevant policies and proceduresPerform monitoring and surveillance of business and compliance processes to reasonably ensure adherence to regulatory requirementsAssist in the development and delivery regulatory employee training programsAsset the Swap Dealer Compliance Director with regulatory inquiries and examinationsMaintain knowledge of industry and regulatory updates and assess business impactProvide periodic reports to LOB and Compliance management on industry and regulatory trends, state of the program and the status of key initiativesDevelop 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 programActively promote a solution-oriented environmentMaintain networks with industry working groups that are dedicated to Swap Dealer, Capital Markets and Volcker compliance to benchmark and share best practicesSupport the Compliance Department’s goals of achieving optimum team and individual performance

SUPERVISORY RESPONSIBILITIES: NONE REQUIRED

KNOWLEDGE & SKILLS REQUIRED:

Bachelor’s degree requiredMinimum of 5+ years proven experience in OTC derivatives businesses, specifically FX, Commodities, and Interest RatesMinimum of 3 years of experience with the implementation of Swap Dealer regulationsUnderstanding of commodities laws, regulations and requirements, including industry practices and productsExperience with and knowledge of Volcker Rule requirements and compliance program processes preferredExcellent written and verbal communication skills

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Compliance Officer II- Swap Dealer

Total Base Pay Range 80,500.00 - 169,100.00 USD Annual

LOCATION -- Cincinnati, Ohio 45202

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.