Position Summary:
- A top investment bank in NYC is actively seeking an AVP/Associate to join our dynamic Compliance team.
- This full-time position encompasses a wide range of responsibilities across multiple areas of focus, including employee compliance, control room, IT compliance, and compliance advisory.
- The ideal candidate will closely collaborate with various departments, including business operations, legal, and management, and report directly to the Head of Investment Banking Compliance.
Essential Job Functions and Responsibilities:
Employee Compliance
- Monitor and evaluate employee compliance with the Firm's policies and procedures, particularly regarding personal trading, account disclosure, and outside activities.
- Review and respond to employee personal trade and brokerage account requests.
- Conduct investigations into potential compliance violations, document findings, and recommend corrective actions as necessary.
Control Room
- Maintain, update, and monitor the Firm's Watch List and Information Barriers.
- Provide guidance on managing the Watch List and the timely reporting of material non-public information.
- Conduct periodic reviews to ensure the effectiveness of information barriers and internal control processes.
- Investigate potential breaches and recommend corrective actions as necessary.
Compliance Advisory
- Evaluate and address compliance concerns related to broker-dealer and IB-specific policies and regulations.
- Stay updated on regulatory shifts, ensuring continuous upkeep of policies, procedures, and training materials.
- Establish and refine compliance testing and surveillance protocols.
- Develop effective control mechanisms, including policy creation and related training.
Skills and Qualifications:
Basic Qualifications
- Bachelor's Degree.
- 3-5 years' experience in a compliance role within the financial services industry, including exposure to broker-dealer and investment banking operations.
- Understanding of laws, rules, regulatory requirements, and risks impacting broker-dealers and IB.
Preferred Skills
- Familiarity with Control Room operations, Watch/Restricted List management, employee compliance, personal trading, and IT compliance.
- Strong technical skills, including proficiency in Microsoft Suite (Excel, PPT, Word) and tools like Varonis for data access and usage monitoring.
- Excellent organizational, documentation, and communication skills.
- Ability to merge multiple datasets, synthesize and prepare summarized reports.
- General knowledge of file sharing tools and APIs used in the financial services industry.
Personal Attributes
- Demonstrated ability to independently identify and resolve issues.
- Strong interpersonal skills, capable of engaging with staff and management at all levels.
- Agile in problem-solving, adept at untangling complexities.
- Exceptional written and verbal communication skills.
- Comfortable working autonomously and in a collaborative team setting.
- Proactive, critical thinker with a hands-on, positive attitude.
- Willingness to travel domestically.