Compliance - Associate/VP - Business Line Control Room Officer

Description

   

Description

Assist the Business Line Compliance team by leading and/or participating in operational compliance project work focused on building out processes and other controls necessary for compliance with relevant transactional rules and regulations required for an institutional Fixed Income and OTC Equity market making businesses. 

Support the Client Facing Business Lines by developing and maintaining compliance policies including desktop procedures, compliance manual sections, and written supervisory procedures. Provide Firm Compliance policy guidance and create/provide policy and education to the business with respect to Investment Banking and Capital Markets products/transactions.

Perform transactional surveillance and reviews on Firm controls and supervisory processes e.g. trade reporting, watchlist/restricted list maintenance, etc. 

Collaborate with the CCO and Deputy CCO of Business Line Compliance, legal, and business management to execute a Control Room function. This function will be responsible for maintaining information barriers (i.e. wall crossing process) between public and private side employees as well as between deal teams.    

Act in a gatekeeping capacity to all client facing business lines with regard to information barriers, supporting real time inquiries, deal opportunities, MNPI and CI scenarios, etc. Escalate, as needed, any nonroutine informational barrier scenarios to the appropriate legal and compliance advisory resources.  

Conduct reviews of private side, deal/advisory related, and new issue transactions for potential conflicts of interest and maintain the Conflicts monitoring system.  

Requirements

  

Requirements

Own and manage the control room vendor software and deal management/conflicts platform, acting as the internal expert for the workflow and system.   

Coordinate with Core Compliance as necessary to review BL related conflicts. Assist with any information barriers regulatory inquiries and investigations, as necessary.   

Remain aware and aligned with regulations, industry standards, and best practices in regards to control room functions on a go forward basis.   

Monitor & track supervisory oversight and help Deputy BLC build and amend as necessary all relevant BL checklists, responsibilities, and reviews.            

5+ yrs of applicable experience/or strong understanding of equities/fixed income securities and institutional clients 

Possess a general understanding of the current regulatory environment and financial markets and/or securities regulation and rules

Excellent communication (verbal and written)   

Possess strong analytical aptitude and problem-solving skills; operational compliance experience strongly preferred.   

Detail-oriented with ability to multitask, organize and prioritize