AVP, Compliance Control Room

Wedbush; New York (NY); Hybrid; USD 66,000 - 79,000; Full time

Job summary

Wedbush Securities seeks an AVP, Compliance Control Room in a hybrid New York City role. You will oversee controls to mitigate conflicts of interest, protect confidential information, and maintain information barriers.

Responsibilities include monitoring communications, testing compliance, and drafting policies for CCR. Candidate must have a Bachelor's degree and 5+ years in a broker-dealer or US bank, with strong regulatory knowledge and Excel-level proficiency.

Qualifications

• Bachelor's degree from an accredited university required.
• Minimum 5 years experience at a registered broker-dealer, investment manager, or US bank.
• Strong understanding of the protection of information and handling confidential data.
• Understanding of FINRA, SEC and other regulatory requirements.
• Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint).
• Ability to manage controls to prevent and detect insider trading by employees.

Responsibilities

• Analyze data and derive insights and risk indicators with BI tools.
• Assist in implementing information barrier policies and procedures by maintaining watch/restricted lists and deal lists and handling conflicts clearance.
• Monitor employee personal trading and electronic communications and perform periodic compliance testing/surveillance.
• Monitor employee gift & entertainment, political contributions, and outside business activities.
• Communicate with Sales, Trading, Research, Investment Banking regarding transactions and compliance issues.
• Draft compliance policies and procedures and recommend enhancements for CCR.
• Act as gatekeeper and chaperone for conversations between restricted groups of employees and potential compliance issues.
• Respond to compliance questions from management and staff.
• Keep CCR current on regulatory changes and develop monitoring metrics for CCR.
• Coordinate and deliver training on applicable laws and policies.
• Analyze risk indicators and assist in identifying/remediating emerging risks.
• Manage multiple deadlines in a fast-paced environment.
• Respond to regulatory inquiries and interact with examiners and auditors.

Skills

Analytical thinking

Communication skills

Regulatory knowledge

Ethics integrity

Attention to detail

Multi-tasking

Independent worker

Education

Bachelor's Degree

Tools

Microsoft Office

Job description

Wedbush Securities is one of the largest securities firms andinvestment banks in the nation. We provide innovative financialsolutions through our Private Client Services, Capital Markets, andClearing & Execution divisions. Headquartered in Los Angeles,California, with over 100 offices and more than 80 correspondentoffices, our commitment to providing relentless, customized serviceis the foundation of our consistent growth.

We are currently seeking an AVP, Compliance Control Room, who willoversee controls designed to mitigate conflicts of interest, protectconfidential information, and preserve the integrity of the firm’sinformation barriers. This is a hybrid role thatcan be based in NewYork City.

Responsibilities include, but are not limited to:

• Analyze data and derive insights and risk indicators with the helpof business intelligence tools
• Assist in implementing information barrier policies and proceduresby maintaining the watch and restricted lists, deal lists andhandling conflicts clearance
• Monitor employee personal trading and electronic communicationsand perform periodic compliance testing/surveillance
• Monitor employee gift & entertainment, politicalcontributions, and outside business activities
• Communicate with Sales, Trading, Research, Investment Bankingpersonnel regarding specific firm transactions and compliancerelated issues
• Participate in the drafting of compliance related policies andprocedures, making recommendations to develop or enhance businessunit procedures as they relate to Compliance Control Room (CCR)
• Act as the gatekeeper and chaperone with respect to permittedconversations between the restricted groups of employees andpotential compliance issues arising out of monitored interactions
• Respond to compliance related questions from management and staff
• Assist in keeping the CCR current on relevant regulatory changes
• Develop and implement compliance related monitoring and compliancemetrics relevant to CCR functions; performing and/or overseeinginformation for compliance reporting to management
• Develop, coordinate and deliver initial and ongoing training foretovocompilesrequirements of designated laws,regulations, and policies
• Analyze and report of relevant risk indicators and assist inidentifying and remediating emerging compliance risks
• Manage multiple, deadline-oriented tasks in a fast-paced environment
• Respond to regulatory inquiries, interacting with regulatoryexaminers and internal auditors, and provide advice and guidance tobusiness partners
• Perform other duties as required and assigned

Experience and Skills

• Bachelor's Degree from an accredited university required
• Minimum 5 years experience at a registered broker-dealer,investment manager, or US bank
• Solid understanding of the nature of protection of information, inparticular managing confidential and material non-public information
• Understanding of FINRA, SEC and other regulatory requirements
• Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)
• Ability to manage controls to prevent and detect insider tradingby employees
• Highly organized with the ability to multi-task and managemultiple projects and competing priorities without sacrificingaccuracy or efficiency
• High levels of ethics, integrity and judgment
• Excellent communication and presentation skills with the abilityto communicate effectively across various departments and levels ofthe organization
• Extremely detail-oriented, strong analytical, problem-solving andcritical-thinking skills
• Self-starter able to work independently with minimal supervisionas well as within a fast-paced team environment

What We Offer

Wedbush Securities (WS) aims to foster a culture of inclusion whereall Colleagues are valued for their unique contributions to the firmprovided equal opportunities to succeed.

The reasonable estimate of the compensation range for this role hasnot been adjusted for the applicable geographic location. Areasonable estimate of the current range is $48.00/hr to $57.00/hr.Colleagues may be eligible for additional, discretionary incentivecompensation based on the colleague's and the firm's performance.Decisions regarding compensation are determined on a case-by-casebasis and are dependent on a variety of factors including but notlimited to location; skill sets; experience and training; licensureand certifications; and other business and organizational needs.

Wedbush uses E-Verify, an Internet-based system, to confirm theeligibility of all newly hired employees to work in the UnitedStates. Learn more about E-Verify, including your rights andresponsibilities here?? https://www.e-verify.gov/employees/e-verify-overview

This position is subject to various laws or regulations that imposerestrictions or prohibitions for employment with Wedbush due tocriminal history. Those laws or regulations include but are notlimited to, the following: Securities Exchange Act of 1934 (SEA)Rule 17a-3, et. seq., Financial Industry Regulatory Authority(FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA RegulatoryNotice 07-55.