Business Line Compliance Officer

Performance Trust; Chicago (IL); Hybrid; USD 130,000 - 170,000; Full time

Benefits offered by this job

Medical, Dental & Vision Insurance

Vacation/Personal Days + Holidays

Voluntary Life Insurance + Long-Term Disability Insurance

Job summary

Performance Trust is seeking a Business Line Compliance Officer in Chicago, IL, to provide compliance advisory support for their Investment Banking and Capital Markets. This role requires a Bachelor's degree and over seven years of compliance experience in a broker-dealer or similar organization. Successful candidates must have strong fixed-income product knowledge and maintain active FINRA licenses. The company offers an estimated salary of $130,000-$170,000 with additional bonus potential, and benefits like health insurance and employee stock ownership plans.

Qualifications

• 7+ years experience in compliance/legal at a broker dealer or similar financial institution.
• Fixed Income institutional investor products exposure.
• Active FINRA Series 7 or 79 licenses required.

Responsibilities

• Provide daily front-line compliance advisory support for Investment Banking and Capital Markets.
• Advise on firm policies, securities laws, and regulations.
• Develop policies to align with regulatory requirements for Capital Markets activity.

Skills

Strong analytical and critical thinking skills

Excellent written and verbal communication skills

Understanding of the current regulatory environment

Ability to work collaboratively and independently

Detail-oriented with multitasking ability

Education

Bachelor’s Degree

Tools

Microsoft applications (Teams, SharePoint, PowerPoint, Excel, Word)

Job description

Business Line Compliance Officer

About Us

Headquartered in Chicago, Performance Trust Capital Partners, LLC is an institutional fixed income broker/dealer, specializing in highly analytical, performance driven strategies. Our core clients include community and middle-market banks, credit unions, and insurance companies. Our unique and customized approach to strategic advisory, mergers and acquisitions, and balance sheet solutions provides financial institutions the confidence to manage the full lifecycle of their institution, earn their independence, and expand strategic alternatives through enhanced financial performance and good regulatory standing.

About the Position

We are expanding our Business Line ("BL") Compliance team and adding advisory support for our Investment Banking and Capital Markets businesses. The BL Compliance team provides regulatory guidance and support to the firm’s client-facing businesses.

We are seeking candidates with first-line advisory experience, an in-depth understanding of financial markets, and significant securities product knowledge. Successful candidates will demonstrate strong analytical and critical thinking skills and the ability to work independently. This is an opportunity to work directly with the firm’s client-facing business lines, senior advisory compliance team members, and senior management.

This role is open to remote candidates residing in the following states: AZ, CA, CT, FL, GA, HI, IL, IN, MA, MD, MI, MN, MO, MS, NC, ND, NJ, NV, NY, OH, PA, PR, SC, SD, TN, TX, UT, VA, WA, WI.

Responsibilities

• Provide daily front-line compliance advisory support to the Firm’s Investment Banking and Capital Markets businesses.
• Advise on firm policies and procedures and applicable securities laws and regulations for covered business lines (and provide back-up support for others).
• Develop policies and controls to align, supervise, and monitor Capital Markets and Investment Banking activity with regulatory requirements and industry best practices.
• Oversee implementation and daily execution of sales-practice components of the Firm’s compliance program across Equities and Fixed Income for private-side activities.
• Lead and/or participate as the private-side SME for projects to build processes and controls to comply with transactional rules and regulations, including remediations.
• Support the Compliance Marketing Officer with marketing reviews and advise on LinkedIn posts, investor presentations, deal materials, and client education content for supported business lines.
• Partner with business management and other departments to support existing processes and develop new processes that address business risk and regulatory requirements.
• Support the development, implementation, maintenance, and enhancement of programs that provide compliance risk management and supervisory oversight for private-side business lines.
• Develop supervisory tools related to business activity; assist with monitoring and tracking supervisory oversight; and update BL checklists, responsibilities, and reviews as needed.
• Partner with the Control Room to ensure transparency and visibility into Private Side activities. This alignment will strengthen oversight and support the effective management of Private Side obligations across the organization.

Requirements

Role Requirements

• Understanding of the current regulatory environment, financial markets, and securities regulations.
• Strong fixed-income product knowledge (corporates, agencies, securitized products, municipals, treasuries, and private placements).
• Knowledge of debt capital markets and M&A.
• Excellent written and verbal communication skills.
• Strong analytical and critical thinking skills with sound judgment.
• Experience supporting client-facing business lines and partnering with other infrastructure functions.
• Detail-oriented with the ability to multitask, organize, and prioritize.
• Ability to work both collaboratively and independently with limited supervision.
• Comfortable working in a high-pressure and fast-paced environment.
• Willingness to take on challenging issues and engage effectively with colleagues at all levels.
• Consistently deliver high-quality results in a timely manner.

Required Qualifications

• Bachelor’s Degree
• 7+ years experience in compliance/legal at a broker dealer or similar financial institution
• Fixed Income institutional investor products exposure
• Experience with 1st line advisory of Investment Banking and Capital Markets activities
• Experience with Private Placement offerings and related regulations
• Experience with interpreting regulatory rules, developing controls to ensure compliance & writing related policy
• License Requirement(s): Active FINRA Series 7 or 79 licenses; Active Series 24 License (or ability to obtain S24 within 120 days of start date)
• Proficiency with Microsoft applications (Teams, SharePoint, PowerPoint, Excel, Word, etc.)
• Candidates must be eligible to work permanently in the United States without sponsorship.

Preferred Qualifications

• Marketing review experience at an institutional broker-dealer
• Equities exposure, including Equity Capital Markets, a plus
• Experience supporting a business/products with an institutional investor focus
• Previous experience with interpreting SEC, FINRA, MSRB, NFA rules & writing WSPs
• Experience using industry applications (Global Relay, MCO, Doctract, LexisNexis, Bloomberg, etc.)
• Willingness to periodically travel to an office or firm event, as needed, for collaboration with department as well as supported business lines.

Featured Benefits

Health Coverage

• Medical, Dental & Vision Insurance (administered through a national carrier such as Blue Cross Blue Shields)
• Prescription Drug Plans
• Pre-Tax Flexible Spending Account (Health and Dependent Care) (FSA)
• Health Savings Account (HSA)
• Vacation/Personal Days + Holidays
• PT Retirement
• Mission-Driven Employee Stock Ownership Plan
• Voluntary Life Insurance + Long-Term Disability Insurance

Wellness & Everyday Support

• Discounted Fitness Memberships (Free membership for Chicago office)
• Pre-Tax Commuter Benefits – Transit & Parking
• Mental Health support through company provided Employee Assistance Program
• Employee recognition programs (PT Rewards and Annual Awards)

Compensation

The base salary range for this position is $130,000-$170,000. This is an estimated range based on the circumstances at the time of posting, however, may change based on a combination of factors, including but not limited to skills, experience, education, market factors, geographical location, budget, and demand. This position is also eligible for a bonus component that would be dependent on pre-defined performance factors. All compensation determinations are based on the skills and experience required for the position and commensurate with experience of selected individuals, which may vary above and below the stated amounts.