The Compliance Associate will work with the Investment Compliance team within the Legal and Compliance Department, responsible for working to facilitate their compliance program, particularly the Trade Surveillance team.
The Trade Surveillance team monitors firm-wide trading across all traded products globally for adherence to trade allocation, cross trades, same day trades, market manipulation and conflicts of interest policies and regulations. The candidate will be responsible for the review, research and escalation of day-to-day exception reports and conducting forensic reviews of specific trading activities.
The candidate will work closely with teams and individuals in the Legal & Compliance Department and across all functional areas within the firm, as well as with non-U.S. offices. The candidate may be expected to interact with employees across functions and at all levels of seniority, dealing with issues in a fast paced environment.
Keys to success in this role include the ability to handle multiple tasks simultaneously, maintain strong organizational skills, demonstrate productivity, provide accurate and direct practical advice in a timely fashion, and possess strong communication skills (both written and verbal).
The ideal candidate will have good understanding of fixed income securities and buy-side or sell-side experience, preferably in a position related to trading, compliance, operations or a regulatory body with oversight of buy-side or sell-side firms.
- – Conduct monitoring of trade surveillance reports and indicators for the firm’s trading
- – Perform research and review of report indicators
- – Identify areas of report enhancements and automation
- – Keep abreast of new internal trading systems and products to develop and implement effective surveillance oversight
- – Stay informed of global regulatory and market structure changes that may affect the scope of existing surveillance program
- – Liaise with the Technology, Legal, Analytics, Portfolio Risk and other trade floor partners to evolve the surveillance program.
- – Experience in a compliance or portfolio risk management role
- – An undergraduate degree with a preferred major in business/finance
- – Solid knowledge of fixed income, equity and derivative products
- – Strong data analysis skills
- – Possess strong communication skills, both written and verbal
- – Strong working knowledge with MS Excel and Macros/Visual Basic
- – Be self-directed, with the ability to proactively identify and analyze problems
- – Have good organization skills with the ability to work towards and meet deadlines
- – Ability to develop relationships across various global stakeholders within and outside of Legal and Compliance.
- – Minimum of 2 years’ experience