What are the responsibilities and job description for the Compliance Monitoring and Testing Associate position at Guggenheim Partners?
Job Description:
Position Summary
Guggenheim Securities (“GS”) is seeking to hire a Monitoring and Testing Associate to join its Compliance team. The primary objective of this role is to assess business activities and support functions for compliance with applicable laws, regulations and internal policies and procedures.
Essential Job Functions
- Assist with the development, implementation, execution and reporting of the Firm’s compliance monitoring and testing program to support risk mitigation efforts and adherence to regulatory requirements and internal policies and procedures
- Work with compliance partners to complete risk assessments, conduct targeted reviews of business activities and perform inspections of branch offices
- Assess the design of controls and test their effectiveness
- Prepare reports that identify issues and work with issue owners to identify solutions and ensure remediation
- Assist with surveillance enhancements and work on strategic surveillance projects; review, analyze and investigate issues within the surveillance platform
Preferred Qualifications
- Knowledge of laws, rules, regulatory requirements, and risks impacting broker-dealers, particularly those applicable to investment banking, equity and fixed income sales and trading, and research
- Experience in executing compliance testing and drafting reports
- Experience with risk assessments and surveillance systems
- Data organization and analysis proficiency, including the ability to develop relevant metrics based on data sets
- Excellent verbal and written communication skills
- Highly organized, strong attention to detail
- Be comfortable working both independently and in a team environment
- Be a critical thinker, proactive, and creative
- Be a quick learner and self-starter, with the ability to manage multiple tasks simultaneously with minimal supervision
- Have a positive, hands-on, “can-do” attitude
- Data analytics education and or experience is a plus
Basic Qualifications
- Bachelor's / University degree
- 3 - 6 years relevant experience with a regulator, broker-dealer or other financial services institution
- PowerPoint/Excel skills
Work Location
- Currently, this role is expected to be in the New York office at least 4 days per week
Salary
- Annual base salary between $90,000 and $100,000.
- The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us:
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.
Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.
Salary : $90,000 - $100,000
