What are the responsibilities and job description for the Compliance Officer position at Mesirow?
The Opportunity:
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, Mesirow serves clients through capabilities spanning Global Investment Management, Capital Markets and Investment Banking, and Advisory Services. We are proud that our intentional culture results in strong employee engagement, entrepreneurship and empowerment, with ongoing opportunities for volunteerism and advancement. Mesirow has been named one of the Best Places to Work in Chicago by Crain’s Chicago Business multiple times and is one of Barron’s Top 100 RIA firms. At Mesirow, we invest in what matters: our clients, our communities, and our culture.
Responsibilities:
- Oversee the broker-dealer compliance program functions including implementation of written supervisory procedures, transaction monitoring, AML compliance, training and annual testing
- Review and perform conflict checks on employee certifications, personal account disclosure and pre-clearance forms, reported outside business activities and private investments
- Review political contribution requests, sponsorship requests, bond ballot contributions, and quarterly MSRB G-37 filing
- Onboard new employees
- Support institutional fixed income trading platform
- Support AML reviews / KYC processes on customers
- Review marketing material for compliance with FINRA/SEC regulations and firm policies and procedures
- Assist with needs analysis & delivery of Firm Element CE & Annual Compliance Meeting
- Manage regulatory interactions, prepare submissions and coordinate responses to inquiries from regulatory authorities
- Assist with regulatory issues relating to offerings in municipal bonds and structured debt
- Monitor compliance issues and changes in regulations, reporting their impact on the organization to stakeholders
- Assist with registrations and lead the following: coordination of broker-dealer audits, inspections, reviews, and examinations; monitor complaints; conduct surveillance and transaction monitoring and reporting
- Handle additional projects as needed in a rapidly changing regulatory environment
Requirements:
- Series 7 and 24 will be required.
- Minimum 5 years of experience working in a senior compliance role.
- Strong understanding of regulatory and self-regulatory agencies rules and regulations (specifically FINRA and SEC) with best practices in compliance management
- Must have experience in Supervision of Fixed Income; knowledge of relevant regulations as they apply to order routing, execution services, and electronic reporting
- Ability to read and interpret regulations, and implement changes, particularly as it relates to broker-dealer compliance
- Strong project management, organizational and communication skills with the ability to work independently, handle multiple projects and present clear recommendations to business stakeholders
- Knowledge of non-U.S regulatory regimes is desired
- Experience in building a good corporate culture and leading by example.
In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $100,000 and $140,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a performance based bonus and the Mesirow benefit program.
EOE
Salary : $100,000 - $140,000
