AVP, Compliance Control Room

Wedbush Securities is one of the largest securities firms and investment banks in the nation, providing innovative financial solutions through Private Client Services, Capital Markets, and Clearing & Execution divisions. Headquartered in Los Angeles, California, with over 100 offices and more than 80 correspondent offices, we are committed to relentless, customized service.

About the role

This hybrid role, based in New York City, oversees controls designed to mitigate conflicts of interest, protect confidential information, and preserve the integrity of the firm’s information barriers.

Responsibilities

• Analyze data and derive insights and risk indicators with the help of business intelligence tools
• Assist in implementing information barrier policies and procedures by maintaining the watch and restricted lists, 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, and Investment Banking personnel regarding specific firm transactions and compliance-related issues
• Participate in the drafting of compliance-related policies and procedures, making recommendations to develop or enhance business unit procedures as they relate to Compliance Control Room (CCR)
• Act as the gatekeeper and chaperone with respect to permitted conversations between restricted groups of employees and potential 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 compliance metrics relevant to CCR functions; performing and/or overseeing information for compliance reporting to management
• Develop, coordinate, and deliver initial and ongoing training for employees on compliance requirements of designated laws, regulations, and policies
• Analyze and report relevant risk indicators and assist in identifying and remediating emerging compliance risks
• Manage multiple, deadline-oriented tasks in a fast-paced environment
• Respond to regulatory inquiries, interact with regulatory examiners and internal auditors, and provide advice and guidance to business partners
• Perform other duties as required and assigned

Requirements

• Bachelor's Degree from an accredited university
• Minimum 5 years of experience at a registered broker-dealer, investment manager, or US bank
• Solid understanding of the nature of protection of information, in particular 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 trading by employees

Skills

• Highly organized with the ability to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• High levels of ethics, integrity, and judgment
• Excellent communication and presentation skills with the ability to communicate effectively across various departments and levels of the organization
• Extremely detail-oriented, strong analytical, problem-solving, and critical-thinking skills
• Self-starter able to work independently with minimal supervision as well as within a fast-paced team environment

Benefits

Wedbush Securities aims to foster a culture of inclusion where all colleagues are valued for their unique contributions and provided equal opportunities to succeed.

Pay

A reasonable estimate of the current compensation range for this role is $48.00/hr to $57.00/hr. Colleagues may be eligible for additional, discretionary incentive compensation based on individual and firm performance. Decisions regarding compensation are determined on a case-by-case basis and depend on various factors including location, skill sets, experience, training, licensure, certifications, and business needs.