Business Controls Group ("BCG") — Analyst

About the role

The Business Controls Group ("BCG") serves as Guggenheim Securities’ designated first line of defense, providing delegated supervisory oversight of the firm’s Sales & Trading and Equity Research operations. BCG designs, implements, and maintains a comprehensive surveillance framework to detect potential violations of regulatory rules and internal policies and procedures.

Responsibilities

• Assist in executing daily and periodic surveillance reviews across trading activity, electronic communications, employee personal trading, and operational risk using the firm’s surveillance platforms
• Review alerts and trading patterns under supervision to help identify potentially anomalous activity such as market abuse, insider trading, or front-running
• Support senior team members in maintaining surveillance rules, thresholds, and documentation
• Help gather information and support data for investigations into flagged activity
• Document findings clearly and concisely, with guidance from senior team members
• Escalate questions and potential issues promptly to supervisors and learn to apply sound judgment in risk assessment over time
• Prepare ad-hoc reports and assist with quantitative data analysis to support the team and Business Unit stakeholders
• Maintain documentation used for regulatory examinations, internal audits, and management reporting
• Learn to recognize and escalate risk considerations in day-to-day work, with attention to safeguarding clients, the firm’s reputation, and its regulatory footprint
• Support projects related to new and evolving SEC, FINRA, and other regulatory requirements
• Stay informed on regulatory developments, enforcement trends, and industry best practices
• Participate in regulatory examinations, internal audits, and special projects as directed by management, Compliance, or Legal
• Contribute to cross-functional initiatives to help strengthen the firm’s control framework
• Perform additional responsibilities as assigned

Requirements

• Bachelor’s degree in Finance, Business, Economics, Accounting, or a related field
• 1-3 years of experience; internship or coursework exposure to financial services, compliance, controls, audit, or capital markets is a plus
• Willingness and ability to obtain FINRA registrations 7, 57, 63, and 24 (Series 4 required or must be obtained within a defined period)
• Foundational understanding of equity, fixed income, and/or derivatives markets
• Familiarity with — or strong interest in learning — SEC and FINRA rules governing broker-dealer activity
• Strong attention to detail and a demonstrated ability to work carefully with data
• Strong written and verbal communication skills
• Proficiency in Microsoft Excel, Word, and PowerPoint

Qualifications

• Prior internship experience at a broker-dealer, exchange, regulator, or financial services firm
• Coursework or hands-on exposure to data analysis tools (e.g., SQL, Python, Tableau)
• Exposure to surveillance, compliance, audit, or risk concepts through coursework, certifications, or prior internships
• Analytical Mindset: Curiosity and care in working with data; eagerness to develop quantitative analytical skills
• Communication: Clear written and verbal communication; ability to ask thoughtful questions and present findings appropriately for the audience
• Integrity & Professionalism: Strong ethical standards and discretion when handling sensitive information
• Collaboration: Positive, team-oriented attitude with a willingness to support colleagues across the organization
• Eagerness to Learn: Self-starter who is proactive about asking questions, taking feedback, and growing into broader responsibilities
• Adaptability: Comfortable working in a fast-paced environment and able to manage shifting priorities

Skills

• Data analysis
• Financial regulations
• Investment banking
• Regulatory compliance
• Sales and trading
• Surveillance

Benefits

• Annual base salary between $80,000 – $90,000
• Opportunities for growth and development within the firm
• Competitive benefits package

Pay

• Annual base salary between $80,000 – $90,000

Schedule

• Currently, this role is expected to be in the New York office at least 4 days per week