Investment Banking, Business Control Associate

About the role

The Associate will conduct delegated supervision, surveillance and control-related responsibilities in accordance with Firm and regulatory requirements. This role requires developing a comprehensive understanding of internal policies and procedures to support the detection and escalation of potential policy or regulatory violations, contribute to root cause analysis, and drive remediation.

Responsibilities

• Understand and apply business, compliance, and information security policies in day-to-day operations across the broker-dealer
• Conduct end-to-end monitoring and testing of internal controls to assess operating effectiveness and identify potential weaknesses
• Develop and maintain risk and control documentation, management reporting, and dashboards to provide transparency on operational risks and key metrics
• Help support employees’ adherence to applicable laws, rules, and regulations through the application of Firm and regulatory policies and sound ethical judgment
• Effectively support regulatory exams, internal audits and compliance testing by remaining current with regulatory developments, internal policies and required changes and evolving industry best practices
• Possess strong analytical and problem-solving skills with high attention to detail
• Partner cross-functionally with Compliance, Operations, Technology and senior leadership to develop process efficiencies, supporting infrastructure and identifying opportunities to strengthen the control environment

Requirements

• 3-5 years’ experience in the financial industry
• Bachelor’s Degree
• Series 79 and Series 24 preferred or commitment to obtain within 6 months of joining the Firm
• Excellent written and verbal skills with demonstrated leadership and project management experience
• Ability to work collaboratively across a geographically diverse team, managing multiple priorities and delivering results under tight timelines
• Strong analytical and problem-solving skills with high attention to detail

Qualifications

• Familiarity with broker-dealer operations, investment banking products, and the end-to-end transaction lifecycle is expected
• A desire to work in a dynamic, highly collaborative environment and the confidence to challenge and influence outcomes with senior stakeholders are essential

Skills

• Financial Services Experience
• Strong Analytical and Problem-Solving Skills
• High Attention to Detail

Benefits

Annual base salary between $90,000 – $110,000, commensurate with experience

Pay

Annual base salary between $90,000 – $110,000, commensurate with experience

Schedule

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

Company Information

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. For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200. Guggenheim Securities, LLC (“GS”) does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.