December 1, 2023

Investment Banking

Let Your Investment Banking Do The Walking

Compliance Advisory Associate – Investment Bank

Position Summary:

  • This top investment bank in NYC is seeking a compliance professional to join their Investment Banking Compliance Team as an Associate.
  • This individual will collaborate closely with various departments including business operations, legal, and management.
  • Reporting directly to the Head of Investment Banking Compliance, the role will encompass a diverse range of regulatory and compliance responsibilities pertaining to our investment banking advisory and financing activities.

Essential Job Functions:

  • Evaluate and address compliance concerns related to both fundamental broker-dealer and IB-specific policies, procedures, and regulations
  • Monitor and stay updated on regulatory shifts and rule modifications, ensuring the continuous upkeep of associated policies, procedures, and training materials
  • Establish, execute, and refine compliance testing and surveillance protocols to mitigate risks
  • Research, develop, and implement effective control mechanisms, including the creation/updating of corresponding policies and related training materials
  • Collaborate with compliance, legal, and business counterparts covering research, control room, and sales and trading matters relevant to IB compliance

Preferred Qualifications:

  • Demonstrated ability to independently identify and resolve issues, and influence behavior to ensure adherence to policies and procedures
  • Strong interpersonal skills, self-assurance, and the capability to successfully engage with staff and management at all levels (in person)
  • Agility in problem-solving, adept at untangling complexities, and proficient in implementing pragmatic solutions to business and compliance challenges
  • Outstanding written and verbal communication skills
  • Exceptional organizational skills with a keen eye for detail
  • Comfortable working autonomously as well as in a collaborative team setting
  • Critical thinking, proactive, and creative mindset
  • Rapid learner and self-initiator, proficient in managing multiple tasks concurrently with minimal supervision
  • Possesses a positive, hands-on, and proactive attitude
  • Willingness to travel domestically

Basic Qualifications:

  • 3-5 years of experience in compliance coverage within the broker-dealer line of business; familiarity with investment banking, capital markets, and/or control room operations is a bonus
  • Understanding/awareness of laws, rules, regulatory requirements, and risks impacting broker-dealers and IB
  • Involvement in policy and training development, including writing and communication/presentation, as well as the design and function of related monitoring and testing