Institutional Securities Oversight Compliance – Group Manager recruitment
Position Category: Legal/Compliance
Position Title: Institutional Securities Oversight Compliance - Group Manager
Job Level: Executive Director
Location: USA - NY - New York
Education Required: Bachelors Degree
Position Description:
- Manage the Institutional Surveillance Oversight group by providing daily guidance and performing reviews on surveillance work completed by ISO group members.
- Communicate with senior members of Compliance and the Business regarding strategic initiatives and surveillance enhancements, metrics, findings, and themes and trends.
- Work with the Business Unit and the Compliance Advisory teams to establish and enhance the Supervisory and Compliance Oversight process, including supervisory manuals and related systems.
- Identify gaps and weaknesses and develop a corrective action plan to remediate them. Take ownership of the remediation effort including report design, creation and implementation.
- Manage and communicate priorities among the Business Unit, IT, Operations, Compliance Advisory and Internal Audit.
- Work with IT to develop and enhance exception reports for Compliance and the Business. Will own this process from development through implementation.
- Work with Business Unit, Risk, Operations, Front and Back Office Technology, as well as Legal and Compliance Technology.
- Perform daily review of surveillance reports to detect possible violations of Rules, Regulations and Firm Policies.
- Research and respond to issues that may arise at the trading desk level regarding sales, trading, capital market questions.
- Perform research needed to respond to regulatory inquiries and examinations.
- Become familiar with the day-to-day operations of the trading desks and will be required to interact with staff members by providing answers to questions that may arise.
Skills Required:
- 10 - 15 years of Compliance or Regulatory experience required
- 5 - 10 years of direct management experience required
- Expert knowledge of the Compliance Surveillance Process and rules and regulations governing the Sales Trading arena.
- Must understand complex Sales Trading instruments such as structured/securitized products and derivatives.
- Strong written and oral communication skills and proven experience communicating with executive level management