Associate, Business Controls Specialist

Job Description:

Position Summary

Guggenheim Securities is seeking an enthusiastic, detail-oriented individual to join a growing team as a Business Control Associate. This position will play an important role in supporting the Firm’s culture of Risk Management and Compliance by conducting delegated supervision, surveillance and control related responsibilities in accordance with Firm and regulatory requirements. The Associate will be required to develop a complete understanding of Firm and Compliance policies and procedures to support the detection of potential policy or regulatory violations and safeguard the Firm by exercising sound judgement and escalating issues appropriately and to actively participate in the implementation of new processes, procedures, and enhancements to the existing control framework.

The ideal candidate should have some experience in the securities industry and be familiar with the basic operations, product types and processes of a broker dealer. The desire to work in a dynamic and highly collaborative environment is essential.

Essential Job Functions

• Understand business, compliance, and information security policies and their day-to-day application at a broker dealer
• Help assure employees’ adherence to applicable laws, rules, and regulations via Firm and Regulatory policies and by applying sound ethical judgment regarding personal behavior
• Conduct sound business practices by escalating, managing, and reporting issues with transparency
• Remain current with regulatory and internal policy changes
• Actively participate in group discussions and key initiatives to develop and enhance current and future processes

Qualifications

• 3-5 years’ experience in the financial industry is required
• Bachelor’s Degree
• Securities Industry Essentials (SIE), Series 79 and Series 24 preferred or commitment to obtain within 6 months of joining the Firm
• Excellent customer service skills, attention to detail and exceptional written and verbal communication skills
• Ability to work collaboratively, across a geographically diverse team
• Strong analytical and problem-solving skills

Work Location 

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

Salary

• Annual base salary between $90,000 – $110,000, commensurate with experience
• The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us:

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.