Compliance Fixed Income Associate SecondMarket

SecondMarket seeks an experienced fixed income compliance specialist to assist in maintaining and overseeing the company's fixed income businesses compliance with federal and state securities laws and the rules and regulations of the SEC, FINRA and the MSRB. The applicant will be current on applicable existing regulatory requirements as well as any relevant changes to requirements or best practices. In addition, the individual will have knowledge of the USA Patriot Act and OFAC rules to assist with the Firm?s Anti-Money Laundering Procedures.

Reporting to the Chief Compliance Officer, the fixed income compliance specialist?s primary responsibilities will include:

POSITION DETAILS

Ensuring that all compliance policies and procedures are continuously monitored, evaluated, and enforced and assist the CCO with drafting and amending policies and procedures as warranted
Assist with compliance training and providing advice and recommendations to the desks heads and to senior management on current regulatory requirements and best practices.
Remaining current on applicable rules and regulations and providing relevant advice and guidance to all functions on any new or amended regulatory requirements
Maintaining records to ensure compliance with applicable reporting requirements including TRACE and MSRB reporting
Performing routine and ad hoc trade surveillance and electronic correspondence reviews including gathering KYC and AML documents from new users of the SecondMarket Platform
Monitor employee emails in connection with the Firm?s Electronic Communications policy
Providing advice and guidance to the other support and control functions e.g. operations, account opening, etc

CANDIDATE PROFILE

5+ years of compliance and/or legal experience within a broker-dealer or within a regulatory agency, such as FINRA or the MSRB
Series 7 and 63 required. Series 52 or 53 a plus.
Extensive knowledge of US broker dealer compliance requirements, municipal securities dealer compliance requirements, and the current US regulatory landscape
Diverse range of fixed income product knowledge with a strong background and understanding of Auction Rate Securities and Municipal Securities
Knowledge and understanding of operations, trade flows and trading protocols including experience with TRACE and MSRB trade reporting.
Experience dealing directly the SEC, FINRA and the MSRB during examinations
Knowledge and experience in AML requirements and regulations
Experience with email surveillance
Ability to establish proactive, constructive dialogue and partner effectively with front office and back office personnel to successfully formulate and execute tactical and strategic solutions
A relationship builder, who can establish trust and credibility across the firm as well as with Regulators and clients
Hands-on approach, with execution/process skills
Organized and focused on delivering results
Ability to work independently
Impeccable integrity, sound judgment
Strong writing skills

Location:	26 Broadway New York, NY 10004 United States