Compliance Analyst

About MagnetarMagnetar is a leading global alternative asset manager with over $18.6B AUM as of September 30, 2024. We are based in Evanston, IL-just north of Chicago and easily accessible by the "L"-with additional offices in New York, London and Menlo Park, CA.Grounded in two decades of investing experience, we aim to generate consistent performance for our investors by identifying differentiated investment opportunities and building scalable businesses across our core strategies: Alternative Credit and Fixed Income, Systematic Investing, and Venture.This year, we proudly celebrate our 20th anniversary-a testament to our legacy of innovation, expertise and commitment to our clients and team.Magnetar employees are among the best in the business at what they do. Our employees thrive on intellectual curiosity, collaboration and identifying creative solutions to complex problems. Our team is made up of highly skilled, passionate professionals who care deeply about delivering results for our investors, our firm and one another. We are proud to foster an inclusive, welcoming environment that empowers each employee to succeed.At Magnetar, our commitment to our employees matches our dedication to our work. We offer top-tier benefits including comprehensive health, dental and vision insurance, a 401k match, competitive paid time off, wellness programs, daily lunches, and professional development through Magnetar University. We are also passionate about giving back, supporting financial education and community engagement through our Foundation and various volunteer initiatives.We hope you'll consider joining us as you explore a career at Magnetar!Position Overview As a Compliance Analyst at Magnetar, the role will be responsible for supporting all aspects of the Compliance Department including Code of Ethics monitoring, surveillance monitoring, testing, training, and developing compliance policies, procedures and internal controls. This position reports to and works in close coordination with the Chief Compliance Officer.Responsibilities Assist with administration the firm's Code of Ethics, including the personal trading policy, gifts and entertainment, outside business activities, and pay-to-playAssist in the supervision of employee compliance with the firm's policies & procedures and Code of EthicsResponsible for verifying the firm's compliance with policies & procedures through testing and surveillanceAssist with new hire compliance onboardingAssist with monitor trade execution, best execution, allocation, trade errors, cross trades, and general compliance oversight of the trade execution functionConduct conflict checks, update and maintain the firm's restricted listAssist with the annual risk assessment and 206(4)-7 annual reviewWork with the team to prepare for regulatory compliance reviews, exams and certificationsAssist in the preparation of regulatory filings, including responses to regulatory inquiriesAssist in the development of compliance training programs, including the on-going development of training materials and conducting training sessions for all new and existing employeesAssist with marketing material reviews and due diligence requestsCoordinate and oversee ongoing policy review and developmentExtensive oversight of all functions and interaction with all levels of the organizationQualifications Bachelor's degree requiredA successful candidate must have experience within the financial services industry, including at least 2-3 years directly within the compliance function and must possess knowledge of the registered investment advisor industry and practices.Experience with trading systems, Bloomberg, MCO, STAR Compliance and other compliance platforms preferred.Securities industry experience, including operations, accounting or internal audit within the compliance function, is a plus.Keen eye for identifying compliance risk and ability to escalate appropriately.Ability to work independently as well as part of a close-knit team and among various levels of management.High attention to detail, strong organizational skills and the ability to excel in a fast-paced work environment.Dedicated, pro-active, problem-solving mindset and a can-do attitude.The annual base salary range for this position is $90,000 to $180,000 USD. The actual base salary will depend upon the candidate's relevant experience, qualifications, skills, business needs and market. This role may be eligible for a discretionary bonus and if awarded is based on a variety of factors including firm and individual performance.DisclaimerThe above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Created: 2025-02-18