Vice President, Capital Markets Compliance Officer

Job Description Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. The Vice President, Capital Markets Compliance Officer is responsible for acting in an advisory capacity to the Wedbush Capital Markets activities including equity market making sales, trading, research, syndicate and investment banking activities. This role will be responsible for creating and updating the Capital Markets policies and carries out regular testing of the Capital Markets supervisors' work product. Responsibilities include, but are not limited to: Assist with the design and execution of regulatory compliance testing for Capital Markets business; test compliance with policies and standards and identify key risk control gaps and deficiencies Work with the business supervision team to ensure all applicable rules and the products supported are identified to ensure testing priorities can be evaluated and established while maintaining accuracy Work closely with other compliance colleagues to ensure consistency among execution of testing and interpretation of rules Assist in the monitoring of the Capital Markets Division's compliance with SEC, FINRA and other applicable regulations Keep up-to-date on changes in federal and state compliance laws and regulations impacting the group of assigned compliance focus area(s) Advise line of business supervision staff on emerging compliance issues, and assist in developing policies, procedures, and risk management analyses Conduct branch office audits for Capital Markets locations and assist the CEO in Annual Market Access Testing for Capital Markets activities Draft and update Capital Markets Policies and Written Supervisory Procedure and work with the CCO in obtaining information and documentation for Capital Markets-related inquiries and examinations Assist with programs for educating and training personnel on compliance and regulatory topics Perform other duties as required and assigned Experience and Skills Bachelor's Degree from an accredited university Extensive knowledge in equity and fixed income institutional trading, investment banking, and research activities 10+ years of related experience in a broker/dealer operations and/or compliance position FINRA Series 7, 24, 63 licenses required Understanding of FINRA, SEC and other regulatory requirements around trading and market making activities including Reg SHO, Reg NMS, Rule 605, Rule 606, SEC Rule 15c3-5, TRACE, and MSRB trade reporting Experience overseeing compliance obligations of firms with syndicate, research, and investment banking businesses Highly organized with the ability to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency Excellent communication and presentation skills with the ability to communicate effectively across various departments and levels of the organization Strong analytical, problem-solving, critical-thinking skills and extremely detail-oriented Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint) and ability to travel at least 30% Job Benefits What Wedbush Offers You As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues. Comprehensive medical, dental, and vision coverage with multiple health plan options Health Savings Account (HSA) with company-sponsored contributions Flexible Spending Accounts (FSA) traditional and dependent care Pre-Tax Commuter Benefits 401(k) Plan: competitive discretionary company matching and profit-sharing contributions Tuition reimbursement ($5,250 max per year) Paid Sick Time, Holidays, Volunteer Time Off Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc. FINRA and Professional License Sponsorship Charitable Donation Matching Contributions Travel & Employee Assistance and Employee Discount Programs Discretionary compensation based on the colleague's and the firm's performance Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $140,000-165,000. At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed. Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.

Created: 2024-10-19