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Piper Sandler · 1 day ago

Trading Supervisory Risk Control Manager

New York, NY

Full-time

Onsite

Mid, Senior Level

$120K/yr - $180K/yr

7+ years exp

Piper Sandler is a leading institutional middle market investment bank firm serving clients in the U.S. and internationally. They are seeking a Trading Supervisory Risk Control Manager to join their Equity Sales and Trading team, responsible for executing compliance risk control analysis, data management, and solutions for supervision within the equities sales and trading business line.

Financial Services

Growth Opportunities

Responsibilities

Perform supervisory control testing over Equity Sales and Trading and other relevant written supervisory procedures to ensure adherence to SEC, FINRA, and other relevant regulations

Collaborate with other departments to address compliance-related issues identified during testing, draft reports, and ensure effective controls are in place

Assist with updating and review of trading written supervisory procedures, in collaboration with compliance, as rules change, business processes change, or supervisory control testing results indicate updates are necessary

Review new business initiatives, and changes to existing activities to identify and formulate business-line risk and supervisory process solutions

Assist in responding to any regulatory inquiries, examinations or investigations

Assist with compliance training, attestations aimed at enhancing understanding and adherence to the firm’s policies

Seek improvement opportunities and efficiencies in supporting technologies, compliance oversight, reporting, as well as control structure within business systems and processes

Act as a liaison and point of contact between the Compliance and Equity Supervision, Operations, and other business partners

Assist in the creation and management of key metrics including escalation of issues identified during regular monitoring and testing activities to Compliance Director and business line management

Stay abreast of the local and global regulatory environment and work closely with Piper Legal and Compliance Depts

Participate in internal and external industry committees for benchmarking of regulatory expectations and relevant best practices

Assist the Compliance Technology team in performing data integrity testing over Surveillance reports utilized by Compliance team members in their Regulatory capacity

Qualification

Equity SalesTrading RegulationsFINRA Series 7Data ManagementTrade Surveillance SystemsMicrosoft Office SuiteData Analytics ToolsCommunication SkillsAttention to Detail

Required

7-10 years of relevant experience; prior experience with an institutional broker-dealer desired

Bachelors' degree required - Business, Finance, Economics, or related field

FINRA Series 7, 24, and 4 required or willingness to obtain within 6 months

Experience with Equity Sales, Trading, and Capital Markets relevant regulations including order handling, execution, and trade reporting requirements (i.e. Reg SHO, NMS, CAT, Rule 606, etc.) and capital markets requirements (i.e. Reg M, FINRA rules 5130/5131, etc.)

Proficient with trade surveillance systems, Microsoft Office Suite, and data analytics tools

Applied practical experience working with large equities trading data sets, data management systems and equities trading infrastructure

Strong communication and interpersonal skills with the ability to interact and collaborate effectively across departments in a professional manner in a variety of situations

Attention to detail and ability to handle multiple priorities simultaneously while maintaining a positive and productive attitude

Ability to handle confidential and sensitive information and the ability to handle matters with discretion when required