KBCM Compliance Control Room

KeyBank • Cleveland, OH

1d • Hybrid

About The Position

The Compliance Control Room Analyst/Officer is responsible for assisting in the day-to-day operations of the KBCM Control Room. This includes maintaining the firm's information barrier program, managing restricted and watch lists, reviewing transactions for potential conflicts of interest, and ensuring compliance with all applicable federal securities laws, FINRA rules, and firm policies and procedures. This role serves as a critical liaison between the Investment Banking, Capital Markets, Research, and Sales & Trading departments and the Compliance function, helping to ensure the firm's business activities are conducted in compliance with regulatory requirements governing the handling and control of material non-public information (MNPI). The position reports to the Deputy Chief Compliance Officer of KBCM.

Requirements

• Bachelor's degree in Finance, Business, Economics, Legal Studies, or related field.
• 3–7 years of compliance, legal, or control room experience within a broker-dealer, investment bank, or regulatory authority.
• Working knowledge of federal securities laws and regulations, including the Securities Act of 1933, the Securities Exchange Act of 1934, and applicable SEC and FINRA rules.
• Familiarity with information barrier requirements, MNPI handling, and conflict-of-interest frameworks.
• Strong analytical, organizational, and written/verbal communication skills.

Nice To Haves

• Direct experience administering Watch/Restricted Lists, wall crossings, and deal-team tracking.
• Experience with research review and familiarity with FINRA Rules 2241/2242, Regulation AC, Regulation M, and Regulation FD.
• Proficiency with compliance technology platforms (e.g., StarCompliance, MCO/MyComplianceOffice, STAR, or similar control room software).
• Experience supporting regulatory examinations (SEC, FINRA).

Responsibilities

• Administer and maintain the firm's Watch List and Restricted List, ensuring timely additions, modifications, and removals based on deal activity and MNPI flows.
• Monitor, advise on, and document all wall crossings, ensuring appropriate controls and approvals are in place before confidential information is shared across information barriers.
• Track deal teams and ensure personnel with access to MNPI are properly identified and restricted from trading or tipping.
• Conduct conflict-of-interest reviews for KBCM investment banking transactions, new business engagements, and capital markets activities, escalating issues as appropriate.
• Review potential conflicts between Research, Investment Banking, and Sales & Trading activities and ensure proper mitigation measures are applied.
• Maintain and update the firm's conflicts monitoring system with accurate, real-time information.
• Review equity and fixed income research publications for compliance with applicable regulations, including FINRA Rules 2241 and 2242, SEC Rules 137, 138, 139, Regulation AC, and Regulation M.
• Chaperone interactions between Investment Banking and Research departments to ensure compliance with KBCM's information barrier policies.
• Monitor for compliance with Regulation FD and other disclosure-related requirements.
• Assist with the review and approval of personal trade preclearance requests for covered employees.
• Support administration of the firm's employee trading compliance program, including monitoring for potential insider trading and front-running.
• Assist with FINRA Rule 3210 compliance (employee accounts at other firms).
• Assist in the development, maintenance, and enforcement of Control Room policies, procedures, and written supervisory procedures (WSPs).
• Deliver training and guidance to KBCM business partners on information barrier obligations, MNPI handling, and conflicts of interest.
• Support internal and regulatory audits, examinations, and inquiries (SEC, FINRA), providing subject matter expertise and documentation as needed.
• Conduct ongoing surveillance of employee activities for potential information barrier breaches or violations of firm policy.
• Prepare management reports and metrics on Control Room activities, escalations, and trends for Deputy CCO and senior compliance leadership.
• Identify opportunities for process improvement and technology enhancements within Control Room operations.

Benefits

• Base salary in the range of $96,000.00 - $181,000.00 annually.
• Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
• Access to a list of benefits for which this position is eligible.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level