Investment Analytics & Trade Monitoring Manager (Trade Compliance)

City National Bank • New York, NY

123d • $127,626 - $237,014

About The Position

City National Rochdale (CNR) partners with financial advisors and their high-net-worth clients to build intelligently personalized investment portfolios. CNR provides investment research, portfolio management, macroeconomic outlook and strategic asset allocation to help clients meet their long-term goals. The VP - Investment Analytics and Trade Monitoring will establish and develop the Compliance Trade Oversight Program by leading, configuring, and overseeing the design, implementation and administration of the compliance rules engine within the Order Management System/Portfolio Management System to mitigate the regulatory, operational and market risks associated with regulatory and individual investment guideline requirements.

Requirements

• Bachelor's Degree or equivalent.
• Minimum 7 years’ experience in financial services industry with demonstrated hands-on experience implementing order management system (experience with Charles River system preferred).
• Strong understanding of variety of financial products and derivatives including equities, fixed income, mutual funds, exchange traded funds, etc.
• Understanding of trading workflows including pre-trade and post-trade compliance rules subject to SEC, FINRA, ERISA, and banking regulatory frameworks.

Nice To Haves

• Thorough understanding of applicable laws and banking regulations required.
• Proven leadership skills mixed with a propensity towards strong organization and time management skills required.
• Demonstrated experience managing a team.
• Must possess the ability to recognize and communicate enhancement opportunities along with developing creative and sound solutions within assigned duties.
• Excellent oral and written communication skills with all levels of management required.
• Computer proficiency in Microsoft applications of Outlook, Word, Excel, PowerPoint, Access and Project required.
• Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs.
• Experience with a financial institution such as a broker/dealer and/or registered investment adviser.
• Experience working within a Compliance Investment Management role.

Responsibilities

• Develop Compliance Trade Oversight Program by leading, configuring, and overseeing the design, implementation and administration of the firm’s Order Management System/Portfolio Management System.
• Manage and train additional analysts covering investment guideline requirements.
• Implement and monitor pre- and post-trade violations in a real-time environment through collaboration with the Investment Management and Trading teams.
• Conduct inquiries of violations and follow up through resolution.
• Develop procedures in coordination with Investment Management teams, IT/Programmers, Operations, Legal and Compliance.
• Coordinate with IT department on system updates and improvements.
• Review and interpret new account guidelines; code new accounts in Charles River and maintain the library of compliance rules.
• Design, test and implement new rules.
• Mitigate risks related to front-running, circular/wash trading, cross trading, insider trading, price manipulation, improper order handling, concentration limit violations, and securities journaling.
• Develop and implement quarterly, monthly, and daily reporting.
• Coordinate special projects between members of the CNR Investment Analytics and Monitoring team, the business and IT.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees