Compliance Officer

Position Overview    

As a Compliance Officer at Magnetar, the role will be responsible for supporting all aspects of the Compliance Department including review and marketing materials, Code of Ethics monitoring, trade 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 marketing material reviews, RFP and due diligence requests
• Assist in the preparation of regulatory filings, including responses to regulatory inquiries
• Assist with administration the firm’s Code of Ethics, including the personal trading policy, gifts and entertainment, outside business activities, and pay-to-play
• Assist in the supervision of employee compliance with the firm’s policies & procedures and Code of Ethics
• Responsible for verifying the firm’s compliance with policies & procedures through testing and surveillance
• Assist with new hire compliance onboarding
• Assist in the development of compliance training programs, including the on-going development of training materials and conducting training sessions for all new and existing employees
• Assist with monitor trade execution, best execution, allocation, trade errors, cross trades, and general compliance oversight of the trade execution function
• Conduct conflict checks, update and maintain the firm’s restricted list
• Assist with the annual risk assessment and 206(4)-7 annual review
• Work with the team to prepare for regulatory compliance reviews, exams and certifications
• Coordinate and oversee ongoing policy review and development
• Extensive oversight of all functions and interaction with all levels of the organization

Qualifications   

• Bachelor’s degree required
• A 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.
• Familiar with institutional advisory regulations including experience with the SEC marketing rules
• 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.