Investment Banking Compliance Manager

Description

Company Overview

Citizens JMP Securities, LLC (CJMP), a subsidiary of Citizens Financial Group, operates as a FINRA-registered institutional broker-dealer offering comprehensive services in M&A advisory, investment banking, corporate finance, equity research, and sales and trading.

Position Overview

We are seeking a Compliance Manager to support our Investment Banking businesses, including Equity and Fixed Income products, as well as Research. This role ensures compliance with applicable regulations, internal policies, and ethical standards governing investment banking activities, research publication, and trading practices

To thrive as a colleague at Citizens, candidates must demonstrate a strong customer-centric mindset, exhibit persistence and resilience in the face of challenges, and embrace continuous learning to adapt and grow in a dynamic environment.

Key Responsibilities

• Regulatory Oversight: Monitor compliance with SEC, FINRA, and global regulations related to equity and fixed income investment banking activities and research.
• Conflict Management: Oversee processes to identify and manage conflicts of interest between research and banking teams, ensuring compliance with the Global Research Settlement and firm policies.
• Advisory: Provide real-time guidance to bankers, research analysts, and front-office teams on compliance matters, including deal-related restrictions, research disclosures, and analyst independence.
• Policy Development: Draft, update, and implement compliance policies and procedures for investment banking and research functions.
• Surveillance & Monitoring: Conduct reviews of research reports, deal announcements, and trading activities for compliance with regulatory and internal standards.
• Collaboration:
  • Work closely with the Equity and Fixed Income Compliance Officer and the Control Room to ensure secondary trading in equities and fixed income is conducted in a compliant, transparent, conflict-free manner.
  • Partner with Equity Capital Markets (ECM), Debt Capital Markets (DCM), and Corporate Banking to provide compliance guidance on transactions and related activities.
  • Coordinate with Trading and BD Control Room, and the Centralized Control Room on the management and accuracy of the firm’s Restricted List and Watch List.
• Committee Participation: Serve as a Compliance representative on key Investment Banking committees, including the Equity Commitments Committee (ECC), Fixed Income Commitments Committee (FICC), Investment Banking Committee (IBC), and Fairness Opinion Committee (FOC).
• Specialized Knowledge:
  • Maintain a thorough understanding of requirements related to “At the Market” (ATM) offerings, including obligations for trade reporting block trades.
  • Must have a solid understanding of the requirements of Regulation M, particularly Rule 101, which restricts distribution participants and affiliated purchasers from bidding for, purchasing, or inducing others to purchase covered securities during the restricted period to prevent market manipulation.
• Information Barriers: Assist with both physical and electronic barriers to maintain separation between private-side and public-side information, ensuring compliance with regulatory and firm requirements.
• Training: Deliver targeted compliance training to banking, research, and trading teams on regulatory requirements and firm policies.
• Regulatory Interaction: Assist with regulatory inquiries, audits, and examinations related to investment banking and research activities.
• Incident Management: Investigate and resolve compliance breaches, documenting findings and implementing remediation plans.

Qualifications

• Education: Bachelor’s degree in finance, Law, Business, or related field; advanced degree or certifications preferred.
• Licenses: FINRA Series SIE, 79, 24, 63 or the ability to obtain these licenses in a timely manner upon joining is required.
• Experience: 2-5+ years in compliance within investment banking, research, or broker-dealer environment, with strong knowledge of equity and fixed income markets.
• Skills:
  • Strong understanding of U.S. securities regulations (SEC, FINRA) and research-related rules.
  • Familiarity with the Global Research Settlement and conflicts management frameworks.
  • Excellent analytical, communication, and interpersonal skills.
  • Ability to work in a fast-paced, high-pressure environment.

Hours and Work Schedule: 

At least 4 days in office

Hours per Week: 40

Work Schedule: Monday-Friday

Pay Transparency

The salary range for this position is $84,000-$126,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

Citizens will not sponsor an applicant for a work visa, such as an H-1B, for this position.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.