Senior Vice President, Supervising Principal

The Opportunity

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services.

A Senior Vice President, Supervising Principal working on a institutional fixed income trading desk overseeing operations and supervision of daily trading activities, supporting compliance with SEC and FINRA regulations and managing risk. Daily responsibilities include reviewing transactions, approving high-risk orders, processing and reviewing trades and fund movements, reconciliation of financials, manage margin exchange, supervising representatives and traders and maintaining supervisory controls.

Key Responsibilities

• Monitor in real-time risk and end-of-day trading activity for market abuse, errors, or policy breaches.

• Operational support for fixed income trading desk, especially with respect to corporate bonds

• Supervisory principal responsibilities for fixed income trading desk

• Provide real-time compliance and regulatory guidance to traders and sales teams.

• Maintain and update desk-level written supervisory procedures (WSPs).

• Coordinate internal audits and respond to regulatory inquiries or examinations

• Support for the regulatory financial accounting team

• Qualifications and Requirements

• Active FINRA Series 7, 63, 24

• 5+ years of institutional broker-dealer operational and supervisory experience or working for a regulatory or self-regulatory organization.

• Deep knowledge of fixed income products and options, with a focus on corporate bonds.

• Strong working knowledge of SEC and FINRA rules and regulations and risk management systems.

• Previous use of Bloomberg trading and settlement systems, along with working knowledge of excel, extiva

• Core Competencies

• Deep knowledge of Broker-Dealer operations and regulations

• Able to handle multiple tasks and be flexible around daily job responsibilities

• High attention to detail under fast-paced, high-pressure trading environments.

• Sound decision-making regarding risk tolerance and regulatory enforcement.

• Clear communication skills to guide trading personnel and collaborate with team of Principals, Compliance, Accounting and Legal

• In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $100,000 and $130,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a bonus and the Mesirow benefit program.

• EOE

• Equal Opportunity Employer

• This employer is required to notify all applicants of their rights pursuant to federal employment laws.

• For further information, please review the Know Your Rights notice from the Department of Labor.