AVP, Broker-dealer Compliance

Overview

Lloyds Overview:

Lloyds Bank Corporate Markets, plc (“LBCM”) forms an integral part of Lloyds Banking Group, a UK-focused retail and commercial bank with more than 30 million customers globally. We have been operating in North America for over 100 years, providing a client-focused approach for global businesses with strong links to the UK. Our New York operations provides a gateway between the UK and North America for financial institutions and large corporate clients, offering core banking products such as lending, trade finance and a range of debt capital and financial markets services through our US broker dealer, Lloyds Securities Inc.

Lloyds Bank is committed to attracting, retaining and developing the best talent in the industry and embracing the diversity of our people. We offer our colleagues ongoing training, development, mentoring and networking opportunities, as well as competitive benefits and vacation leave. We are dedicated to working with our community and offer a range of volunteering and fundraising activities throughout the year.

Diversity and inclusion plays an integral role at Lloyds Bank. LBCM strives to create a culture where every individual feels included, and empowered to be their best. Providing equal employment opportunities to all applicants and employees without regard to any class protected by applicable law.

Lloyds values diversity in all backgrounds and experiences and wants their employees to bring their “whole self” to work!

Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process Lloyds North America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Human Resources Dept at: NRHR@lbusa.com

Entity Overview

Lloyds Securities Inc. (LSI), a broker-dealer registered with the Securities and Exchange Commission (SEC), and FINRA member firm, is the U.S. securities arm of Lloyds Bank Corporate Markets, plc UK (LBCM plc UK). Lloyds Securities' businesses include Debt Capital Markets, Bond Syndicate, Private Placements and Credit Sales & Trading. LSI is part of Lloyds Banking Group, which offers commercial banking and risk management services to large domestic and multinational businesses with a presence in the United States and the United Kingdom. LSI acts as a U.S. chaperoning broker dealer for its foreign affiliate LBCM plc UK under SEC Rule 15a-6.

Role Overview

The right candidate will play an active role in supporting the Chief Compliance Officer of LSI in maintaining and implementing the day-to-day compliance program of the broker-dealer. The LSI Compliance team is part of LBCM-North America (“LBCM-NA”) Branch’s Compliance Department and receives some key services from LBCM-NA including the onboarding of LSI clients and AML/Sanction services. The ideal candidate will have experience and knowledge of U.S. securities regulation, be highly motivated, organized and attentive to detail. This position requires capability in handling a diverse workload, prioritizing tasks in a fast paced corporate environment and flexibility to support the wider compliance department of LBCM-NA with activities outside of the listed responsibilities.

Responsibilities

Responsibilities:

Key Tasks and Responsibilities of the role include, but are not limited to:

• Assist in drafting and maintaining written supervisory procedures
• Keep up-to-date on regulatory change, horizon scanning and developments across the securities industry; participate in industry working groups, external regulatory committees which helps facilitate and ensure compliance with FINRA and SEC rules and regulation
• Interact with personnel at all levels of the firm’s business divisions
• Assist with ensuring all risks and controls are appropriately embedded and continuously reviewed within the appropriate system
• Responsible for taking accountability for certain key tasks to align with the various requirements of the local regulators, such as:
• Supervising and managing personal account dealing requirements, outside business activities and conflict of interest disclosures
• Updating and filing regulatory reports on an annual, periodic or ad hoc basis, and being assisting with registration and licensing requirements of registered persons, including continuing education requirements (i.e. Form BD, Form U4, Form U5)
• Assisting with Control Room responsibilities and working with the London-based Control room to ensure the local maintenance of the Global Restricted and Watch lists, advising and guiding the business on requirements and maintaining and driving the processes surrounding Insider Lists, Wall Crossings etc.
• Performing daily reviews of business communications for electronic and voice communication surveillance and monitoring
• Assisting in handling the compliance monitoring application for the performance of and routine review of employee personal account dealing, employee trading, outside business activities, private securities transactions, conflict management, charitable contributions and matched giving, gifts and entertainment, annual certifications etc. for North America
• Assisting in the management of and review of marketing materials and communications with the public
  

Qualifications

Education and Experience :

• 5-7 years of validated experience in broker dealer and regulatory compliance
• Series 7, 24 or 14, not required, but a plus
• BS or BA degree required
  
  

Key Skills And Knowledge

• Knowledge of fixed income markets
• Strong analytical skills and ability to problem solve in a fast paced environment
• Detail oriented with strong organizational skills
• Ability to work independently and handle several tasks when vital
• Effective written and verbal communication skills
• Proficient in the use of reporting and presentation tools, i.e. Excel, Powerpoint, Access
• High standard of professionalism and discretion while working with sensitive information
  
  

Salary Range: $110,000 - $125,000