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Mesirow

Operations & Risk Associate (VP/SVP level)

Mesirow, Chicago, IL


The Opportunity:

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, Mesirow serves clients through capabilities spanning Global Investment Management, Capital Markets and Investment Banking, and Advisory Services. We are proud that our intentional culture results in strong employee engagement, entrepreneurship and empowerment, with ongoing opportunities for volunteerism and advancement. Mesirow was recently named one of the Best Places to Work in Chicago by Crain's Chicago Business and one of the Top 100 RIA firms by Barron's. At Mesirow, we invest in what matters: our clients, our communities, and our culture.

Our Institutional Sales and Trading group is comprised of over 60 dedicated traders, salespeople, and analysts aligned by fixed income sector with an average of more than 20 years of specialized experience across key sectors of the fixed income market. The cornerstone of our work is providing sophisticated market analysis, excellent service and customized investment solutions to institutional investors, municipal and corporate clients with enhanced market coverage through national sales and trading locations. We are recognized nationally as one of the nations' most established and experienced participants with $125B Annual secondary trading volume and an average volume of $350m secondary trading positions.

We are actively seeking an Operations & Risk Associate (VP/SVP level) to join our Institutional Sales and Trading team. This role will be based in our Chicago office.

Responsibilities:
  • Contributes to the design, development, and implementation of key operation and risk programs, policies, and procedures
  • Manages risk and operation process assessments and develops policies and procedures to mitigate the root causes that lead to market risk or operational issues
  • Monitors for regulatory developments that impact the business and assists in implementing policies to ensure compliance
  • Serves as a liaison between business and key internal and third-party constituents such as clearing, audit and accounting
  • Assist in resolving day to day issues that arise in operations and personnel management
  • Monitors business' proprietary inventory to ensure appropriate regulatory compliance, funding levels and market risk
  • Facilitates several key committee meetings including the senior risk meeting and trader credit meeting
  • Assists with evaluation of business expenses to mitigate costs
  • Supports the business' supervisory and compliance functions

Requirements:
  • Minimum 3-5 years of relevant experience with an institutional broker-dealer.
  • Previous experience with self-regulatory agency or government regulator preferred.
  • Bachelor's degree required.
  • Series 24 license required or willing to obtain within 3 months of joining the firm.
  • Strong working knowledge of Bloomberg.
  • Effective at multitasking and good organizational skills.
  • Highly motivated self-starter with a strong work ethic and demonstrates self-initiative.
  • Ability to work on-site in our Chicago office a minimum of 4 days per week.

EOE