The New Accounts Associate will support the day-to-day operations to fulfill on-boarding, KYC and AML requirements for opening new accounts and refreshing existing accounts within Guggenheim Securities, LLC, which is a FINRA registered broker-dealer. This will include reviewing new account information as per legal and regulatory requirements. This position requires attention to detail where work-flow prioritization is required to examine the documentation provided by internal and external business partners. The product areas covered include: Investment Banking, Equities Sales & Trading, Syndication, Options and Fixed Income.

• Receive new account request from salespersons and work directly with clients
• Screen customers against the OFAC SDN and other sanctions lists utilizing WorldCheck One and escalate screening results to AML Officer
• Coordination will be required between internal teams such as: AML Officer, Compliance Officer, FinOps, Business Controls, Legal, Sales & Trading Desk Supervisors, Risk and Operations
• Perform research on various regulatory sites for client information/verification as outlined in our policies and procedures
• Work with trade level documentation such as Options Agreements, QIB Certifications, Electronic Trading Agreements, etc.
• Review current client files for completeness as outlined in our policies and procedures
• For Sales & Trading, utilize Pershing’s NetX360 to open client allocation accounts
• Facilitate Request for Information (RFI) from outside Business Partners and clients
• Perform suitability checks on prospect Investment Banking Investors as part of Confidential Marketing process 
• Willingness to learn new technology to fulfill onboarding and FinCEN requirements using proprietary technology
• Coordinate internal approvals and sign-off on various account setups
• Assist with Customer Identification Program in Investment Banking Division and some weekend support will be required
• Ad hoc projects as needed

• Have familiarity with Bank Secrecy Act, Anti-Money Laundering, Know-Your-Customer, FinCEN and Broker-Dealer Rules and Regulations
• Prior experience working in financial services preferred
• Prior experience working in documentation preferred
• Demonstrated ability to prioritize and handle multiple projects and assignments
• Ability to work across products when competing priorities arise using effective time management, problem solving, and collaboration
• Organized, detail oriented and extremely thorough; ensure work processes are completed accurately and appropriately
• Ability to display a consistent and professional degree of communication; ability to clearly articulate problem situations
• Team player with a positive attitude
• Ability to anticipate needs and initiate action; ability to operate independently yet know when to raise issues to manager
• Ability to review and analyze customer documentation and initiate follow up actions
• Proficiency in Microsoft Suite with working knowledge of Excel
• Familiarity with: Pershing NetX360, Broadridge Impact, Thompson Reuters WorldCheck One, LexisNexis and DocuSign
• Team player and focus on collaboration
• Ability to adapt to changing situations with ease

• Bachelor’s degree or equivalent in experience
• 1-4 years of relevant experience

• Annual base salary between $80,000 and $100,000.

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.