Careers

Penserra is a diversified financial services firm offering global equity trading, fixed income trading, investment banking, ETF Sub-advising, and global equity management to some of the largest and most sophisticated institutions in the country. Our firm holds to the conviction that there is a better way for a financial services firm to create value. Powered by our people and innovation, Penserra strives to provide its clients with superior service and exceptional results. Our people are what makes our mission possible and why we are dedicated to creating an inclusive and diverse culture where all our colleagues feel welcomed and valued.

The ideal candidate would incorporate into his or her work ethic the principles of The Penserra Mindset, a set of corporate culture initiatives established to promote a positive work environment and prioritize client relationships. The Mindset pillars foster respect for colleagues, recognition of employee accomplishments and investment in learning opportunities.

Functional Title:         Fixed Income Salesperson

Corporate Title:          Vice President (or higher)

Assignment:                Full Time (Permanent)  

Location:                    Chicago, IL / New York, NY / San Francisco Bay Area, CA     

Position Summary:

The Fixed Income Group’s current business includes corporate bonds (secondary and new issue placement), Money Markets, CP/DN’s Agency securities (secondary and underwritten as FHLB an.d FNMA approved dealer), MBS, CMBS (agency and private label), Municipal (secondary trading), High Yield and Emerging Market. Individual and team applications welcome.

Essential Duties and Responsibilities:

  • Strengthen existing relationships while maximizing revenue.
  • Create new client relationships.
  • Effectively use tools such as Bloomberg for analytics, research and communication.
  • Keep market-making traders abreast of the relevant issues with their clients.
  • Responsible for executing trading assignments and single security orders in accordance with agreed upon instructions from the firm.
  • Ability to create, maintain and unwind various hedging strategies using multiple methods alongside program trading assignments.
  • Take ownership for regional best execution responsibilities and ongoing counterparty execution quality and analysis.
  • Understand, comply and implement necessary regulatory responsibilities for portfolio execution.
  • Send trade confirms and assist with trade settlement for account.
  • Work with trading and compliance to create and maintain procedures and documentation for operations best practices.

Requirements:

Schedule/Location:

  • Chicago, IL
  • New York, NY
  • Orinda, CA

Required Education:  An associate or undergraduate bachelor’s degree in Business, Finance, Economics or related discipline with a strong academic record.

Compensation/Benefits:

  • Compensation – Commission only
  • Medical/dental/vision/life benefits
  • 401k with matching

Required Licenses or Certifications:

  • Series 7
  • Series 63

Penserra Capital Management LLC is seeking a full time Chief Compliance Officer to oversee all aspects of the firm’s compliance program. Penserra Capital is an SEC registered Investment Adviser, also registered as a Commodity Trading Adviser with the CFTC and a member of the NFA, with approximately $11 billion AUM. Penserra Capital Sub-Advises 3rd party Exchange Traded Funds (ETFs), focusing on the implementation aspect of 3rd party investment strategies in 3rd party ETFs. Penserra Capital is part of the Penserra group of companies which includes an affiliated broker dealer and a state registered investment adviser.


Penserra is a diversified financial services firm offering global equity trading, fixed income trading, equity and debt capital markets, ETF Sub-advising, tied hedge trading (Qualified Contingent Trades) and global equity investment management to some of the largest and most sophisticated institutions in the country. Our firm holds to the conviction that there is a better way for a financial services firm to create value. Powered by our people and innovation, Penserra strives to provide its clients with superior service and exceptional results. Our people are what makes our mission possible and why we are dedicated to creating an inclusive and diverse culture where all our colleagues feel welcomed and valued.


Functional Title: Chief Compliance Officer
Corporate Title: Corporate Officer
Assignment: Full Time (Permanent)
Location: Orinda, CA or Chicago, IL

Responsibilities:

  • Oversee all aspects of the compliance program of Penserra Capital
  • Respond to regulatory inquiries and examinations
  • Review and continually maintain written supervisory procedures
  • Setup compliance rules in automated compliance engine for new fund launches and administer compliance reporting including governance privileges and warning overrides
  • Ensure timely filings of regulatory updates and reports including Form ADV updates and Form 13 submissions
  • Respond in a timely manner to requests for quarterly and annual compliance questionnaires from Trust and Adviser CCOs
  • Maintain the firm’s Code of Ethics and oversee compliance with the Code
  • Maintain the firm’s compliance matrix, documentation around testing, and compile the firm’s annual review pursuant to rule 206(4)-7
  • Perform the Firm’s NFA self examination
  • Manage the firm’s annual compliance summit
  • Coordinate 15c packages for initial and on-going approval as a sub-adviser
  • Coordinate board reporting and participate in board meetings
  • Lead compliance related calls with clients and service provider partners as well as represent compliance in business meetings
  • Assist compliance officers of affiliated businesses with general compliance activities such as on-going compliance training, reviewing employee emails and texts, reviewing employee personal trade requests, maintaining employee attestations, etc.
  • Respond to ad hoc compliance related client requests and annual auditor requests

Qualifications:

  • Bachelor’s degree in Finance, Economics or related field.
  • Minimum 3 years of experience in the financial services industry, ideally in the securities industry or compliance function.
  • Outstanding verbal and written communication skills with exceptional attention to detail.
  • Strong analytical skills with the aptitude to absorb and distill large amounts of data.

Schedule:
M-F: 7:30am to 4:30pm CT; After hours for urgent issues as needed.


Location:
Orinda, CA or Chicago, IL
(Remote work from home 1-2 days per week)


Compensation:

  • $100,000 to $200,000 (Dependent upon experience)
  • As a Penserra employee, your benefits include Medical, Dental, Vision, Long-Term Disability and Life insurance, along with a 401(k) plan with match.

Contact: careers@penserra.com

Penserra is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, discharge from the military service or based on a physical or mental disability that is unrelated to the employee’s ability to perform the duties of the job applied for.