The Compliance Specialist Senior will play a critical role in the successful execution of the firm's compliance mission. This position will ensure the development and maintenance of a strong compliance culture by identifying measures and monitoring adherence with applicable laws, regulations and rules that govern our business. The Compliance Specialist Senior will work closely with business, legal, risk, and audit functions to provide expertise on regulatory compliance matters, assess and measure compliance and related risk and, monitor and test the adequacy of the firm's compliance control environment.
Perform on-site and remote branch and OSJ office examinations as directed including pre-exam investigation and due diligence to ensure compliance with regulations and firm policy.
Effectively communicate examination results to management, the registered representative and/or branch via timely formal written reports and follow up to ensure areas of concern are corrected in a specified period of time.
Ensure adherence to internal policies and procedures, as well as informing registered representatives and management of new rules and regulations and inform management of potential violations.
Provide ongoing support in other core Compliance functions which may include Testing, Surveillance, AML, and Investigations.
Understand and apply regulatory requirements in the design and testing of the firm's policies and procedures.
Maintain working knowledge of compliance regulations, industry topics, and continuing education to assist in the development of Compliance related training programs.
3 or more years of Securities or Compliance Experience with a basic understanding of SEC and FINRA regulations
Series 7 required
Series 24 license required or the ability to obtain the license within 90 days of hire
Travel is required- up to 50% of time will be dedicated to performing examinations outside of the home office location.
Experience in performing branch examinations, handling complaints and/or performing surveillance functions is preferred.
Series 63, 65 or 66, 53, 4; Life and Disability licensing is desirable.
Knowledge of concepts, products, practices and compliance techniques for the financial services industry preferred.
Ability to understand complex legal and regulatory issues, FINRA rules and regulations required.
Advanced MS office skills including Word, Excel and PowerPoint preferred. Ability to learn proprietary software