Compliance Principal

This is a fully remote position, open to applicants in United States.

📋 Description

• Examine surveillance reports and trade alerts related to client and employee accounts.

• Address sales practice issues within the designated service levels.

• Conduct secondary reviews of high-risk accounts and intricate transactions.

• Authorize transactions that necessitate principal review.

• Investigate issues, document findings, and facilitate corrective actions with advisors and business units.

• Assess insurance and annuity recommendations and transactions for suitability and supervisory compliance.

• Escalate exceptions and collaborate with advisors and internal teams to resolve them.

• Execute AML and CIP monitoring, carry out investigations and due diligence, and document results.

• Suggest improvements to AML and CIP procedures as rules and risks evolve.

• Oversee portfolios for concentration, suitability, and portfolio management risks.

• Generate compliance metrics and trend analyses, recommending enhancements.

• Manage the Compliance case queue and address advisor and client inquiries.

• Gather data and exhibits for regulatory examinations, inquiries, and internal reviews.

• Assist in drafting responses as instructed.

• Create and provide targeted training and job aids as regulations change.

• Offer backup support for advertising and correspondence review, branch examinations, and regulatory filings.

⛳️ Requirements

• Bachelor's degree in business, finance, or a related field, or equivalent industry experience.

• Five (5) or more years of compliance experience with broker-dealers or RIAs, including principal-level review and approval.

• Active Series 7, 24, and 63 licenses.

• Solid understanding of SEC and FINRA rules, AML and CIP requirements, and suitability and Regulation Best Interest standards.

• Experience with surveillance platforms and compliance workflow tools.

• Proficiency in Microsoft Excel and SharePoint.

• Exceptional investigative, analytical, and writing skills.

• Capability to document decisions that will withstand examination scrutiny.

• Ability to manage multiple deadlines in a dynamic, distributed environment.

• Series 53 or 51 and Series 66 licenses are highly preferred.

• Experience supporting FINRA or SEC examinations, including compiling exhibits and drafting responses.

• Experience evaluating insurance and annuity transactions for suitability.

• Experience conducting branch examinations and reviewing advertising and correspondence.

• Submit a current resume along with a brief cover letter detailing interest and relevant broker-dealer or RIA compliance experience.

🏝️ Benefits

• Comprehensive medical, dental, and vision coverage.

• 401(k) participation with company match.

• Paid time off and paid holidays.

• Eligibility for discretionary performance-based bonus.

• Wellness initiatives.

• Opportunities for continuous learning and professional development within a supportive team.