Responsibilities
- Conduct risk-based surveillance of securities transactions, sales practices, outside brokerage accounts, and employee and registered representative activity, including researching and evaluating exceptions to determine appropriate disposition, escalation, or corrective action.
- Develop and execute complex compliance monitoring, testing, reviews, risk-based assessments and surveillance using established standards and independent judgment.
- Analyze business processes, policies, procedures, communications, transactions, complaints, disclosures, or other assigned activity to identify risks, issues, trends, and control gaps.
- Interpret applicable laws, regulations, regulatory guidance, firm policies, and procedures to provide practical compliance guidance to business partners.
- Perform or oversee complex transaction monitoring, exception reporting, and outside brokerage account surveillance activities, including evaluation of exceptions, documentation of results, and escalation of potential compliance risks with recommended next steps.
- Document findings, recommendations, management responses, and supporting evidence in a complete and accurate manner, including clear documentation supporting surveillance alert dispositions and escalations.
- Coordinate responses to regulatory examinations, regulatory inquiries, internal reviews, audits, investigations, or information requests by gathering, reviewing, and validating information.
- Identify root causes, recurring issues, or emerging risks and recommend sustainable corrective actions or process enhancements.
- Contribute to development and execution of new or enhanced compliance programs, monitoring plans, testing programs, training, tools, and procedures.
- Support business initiatives, regulatory changes, and enterprise projects by evaluating compliance impacts and recommending appropriate actions.
- May provide coaching, training, guidance, or knowledge sharing to less experienced team members.
Qualifications
- Bachelor’s degree in business, legal studies, risk management, compliance or related field
- 5+ years of regulatory compliance, securities, financial services, risk management, internal audit, testing, monitoring, or other relevant experience
- 2+ years of experience supporting broker-dealer, registered investment adviser, insurance, retirement, or investment compliance functions
- FINRA Series 7 and 24 or Series 6 and 26 (dependent on broker-dealer activities); or obtain within 6 months of job entry date
- Strong knowledge of securities and/or advisory products and associated laws, regulations, regulatory expectations, firm policies, and compliance practices
- Experience with regulatory examinations, complaints, surveillance, advertising review, branch inspections, supervisory controls, testing, monitoring, or issue remediation
- Experience performing complex research, analysis, documentation, and issue resolution
- Strong written and verbal communication skills, including the ability to document findings, summarize risks, explain recommendations, and advise business partners and management
- Ability to manage complex assignments with minimal supervision and escalate significant risks or decisions appropriately
- Proficiency using Microsoft Office tools and ability to effectively use compliance, workflow, surveillance, case management, reporting, or document management systems
Preferred Qualifications
- FINRA Series 65 or 66 (dependent on investment advisor support), or other FINRA registrations based on assigned responsibilities.
- Experience with FIS Protegent and/or NFS Wealthscape
Working Conditions
- Office environment
- Hybrid office environment (Tuesday, Wednesday, Thursday)
- Locations: Cedar Rapids, Denver, Philadelphia
- Occasional travel (<10%)
- May require occasional travel for team meetings, training, regulatory matters, or business partner support.
Compensation
The Salary for this position generally ranges between $75,000-85,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.