Intermediate Compliance Analyst
Responsibilities:
Review current policies and procedures; identify and help to implement new and/or enhanced practices.
Contribute to the development of new and/or enhanced compliance programs and enterprise-wide initiatives.
Research current, new, and proposed regulatory requirements (e.g., statutes, regulations, bulletins) to determine impact to organization.
Provide guidance and/or develop summaries related to regulatory requirements; identify possible courses of action for various departments.
Analyze processes, services and products and provide ongoing guidance to ensure compliance with regulatory and statutory requirements.
Compile information for completion of reporting, including reports for management and state/federal regulators. Depending on complexity of the request, perform analysis, identify trends and follow up on opportunities for enhancement.
Provide guidance and support to business partners (e.g., Sales and Marketing) in creation of mandated product training.
Update and maintain complete and accurate policies, procedures, compliance logs or files.
Assist team members with research and assigned tasks, and provide training to supported teams.
May assist with one or more of the following compliance functions:
Analyze new legislation and create summaries regarding the course of compliance action for the departments
Review and approve advertising material for products
Analyze company responses to regulatory complaints and assist with completion.
Manage and coordinate regulatory examinations.
Legislative analysis of past, current and proposed regulations for performing continuous compliance reviews to maintain product integrity and a compliant product portfolio.
Gather information for regulatory (e.g., state insurance department, FINRA, SEC) and internal examinations.
Review provided information for completeness and accuracy.
Assist in drafting responses to examiner inquiries.
Assist in identifying root causes of adverse findings and suggest opportunities for enhancements.
Work closely with CCO in management and coordination of applicable securities industry compliance program.
Foster a culture of compliance to help prevent, detect, and correct violations of securities rules and regulations.
Provide assistance to support and educate business partners, representatives and supervisors.
Assist in compiling information for Regulatory filings such as the Form BD and Form ADV.
Assist in managing internal and regulatory inquiries and investigations involving representatives.
Assist in reviewing and responding to customer complaints and regulatory inquiries (e.g. FINRA, SEC) with direction from senior levels.
Assist in periodic testing to ensure compliance with applicable regulations.
Review and respond to complaints from consumers or regulators (e.g., state insurance department, FINRA, SEC, consumer)
Work closely with internal business areas to investigate complaints and provide a reasonable resolution to issues.
Identify root causes; suggest opportunities for enhancements.
Compile complaint procedures and records in support of regulatory examination requests.
Participate in team meetings and discussions of complaint cases.
Qualifications:
Bachelor’s degree in business, marketing, pre-law or other relevant field, or equivalent education and experience.
Two years of regulatory, securities, or advertising compliance experience.
Areas of experience desired may vary based upon assigned compliance functions and may include contract development, claims, underwriting, legal research, fraud or anti-money laundering investigations and/or communications.
Securities and some advertising industry positions require a general knowledge of the securities laws, regulations, rules, and applicable FINRA licensing (Series 7 & 24 or Series 6 & 26, as applicable).
Written and verbal communication skills.
Analytical and research skills.
Proficiency using MS Office tools.
Working Conditions:
Non-commuting Remote employees will not be assigned to report to a Company office location (although they may need to travel to a Company office upon request) and will perform their work remotely.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The Salary for this position generally ranges between $56,000-$66,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.