High - Net Worth Regional Compliance Officer - CT
The Wealth Management division of an investment bank seeks a Regional Compliance Officer responsible for the oversight of sales activities for four wealth management branch offices.
The Compliance Advisory Group and this particular individual will provide sales practice guidance as well as the interpretation of rules and regulations to Branch Admin Managers, Regional Office Managers, and Business Control to mitigate risk and limit sales practice violations and enforce a program that complies with both internal and external regulatory expectations relating to the Securities Industry.
Key responsibilities include:
• Directly cover 4 branches and 3 branches as back up coverage, providing sales practice guidance as well as the interpretation of rules and regulations to mitigate risk to Investment representatives, Sales Assistants, Branch Administrative Managers, and Regional Office Managers
• Perform a monthly assessment of Admin Manager responses to ProSurve alerts and discuss a plan of action with each Admin to remediate the findings
• Perform a quarterly review for each of the branches they directly support by completing a structured template and discuss the observations and other relevant information with the Regional Office Manager and Branch Admin
• Review Cross Border travel requests and PIP requests
• Write and maintain Compliance procedures
• Work with Business Control and Operational Risk to ensure that there are proper controls in place to limit sales practice issues
• Coordinate Compliance Reviews with the Compliance Monitoring and Control Team
Additionally, this person may be called upon to assist in any of the following responsibilities CAG currently performs; Client Communication/ Review of marketing material, Sponsorship of the Annual Compliance Meeting, Sponsorship of the Supervisory Control Person Program, Policy and Procedure Committee participation, Compliance RCA, Induction Training, Compliance SLA, Special Projects and Reviews, and Investigations.
Qualifications:
• 5+ years of regulatory/advisory compliance experience
• Series 7, 63, 66, 8, 9 (preferred)
• Must be organized, articulate, able to multitask, detailed oriented, and be able interact with Sales staff, sales support, and management
• Bilingual English/Spanish preferred
To apply please submit your resume to Carlye Fairchild
Click Here To Apply!
