SUMMARY OF RESPONSIBILITIES
Under general supervision, works both as part of a team and independently to ensure branch compliance with Firm policies, procedures and industry rules. Conducts on-site audits which test for compliance with SEC Books and Records and assists in preparing summary reports indicating the status of any findings and plans for corrective actions. Represents the Compliance department as a liaison to provide guidance with Firm policies and/or procedures and Industry rules.
Establishes and maintains open lines of communication and acts as a contact point for assigned branches to assist with applicable Firm policies and/or procedures and Industry rules. Responsible for working knowledge of both Stifel and Century Securities’ policy manuals and applicable updates.
Performs or assists with the branch examination pre-work.
Assists with and conducts on-site branch audits for Stifel and Century Securities’ locations.
During the pre-work audit process and on-site exam, the examiner analyzes reports and documents for conformity to Firm and industry policies/rules.
Advises branch supervisory personnel on matters such as firm policies and procedures, regulatory rules; and internal discipline.
Ensure the Firm’s compliance with FINRA Rule 342.25 Annual Branch Office Inspection.
Assists with and prepares summary reports indicating findings and corrective action, to protect the solvency of the branch and Firm.
Performs on-going oversight of branch office conformity with Stifel and Century Securities’ policies, procedures, and regulatory rules, and supervisory systems. Reports deficiencies, recommends corrective action, and escalates as needed.
Performs other duties as assigned.
Train branch management personnel on the use of supervisory tools.
Orientates and trains new Century Securities Independent Financial Advisors on retention of documentation and Firm policies and procedures.
Reviews and summarizes registered representative compliant histories and determines further recommendations.
Under administrative direction assists in drafting disciplinary letters and Heightened Supervision documents.
Assists in researching and gathering data for responses to the SEC, FINRA, MSRB, or other regulatory bodies’ regulatory exams.
Performs all applicable administrative duties such as filing, preparing various spread sheets and reports, performing or assisting with special projects, responding to phone calls, ect.
SKILLS AND QUALIFICATIONS
Bachelor's degree in Business, Finance or related field required
Must have 2-3 years Securities industry experience or 1-2 years in audit or risk examination
Series 7, 63/65 or 66, required or the ability to obtain within 6 months
Demonstrated skills in organization, strong attention to detail, and the ability to meet deadlines.
Ability to acquire a thorough knowledge of SEC/FINRA/NYSE rules and regulations as well as industry procedures.
Ability to acquire a strong understanding of Stifel policies and procedures.
Demonstrated skills in negotiating, conflict management, and decision making; with the ability to deal with levels of branch and firm associates.
Able to communicate complex compliance issues, policies and procedures, in a credible and convincing manner. Able to identify and escalate disciplinary issues.
Stifel Nicolaus - 8 months ago