The Broker Dealer (BD) Compliance team is responsible for making sure that the Firm’s policies and procedures are followed regarding the products, processes, procedures, and services offered. Our core function is to guide and advise our internal partners and field on the policies and procedures of the BD, as well as the rules and regulations of our highly regulated industry. We work in partnership to find solutions where possible to the challenges faced by our business partners and field force so that each can achieve their objectives in a compliant manner. And, when necessary, educate on the reasoning and risks when the desired answer is not possible.
What you will do:
- Respond to and address inquiries from field and home office personnel to assure compliance with the applicable laws, regulations and firm policy and procedures.
- Address emails and phone calls coming into the Compliance Inbox and Compliance Hotline
- Review and process client accommodations requested by field partners.
- Monitor industry publications/notifications for regulatory notices and new rules.
- Assist with updating compliance policies and procedures manuals.
- Provide oversight of surveillance reports to ensure actionable items are addressed.
- Review and acknowledge requests for Private Securities Transactions
- Liaison for Security and Vulnerable Adult Incidents with our field and internal partners
- Review Office Sharing arrangements for the firm.
- Provide secondary review for regulatory responses.
- Identify and maintain risk areas for annual compliance training.
- Monitor and test firm policies and procedures based on risk levels to the firm.
- Perform 3120 and ad hoc testing on specific Compliance and firm functions.
- Provide occasional training to field and home office personnel on compliance topics.
- Review and analyze individuals seeking to affiliate with the firm.
- Input cases and documentation into respective firm approved tools.
- Keep abreast of new products, technologies and their applications and compliance implications.
- Primary contacts for this position are:
- Designated Principals and Registered Representatives in the field
- Internal partners such as Supervision, Resource Center, and Operations
- Project work as needed
What you need to have:
- 1-3 years of BD Compliance experience
- Series 7 and 24 required.
- Regulations and interpretive guidance
- Industry Best Practices
- Problem resolution
- Thorough analysis
- Excellent written and verbal communication
- Interpersonal relations
- Review and analyze cases from a practical, policy and regulatory framework.
- Provide accurate and thorough written documentation.
- Manage several tasks proactively.
- Work well independently as well as on a team.
- Manage workloads and help team as needed
- HS Degree at minimum
What is nice to have:
- Series 4 and/or 53 preferred
- MS office including Excel, Word, PowerPoint, and Salesforce (preferrable)
- Bachelor’s degree preferable
Compensation:
The base annual salary range for this role is $75,000 to $85,000, plus a competitive performance-based bonus. Base annual salary depends on a wide array of factors, including but not limited to skill set, years and depth of experience, certifications, and location. Base annual salary may also differ significantly due to geography and cost of labor considerations.
About Us
What we give you in return:
Not many teams can say that they support people’s dreams coming to life… We happen to do that every day. And as important as we know your career is, we recognize that there’s a whole lot more to life. To ensure that our Employees can make the most of their time outside of working hours, we offer a competitive salary and for full-time roles, a benefits package including:
- Inclusive health, dental, vision and life insurance plans built to support diverse lifestyles, offer preventative care, and protect against hardship.
- Easy access to mental health benefits to meet our team members and their families where they are.
- 20+ days of paid time off (PTO), paid holidays, 1 paid wellness day and 1 days of paid volunteer time off (VTO) to give our employees the time they need to stay close with their loved ones, recharge, and give back to their communities.
- 401(k) Savings plan with a generous company contribution (up to 5%), and access to a financial professional to offer our employees the opportunity to plan-ahead for a strong financial future well beyond their working years.
- Paid parental leave to support all team members with birth, adoption, and foster.
- Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare, commuting, and more.
- Employee Assistance Program (EAP), LifeLock, Pet Insurance and more.
About Cetera Financial Group:
Cetera Financial Group® ("Cetera") is a leading network of independent retail broker-dealers empowering the delivery of objective financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is an independent financial advisor network and a leading provider of retail services to the investment programs of banks and credit unions.
Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support and innovative technology.
"Cetera Financial Group" refers to the network of retail independent broker-dealers encompassing, among others, Cetera Advisors, Cetera Advisor Networks, Cetera Financial Institutions, Cetera Financial Specialists, and First Allied Securities.
Cetera Financial Group is committed to providing an equal employment opportunity for all applicants and employees. For us, this is the only acceptable way to do business. Accordingly, all employment decisions at the Cetera Financial Group, including those relating to hiring, promotion, transfers, benefits, compensation, and placement, will be made without regard to race, color, ancestry, national origin, citizenship, age, physical and/or mental disability, medical condition, pregnancy, genetic characteristics, religion, religious dress and/or grooming, gender, gender identity, gender expression, sexual orientation, marital status, U.S. military status, political affiliation, or any other class protected by state and/or federal law.
Agencies please note: this recruitment assignment is being managed directly by Cetera’s Talent Acquisition team. We will reach out to our preferred agency partners in the rare instance we require additional talent options. Your respect for this process is appreciated.
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