Compliance Data Analyst

Position Summary

Focus Partners Wealth is seeking a Compliance Data Analyst. The Compliance Data Analyst, in coordination with the Compliance Department, is responsible for collecting, analyzing, and testing data in support of the firm’s Compliance Program. This role performs transaction-level, periodic, and forensic testing across financial, trading, and operational data to identify potential compliance issues, emerging regulatory risks, and control gaps. The Compliance Data Analyst supports internal reviews and internal investigations by conducting targeted data analysis, documenting findings, and assisting with issue escalation and remediation efforts, including the preparation of data and analyses for regulatory examinations and inquiries.

The Compliance Data Analyst applies advanced analytical techniques to large volumes of financial, transactional, and operational data to support compliance monitoring, issue escalation, and regulatory reporting. The role also supports the maintenance and enhancement of the firm’s core compliance reporting systems and collaborates closely with internal stakeholders across the firm to ensure adherence to applicable laws, regulations, and internal policies and procedures.

In addition, the Compliance Data Analyst serves as a key resource to the Compliance team on special projects, including the development of compliance tools and reporting solutions designed to enhance the firm’s regulatory oversight, examination readiness, reporting accuracy, and regulatory filings.

Focus provides team members the flexibility to work a hybrid schedule. Our hybrid model is defined as 3 days in office work required per week, while giving team members the option to work remotely 2 day per week, or as assigned by their team leader.

• Support the ongoing implementation, administration, and enhancement of the firm’s Compliance Program, including policies and procedures, the Code of Ethics, and related compliance manuals and documentation.
• Collect, aggregate, analyze, and test financial, trading, and operational data using transaction-level, periodic, and forensic testing methodologies to identify potential compliance issues, emerging regulatory risks, control gaps, and indicators of non-compliance.
• Prepare detailed reports and documentation for management.
• Support internal reviews and internal investigations by performing targeted data analysis, preparing investigative documentation, and assisting with issue escalation, remediation tracking, and resolution.
• Assist in identifying conflicts of interest and support efforts to eliminate, mitigate or manage such conflicts in accordance with regulatory requirements and firm policies.
• Assist in the design, implementation, and ongoing testing of internal compliance controls to assess control effectiveness and support continuous improvement.
• Support regulatory reporting and examination readiness by preparing data, analyses, and documentation in response to regulatory inquiries, examinations, and document requests.
• Maintain and enhance compliance reporting systems and tools and serve as a subject matter resource for compliance technologies and platforms (e.g., Global Relay, ACA Compliance Alpha, Basis Code, Orion, Salesforce, or similar systems)
• Collaborate with business, operations, technology, and legal teams to support compliance initiatives, ensure adherence to applicable laws and regulations, and promote a culture of compliance across the firm.
• Serve as a liaison or point of contact for assigned areas of compliance oversight and special projects as directed by Compliance management.

Qualifications

• 1 + years of compliance, regulatory, or audit experience in the financial industry
• Bachelor’s degree in business or related field of study
• Microsoft Excel & Word
• Ability to utilize CRM system, such as Salesforce
• Strong problem solving and decision-making skills
• Ability to analyze and summarize data and apply critical thinking to develop conclusions from the data
• Intellectual curiosity and intelligence, as well as a proactive approach to problem-solving
• Extensive knowledge of the Investment Advisers Act of 1940, as amended
• Strong written and verbal communication skills with ability to interact effectively with peers and all levels of management
• Attention to detail, well organized, ability to perform multiple tasks simultaneously, and strong organizational skills
• Willing and able to learn and analyze securities laws
• Impeccable and unquestioned integrity and trust
• Trustworthy
• Capability to handle sensitive or confidential information and maintain confidentiality of that information
• Ability to work independently and be proficient at multi-tasking
• The candidate will have demonstrated sound business judgment by developing and implementing compliance solutions that are effective and aligned with regulatory expectations and business needs and realities

The annualized base pay range for this role is expected to be between $57,000-$67,000. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set.  The base pay is just one component of the total compensation package for employees.  Other rewards may include an annual cash bonus and a comprehensive benefits package

#LI-KP1