Job Summary:
The Compliance Surveillance Associate will monitor client accounts and Financial Advisor activity to ensure compliance with FINRA, SEC rules and regulations and BFE policies. Act as main point of contact with branch locations to interpret policies and procedures and regulatory rules. Conduct investigations of suspicious activity, recommend corrective action, and develop long term prevention controls.
Essential Duties & Responsibilities:
- Responsible for performing trade surveillance with special attention paid to senior investors and AML related activity and evaluating potential exceptions based on securities laws, regulations, and firm policy.
- Coaching branch and home office staff on policies and procedures to promote compliance awareness
- Collaborate with branch managers and other Compliance and Supervision personnel to address Compliance matters.
- Assist in the development of new exception reports, processes, controls, and tools to help identify exceptions based on securities laws, regulations and firm policy.
- Draft or assist in the drafting of communications to brokers and clients addressing Compliance matters.
- Provide compliance risk and regulatory subject matter expertise.
- Provide written and verbal updates to Compliance managers as needed.
Qualifications:
- Understanding of the application of SEC and FINRA regulations and the need for firm Compliance Policies and Procedures.
- Strong regulatory, product, and brokerage knowledge, with an emphasis on mutual funds, annuities.
- Familiarity with automated supervision and surveillance systems.
- Ability to manage and prioritize multiple tasks while meeting deadlines.
- Ability to adapt to changing work environment, roles, and responsibilities.
- Ability to prioritize and resolve complex problems and escalate as necessary.
- Expertise with Microsoft Office (Word, Excel, and Outlook).
- Strong written, verbal, and analytical skills.
- Strong attention to detail.
Education and/or Work Experience:
- Minimum Education Required: Four-year college degree in business or related field (BS in Business, Accounting or Finance preferred).
- Minimum Work Experience Required: 5+ years of financial industry compliance related experience or equivalent work, education, or training.
Licenses/Registration:
- Minimum Required: SIE, Series 7, 66, 24
Work Environment:
This position requires the ability to work in a stationary position for several hours at a time and the ability to lift up to 25 pounds, occasionally. Some filing is required. The work environment is an air conditioned, smoke-free, office environment. This position routinely uses standard office equipment such as computers, phones, photocopiers and filing cabinets.
About Benjamin F. Edwards
If you are interested in joining a different kind of firm that truly puts the interests of its advisors and clients first, you have come to the right place. Founded in 2008 and serving more than 300 advisors with over $50 billion in assets, Edwards has the scale our advisors expect and the ability to deliver the personal touch and concierge-level service our clients deserve.
We are a firm that values our legacy of family and colleagues and cherishes an environment where all succeed through collaborative support. To us, legacy is not only about the past - it is building an experience that prepares all of us, and our clients, for the future.
We invest in our team and recognize and appreciate the value of hard work. The rewards of the job are founded in the difference you will make in the lives of our clients and extend throughout a culture that inspires you to learn, grow, and be your best. Having fun is part of the firm’s mission statement.
We offer a comprehensive benefits package which includes health, dental, vision, 401(k), life insurance, disability, and paid time off.
Our client-first mission is grounded in the Golden Rule; when you join Benjamin F. Edwards you are well cared for, and we welcome all applicants with the skills, experience, and enthusiasm to do a great job regardless of race, color, religion, gender, sexual orientation, national origin, genetics, disability, age, or veteran status.
Benjamin F. Edwards is an Equal Opportunity Employer.
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Skills Required
- Four-year college degree in business or a related field
- 5+ years of financial industry compliance-related experience or equivalent work, education, or training
- SIE license
- Series 7 license
- Series 66 license
- Series 24 license
- Understanding of SEC and FINRA regulations and firm compliance policies and procedures
- Strong regulatory, product, and brokerage knowledge, especially mutual funds and annuities
- Familiarity with automated supervision and surveillance systems
- Microsoft Office expertise, including Word, Excel, and Outlook
- Strong written, verbal, and analytical skills
- Ability to manage multiple tasks, prioritize work, meet deadlines, and resolve complex problems
- BS in Business, Accounting, or Finance
What We Do
Benjamin F. Edwards is a growing, national wealth management firm that is committed to putting its clients’ interests first. We manage both a traditional full-service brokerage firm, as well as our independent advisory arm, Edwards Wealth Management, launched in 2019. Our goal is to provide the right structure and a home for every advisor and every client.
