Branch Office Examiner, Compliance
About The Position
The Branch Office Examiner is responsible for conducting comprehensive examinations of branch offices to ensure compliance with industry rules, regulations, and firm policies. This role involves significant travel, research, analysis, and communication with branch management and financial advisors. The examiner will interpret regulatory guidelines, draft examination reports, and educate staff on compliance matters. Additionally, the role may involve training new examiners and performing for-cause exams. The position requires strong investigative skills, attention to detail, and the ability to deliver findings professionally.
Requirements
- 3+ years Financial Services industry experience - Compliance or Branch Exams experience preferred.
- Detailed knowledge of the retail brokerage business, investment advisory business, and common investment products - including mutual funds, variable annuities, stocks, and bonds.
- FINRA Series 7 is required.
- FINRA Series 24 license is strongly preferred or must be obtained within 90 days of employment. Two testing opportunities will be allowed.
- Strong verbal and written communications skills required.
- Proficiency in MS Office, including Word, PowerPoint, Excel and OneDrive.
- High school diploma required.
- Must be extremely detail-oriented, investigative and can work independently.
- Must be able to deliver negative results in a professional manner.
- Must have the ability to: Travel via automobile, train, and/or airplane to visit branch offices throughout the United States in business attire throughout the year; carry luggage, a briefcase, company furnished cell phone and company furnished laptop.
Nice To Haves
- College degree strongly preferred.
- Proficiency in Smarsh and RegEd preferred.
Responsibilities
- Conduct approximately 75-125 comprehensive examinations per year.
- Travel independently up to 50% of the time.
- Schedule and discuss exam expectations with the branch management.
- Prepare for each exam by generating and analyzing various reports and conducting comprehensive pre-examination research.
- Review exam findings with branch management.
- Draft and issue high quality examination reports in a timely manner.
- Educate OSJ Managers, Financial Advisors and support staff on various industry rules, regulations and firm policies during the exam.
- Interpret the Written Supervisory Procedures, FINRA manual, Compliance notices and other publications concerning broker/dealer regulation.
- Assist in the training of new examiners and field management as needed.
- Perform for-cause exams as needed.
- Present to multiple parties, including field management and upper management as needed.
- Submit expense reports in a timely manner.
- Archive documentation and supporting paperwork upon conclusion of examinations.
Benefits
- Medical, dental and vision insurance plans
- Mental health support and wellness initiatives
- 401(k) Plan with a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay
- Employee Assistance Program (Confidential counseling services and resources)
- Matching charitable donations (up to $5,000)
- Volunteer Time Off (up to 16 hours annually)
- Paid Time Off (at least 24 days)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
