Compliance Analyst

Advisor Group•Scottsdale, AZ

58d•$55,000 - $63,000•Onsite

About The Position

The Compliance Analyst plays a critical role in safeguarding the integrity of Osaic’s financial services operations by monitoring advisor activity and identifying potential compliance risks. This position is responsible for conducting detailed reviews of financial professionals’ books of business, analyzing trade data, and detecting patterns that may indicate regulatory or policy concerns. The analyst will collaborate closely with Internal Supervision, Compliance, and Senior Management to deliver actionable insights and ensure adherence to industry standards and firm policies. This role requires strong analytical skills, attention to detail, and the ability to interpret complex regulatory requirements. The Compliance Analyst will also contribute to the development of surveillance procedures, lead special projects, and serve as a subject matter expert for system testing and quality assurance initiatives.

Requirements

Three to five years of experience in the financial securities industry is required.
Must be proficient with MS Office and Word.
Proficiency with MS Excel is a must.
Knowledge of the retail brokerage business and common investment products including mutual funds, variable annuities, alternative investments, stocks, and bonds is required. (Additional knowledge in variable annuities and mutual funds strongly preferred.)
Ability to analyze large amounts of trade data and to think through complex Compliance issues.
Must be detail-oriented, investigative and have the ability to handle a high volume of work independently.
Ability to interpret Compliance Policies and Procedures, FINRA manual, FINRA Notices to Members, Compliance notices and other publications concerning broker/dealer regulation
Effective communication skills, both written and verbal.

Nice To Haves

FINRA Series 7 and 24 preferred.
Insurance license preferred
2+ years’ regulatory experience is preferred.
Experience at an independent broker-dealer is preferred

Responsibilities

Reviews financial professionals’ book of business for common risks and regulatory issues.
Creates representative summaries detailing negative trends including high rates of variable annuity replacements, mutual fund B-share and C-share concerns, high rates of mutual fund switching, alternative investment liquidity issues, etc.
Delivers trend summaries to Internal Supervision, Compliance and Senior Management teams for review and follow up.
Assist Surveillance manager in the creation and editing of Surveillance procedures
Lead additional projects and regulatory requests and necessary.
Conducts Quality Assurance of analyst deliverables for financial professional profiles and Activity Based Reviews.
SME for all Surveillance report IT/QA/UAT testing
Train new/current Compliance Analysts