Compliance Officer I - Licensed Fifth Third Securities

Fifth Third Bank • Cincinnati, OH

2d • Onsite

About The Position

The Compliance Officer I - Licensed is responsible for identifying and assessing risks and executing procedures to ensure Fifth Third Securities complies with rules and regulations from FINRA, SEC, state laws, and industry standards, as well as the Bancorp’s policies and procedures. This role focuses on seeking process improvements, evaluating compliance functions, procedures, and approaches, and enhancing existing controls in collaboration with the line of business. The Compliance Officer I will also assist in developing plans and implementing new regulatory requirements and industry best practices, working within department and cross-department teams. This position is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures. The individual must always do the right thing for customers and colleagues, ensuring actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, the role achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

• Bachelor's degree in Business Administration, Finance or related field or equivalent work experience.
• Minimum 5 years of sales supervision, representative supervision, or compliance experience within the brokerage industry and/or investment advisory industry.
• FINRA Series 7, Series 66, and Series 24 are required.
• Demonstrates working or functional proficiency sufficient to apply the use of software applications (Micro-Soft Office Suite) without assistance and minimal supervision.
• Able to understand and conceptualize basic statistical analysis and theories.
• Solid experience in manipulating (validating, correcting, reformatting, and transforming) data into more than one format, (e.g. spreadsheets, flat files, data bases, etc.).
• Strong analytical skills required to gather, assess and present quantitative and qualitative data.
• Ability to negotiate and collaborate with others, initiate action, adapt to change, make difficult decisions, and accept challenging assignments.
• Excellent oral and written communication skills. Effectively communicates upward, downward and laterally.
• Display a positive business presence with management and external contacts.
• Must be able to demonstrate sound judgment and apply logical and critical thought processes when developing and recommending solutions.

Responsibilities

• Participates in the analysis of policies and procedures, strategic priorities, external influences, current regulatory focuses, and previous examination findings, as it relates to Compliance issues and risks.
• Maintain a cutting-edge awareness of company goals, regulatory and legislative developments, and industry trends.
• Assist with regulatory examinations.
• Analyzes data by numerous delivery channels, geographic area, product types, facility, and even employee or officer to identify risks and develop and recommend scope or target for the review, corrective action/or performance gap closure. Develops and executes strategies for closing gap in performance.
• Assess the adequacy of the business units'/affiliate's recommended corrective action to the issues or gaps identified.
• Develops and report's findings to Senior Management regarding their business lines (Legal, Audit, and Senior level Operating Committees).
• Participates and/or leads regular meetings with peers to build and maintain know ledge of current and emerging issues and risk in the environment.
• Recommend protocols for compliance testing.
• Contribute updates to the compliance risk assessment.
• Reviews reporting from the Councils for use by the Regulatory Change Management Committee.

Benefits

• Comprehensive benefits
• Differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level