Compliance Specialist - Financial Services

UMB Bank•Kansas City, MO

12d

About The Position

UMB Financial Services Inc. (UMBFSI), UMB’s broker-dealer and investment-advisor affiliate, is governed by FINRA and the SEC and serves retail and institutional customers and municipalities. Its services include brokerage accounts, qualified retirement plans, retirement plan consulting, college planning, and retirement planning. The Compliance Specialist works with a dedicated compliance team to implement UMBFSI’s compliance program. The role oversees electronic communications, social media, correspondence, branch office examinations, marketing, and advertising. It monitors regulatory developments that may affect the firm, prepares regulatory filings, responds to regulatory inquiries, and advises on the regulatory implications of proposed rules and new products or services. The specialist collaborates with UMBFSI associates and departments including corporate risk, legal, human resources, and internal audit to support compliance with applicable regulations. The role also helps identify training needs, develop curriculum, and deliver training through annual compliance meetings, monthly roundtable calls, new-hire orientations, and other occasions as needed. Other compliance duties may be assigned.

Requirements

Bachelor’s degree or equivalent education and experience.
Three years of relevant experience.
FINRA Series 7.

Nice To Haves

FINRA Series 24, or willingness to attain it within 90 days of hire.
FINRA Series 52, Series 53, and Series 66, or Series 63 and Series 65.
Seven years of compliance experience in the securities industry.
Advanced degree such as an MBA or JD.
State insurance licensing in fixed and variable insurance products for all states where UMB Insurance is admitted.

Responsibilities

Oversee electronic communications, social media, correspondence, branch office exams, marketing, and advertising.
Monitor and review regulatory developments that may affect the firm, including developments from FINRA, SEC, MSRB, and other regulatory organizations.
Prepare regulatory filings and respond to regulatory inquiries.
Provide guidance on the regulatory implications of new or proposed rules and new UMBFSI products or services.
Work with UMBFSI associates and departments such as corporate risk, legal, human resources, and internal audit to support compliance with applicable rules and regulations.
Help identify educational and training needs and develop training curriculum.
Provide training during the annual compliance meeting, monthly roundtable calls, new-hire orientations, and other times as needed.
Perform other compliance duties as assigned.