Compliance Specialist

World Insurance Associates, LLC.•Santa Barbara, CA

63d•$75,000 - $90,000•Remote

About The Position

We’re currently seeking a Compliance Specialist to support the firm’s Compliance Program. You will report to Manager-Compliance Operations Develop and manage a Compliance Department activity reporting system. Represent the compliance department in resolving issues involving new accounts set up with Operations and Accounting departments. Monitor general department email inboxes and/or department ticketing system reports to assure timely response or escalation if necessary to inquiries and information received. Provide support, education, and guidance to Financial Representatives and their staff as it relates to business processes, firm policies and procedures, industry rules, and other general inquiries. Assist management and other compliance personnel with the completion of various projects and testing. Other duties as assigned.

Requirements

Bachelor’s degree (B.A./B.S.) in a related discipline required.
Minimum two (2) years of Compliance and/or regulatory experience within both RIA and broker-dealer business segments.
Series 7, 24 (or 26), 63, 65 (or 66), Series 53 (or 51), and Life, Health, & Variable Annuity Insurance Licenses (or the ability to obtain within 120 days of hire).
Strong working knowledge of both brokerage and investment advisory business concerning the regulatory framework in which they operate.
A deep understanding of industry rules governing supervision, suitability, and registrations.
Excellent technology and communication skills
Ability to work independently to manage time and prioritize tasks efficiently.
Be a motivated self-starter who can make thoughtful, deliberate decisions with minimal assistance.
The desire to be an enthusiastic, cooperative team player who is always seeking ways to improve processes.

Nice To Haves

Have previous experience with and a thorough understanding of regulatory requirements under Reg-BI and PTE 2020-02.
Already hold a Life, Health, & Variable Annuity license.

Responsibilities

Develop and manage a Compliance Department activity reporting system.
Represent the compliance department in resolving issues involving new accounts set up with Operations and Accounting departments.
Monitor general department email inboxes and/or department ticketing system reports to assure timely response or escalation if necessary to inquiries and information received.
Provide support, education, and guidance to Financial Representatives and their staff as it relates to business processes, firm policies and procedures, industry rules, and other general inquiries.
Assist management and other compliance personnel with the completion of various projects and testing.
Other duties as assigned.