Compliance Sr. Specialist
About The Position
About the Role Assist the Vice Presidents of Distribution Performance, and their Regional Oversight and Engagement teams in the ongoing support and delivery of Compliance and Supervision consultation to Field Leadership, Financial Representatives, and Home Office business partners. Provide consultative support on anything from appropriate sales practices to implementation of policies and procedures. In addition, you will provide support for various divisional, departmental and enterprise-wide projects as subject matter expert. Educate and train Representatives and their staff while performing branch inspections while striving to improve divisional work processes. Collaborate with field leadership in developing, implementing, and executing risk management plans for their local offices.
Requirements
- Bachelor's Degree Preferred or equivalent combination of education and experience preferred.
- FINRA Series 7 & 24 required.
- Minimum of 4 year of relevant experience.
- Knowledge of Microsoft Office with strong emphasis on Excel proficiency.
- Ability to prioritize workload and seek support when appropriate, as well as work within a larger team.
- Proven success in establishing effective team relationships.
- Ability to solve problems by analyzing all possible solutions using technical experience, judgement, and precedent.
- Ability to explain difficult or sensitive information.
- Candidates must successfully complete and pass any required testing.
- Series 24 - FINRAFINRA, Series 7 - FINRAFINRA, SIE - FINRAFINRA
Nice To Haves
- Experience in insurance, investment, or financial services industry preferred.
Responsibilities
- Complete on-site inspections and annual reviews of books and records of Offices of Supervisory Jurisdiction, Registered Branch Offices and other field locations as required by FINRA.
- Conduct interviews and client file reviews with representatives in field offices in accordance with firm policy and industry regulations.
- Reviews and inspections consist of the following: Consult with Regional Oversight and Engagement team to assist with the creation and implementation Network Office specific solutions to material and ongoing compliance issues; and ability to document, draft, and follow-up with detailed reports regarding field offices and individual registered representative visits; and document observations and findings of sales practices through interviews with field management and registered representatives.
- Effectively communicate, educate, train, and consult to registered representatives, field management, field supervisors and home office personnel regarding federal and state securities/insurance regulations and Northwestern Mutual compliance policies and procedures.
- Partner with Network Office Supervision teams, the Regional Oversight and Engagement teams and home office Distribution Performance teams to assist with the assessment and improvement of current compliance and supervision processes.
- Provide support for various divisional, departmental and enterprise wide projects as subject matter expert. This requires collaboration and communication with various levels of internal and external associates, review of relevant documentation and interpretation and application of industry regulations/state statutes to create efficiencies, mitigate firm risk, and comply with industry regulations.
- Execute on certain oversight and supporting tasks designed to provide additional insight into Network Offices' business activities.
- Maintain a strong knowledge of: regulations, industry standards, company policies/practices, NM distribution systems, products, and culture in order to make independent decisions; consult with appropriate team resources as needed, and drive highly effective communication.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
