Senior Compliance Analyst - IA Oversight

Advisor Group•Scottsdale, AZ

3d•$77,000 - $87,000•Hybrid

About The Position

The Senior Compliance Analyst – IA Oversight will be involved in a variety of compliance functions including monitoring & testing, risk assessment, training, remediation and reporting of compliance issues within the RIA firms under direction of the SVP, IA Compliance. This Sr. Compliance Analyst – IA Oversight is involved on a day to day basis in interpreting and applying compliance policies and procedures to business practices.

Requirements

Prior experience with the Investment Advisers Act of 1940, Investment Company Act of 1940 and Securities Act of 1933.
Prior experience with Rule 206(4)7 testing.
Must be proficient with MS Office and Word.
Proficiency with MS Excel is a must.
Strong abilities in analytical thinking, problem solving, research, and time management.
Ability to think through complex Compliance issues.
Ability to work on assignments independently, using a high level of judgment and initiative in resolving problems and developing recommendations.
Strong written and verbal communication, including the ability to communicate with different levels of management.
Strong surveillance experience.
Bachelor’s degree preferred, high school diploma (or equivalent) in combination with significant practical experience will be considered in lieu of degree.
Minimum of high school diploma or equivalent is required.

Nice To Haves

FINRA Series 7 and Series 24 are preferred
Additional FINRA licensing (Series 66 or Series 63/65) a plus.
Three to Five years of relevant work experience with a financial institution such as a broker/dealer, registered investment adviser, regulatory agency, or other financial institution.

Responsibilities

Support the existing Investment Advisory surveillance program
Conduct risk assessments and testing of IA compliance programs
Perform Monitoring & Surveillance over business processes and controls
Analyze current IA Compliance functions and suggest enhancements and standardization, where appropriate
Identify and recommend necessary changes to business unit procedures to address compliance gaps or improve adherence to regulatory and firm requirements
Review, draft and assist the RIA Compliance SVP with the implementation of compliance procedures
Support advisors by providing guidance on RIA policy and procedures questions
Execute desktop procedures for RIA surveillance and other IAR related activities
All other duties as assigned