Testing Lead Compliance Analyst (FINRA licenses required)

Transamerica • Cedar Rapids, IA

242d • $85,000 - $95,000

About The Position

Transamerica Financial Advisors (TFA) is searching for a dynamic and experienced Testing Lead Compliance Analyst to help mitigate TFA's risk by reviewing and enforcing company policies. This candidate will support TFA's compliance program covering both the broker-dealer and investment advisor. The ideal candidate should have experience creating and performing testing related to the broker-dealer's annual 3120 testing/reporting and to the registered investment advisor's annual 206(4)-7 testing/reporting, etc. In addition, the candidate will assist with compliance testing for World Financial Group (WFG). The candidate should possess and apply broad knowledge of FINRA, SEC, and other applicable regulators' concepts and principles; work with minimal instruction or guidance with applicable latitude for un-reviewed action or decisions; and perform more complex assignments with minimal direction and guidance from management.

Requirements

• Bachelor's degree in business, marketing, pre-law or other relevant field, or equivalent education and experience.
• Five years of insurance and/or securities regulatory compliance experience.
• A general knowledge of insurance and securities laws, regulations, rules, etc.
• FINRA licensing (Series 7 & 24 required).
• Exemplary written and verbal communication skills.
• Analytical and research skills.
• Proficiency with MS Office tools, including strong proficiency in Excel.

Nice To Haves

• FINRA licensing (Series 66) preferred.
• Prior experience conducting investigations and surveillance.
• Prior experience creating and performing testing related to the broker-dealer's annual 3120 testing/reporting and to the registered investment advisor's annual 206(4)-7 testing/reporting, etc.

Responsibilities

• Conduct internal broker-dealer 3120 and registered investment advisor 206(4)-7 annual testing and assist in creating, drafting, and compiling annual reports related to firm testing.
• Review and analyze current policies and procedures; identify, recommend, and assist the business in implementing new and/or enhanced practices.
• Assist the Compliance Manager in reviewing and updating the Regulatory Risk Matrix and Compliance Testing Calendar and creating Management Reporting.
• Develop, produce, and maintain reports to assist in compliance testing and risk mitigation.
• Develop ways to improve the compliance testing program and enhance overall process efficiency/effectiveness.
• Compile information for completion of reporting, including reports for management and state/federal regulators.
• With minimum supervision, perform analysis, identify trends, and follow up on opportunities for enhancement.
• Manage, oversee, and analyze reports from internal business units and third parties (e.g., product providers, sub advisors, audit firms, etc.).
• Update and maintain complete and accurate policies, procedures, and compliance logs or files, to include all testing/sampling records related to the firm's testing.
• Assist team members with research, assigned tasks, and provide training as needed.
• Complete ad hoc tasks as needed by management.

Benefits

• Competitive Pay
• Bonus for Eligible Employees
• Benefits Package
• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities
• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars.
• Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
• Adoption Assistance
• Employee Assistance Program
• College Coach Program
• Back-Up Care Program
• PTO for Volunteer Hours
• Employee Matching Gifts Program
• Employee Resource Groups
• Inclusion and Diversity Programs
• Employee Recognition Program
• Referral Bonus Programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Management of Companies and Enterprises
• Education Level: Bachelor's degree