Proven ability to collaborate effectively with Financial Advisors and team members.
Experience in compliance, operations, and personnel management essential.
Must uphold high confidentiality and ethical standards.
Strong communication skills for conveying policies and procedures to staff.
Fluency in English and Spanish preferred.
Responsibilities
Oversee all risk, supervisory, and compliance functions for the Branch Office.
Manage supervisory inquiries that require escalation.
Ensure adherence to business ethics and regulatory practices.
Guide employees on policies and procedures.
Review and approve new client accounts efficiently.
Create procedures for timely handling of requests and approvals.
Review all incoming and outgoing correspondence.
Support AML, compliance, and operations by resolving issues.
Benefits
Opportunity to work in a key management role within the Private Client Division.
Engagement with a diverse team and collaboration with Financial Advisors.
Involvement in training on policy and operational changes.
Exposure to internal and external audits, enhancing professional development.
Potential for discretionary bonuses based on performance.
Full Job Description
Job Description
The Branch Control Officer (BCO) is an integral part of the Branch Office management team. The BCO reports to the Risk Officer in our Private Client Division New York Headquarters, with a dotted line to the Branch Office Manager (BOM).
Your Role and Responsibilities (not limited to):
Risk, Supervision and Compliance:
Primary responsibility is for all risk, supervisory and compliance for the Branch Office.
Handle any and all supervisory inquiries that require escalation.
Oversee business ethics and regulatory practices.
Provide guidance on policies and procedures to employees.
Review and approval of new client accounts.
Create procedures to ensure requests/approvals are handled timely.
Review all correspondence (incoming/outgoing).
Assist and support AML, compliance, and operations by working to resolve any issues.
Legal:
Handle all complaints and work with the Legal department to respond.
Key contact for internal and external branch audits.
Active involvement in training on policy and operational changes.
Operations:
Approve some cashiering related transactions (KYC, sign checks, option approval, third party, check deposits.
Intelligent, enthusiastic self-starter with proven ability to work closely with FAs and other team members.
Must have compliance and operation experience along with personnel management experience.
Must be able to maintain the highest level of confidentiality and ethical standards.
Ability to communicate policies and procedures effectively to office personnel.
Fluent in English and Spanish preferred
Compensation:
This salary range is specific to the City of Miami and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $100,000.00 - $140,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.
About Oppenheimer Holdings
Oppenheimer Holdings Inc. is a leading middle market investment bank and full service broker-dealer that has been providing investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services for over 130 years. The company is headquartered in New York City and has offices in major financial centers around the world. Oppenheimer Holdings Inc. is a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol OPY.
