COMPLIANCE ANALYST - BROKER/DEALERWHAT IS THE OPPORTUNITY?
The Compliance Analyst will be responsible for monitoring, oversight and independent review and assessment of the Compliance framework for the Wealth Management Broker-Dealer Entities. Ensure processes are in place for the appropriate oversight, tracking and reporting of compliance program risks that includes an internal control structure, new products, training, regulatory change management, risk assessments, issues management, and monitoring and reporting.
WHAT WILL YOU DO?
- Assist in the development, administration, and monitoring of programs that ensure the Broker-Dealer Entities's compliance with laws, regulations, and rules
- Evaluate the effectiveness of existing processes and recommend new processes that most effectively anticipate, manage, and reduce risk to the business.
- Assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.
- Provide guidance on licensing/registration matters.
- Supports the timely and effective resolution of complex issues identified through monitoring
- Develop and communicate recommendations that support adherence to regulations, industry best practices and internal risk programs
- Partners with other business units on complex compliance matters.
- Maintain subject matter expertise and understanding of the laws, rules and regulations with which the business must comply and an awareness of issues of recent regulatory focus.
- Escalate and measure compliance risk issues to leadership and the lines of business, as well as the 1st and 2nd Lines of Defense, as necessary.
- Assess compliance issues presented through complex new/revised product and service offerings and work closely with senior leaders of business units to plan a response.
- Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
- Maintain Wealth Management Broker-Dealer Entities internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*- Bachelor's Degree or equivalent
- Minimum 4 years of banking experience
- Minimum 3 years of risk management or compliance experience
- Minimum 3 years of Advanced level experience in Microsoft Office skills, including Word, Excel, Access and PowerPoint
Additional Qualifications- Series 7 is preferred
- Demonstrated experience with regulations impacting broker-dealer clients and/or business unit functions preferred.
- Demonstrated strong and sound decision making abilities about compliance risks and recommended corrective action.
- Ability to work well in a time-sensitive environment and handle a variety of matters or projects simultaneously.
- Proficiency in analyzing diverse business functions and processes to identify key risks and demonstrated success with implementing control improvement recommendations.
- Proficiency of Microsoft Office applications such as Excel, Access, Word and PowerPoint. Tableau experience preferred
- Excellent organizational and analytical skills.
- Ability to communicate clearly and professionally with all levels of an organization.
- Excellent written and verbal communications skills.
- Effective interpersonal skills.
- Proficiency in multi-tasking and prioritizing projects.
- Excellent time management skills and be accustomed to working with deadlines.
- Experience communicating and interacting with federal, state and administrative regulatory agencies, including exam management and other regulatory affairs.
- For Wealth Management Compliance roles, experience with a financial institution such as a broker/dealer and/or registered investment adviser.
WHAT'S IN IT FOR YOU?CompensationStarting base salary: $70,000 - $120,000 per year Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and PerksAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
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