Home Office Principal - Surveillance

Lincoln Investment

$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years in the securities industry, particularly in compliance/supervision.
  • Knowledge of FINRA, SEC, MSRB, and ERISA regulations for broker/dealers and investment advisors.
  • Understanding of various securities and insurance products, like variable and fixed annuities.
  • Proficiency in Microsoft Office, particularly Word and Excel, plus basic PowerPoint skills.
  • Bachelor's degree or equivalent experience; relevant licenses (Series 7, 24, 53, and 66) required.

Responsibilities

  • Review Firm Exception Reports daily to identify compliance risks and report to leadership.
  • Collaborate with Compliance and other departments to ensure adherence to policies and procedures.
  • Help develop and enhance surveillance policies and controls.
  • Update procedural manuals and supervisory procedures as necessary.
  • Assist in creating and implementing new compliance memoranda.
  • Participate in special projects as required.

Benefits

  • Professional development opportunities in compliance and supervision.
  • Collaboration with experienced compliance professionals.
  • Engagement in ongoing training on industry regulations.
  • Possibility of contributing to policy development and procedural enhancements.
Full Job Description


Basic Function: The primary responsibility of this position is to provide surveillance of firm-wide sales practices to detect and prevent trends that fail to be in compliance with firm policies and procedures and/or may be "at risk" issues for the firm.

Responsibilities
  • Daily review of Firm Exception Reports and Tools to identify activity or trends that pose a heightened risk to the firm and provide notification/reporting to Vice President of Supervision and/or Chief Compliance Officer when matter may be material.
  • Work with the Compliance Department, Designated Supervisors, Financial Professionals and Home Office Employees on the education, communication and enforcement of Lincoln's policies and procedures.
  • Contribute to the development and improvement of surveillance policies, procedures, and controls.
  • Other tasks as needed which may include but are not limited to:
    • Contribute to the update of procedural manuals or written supervisory procedures as needed.
    • Assist in the creation and/or implementation of new DS/FP Compliance Memorandums as needed.
    • Work on special projects as needed.


Skills
  • Ability to gather and analyze data to identify activity or trends that pose a risk to the firm and bring these matters to supervisor's attention.
  • Aptitude to assess a situation and make a decision on how to move forward.
  • Ability to keep accurate records.
  • Capacity to work independently.
  • Excellent oral and written communication skills.
  • Organizational and time management skills (e.g., ability to effectively manage multiple priorities).
  • Ability to conduct oneself in a diplomatic and professional manner.
  • Offer creative solutions to issues.
  • Project management capabilities.
  • Exceptional attention to detail.


Knowledge/Experience
  • Three to five years of experience in the securities industry (preferably in compliance and/or supervision).
  • Working knowledge of FINRA, SEC, MSRB and ERISA rules & regulations as they apply to both broker/dealers and registered investment advisors.
  • Thorough understanding of securities products, insurance products (including variable annuities, equity indexed annuities and fixed annuities) and investment advisory programs.
  • Extensive word processing (Word) and spreadsheet (Excel) experience in Windows environment, presentation (PowerPoint) knowledge.


Education/Training
  • Bachelor's degree in a related field or the equivalent combination of education and/or experience

Certification/Licenses
  • Series 7, Series 24, Series 53, and Series 66 (or equivalent, i.e. Series 63 & Series 65) licenses required.
  • Series 9/10 preferable.
  • Series 4 helpful but not required.


Physical and Other Requirements
  • May sit at workstation for extended periods of time
  • May view computer screen for extended periods of time
  • Periods of fast pace are normal particularly when working to meet deadlines


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