About the RoleEquitable is looking for a
Regional Controls Manager (RCM) to join our branch compliance team. Reporting in to the Lead Regional Controls Manager / Central Supervision Unit, you will take the lead on assessing, quantifying, testing and implementing controls to ensure compliance with internal business process rules and external regulations. The
RCM is responsible for providing compliance support to Equitable' s branch locations both regionally and locally, including IL, PA, VA, D.C., MD, NC and SC.
This position offers a
remote work arrangement plus
up to 30% travel as required for onsite branch examinations based on business needs.
What You'll Be DoingDuties and Responsibilities- Conduct risk-based periodic and for-cause examinations of Non-Supervisory Branch Offices (NSBOs) and Non-Branch Locations in accordance with FINRA Rule 3110, firm supervisory procedures, and regulatory requirements.
- Perform onsite and remote examinations utilizing approved technologies to assess compliance with SEC, FINRA, and firm policies, and evaluate the effectiveness of operational and supervisory controls.
- Execute annual supervisory reviews of financial professionals, including assessment of customer account documentation, books and records, Annual Compliance Questionnaires, Outside Business Activities (OBAs), Doing Business As (DBAs), Forms U4, BR, and ADV Part 2B, advertising and communications, electronic communications, information protection practices, and social media activity.
- Prepare examination workpapers and reports that document findings, risk assessments, and corrective action recommendations; monitor and validate remediation efforts through completion.
- Maintain examination records in accordance with regulatory recordkeeping requirements.
- Partner with Compliance, Legal, Risk Management, Operations, and supervisory personnel to address findings, provide regulatory guidance, and support continuous improvement of examination programs and testing methodologies.
- Conduct reviews of Financial Professional social media profiles, including LinkedIn, Facebook, and Instagram, to ensure compliance with applicable regulatory and firm requirements.
Documentation & Reporting- Prepare comprehensive examination workpapers and supporting documentation.
- Draft examination reports detailing findings, observations, risk ratings, and corrective action recommendations.
- Track remediation efforts and validate completion of corrective actions.
- Maintain examination records in accordance with regulatory retention requirements.
Collaboration- Partner with Compliance, Legal, Risk Management, Operations, and Supervisory personnel to address examination findings.
- Provide regulatory guidance and compliance education to field personnel.
- Support the development and enhancement of examination methodologies and testing procedures.
Core Competencies- Regulatory Compliance & Risk Assessment
- Examination & Audit Execution
- Analytical & Critical Thinking
- Communication & Relationship Management
- Professional Judgment & Integrity
- Organization & Time Management
- Continuous Improvement
Success Measures- Timely completion of assigned examinations.
- Quality and accuracy of examination reports.
- Effective identification and escalation of compliance risks.
- Successful remediation and closure of examination findings.
- Adherence to regulatory and internal examination standards.
- Positive results during regulatory reviews and audits.
The base salary range for this position is
$80,000 - $90,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program
QualificationsWhat You Will BringRequired Qualifications
- Bachelor's degree or equivalent professional work experience.
- FINRA Series 7 and 24 registrations, active upon hire.
- 5+ years experience in the financial services industry.
- Deep knowledge of Life Insurance, Annuities and Broker Dealer products.
- Expertise in FINRA, SEC, and broker-dealer regulatory requirements, including FINRA Rule 3110.
- Experience conducting onsite, remote, and virtual compliance examinations.
- Proficiency with Microsoft Office Suite and compliance platforms including Pinpoint, Proofpoint, SRS Suitability Review System, RegEd AuditTrax, and FINRA Gateway.
Preferred Qualifications
- Solid analytical, investigative, critical-thinking, and problem-solving skills.
- Excellent written and verbal communication skills, with the ability to clearly document findings and provide regulatory guidance.
- Exceptional organizational skills and ability to independently manage multiple examinations and competing priorities.
SkillsAccuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Audit and Compliance Function: Knowledge of major responsibilities and tasks of Audit and Compliance (A&C) function; ability to manage the operation of A&C function in various business environment.
Customer Focus: Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and ability to leverage that information in creating customized customer solutions.
Regulatory Environment - Financial Services: Knowledge of regulatory environment; ability to help an organization comply with regulations at the federal, state and local level and follow the organization-specific policies and guidelines, affecting business practices.
Risk Management: Knowledge of processes, tools and techniques for assessing and controlling an organization's exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations.
Securities Laws and Regulations (SLR) Compliance: Knowledge of securities laws and regulations; ability to find out and comply with relevant laws and regulations during business activities.
