Compliance Examiner I - Supervision (Midwest Region)

?  One of the following:

?  12-18 months securities industry experience

?  One year securities compliance experience

?  Ability to communicate with co-workers, customers, and various business contacts in a courteous and professional manner

?  Ability to obtain Series 7 and 24 licenses within 6 months of hire

?  Ability to earn Series 63 and 65/or 66 license within 9 months of hire

?  Ability to investigate and research situations

?  Ability to maintain confidentiality

?  Ability to make rule-based and analytical decisions

?  Ability to organize, prioritize, and handle multiple tasks

?  Ability to travel 50% of the time

?  Ability to be at work on a regular basis

?  Knowledge of general securities industry terminology and practices

?  Skill in operating various office equipment such as personal computer, fax machine, copier, etc.

?  Skill in utilizing various software packages such as  Microsoft Office & Outlook

?  Skills in verbal and written communication

 

Position Duties/ Tasks:

This position is responsible for, but not limited to the following:

1.  Schedule, plan and do pre-audit preparation for branch office audits.

2.  Conduct branch office audits including interviewing branch office manager and associated persons.

3.  Verify responses to audit questionnaire and interviews.

4.  Examine branch office files and transaction records for compliance with regulatory requirements and SAI procedures.

5.  Organize, distribute (as needed) and file the audit materials when received and input appropriate information into MIPS after audit has been completed including the annual representative reviews.

6.  Make all travel arrangements for the Branch Office audits including airline, hotel and rental car arrangements.

7.  Request and review outside brokerage account statements for all representatives in region and follow-up as necessary.

8.  Prepare audit letter specifying compliance violations and deficiencies.

Ÿ Follow-up with registered representative and regional supervision team on audit responses.

9.  Report and consult with Regional Supervision Team regarding all questionable audit issues and quarterly OSJ compliance checklists.

10.  Support the supervisory and compliance functions of the Regional Supervision Team.

11.  Review and follow-up as necessary on all quarterly OSJ compliance checklists.

12.  Provide a monthly summary of audits completed, audits planned, and open issues to the Senior Compliance Examiner.

13.  Respond to compliance questions from registered representatives, registered representative's office staff, and SAI employees.