Compliance Analyst - Broker Dealer

About the role

The Broker Dealer (BD) Compliance team ensures the Firm’s policies and procedures are applied consistently in the regulatory review of new applicants. We evaluate prospective individuals against the Firm’s standards and industry regulations, guiding internal and external partners through the onboarding and approval process. We identify compliant solutions to support business partners while maintaining regulatory integrity.

Responsibilities

• Conduct thorough reviews of each applicant, including background reports, internet searches, disclosure history, and other information sources.
• Identify regulatory concerns, policy-prohibited issues, and risk factors impacting applicant affiliation.
• Develop and submit targeted questions to stakeholders to clarify discrepancies, address concerns, and obtain missing information.
• Analyze responses to determine overall risk level and recommend next steps.
• Prepare Outside Business Activity (OBA) acknowledgment letters and generate detailed regulatory filing instructions.
• Review Office Sharing arrangements for new applicants to ensure alignment with regulatory and firm requirements.
• Apply critical-thinking and sound judgment when evaluating complex or ambiguous situations.
• Collaborate with internal and external partners to ensure regulatory and firm expectations are met.
• Document findings, decisions, and rationale in accordance with firm policies and regulatory standards.
• Provide secondary review for regulatory responses to ensure accuracy, completeness, and consistency.
• Identify and maintain key risk areas to support compliance training and system improvements.
• Deliver occasional training on compliance topics related to onboarding and applicant review.
• Input cases, documentation, and decisions into firm-approved tools and systems accurately and timely.
• Stay informed on new regulations, policies, and technologies to support proactive risk identification.
• Participate in project work to support department initiatives, including large recruiting deals and acquisitions.
• Assist with phone calls and inquiries through the Compliance Inbox, addressing general compliance questions.

Requirements

• 1-3 years of BD Compliance experience.
• FINRA Series 7 & 24 required.
• High School Diploma at minimum; Bachelor’s Degree preferred.

Skills

• Regulatory Knowledge: Strong understanding of FINRA, SEC, and state regulatory frameworks; ability to interpret and apply industry rules and firm policies.
• Critical Analysis: Ability to evaluate complex information, identify patterns or inconsistencies, and make risk-based determinations.
• Attention to Detail: Ensures accuracy, completeness, and precision in reviewing and documenting information.
• Critical Thinking: Demonstrates sound judgment and logical reasoning in ambiguous situations.
• Communication: Delivers clear, concise, and professional written and verbal communication to stakeholders at all levels.
• Collaboration: Works effectively with cross-functional partners to resolve issues and support compliant onboarding.
• Adaptability: Manages high volumes, shifting priorities, and changing requirements while maintaining quality.
• Confidentiality & Integrity: Upholds strict standards for handling sensitive information with professionalism and ethical responsibility.
• Technology Proficiency: Strong knowledge of Microsoft Office (Excel, Word, PowerPoint) and familiarity with Salesforce (preferred).
• Interpersonal Relations: Builds positive, respectful relationships and fosters trust with internal and external partners.

Pay

The base salary range for this role in Dallas, TX is $66,000 - $95,000 plus a competitive performance-based bonus. Base salary depends on factors including skill set, experience, certifications, and location.

Benefits

• Inclusive health, dental, vision, and life insurance plans supporting diverse lifestyles and preventative care.
• Mental health benefits for employees and their families.
• 20+ days of paid time off (PTO), paid holidays, and 2 paid wellness days.
• 401(k) Savings Plan with a generous company contribution (up to 5%) and access to a financial professional.
• Paid parental leave for birth, adoption, and foster care.
• Health Savings and Flexible Spending Account options for healthcare, daycare, and commuting.
• Employee Assistance Program (EAP), LifeLock, and Pet Insurance.

About Us

Cetera Financial Group® is a leading network of independent retail broker-dealers empowering objective financial advice to individuals, families, and company retirement plans. Cetera is one of the largest independent financial advisor networks in the nation, offering comprehensive support resources, including wealth management platforms, practice management, and innovative technology.