Surveillance Analyst

About the Role

Analyze data extracted from Firm records and other sources to assess compliance with regulatory requirements and Firm policies, adherence to suitability standards, and appropriateness of rationale for account activity based on facts and circumstances. This position requires the ability to grasp complex concepts coupled with understanding and analysis of investment strategies and risk management techniques. The role involves basic administration of technology platforms with a focus on increasing automation and workflow efficiency and interactions with various business areas within the Firm.

What You Are Good At

• Risk Identification: Experience and proficiency in identifying risk in client suitability and investment strategy concepts.
• Communication: The ability to communicate effectively with internal clients using empathy and persuasion.
• Technology Maintenance and Testing: Comfort in and experience with basic administration functions of technology platforms including quality assurance and testing.
• Organization and Time Management: The ability to take on multiple requests at once and effectively complete tasks in an efficient manner.

Responsibilities

• Review reports generated from various sources designed to highlight transactions or account conditions that appear to be exceptional in nature.
• Conduct statistical analysis of data across compliance to identify patterns of unusual activity in regards to compliance governance.
• Improve operational efficiencies through automation and technology-driven solutions.
• Investigate transactions or account conditions that appear to be exceptional in nature utilizing various online sources of information.
• Provide quantitative support to manage compliance risk across the various business areas of the firm.
• Basic administration, maintenance, and testing of risk-based technology platforms including FIS Protegent and Global Relay.
• Work with the information technology group to document business requirements and to ensure methodologies are accurately implemented in production systems.
• Maintain records of issues requiring resolution, record interactions with supervisors and others, memorialize outcomes.
• Assist in researching and responding to SEC, FINRA, MSRB, and other regulatory inquiries.
• Revise applicable compliance policies and procedures on an as-needed basis.
• Collaborate with colleagues on cross-departmental initiatives.
• Participate in and/or complete special projects, investigations, or assignments.
• Complete ad hoc assignments in the general areas of compliance risk management and analytics.

Requirements

• Bachelor's degree preferred or equivalent experience.
• FINRA Series 7 & 66 Securities License preferred; or the ability to obtain within the first 6 months of employment.
• Minimum 3 years regulatory or brokerage experience in surveillance, inspections, or branch supervision.
• Knowledge of securities laws, rules, and regulations applicable to investment advisers and broker-dealers.
• Knowledge of Thomson Reuters BETA platform and/or ProSurv a plus.
• Knowledge of broker-dealer products, including, but not limited to: equities, options, fixed income, derivatives, annuities, and investment advisory services preferred.

Skills

• Ability to conduct research and work on projects independently or with little guidance and present results to non-technical teams.
• Proficiency in MS Word and Excel.
• Excellent organizational, analytical, and problem-solving skills.
• Outstanding written and verbal communication skills.

Benefits

• Paid Parental Leave
• Generous Paid Time Off
• Eligibility for a $2,000 referral bonus
• Employee Ownership
• Professional Development Assistance Plan