Trade Review Principal (Operations Compliance)

Urbandale, Iowa, United States • Full-time

About the role

This position will have supervisory responsibility for Brokers International Financial Services, LLC registered representatives and investment advisory representatives. The Trade Review Principal (TRP) requires industry knowledge and operational experience related to suitability and trade review, along with strong time management and organizational skills.

Responsibilities

• Provide Principal review and approval of transactions while working within the firm’s established suitability guidelines and time frames.
• Provide Principal review and approval on a variety of business types: mutual funds, annuities, variable life insurance, 529 plans, financial planning, alternative investments (REITs and DPPs), advisory, and brokerage transactions.
• Review brokerage and advisory accounts held through clearing firms to ensure the account opening process follows all company guidelines.
• Conduct ongoing customer account reviews to detect potential sales abuses.
• Maintain product knowledge.
• Provide education and training to representatives concerning regulatory, corporate, and legal requirements, general product offerings, licensing issues, as well as internal processes and procedures.
• Notify advisors when a transaction conflicts with a client’s investment profile, a company policy, or an industry regulation.
• Work with advisors to resolve escalated issues surrounding these investments.
• Collaborate with the Compliance Department as needed to address regulatory concerns or improper sales practices.
• Develop process improvement recommendations to enhance department workflow.

Requirements

• Must display Integrity’s Core Values.
• Advanced technical knowledge and understanding of broker-dealer and RIA business processes.
• Thorough understanding of rules, regulations, and legal requirements of the SEC, FINRA, MSRB, AML, and state securities regulators.
• Product knowledge in variable life, variable annuities, mutual funds, managed accounts, financial planning, and securities.
• Strong conceptual skills with an ability to deliver big ideas that drive results.
• Exceptional written and verbal communication skills.

Qualifications

• 2–4 years of prior financial services experience.
• Four-year college or university program certificate; or equivalent combination of education and experience.
• FINRA Series 7, 24, 65/66 required. Series 4 and 53 required within 6 months.
• Insurance and securities license(s) in state(s) of operation for life, health, and variable annuity may be required.

Schedule

• Office position.
• Travel up to 10%.

About Integrity

Integrity is one of the nation’s leading independent distributors of life, health, and wealth insurance products. With a strong insurtech focus, we embrace a broad and innovative approach to serving agents and clients alike. Integrity is driven by a singular purpose: to help people protect their life, health, and wealth so they can prepare for the good days ahead.

Integrity offers a family-like environment that is rewarding and cutting-edge. We put our people first, providing competitive compensation and benefits that support you and your family. Headquartered in Dallas, Texas, Integrity is committed to meeting Americans wherever they are—in person, over the phone, or online. Our employees support hundreds of thousands of independent agents who serve the needs of millions of clients nationwide.