Advisor, Compliance PCG Branch Exams

Job Description Summary

Under general supervision, uses knowledge and skills obtained through experience, specialized training and/or certification in securities industry to conduct remote and onsite branch examinations of retail brokerage offices throughout the U.S. Exams include reviews of various supervisory systems, setting and circumstances of the physical location, onsite files, related documentation, and employee interviews to ensure adherence with firm policies, procedures, and guidance, as well as federal and state rules and regulations.

Examiner is responsible for detailed documentation of all testing activities, as well as communication of the testing results to the branches. FINRA Series 7 expected and 9/10 or 24 to be obtained within prescribed time frame.

• Execution of the risk-based branch exam program in primarily non-registered Private Client Group branches across the country.
• May work with a seasoned examiner for an extended period.
• Adherence to established exam program guidelines and protocols.
• Detailed documentation of testing in branch exam system and related work papers.
• Ensure prescribed sample methodologies are used and resulting sample sizes provide an adequate reflection of the activity being tested.
• Use professional judgement to know when to “ask the next question” as potential risk areas are identified.
• Apply the appropriate risk weight to a given testing activity and/or finding level.
• Clear communication of all exam findings to branch management and exam managers.
• Provide reporting of exam findings and complete any related follow up in a timely manner.
• Ensure risks and adverse trends are identified and escalated.
• Provide compliance guidance to business partners, as needed and with guidance from exam managers and/or senior members of the exam team.
• Maintain interaction with Compliance and Supervision partners, as needed.
• Remain cognizant of and raise opportunities to clarify or enhance exam program and processes.
• Role is anticipated to be a feeder position for the Sr. Examiner role through development and meeting licensing requirements.
• Complete special and ad hoc reviews and projects, as identified, in a quality and timely manner.

• Concepts, practices, and procedures of securities industry and/or banking compliance reviews.
• Rules and regulations of the Securities Exchange Commission (SEC);
  Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies; and/or Federal Deposit Insurance Corporation (FDIC);
  Office of the Comptroller of the Currency (OCC);
  Federal Financial Institutions Examination Council (FFIEC);
  Office of Thrift Supervision (OTS);
  Federal Reserve System; and state banking regulatory agencies.
• Fundamental investment concepts, practices and procedures used in the securities industry.
• Principles of banking and finance and securities industry operations.
• Financial markets and products.

• Monitoring compliance programs.
• Integrating and aligning compliance processes and procedures with business processes.
• Coordinating complex compliance activities.
• Providing support and guidance for compliance efforts.
• Identifying and implementing controls and quality assurance processes.
• Reviewing materials for compliance with rules and regulations.
• Researching compliance issues.
• Developing compliance training programs.
• Gathering information and preparing oral and written reports.
• Preparing and delivers written and oral presentations.
• Investigating compliance irregularities.
• Making rule-based and analytical decisions.
• Operating standard office equipment and using required software applications.

• Attend to detail while maintaining a big picture orientation.
• Gather information, identify linkages and trends, and apply findings to assignments.
• Interpret and apply securities and/or banking regulations and identify and recommend compliance changes as appropriate.
• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
• Use appropriate interpersonal styles and communicate…