Purpose of role
Develops and maintains a sufficient understanding of firm policies and procedures and relevant regulations, including current regulatory priorities, to permit the detection of potential policy or regulatory violations by employees. Additionally, performs daily surveillance of securities transactions, handles registration and communication red flags, and actively investigates client complaints and potential violations of firm and regulatory policies and procedures, and reviews books and records for completeness and accuracy.
Acquire and maintain the core skills and knowledge of relevant rules and regulations.
Perform daily surveillance of securities transactions received from sales offices.
Review trade reports from various sources for suitability and/or regulatory concerns.
Travel to sales offices and conduct annual and special compliance inspections by reviewing the books and records, interviewing personnel, and observing day-to-day operations in the office.
Handle customer complaint responses and investigations.
Conduct special reviews and investigations of alleged violations of company policy and/or securities rules.
Enforce the Electronic Communications policy by conducting ongoing and targeted reviews of email correspondence and other postings to/from employees of the firm. Handle internal and external requests regarding to how to follow compliance policy and procedures.
Provide comprehensive written and verbal reports to management, including but not limited to, surveillance, investigations, and sales offices inspections.
Ensure all required internal and regulatory reporting is conducted in a timely, accurate, and compliant manner.
Experience and Background Requirements
Active FINRA Series 6 and/or Series 7, or the ability to obtain within the first 12 month of employment.
Strong organizational skills and the ability to communicate progress effectively.
Superior written and oral communication skills.
Proficient in Microsoft Word, Excel, Access and accurate typing skills.
Travel an average of one week per month.
Must have a valid driver's license and access to a vehicle.
Foresters Financial is an Equal Opportunity Employer.
Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team. Foresters Financial is committed to supporting diversity and accessibility. If you require an accommodation throughout the recruitment process, we will work with you to meet your needs.