Compliance Testing & Verification Associate

ABOUT US:

Come join the dynamic team at Kestra Financial! Kestra Financial provides a leading independent advisor platform that empowers sophisticated, independent financial professionals, including traditional and hybrid RIAs, to prosper, grow, and provide superior client service. With a culture rich in reinvention and advisor advocacy, Kestra Financial has developed integrated business management technology that, combined with its personalized consulting services, offers exceptional scale and efficiency. Kestra Financial supports independent financial advisors in delivering comprehensive securities and investment advisory services to their clients.

As the Testing & Verification Senior Analyst, you will proactively interact with various departments within Kestra to ensure that written procedures and processes are adequate and faithfully executed within industry regulation and Kestra policy.

ESSENTIAL DUTIES AND RESPONSIBILITIES: To perform this job successfully, individual must be able to execute each essential duty satisfactorily.

• Identify operational and regulatory risk of the firm and participate in ongoing firm risk assessment process
• Test business units for adherence to firm Written Supervisory Procedures and applicable departmental procedures
• Verify the establishment & maintenance of written procedures
• Communicate with management at all levels
• Generate written adequacy/deficiency reports and follow up on remediation efforts
• Proactively assist management to enhance written procedures
• Assist in generation of annual FINRA 3120/3130 and SEC 206(4)-7 reports
• Assist in implementation of firm Anti-Money Laundering & Cybersecurity programs
• Other compliance related duties as assigned by management
• Commitment to culture requires a demonstration of professionalism, accountability, customer/client focus, and teamwork
  
  

KNOWLEDGE, SKILLS, AND/OR ABILITIES: To perform this job successfully, the individual should have the following skills and abilities.

• Sound understanding of Broker/Dealer and Investment Advisory regulations
• Strong team player
• Strong written & verbal skills
• Detail oriented with excellent organizational skills
• Strong conflict management & time management skills
• Proficient use of Microsoft applications such as Word, Excel, & Outlook
• Familiar with SEC, FINRA, MSRB, and other financial industry rules and regulations
• Familiar with Anti-Money Laundering & Cybersecurity regulations and processes
  
  

SUPERVISORY RESPONSIBILITIES: None

EDUCATION AND/OR EXPERIENCE:

• College degree in economics, management, or accounting preferred
• 2 years of experience in broker/dealer operations, auditing, or compliance
  
  

CERTIFICATIONS, LICENSES, REGISTRATIONS:

• Series 7 required
• Series 24 required or ability to obtain within 90 days of hire
  
  

PHYSICAL DEMAND: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to sit at a computer for long periods of time in office environment well lit.
• Ability to lift up to 20 pounds.
• Position is located in Austin, TX office. Must be able to work in the office during scheduled work hours.
  
  

OTHER DUTIES: Please note this job description is not designed to cover or contain a complete comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

INTERNAL APPLICANT POLICY:

Internal applicants must be in good standing and have a minimum of 1 year of service with Kestra. Internal applicants must also have a minimum of 1 year service in current role unless approved by EVP.

BENEFITS:

Full health, vision, dental. 401(k) plans along with a host of voluntary plans such as car insurance, legal services and more (applicable to full-time, permanent employees).

DISCLOSURE

By applying to a job at Kestra Financial, Inc., you are agreeing to the following statements:

• You acknowledge that if hired, Kestra Financial, Inc. may, obtain and use background information concerning your credit, character, general reputation, personal characteristics, work habits, performance and experience for evaluation for your potential employment.
• It is the policy of Kestra Financial to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender, identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Kestra Financial prohibits any such discrimination or harassment.
  
  

KESTRA VALUES:

Our Mission is Powering Financial Independence, enabling the growth and success of investing clients and the advisors who serve them. We do that by living our values: SERVE, MAKE IT HAPPEN, and ONE TEAM.