What are the responsibilities and job description for the Broker Dealer Compliance Specialist position at Cetera Financial Group?
The Broker Dealer (BD) Compliance team is dedicated to ensuring adherence to the Firm's policies and procedures regarding products, processes, and services. Our primary role is to guide and advise internal partners and the field on BD policies, procedures, and the regulations governing our highly regulated industry. We collaborate with our partners to identify solutions to challenges faced by the business while maintaining compliance and, when necessary, provide insights on the associated risks.
This is a hybrid position, requiring two days a week in the office.
Key Responsibilities :
- Respond to inquiries from field and home office personnel to ensure compliance with applicable laws, regulations, and firm policies.
- Manage communications through the Compliance Inbox and Hotline.
- Review and process client accommodation requests from field partners.
- Monitor industry publications and regulatory updates for new rules and notices.
- Assist in updating compliance policies and procedures manuals.
- Oversee surveillance reports and ensure all actionable items are addressed.
- Review and acknowledge requests for Private Securities Transactions.
- Act as a liaison for Security and Vulnerable Adult Incidents with field and internal partners.
- Evaluate Office Sharing arrangements for compliance.
- Provide secondary reviews for regulatory responses.
- Identify risk areas for annual compliance training.
- Monitor and test firm policies based on risk levels.
- Conduct testing (3120 and ad hoc) on specific compliance functions.
- Provide training on compliance topics to field and home office personnel as needed.
- Review and analyze individuals seeking affiliation with the firm.
- Document cases in approved firm tools.
- Stay informed about new products, technologies, and their compliance implications.
- Engage with designated internal contacts, including Principals and Registered Representatives.
- Participate in project work as required.
Qualifications :
Nice to Have :
Compensation :
The base annual salary range for this role is $75,000 to $85,000, plus a competitive performance-based bonus. The base salary depends on various factors including skill set, depth of experience, certifications, and location.
Benefits :
We believe in supporting our employees' overall well-being. In addition to a competitive salary, we offer a comprehensive benefits package for full-time roles, including :
About Cetera Financial Group :
Cetera Financial Group is a leading network of independent retail broker-dealers that empowers financial advisors to deliver objective financial advice to individuals, families, and retirement plans across the nation. Through various distinct firms, Cetera offers independent and institution-based advisors the benefits of a large, established broker-dealer while providing services customized to meet their needs.
Cetera Financial Group is an equal opportunity employer, committed to diversity and inclusion in the workplace.
Salary : $75,000 - $85,000
