Compliance Officer

Come work for a growing financial services company with opportunities for advancement. We are seeking a Compliance Officer to join our team and help us uphold the high standards we have set for ourselves and our partners. We have a clean compliance record, and we intend to keep it that way. If you enjoy helping people understand and follow the rules in a pro-active and caring manner, this career could be the right fit for you.

We value integrity and accountability, and we expect the same from our employees and partners. That is why our Compliance & Standards Team works closely with our advisors on everything from paperwork to marketing to financial institution audits. Our diligence serves to protect the advisor and the institution so advisors can focus on their clients’ future.

Job Purpose:

The Compliance Officer functions as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization. The position ensures management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company’s Code of
Conduct. This is an entry-level position with room for growth.

Some Job Functions include:

• Manage and implement compliance, regulatory policies, and procedures. Develop and maintain corrective action plans in response to compliance or audit findings.
• Development and oversight of policies & procedures that ensure compliance with statutes and regulations.
• Perform branch audits as needed to comply with organizational standards.
• Respond to inquiries and resolve issues with Advisors in the field, home office staff, and clearing firms.
• Assist team with FINRA and SEC audits for the Broker/Dealer and Registered Investment Advisor as well as independent audits
• Update job knowledge by participating in educational opportunities, reading professional publications, and maintaining personal networks.
• Act as project manager for special projects, which may include planning and coordinating multiple presentations, disseminating information, coordinating direct mailings, creating brochures.
• Performs other duties as assigned or required.

Skills/Qualifications:

• Bachelor’s degree in accounting or finance and/or at least three years of relevant experience working in compliance programs, internal controls programs, internal audit, external audit, etc.
• Must possess excellent attention to details, decision-making and organizational skills as well as the ability to work well independently
• Must be able to respond to inquiries from regulatory agencies, courts, and outside consultants
• Must have excellent verbal and written communication skills and the ability to safeguard confidential information
• Proficiency with all Microsoft Office applications, especially Excel, Word, and Outlook
• Excellent project management and process management skills
• Strong reasoning and critical thinking skills, often dealing with complexity
• Willingness to pursue continuing education and professional growth and development

Work Environment/ Physical Demands:

This job operates in a professional office environment. This role routinely uses standard office equipment such as personal computers, telephones, photocopiers, and filing cabinets. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand, as necessary.

Position Type and Expected Hours of Work:

This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m. or 8:30 a.m. to 5:30 p.m.

Required Education and Experience:

Licensing of FINRA S7 or S65 is mandatory.

Licensing of FINRA S66, S24, S53, and resident insurance producer license or ability to acquire these licenses quickly after hiring is a must.

Benefits: 401k with match; Health insurance; Paid holidays; Paid time off

About Midwestern Securities:

Midwestern Securities Trading Company is an independent broker/dealer and Registered Investment Advisory firm that helps community-minded financial institutions GROW their non-interest income and PROTECT their customer base through a turn-key Investment Services Division. Unlike some other broker/dealers, our partner investment services divisions are branded and owned by the institution.

Doing what is best for our clients is the focus of every team member. Our home office team prides itself on providing superior support, coaching and guidance to our financial advisors in the field. We offer many opportunities for growth for employees willing to work hard and take advantage of opportunities for professional improvement. Come grow with us!

No Visa Sponsorship. Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Job Type: Full-time

Pay: $50,000.00 - $80,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Paid time off
• Professional development assistance

Schedule:

• Day shift
• Monday to Friday

Experience:

• Microsoft Powerpoint: 1 year (Preferred)

License/Certification:

• FINRA Series 7 or Series 65 (Required)

Work Location: In person

Salary : $50,000 - $80,000