What are the responsibilities and job description for the Compliance Analyst position at Simplicity Group?
Department: Compliance
Position Title: Compliance Analyst/Licensing and Contracting
Reports to: Director of Compliance, Simplicity Group
Summary: The Compliance Analyst will assist the Director of Compliance in the development, direction and implementation of company-wide policies and procedures. This position requires someone with a compliance background and an interest in obtaining deeper knowledge and additional compliance experience related to a RIA and the insurance industry.
Primary Responsibilities
Travel Requirements: Limited
Position Title: Compliance Analyst/Licensing and Contracting
Reports to: Director of Compliance, Simplicity Group
Summary: The Compliance Analyst will assist the Director of Compliance in the development, direction and implementation of company-wide policies and procedures. This position requires someone with a compliance background and an interest in obtaining deeper knowledge and additional compliance experience related to a RIA and the insurance industry.
Primary Responsibilities
- Lead the Licensing and Contracting function for Simplicity firms
- Assist in maintaining required books and records
- Advise on compliance issues and assist Simplicity in development of procedures
- Support compliance functions such as recordkeeping and communications within the organization
- Support new business/suitability requirements
- Stay abreast of regulatory and legal developments and communicates current state of legislative issues to management
- Assist with regulatory and compliance training
- Partner with Director of Compliance to address compliance requirements with subsidiaries
- Bachelor’s Degree or comparable experience
- 3 years’ experience in compliance or similar role
- Understanding of RIA or BD compliance and the related legislative, regulatory, distribution requirements associated with them
- Experience within a financial institution in a licensing and contracting role or similar.
- Preferred licenses - Series 6/650 (not required)
- Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures
- Ability to anticipate, monitor, and supervise compliance risks
- Proficiency with Microsoft Office and Google Suite
- Creative problem-solver
- Proven strategic decision-making ability
- Thrives in a highly dynamic, fast-paced environment, within tight deadlines while quickly shifting priorities, serving multiple customers and managing multiple assignments
- Demonstrated leadership and a self-starter
- Collaborative team player
- Able to balance the needs of the business within regulatory parameters
- Outstanding and consistent communication skills
- Ability to effectively partner with business clients by anticipating business needs and working toward success in a productive/timely manner within scope of responsibility
- Strong written and verbal communication skills
- Demonstrated strong relationship management skills with both internal and external partners, clients
- Demonstrates ability to use sound judgement and discretion regarding confidential information
- Base salary: $75,000 - $85,000, based on experience
- Performance bonus target: 10%
- Employee benefits (health, 401k, life, etc.)
- Paid Time Off
- Paid Parking
Travel Requirements: Limited
Salary : $75,000 - $85,000
