What are the responsibilities and job description for the Branch Examiner position at Social Capital Resources?
Job Description:
The Branch Examiner is responsible for conducting regular audits and inspections of branch operations to ensure compliance with internal policies, regulatory standards, and financial controls. This role involves reviewing transactions, assessing branch procedures, identifying risks, and recommending improvements to enhance operational efficiency and security. This position requires extensive travel.
Key Responsibilities:
The Branch Examiner is responsible for conducting regular audits and inspections of branch operations to ensure compliance with internal policies, regulatory standards, and financial controls. This role involves reviewing transactions, assessing branch procedures, identifying risks, and recommending improvements to enhance operational efficiency and security. This position requires extensive travel.
Key Responsibilities:
- Perform detailed reviews of financial transactions and branch operations.
- Travel of 65% is required.
- Assess internal controls and identify potential risks or discrepancies.
- Ensure compliance with regulatory guidelines and company policies (State, Client and SEC regulations).
- Prepare reports on audit findings and present recommendations for improvement.
- Work closely with branch staff to address operational issues and provide training on best practices.
- Educate and coach registered representatives and non-registered administrative personnel on the Broker/Dealer and RIA books and records requirements as well as company policies.
- Identify solutions in response to field issues.
- Track and monitor the resolution of deficiencies noted during branch examinations.
- Adhere to firm travel expense and reimbursement policies to ensure staying within budget.
- Support the development of processes to enhance branch efficiency and reduce risk.
- Bachelor's degree or equivalent industry experience preferred.
- Two years auditing experience in a broker/dealer environment or 5 years of industry experience is a must.
- Requires Series 7 license and Series 24 license.
- Strong attention to detail and analytical skills.
- Excellent written and oral communications skills.
- Ability to prioritize multiple tasks and manage projects effectively.
- Ability to work independently and focus on job tasks with little hands-on supervision.
- Ability to plan and coordinate audit visits and travel arrangements.
- Ability to execute and complete audit processes in a timely manner.
- Software knowledge of MS Word, Excel and Outlook.
- Knowledge of financial auditing, compliance regulations, and operational processes (SEC, Client and State regulations of securities and insurance.)
- Extensive travel required.
- 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.
