FINRA Compliance and Licensing Coordinator

The role of the Compliance Coordinator will oversee the daily activities of the compliance organization while driving improvement initiatives through discovery to execution.

As the compliance coordinator, you will shape the adoption of the department’s chosen compliance programs, report to the leadership team on progress, communicate across the organization and take accountability for the delivery of sound compliance externally to regulators and internally to all stakeholders.

Position Responsibilities

• Identify, review, and address compliance issues to consistently ensure that the OSJ and sales offices remain compliant with broker-dealer, regulatory and OSJ requirements

• Expertly process and complete suitability reviews of direct-way, brokerage and advisory new business. Conduct thorough review of each piece of paperwork to check for any missing information and seeks to actively correct missing information

• Consistently and clearly communicate with registered representatives and sales offices to make sure they are aware of compliance requirements, and to make remaining compliance as efficient and effective as possible

• Oversee all associated persons’ compliance with broker-dealer and industry requirements with regard to issues such as, but not limited to: annual compliance meetings firm element continuing education, regulatory element continuing education, outside business activities, social media, email addresses, correspondence, advertising and sales literature, blotters and logs, licenses and state registrations, branch personnel files, broker-dealer consulting programs, client files, advisory client files, cash/noncash compensation, checks and securities

• Immediately address any possible client complaints with OSJ and or broker-dealer compliance department

• Stay aware of and communicate to registered representatives and sales offices current industry and broker-dealer compliance practices and policy changes

• Provide training and supervision to all staff on systems, firm guidelines and forms and documentation requirements in regard to compliance issues to ensure policies and procedures are consistently followed

• Identify suspicious patterns of practice and conduct investigations based on findings deemed to be in violation of the firm’s current guidelines. Take appropriate corrective action as needed in collaboration with OSJ and broker-dealer’s compliance department

• Effectively interface with broker-dealer and security industry regulators on audits and regulatory inquiries. Ensure all audits are conducted and documented according to broker-dealer and regulatory requirements, including, whenever warranted, completed and documented follow-up

• Periodic visits to our brokers in Massachusetts, Vermont and Connecticut
• Special projects and all other duties as assigned

Required Skills and Experience

• BA/BS degree required, MBA preferred
• 7 or more years’ experience in financial regulatory compliance leadership
• 5 years Broker/Dealer knowledge industry experience
• Proven experience in financial regulatory compliance leadership including comprehensive work history in satisfying regulators (SEC, FINRA, etc.)
• Ability to manage relationships and interact respectfully and professionally with internal and external customers during conflict or stressful situations
• Requirements analysis and developing standards
• Strong analytical skills and dealing with complexity
• Legal compliance
• Financial planning and strategy
• Adherence to strict ethical and client confidentiality policies
• Maintain compliance in accordance with firm policies and procedures
• Contribute to a respectful office culture and safe working environment
• Proficient to advanced Microsoft Office skills (Word, Excel, PowerPoint, etc.)
• Systems experience including Retail, Albridge, Money Guide Pro, NetX360/Pershing and SunGard Trade Review Tool preferred

 Registrations:

Active FINRA registration including Series 7 and 66 are required

Life and Health Insurance Licenses (preferred)
 

About SterlingBridge   

At SterlingBridge, we recruit individuals who fit our culture and values. The atmosphere is fun, friendly but with a high degree of professionalism. We respect our colleagues, customers and business partners. It is a challenging, dynamic and energized environment, with opportunities for personal and professional growth. If you are open-minded, driven and quick to learn we want to speak to you.

SterlingBridge has more than a half-century of insurance industry know- how, insurtech leadership, and a "We're On It" spirit. We understand insurance agents, customers, and the tools they need to thrive.

SterlingBridge offers a friendly environment and competitive salary in addition to the following benefits: Generous Paid Time Off, Health & Dental Insurance, Life Insurance, Short & Long Term Disability, Garage Parking, Matching 401(k), Pre-tax Medical & Dependent Care Reimbursement, Insurance licensing continuing education opportunities and free employee networking events.

Registered Representatives offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC. Cetera is under separate ownership from any other named entity. Branch: 38 Austin Street, Worcester, MA 01609

PM17

Salary : $60,000 - $80,000