Broker Dealer Sales Channel Compliance
The Legal Compliance team oversees BlackRock's compliance with applicable laws and rules, and is responsible for, among other things, establishing legal and compliance policies and procedures that meet applicable regulatory requirements and testing the operative effectiveness of those policies and procedures; overseeing all regulatory matters; coordinating all regulatory exams and legal proceedings; negotiating contracts; and providing compliance training.
We are sourcing for a dynamic and enthusiastic compliance professional who functions in an efficient, detail-oriented, and proactive manner. The candidate should be a team player, extremely motivated, resourceful, organized, communicative, and able to leverage the managers' time by completing tasks independently with strong attention to detail.
The Broker-Dealer Channel Compliance VP will be required to partner with the firm's Legal and Compliance team to work proactively to maintain, enhance and develop a robust channel compliance framework and program for both the GCG Institutional, Retail, DC and iShares businesses. Primary focus will include oversight and implementation of broker-dealer supervisory programs, written supervisory procedures and branch office supervision.
Key Job Responsibilities:
This position is responsible for assisting with executing all broker-dealer channel compliance-related functions, including FINRA, SEC, OCC and ERISA rules and regulations. The successful candidate will:
- Assist with establishing compliance policies and procedures in accordance with regulatory requirements and firm policy; update existing compliance policies and procedures when necessary.
- Monitor supervisory controls structure and continuing education program.
- Execute tests to evaluate compliance with supervisory procedures and document findings.
- Assist with the implementation of compliance policies and supervisory checks.
- Provide general regulatory guidance and reviews for GCG iShares, Institutional and Retail program initiatives and on-going business.
- Provide regulatory guidance to broker-dealer support areas (i.e. Trading, Operations, Technology) with regard to ongoing regulatory or compliance issues, developing compliance controls and regulatory reporting requirements.
- Conduct compliance training for GCG business personnel.
- Conduct annual compliance review and present results.
- Assist with preparing annual compliance meeting materials for registered representatives.
- Assist with regulatory inquiries, exams, routine audits, and draft responses.
- Review and resolve customer complaints.
- Special ad-hoc projects as required.
Skills/Requirements:
- 3 to 5 years' experience in compliance, legal or regulatory functions. Minimum BS/BA.
- Strong knowledge of SEC/FINRA/ERISA regulatory environment, direct regulatory experience, or sales channel compliance experience is beneficial.
- Prior working knowledge of OATS/TRACE regulations and the asset management business is beneficial.
- Series 7/24 registrations (required within 90 days of hire).
- Candidate should have excellent organizational, project mgmt., strong analytical, negotiating and inter-personal skills.
- Candidate should have ability to identify problems and be solutions-driven, confident, highly motivated and an organized team player with impeccable integrity.
- Candidate should have experience with customer service, call center and financial services personnel.
- Candidate should be goal-oriented; be able to work in rapidly changing environments and act decisively and independently in situations requiring quick analysis and decision-making. Excellent written and verbal communication skills.
- Strong technical proficiency (i.e. Excel, PowerPoint)
The Legal Compliance team oversees BlackRock's compliance with applicable laws and rules, and is responsible for, among other things, establishing legal and compliance policies and procedures that meet applicable regulatory requirements and testing the operative effectiveness of those policies and procedures; overseeing all regulatory matters; coordinating all regulatory exams and legal proceedings; negotiating contracts; and providing compliance training.
We are sourcing for a dynamic and enthusiastic compliance professional who functions in an efficient, detail-oriented, and proactive manner. The candidate should be a team player, extremely motivated, resourceful, organized, communicative, and able to leverage the managers' time by completing tasks independently with strong attention to detail.
The Broker-Dealer Channel Compliance VP will be required to partner with the firm's Legal and Compliance team to work proactively to maintain, enhance and develop a robust channel compliance framework and program for both the GCG Institutional, Retail, DC and iShares businesses. Primary focus will include oversight and implementation of broker-dealer supervisory programs, written supervisory procedures and branch office supervision.
Key Job Responsibilities:
This position is responsible for assisting with executing all broker-dealer channel compliance-related functions, including FINRA, SEC, OCC and ERISA rules and regulations. The successful candidate will:
- Assist with establishing compliance policies and procedures in accordance with regulatory requirements and firm policy; update existing compliance policies and procedures when necessary.
- Monitor supervisory controls structure and continuing education program.
- Execute tests to evaluate compliance with supervisory procedures and document findings.
- Assist with the implementation of compliance policies and supervisory checks.
- Provide general regulatory guidance and reviews for GCG iShares, Institutional and Retail program initiatives and on-going business.
- Provide regulatory guidance to broker-dealer support areas (i.e. Trading, Operations, Technology) with regard to ongoing regulatory or compliance issues, developing compliance controls and regulatory reporting requirements.
- Conduct compliance training for GCG business personnel.
- Conduct annual compliance review and present results.
- Assist with preparing annual compliance meeting materials for registered representatives.
- Assist with regulatory inquiries, exams, routine audits, and draft responses.
- Review and resolve customer complaints.
- Special ad-hoc projects as required.
Skills/Requirements:
- 3 to 5 years' experience in compliance, legal or regulatory functions. Minimum BS/BA.
- Strong knowledge of SEC/FINRA/ERISA regulatory environment, direct regulatory experience, or sales channel compliance experience is beneficial.
- Prior working knowledge of OATS/TRACE regulations and the asset management business is beneficial.
- Series 7/24 registrations (required within 90 days of hire).
- Candidate should have excellent organizational, project mgmt., strong analytical, negotiating and inter-personal skills.
- Candidate should have ability to identify problems and be solutions-driven, confident, highly motivated and an organized team player with impeccable integrity.
- Candidate should have experience with customer
service, call center and financial services personnel. - Candidate should be goal-oriented; be able to work in rapidly changing environments and act decisively and independently in situations requiring quick analysis and decision-making. Excellent written and verbal communication skills.
- Strong technical proficiency (i.e. Excel, PowerPoint
BlackRock is proud to be an E-Verify Equal Opportunity/Affirmative Action Employer--M/F/D/V.
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions -- from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
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