Regulatory Coordinator – Sales Practice, Member Regulation recruitment
Regulatory Coordinators monitor and evaluate the financial and operational and sales practice condition of member firms through continuous communication with member firm management and the review and analysis of regulatory filings and other data obtained from member firms. This position requires frequent contact and interaction with management of assigned member firms. Essential Job Functions:
- Review and analyze financial reports and other relevant data to ensure compliance with FINRA and SEC rules and regulations.
- Understand the regulatory risks of the products offered by and business activities of assigned member firms.
- Identify member firms' potential financial or operational difficulties as well as monitor and evaluate mergers, acquisitions, conversions and significant expansions of business.
- Review and analyze complaints, trends, registration data and other relevant data.
- Provide FINRA management with current firm information and assist FINRA management in resolving problem situations.
- Act as a liaison with assigned member firms, provide interpretations of FINRA rules, SEC rules and other applicable regulations, and assist member firms in conducting business within regulatory guidelines.
- Prepare risk-based examination planning packages of assigned member firms, conduct planning meetings and participate in member firm examinations.
- Review, analyze, and communicate examination findings to member firms' senior management.
- Evaluate firm responses to examination reports to determine if corrective action is satisfactory and if further regulatory action is warranted.
- Analyze and evaluate new products to determine compliance with established rules and regulation.
- Review and analyze membership applications for the financial/operational/sales practices status of applicants.
- Train or mentor newly hired coordinators; advise and assist other coordinators in monitoring and analyzing assigned member firms.
- Participate in planning examinations of assigned member firms
- Attend exam exit meetings, interpretive discussions and meetings with member firms
Qualifications Education/Experience Requirements:
- Bachelor's degree in Finance, Accounting, Business Administration or a related discipline
- A minimum of 3 accounting classes
- Directly related experience in a regulatory, compliance or investigative role in securities is highly preferred.
- Excellent interpersonal, written and verbal communication skills and computer proficiency are essential.
- Applicants must achieve an acceptable rating on a pre-employment assessment of writing skills.
Working Conditions: Work is normally performed in an office environment, with extended hours, when necessary. Some travel required The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.