Compliance Analyst

Position Summary

The Compliance Analyst will support the Compliance function in maintaining and enhancing the Company’s broker-dealer and investment adviser compliance programs. This role is responsible for assisting with the implementation, monitoring, and testing of policies and procedures designed to promote compliance with applicable FINRA rules and SEC requirements, including supervision, standards of conduct, Regulation Best Interest, communications with the public and investment adviser marketing, AML, books and records, regulatory filings, privacy and safeguarding, conflicts of interest, and other requirements applicable to the Company’s activities.

The Compliance Analyst will work closely with business units, operations, and management to identify, assess, and help mitigate compliance risks.

Key Responsibilities

1. Regulatory Monitoring and Research

• Monitor developments in applicable federal, state, and local laws, regulations, and regulatory guidance relevant to the Company’s products and services, such as (as applicable to your business):

· FINRA Rules:

· FINRA Rule 2010—Standards of Commercial Honor and Principles of Trade.

· FINRA Rule 2090—Know Your Customer and FINRA Rule 2111—Suitability, as applicable, including the effect of SEC Regulation Best Interest on recommendations to retail customers.

· FINRA Rule 2210—Communications with the Public, including content standards, approval, supervision, and recordkeeping requirements.

· FINRA Rules 3110, 3120, and 3130—Supervision, supervisory control systems, and annual compliance certification.

· FINRA Rules 3270 and 3280—Outside Business Activities and Private Securities Transactions of an Associated Person.

· FINRA Rules 3310 and 4511—Anti-Money Laundering Compliance Program and general books and records requirements.

· SEC Rules:

· SEC Regulation Best Interest (Exchange Act Rule 15l-1) and Form CRS requirements applicable to broker-dealers and investment advisers.

· Investment Advisers Act Rule 206(4)-7—Compliance Policies and Procedures, including annual review requirements.

· Investment Advisers Act Rule 206(4)-1—Investment Adviser Marketing, including requirements for advertisements, testimonials, endorsements, and performance presentations.

· Investment Advisers Act Rules 204-2 and 204-3—Books and Records and delivery of the adviser brochure and related disclosures.

· Investment Advisers Act Rule 206(4)-2—Custody of Funds or Securities of Clients, when applicable.

· SEC Regulation S-P—Privacy of Consumer Financial Information and safeguarding customer records and information.

• Summarize regulatory changes and assist with assessing their impact on the Company’s policies, procedures, products, and operations.
• Prepare compliance updates and assist with regulatory change management tracking.

2. Compliance Program Support

• Assist in the development, maintenance, and periodic review of the Company’s compliance policies, procedures, and controls, including (as applicable):

· Broker-dealer supervisory and compliance programs under FINRA Rules 3110, 3120, and 3130, including written supervisory procedures, supervisory controls, and annual compliance certification.

· Customer and account compliance requirements, including FINRA Rule 2090, SEC Regulation Best Interest, Form CRS, and applicable account-opening and customer due diligence obligations.

· Communications and marketing review procedures under FINRA Rule 2210 and SEC Investment Advisers Act Rule 206(4)-1, including required approvals, disclosures, substantiation, and recordkeeping.

· Privacy, safeguarding, cybersecurity, and records procedures under SEC Regulation S-P, applicable SEC books-and-records rules, FINRA Rule 4511, and related regulatory guidance.

• Participate in risk assessments to identify and evaluate key compliance risks associated with new products, services, third‑party relationships, and business strategies.
• Assist with the design and execution of internal controls to mitigate identified risks, in coordination with management and relevant departments.

3. Monitoring, Testing, and Reporting

• Perform periodic testing and ongoing monitoring of business activities to assess adherence to Company policies, procedures, and applicable laws and regulations.
• Prepare and maintain testing documentation, including workpapers, findings, and remediation plans.
• Track and follow up on corrective actions and remediation efforts arising from monitoring, testing, audits, or regulatory examinations.
• Prepare recurring and ad hoc compliance reports for management, and support the preparation of reports for regulators or other external stakeholders, as directed.

4. Regulatory Filings and Recordkeeping

• Assist with preparation and timely submission of required regulatory reports and filings, as applicable to the Company’s registration/licensing and activities, such as:

· FINRA registration and disclosure filings, including Forms U4, U5, and amendments, branch-office filings, and other submissions required through FINRA systems.

· SEC filings and amendments applicable to the Company’s business, including Form ADV, Form CRS, Form 13F, Form PF, and other required submissions, as applicable.

· FINRA and SEC regulatory reporting, examination, and correspondence requirements, including timely responses to inquiries, requests for information, and required event-driven notices.

• Maintain thorough and organized compliance records, including policies, procedures, training materials, testing results, and correspondence with regulators, consistent with regulatory recordkeeping requirements.

5. Training and Awareness

· Assist with developing and delivering employee compliance training on applicable FINRA and SEC requirements, including supervision, standards of conduct, Regulation Best Interest, communications with the public, investment adviser marketing, books and records, AML, privacy and safeguarding, conflicts of interest, outside business activities, and private securities transactions.

• Maintain documentation of training completion to meet internal and regulatory expectations.
• Support efforts to promote a culture of compliance and ethical conduct throughout the Company.

6. Issue Management and Investigations

• Assist in the intake and review of potential compliance issues, complaints, and incidents, including potential violations of law, regulation, or Company policy.
• Support investigations under the direction of senior compliance staff or management, including documentation of findings and recommendations.
• Help coordinate remediation efforts, including process improvements and enhanced controls.

7. Cross‑Functional Collaboration

• Work closely with business lines, operations, legal, risk, IT/security, and other teams to:
• Integrate compliance requirements into business processes and product design (“compliance by design”).
• Provide guidance on day‑to‑day compliance questions, escalating issues to senior compliance or legal as appropriate.
• Support due diligence and oversight of critical vendors and third‑party service providers, including compliance‑related contractual obligations.

Qualifications

Required

• Bachelor’s degree in business, finance, accounting, law, economics, or a related field; or equivalent combination of education and relevant experience.
• [Typically, 1–3] years of experience in compliance, risk management, audit, legal, operations, or related functions, preferably within financial services or a regulated industry.
• Basic understanding of:

· Core FINRA and SEC regulatory requirements applicable to broker-dealers and investment advisers, including supervision, standards of conduct, communications and marketing, books and records, AML, privacy and safeguarding, and regulatory reporting.

• Corporate compliance and ethics program elements (e.g., policies, training, monitoring, reporting, investigations).
• Strong analytical and problem‑solving skills, with the ability to interpret laws, regulations, and policies and apply them to business activities.
• Excellent written and verbal communication skills, including the ability to present complex information clearly and concisely.
• High attention to detail and strong organizational skills, with the ability to manage multiple tasks and deadlines.
• Proficiency with standard office software (e.g., Microsoft Excel, Word, PowerPoint) and ability to learn new systems.

Preferred

• Experience working in a financial‑services, fintech, lending, payments, investment advisory, banking, or securities‑related environment.
• Familiarity with one or more of:

· FINRA broker-dealer compliance requirements, including supervision, AML, communications with the public, outside business activities, private securities transactions, and books and records.

· SEC requirements applicable to broker-dealers and investment advisers, including Regulation Best Interest, Form CRS, fiduciary obligations, compliance programs, and regulatory filings.

· FINRA and SEC requirements concerning privacy, safeguarding customer information, cybersecurity, regulatory reporting, and books and records.

• Professional certification or coursework (or progress toward such) in compliance or risk (e.g., CAMS, CRCM, CCEP, or similar) is a plus.
• Experience with compliance management systems (CMS), case‑management tools, or GRC (governance, risk, and compliance) platforms.

Core Competencies

• Integrity and Ethics: Demonstrated commitment to ethical conduct and compliance with laws and regulations.
• Risk Awareness: Ability to identify risks and think critically about potential compliance impacts.
• Judgment and Escalation: Willingness to ask questions, seek guidance, and escalate issues appropriately.
• Collaboration: Ability to work effectively across departments and with stakeholders at all levels.
• Adaptability: Comfort operating in a changing regulatory and business environment.

Working Conditions and Physical Requirements

• Typical office environment with standard working hours may require occasional extended hours to meet deadlines or respond to regulatory matters.
• Position may involve periods of sitting, working at a computer, and participating in virtual or in‑person meetings.

Pay: $60,000.00 - $70,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Paid time off
• Vision insurance

Work Location: In person

Salary : $60,000 - $70,000