Compliance Analyst

Job Description

Job Description

Role Description

The Compliance Analyst is an integral member of the Compliance department that has a mission to conduct Moors & Cabot business consistent with the highest standards of commercial honor and just and equitable principles of trade. Keeping our customers’ interests foremost is key to Moors & Cabot’s success. Compliance is an integral part of serving our customers and therefore the firm’s success. The primary focus of this specific position is oversight and surveillance to protect and safeguard Moors & Cabot, its registered individuals and the clients they serve. This position exemplifies Moors & Cabot’s core values of Integrity, Service is Personal, One Team, Communication and Initiative by communicating with employees regularly, maintaining confidentiality, performing assigned duties ethically, and being a key support structure within the Compliance team. By being an active, collaborative and engaged employee, this role provides room for growth and advancement opportunities.

This in-office full-time role reports to the Chief Compliance Officer. Working hours are Monday - Friday 8 : 30 AM to 5 : 00 PM EST.

Role Responsibilities

Conduct onsite / remote branch reviews as part of our risk based internal branch examination process

Perform daily trade blotter review and approval with a focus on exception reports

Assist with performing firm’s annual supervisory controls and verification testing

Review, investigate, and clear all daily Trade Summary Monthly, Account Periodic, and Account Rank surveillance reports

Review and approve Advertising / Sales Literature / Public Speaking / Trade Corrections, Annuities, and Direct Business, etc. on RedOak

Perform investigations of potential violation of industry and firm policies, procedures and best practices (document findings and report to CCO)

Conduct email, instant messaging, social media, and other electronic communication surveillance in accordance with firm policy and involve Branch Management as needed

Monitor Firm and Regulatory Element Continuing Education training

Research and respond to regulatory information requests

Work closely with Branch Managers on investigations involving trading activity in their respective branches

Review and oversee active / inactive accounts, advisor account cash balances, and Quarterly Fees

Enhance and implement Compliance policies, processes, and procedures

Organize outside brokerage account approvals and review trading activity in employee outside accounts

Serve as administrator for various compliance applications such as Bridger, Red Oak, Red Ed, Smarsh, LinkedIn etc.

Keep abreast of changes in regulatory rules and guidelines

Send various approved firm letters and notifications to customers, as needed

Organize and maintain content on Compliance Intranet site

Maintain accurate hard copies of client files for Compliance and establish filing system

Take initiative in career growth by engaging in provided development opportunities

Be an active culture carrier within teams and contribute to a positive team morale

Other projects as assigned

Key Measurements

Ability to build rapport with internal and external contacts

Thoroughness and accuracy of assigned task including but not limited to branch exams, controls testing, continuing education and social media oversight

Accomplishment of annual organizational, team and personal goals as communicated by management

Minimum Requirements

Bachelor’s degree in a business related field

At least 2-5 years in a compliance or risk role for a broker dealer and / or investment advisor

FINRA Series 7, 24, and 63 / 66

Confident in using Microsoft Office Suite and Google Suite

Strong interpersonal skills

Ability to maintain confidentiality

Prior experience with compliance-related monitoring systems

5% domestic travel for branch exams

Competent in the following Knowledge, Skills, and Abilities :

Customer Service

Attention to detail

Clerical Work

Reading, Writing, and Oral Expression and Comprehension

Basic Math

Social Perceptiveness

Time Management

Empathy

Critical Thinking and Problem Solving

Deductive and Inductive Reasoning

Social Media

Preferred Requirements

Experience using DocuSign and Adobe Acrobat

Compensation & Benefits

Salary commensurate with experience

Total Rewards Benefits Package :

Medical with HRA / HSA

Dental & Vision

Company paid Short Term Disability, Long Term Disability and Basic Life Insurance

Supplemental Life insurance for employee, spouse, and dependents

401k plans with yearly match

Flexible spending accounts

PTO : vacation, personal days, sick time, and volunteerism day to encourage community involvement

Critical Illness & Accident Insurance

Employee Assistance Programs

Employee Discount Programs

About Us

Since its founding in 1890, Moors & Cabot and its people have defined the meaning of financial services. The firm has participated in the retail sale of stocks and bonds to individuals and the institutional sale of stocks and bonds to most of Boston's money management firms. In addition to specializing in wealth management through full service registered representatives, Moors & Cabot offers investors additional investment tools such as cash management accounts, retirement planning, mutual funds, annuities and other insurance products.

Moors & Cabot is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

We utilize the Department of Homeland Security’s employee authorization program, E-Verify. E-Verify confirms employment eligibility by comparing the employee's Form I-9 information entered in E-Verify by the employer with the information in records available to SSA and / or DHS.