Compliance/Branch Manager Jobs

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Responsibilities

[•Assist and support Advisors to ensure that they fully understand the requirements set out in the Employers Policies and Procedures Manual, the rules, policies, and by-laws of the MFDA, and all regulatory Compliance Bulletins.

•Participate in the development and delivery of educational materials and programs to registered Advisors.

•Identifies knowledge and training gaps; recommends and implements training initiatives to ensure licensed representatives are proficient with regulatory and administrative standards.

•Follow current and emerging regulatory and compliance issues and trends, as well as ensure that the firm is current and up-to-date with trends and issues identified.

•Maintain in good standing and complete any additional required licensing proficiency(ies) as required by regulation given the firm's registration(s).

oWill at a minimum require Branch Manager Designation

oAdditional proficiencies may be required depending on legislation requirements

oSome travel may be required.

•Provides leadership and manages the day-to-day operations of the advisory support team; develops, coaches, sets individual goals and objectives, evaluates performance, and provides frequent feedback.

•Conduct, monitor, review, and supervise daily and monthly transactions in client accounts of the Employers registered advisors to ensure that they are compliant and suitable as per regulatory policy and the Employer's Policy and Procedures.

•Identify trends developing in trading of specific advisors and/or client accounts with an emphasis on suitability, concentration, potential conflicts of Interest, and unusual transactions, conducting detailed analysis and escalating concerns to the compliance management.

•Fulfilling alt requirements for Tier 1 supervision (and Tier 2 when/if required) as defined within MFDA Policy 2 and the Employers Policy and Procedures Manual.

•Monitor regulatory compliance by taking a risk-based approach in completing reviews of mutual fund transactions, analyzing, documenting, and reporting the findings to senior compliance management.

•Monitoring for compliance with the Employers and MFDA standards of conduct.

•Following up, monitoring, and tracking inquiries and/or deficiencies with advisors and taking corrective action where required.

•Participate in various compliance projects, branch reviews, assignments, and initiatives.

•Prepare weekly and monthly ad-hoc reporting summaries of follow-ups and deficiencies to compliance management.

•Conduct branch and sub-branch audits when required as per Employer guidelines and procedures.

•Provide training, expertise, and guidance on regulatory and internal policies and procedures to the advisors and staff of the firm where required

Qualifications

Minimum 2 years with a mutual fund or securities license, Branch manager course

Example: Excellent verbal and written communication skills, good computer skills