Compliance Associate (Junior)

D.A. Davidson; Minneapolis (MN); On-site; USD 26,000 - 43,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

ESOP contribution

Sick leave

Vacation leave

Maternity/Parental leave

Tuition reimbursement

Personal insurance discount

Charitable gift-matching

Job summary

D.A. Davidson Companies is a leading independent financial services firm with a 90-year history. We seek a Compliance Associate to support AML, branch examination program, and general compliance duties. This role suits candidates new to financial services or with limited licensure.

The position offers a competitive salary, comprehensive benefits, and opportunities for professional development, with travel up to 10% and a path toward licensure and advancement within Compliance or broader Firm.

Qualifications

• Bachelor's degree in business, finance, or related field, or relevant professional experience in the financial services industry.
• Basic knowledge of financial markets and investment products, and ability and willingness to expand knowledge.
• Willingness and ability to obtain the FINRA Securities Industry Essentials Exam (SIE) within 6 months of hire date. Additional licensure opportunities available, subject to supervisory review and approval.
• Exhibits a professional and personable demeanor always.
• Ability to work in a digitized environment with advanced knowledge of Microsoft Office products. Additional technology skills are preferred.
• Strong written, oral, and interpersonal skills necessary to engage with senior leaders, industry examiners, outside auditors, clients, law firms, other financial institutions, and branch associates.
• Ability and willingness to travel up to 10% of the time.
• Ability to effectively communicate Firm policies and industry regulations to others.
• Strong attention to detail and organizational skills.
• Ability and desire to learn about the financial services industry and to support their career path within the Compliance Department or the broader Firm.
• Ability to prioritize, plan, and meet deadlines as well as work independently.

Responsibilities

• Support the Department by assisting in the day-to-day compliance program duties, including the branch examination program, the AML program, and providing general support to branch associates and internal business and supervision partners.
• May help support associate disclosure processes, customer complaints, and/or other projects as assigned.
• Perform data collection in accordance with branch examination program requirements and help analyze collected data to identify irregularities, trends, and patterns.
• May accompany Compliance Examiners during onsite/virtual examinations to help evaluate compliance with Firm policies, WSPs, and industry regulations.
• Assist with the administration of associate disclosures including OBAs, PSTs, OIAs and political contributions, and semiannual and annual certifications in Comply.
• Assist the AML Compliance Officer with transaction monitoring, as needed.
• Assist with the administration of customer complaints, as needed.
• Assist with monitoring, responding to, and/or redirecting inquiries and questions sent to the Compliance Department inbox.
• Additional duties and responsibilities as identified, needed, and assigned.

Skills

Financial markets knowledge

Written communication

Oral communication

Interpersonal skills

Detail oriented

Travel readiness

Microsoft Office

Education

Bachelor's degree in business/finance or related field

Tools

Microsoft Office

Job description

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients' financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

Function:

D.A. Davidson & Co. is a leading financial services firm providing wealth management, financial planning, investment banking, and public finance services to a client base that includes individuals, corporations, institutional clients, and governments. The Firm has operations across the United States.

The Compliance Associate role is ideal for candidates who are new to the financial services industry, or those with limited industry experience and/or minimal licensure.

Qualifications: KNOWLEDGE, EXPERIENCE, AND EDUCATION REQUIREMENTS:

• Bachelor's degree in business, finance, or a related field, or relevant professional experience in the financial services industry.
• Basic knowledge of financial markets and investment products, and ability and willingness to expand knowledge.
• Willingness and ability to obtain the FINRA Securities Industry Essentials Exam (SIE) within 6 months of hire date. Additional licensure opportunities available, subject to supervisory review and approval.
• Exhibits a professional and personable demeanor always.
• Ability to work in a digitized environment with advanced knowledge of Microsoft Office products. Additional technology skills are preferred.
• Strong written, oral, and interpersonal skills necessary to engage with senior leaders, industry examiners, outside auditors, clients, law firms, other financial institutions, and branch associates.
• Ability and willingness to travel up to 10% of the time.
• Ability to effectively communicate Firm policies and industry regulations to others.
• Strong attention to detail and organizational skills.
• Ability and desire to learn about the financial services industry and to support their career path within the Compliance Department or the broader Firm.
• Ability to prioritize, plan, and meet deadlines as well as work independently.

Duties: KEY RESPONSIBILITIES

The Compliance Associate will support the Department by assisting in the day-to-day compliance program duties, including the branch examination program, the Anti-Money Laundering (“AML”) program, and providing general support to branch associates and internal business and supervision partners, including wealth management and capital markets. On an as needed basis, the Compliance Associate may help support associate disclosure processes, customer complaints, and/or other projects as assigned.

ADDITIONAL RESPONSIBILITIES:

• Performs data collection in accordance with branch examination program requirements and helps analyze collected data to identify irregularities, trends, and patterns.
• May accompany Compliance Examiners, both wealth management and capital markets, during onsite/virtual examinations to help evaluate compliance with Firm policies, WSPs, and industry regulations, as needed.
• Assists with the administration of associate disclosures including OBAs, PSTs, OIAs and political contributions, and semiannual and annual certifications in Comply.
• Assists the AML Compliance Officer with transaction monitoring, as needed.
• Assists with the administration of customer complaints, as needed.
• Assists with monitoring, responding to, and/or redirecting inquiries and questions sent to the Compliance Department inbox.
• Additional duties and responsibilities as identified, needed, and assigned.

What we offer:

Competitive salary plus excellent benefits and perks including, but not limited to:

• Medical, Dental and Vision
• Company 401(k)and ESOP contribution
• Generous sick, vacation, and maternity/parental leave
• Paid holidays
• Professional Development Opportunities
• Tuition Reimbursement ($15,000 lifetime cap)
• Discounted personal insurance including home, auto and recreational vehicles
• Charitable gift-matching program
• Davidson Day of Giving – Our tradition of positively impacting communities in which we live and work.

The potential base pay hiring range for this role is $20.95-$31.43 per hour. The compensation offered will be determined on a case-by-case basis considering a variety of factors including, but not limited to, the skills, relevant work experience, and geographic location of each specific candidate.

At D.A. Davidson, we are committed to fostering a diverse environment that supports the development and inclusivity of all employees.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

ACKNOWLEDGMENT

Please answer all questions carefully. By submitting this application for employment, I certify that all of the above information is true and complete and I understand that any falsification or omission of information made by me may disqualify me from further consideration forgemploymentor, if hired, may result in my termination of my employment at any time during the period of myemployment, regardless of the amount of time that has passed. California applicants, please see D.A. Davidson's California Resident Privacy Policy.