Compliance Officer – Field Examiner

Madison-Davis, LLC; United States; On-site; USD 90,000 - 140,000; Full time

Job summary

Madison-Davis, LLC, a financial services firm in Wisconsin, seeks a Compliance Officer to oversee branch examinations and supervisory oversight. You will evaluate regulatory compliance, assess branch controls, and ensure adherence to FINRA, SEC, and state rules across broker-dealer and advisory activities.

The role requires thorough analysis, investigation, and communication skills, with responsibility for examination reports, corrective actions, and ongoing regulatory monitoring.

Qualifications

• Bachelor's degree in a relevant discipline; equivalent financial services experience may be considered.
• FINRA Series 7 and Series 24 licenses, or ability to obtain both within employer timeframe.
• Understanding of FINRA, SEC, and state regulations governing broker-dealers and investment advisory activities.
• Strong analytical, investigative, interviewing, and documentation skills.
• Ability to prepare comprehensive examination reports and communicate findings effectively.
• Strong organizational skills and ability to manage multiple assignments independently.

Responsibilities

• Plan and execute risk-based inspections of broker-dealer and investment advisory offices, including supervisory and remote locations.
• Review advisor activities, client records, business practices, and operational procedures for compliance with FINRA, SEC, and state regulations.
• Evaluate supervisory controls and identify gaps in regulatory compliance, documentation, and internal processes.
• Analyze branch-level data, previous examination findings, and emerging risk indicators to determine areas requiring additional review.
• Document examination results, prepare detailed reports, and recommend appropriate corrective actions.
• Investigate potential compliance concerns, supervisory deficiencies, and operational risks.
• Partner with internal stakeholders to address examination findings and monitor remediation efforts.
• Assess the effectiveness of corrective measures and identify recurring issues or underlying control weaknesses.
• Escalate significant regulatory, ethical, operational, or reputational concerns to appropriate leadership.
• Recommend improvements to supervisory practices, examination procedures, and compliance controls.

Skills

Broker-dealer compliance

Analytical skills

Investigative skills

Communication skills

Documentation skills

Examination reporting

Education

Bachelor's degree in a relevant discipline

Job description

A financial services organization is seeking a Compliance Officer to support its branch examination and supervisory oversight program. This role focuses on evaluating regulatory compliance, assessing branch-level controls, identifying potential risks, and ensuring that financial advisors and supervisory personnel adhere to applicable industry regulations and internal policies.

The ideal candidate has experience in broker-dealer compliance, branch examinations, or supervisory oversight, along with strong analytical, investigative, and communication skills.

Key Responsibilities

Branch Examinations & Compliance Reviews

• Plan and execute risk-based inspections of broker-dealer and investment advisory offices, including supervisory and remote locations.
• Review advisor activities, client records, business practices, and operational procedures for compliance with FINRA, SEC, and state regulations.
• Evaluate supervisory controls and identify gaps in regulatory compliance, documentation, and internal processes.
• Analyze branch-level data, previous examination findings, and emerging risk indicators to determine areas requiring additional review.
• Document examination results, prepare detailed reports, and recommend appropriate corrective actions.
• Investigate potential compliance concerns, supervisory deficiencies, and operational risks.
• Partner with internal stakeholders to address examination findings and monitor remediation efforts.
• Assess the effectiveness of corrective measures and identify recurring issues or underlying control weaknesses.
• Escalate significant regulatory, ethical, operational, or reputational concerns to appropriate leadership.
• Recommend improvements to supervisory practices, examination procedures, and compliance controls.

Regulatory Guidance & Training

• Provide compliance guidance to financial advisors, branch supervisors, and operational personnel.
• Support the development and delivery of training on regulatory requirements, supervisory responsibilities, and compliance best practices.
• Monitor regulatory developments and assess their potential impact on branch operations.
• Assist with regulatory examinations, audits, and documentation requests.
• Collaborate with compliance leadership on risk assessments, process improvements, and special initiatives.

Qualifications

Required

• Bachelor's degree in a relevant discipline; equivalent financial services experience may be considered.
• FINRA Series 7 and Series 24 licenses, or ability to obtain both within an employer-established timeframe.
• Understanding of FINRA, SEC, and state regulations governing broker-dealers and investment advisory activities.
• Strong analytical, investigative, interviewing, and documentation skills.
• Ability to prepare comprehensive examination reports and communicate findings effectively.
• Strong organizational skills and ability to manage multiple assignments independently.

Preferred

• 3+ years of experience in broker-dealer compliance, branch examinations, supervision, audit, operations, or financial services risk management.
• Experience evaluating supervisory procedures, identifying regulatory deficiencies, and overseeing corrective actions.
• Additional licenses such as Series 51, 63, 65, or Group I Insurance, or willingness to pursue them.
• Experience supporting regulatory examinations, advisor oversight, and compliance training.