Home Office Principal - Surveillance

Lincoln Investment; Pennsylvania; On-site; USD 90,000 - 130,000; Full time

Job summary

Lincoln Investment, headquartered near Philadelphia, seeks a Compliance Surveillance professional to monitor firm-wide sales practices and ensure adherence to policies. You will review risk indicators, collaborate with Compliance and Home Office, and help advance surveillance controls.

A background in securities compliance and strong data skills are essential. Ideal candidates hold 3–5 years in the securities industry with knowledge of FINRA, SEC, MSRB, ERISA rules, plus experience with Word,

Qualifications

• Three to five years of experience in the securities industry (preferably compliance/supervision).
• Working knowledge of FINRA, SEC, MSRB and ERISA rules & regulations as they apply to broker/dealers and RIAs.
• Thorough understanding of securities products and investment advisory programs.
• Extensive Word and Excel experience in a Windows environment; PowerPoint knowledge.

Responsibilities

• Daily review of Firm Exception Reports and tools to identify activity posing risk; notify leadership when material.
• Collaborate with Compliance, Designated Supervisors, Financial Professionals and Home Office on policy enforcement.
• Contribute to development and improvement of surveillance policies, procedures, and controls.
• Assist in updating procedural manuals, writing supervisory procedures and supporting special projects.

Skills

Data analysis

Risk assessment

Record keeping

Independent work

Communication

Time management

Diplomacy

Problem solving

Project management

Attention to detail

Education

Bachelor's degree

Tools

Word

Excel

PowerPoint

Job description

Lincoln Investment is recognized as one of Philadelphia's Top Workplaces for fifteen years, is an independent broker dealer and registered investment advisor that offers brokerage, investment advisory and other financial services. Lincoln has about 1,000 financial professionals nationwide and we serve over 310,000 clients representing over $60 billion in assets. We are a majority family‑owned financial services firm that regards our employees as integral players in our continuous growth. Lincoln Investment's success is built upon our dedication to helping people retire well and promoting a work environment that fosters success. Our financial strength and profitability are natural results of "helping people, having fun, and enjoying success." Lincoln Investment offers a competitive compensation and benefits package. Our Home Office is conveniently located in Fort Washington, PA, just outside of Philadelphia.

Basic Function

The primary responsibility of this position is to provide surveillance of firm-wide sales practices to detect and prevent trends that fail to be in compliance with firm policies and procedures and/or may be “at risk” issues for the firm.

Responsibilities

• Daily review of Firm Exception Reports and Tools to identify activity or trends that pose a heightened risk to the firm and provide notification/reporting to Vice President of Supervision and/or Chief Compliance Officer when matter may be material.
• Work with the Compliance Department, Designated Supervisors, Financial Professionals and Home Office Employees on the education, communication and enforcement of Lincoln's policies and procedures.
• Contribute to the development and improvement of surveillance policies, procedures, and controls.
• Other tasks as needed which may include but are not limited to:
  • Contribute to the update of procedural manuals or written supervisory procedures as needed.
  • Assist in the creation and/or implementation of new DS/FP Compliance Memorandums as needed.
  • Work on special projects as needed.

Skills

• Ability to gather and analyze data to identify activity or trends that pose a risk to the firm and bring these matters to supervisor's attention.
• Aptitude to assess a situation and make a decision on how to move forward.
• Ability to keep accurate records.
• Capacity to work independently.
• Excellent oral and written communication skills.
• Organizational and time management skills (e.g., ability to effectively manage multiple priorities).
• Ability to conduct oneself in a diplomatic and professional manner.
• Offer creative solutions to issues.
• Project management capabilities.
• Exceptional attention to detail.

Knowledge/Experience

• Three to five years of experience in the securities industry (preferably in compliance and/or supervision).
• Working knowledge of FINRA, SEC, MSRB and ERISA rules & regulations as they apply to both broker/dealers and registered investment advisors.
• Thorough understanding of securities products, insurance products (including variable annuities, equity indexed annuities and fixed annuities) and investment advisory programs.
• Extensive word processing (Word) and spreadsheet (Excel) experience in Windows environment, presentation (PowerPoint) knowledge.

Education/Training

• Bachelor’s degree in a related field or the equivalent combination of education and/or experience

Certification/Licenses

• Series 7, Series 24, Series 53, and Series 66 (or equivalent, i.e. Series 63 & Series 65) licenses required.
• Series 9/10 preferable.
• Series 4 helpful but not required.

Physical And Other Requirements

• May sit at workstation for extended periods of time
• May view computer screen for extended periods of time
• Periods of fast pace are normal particularly when working to meet deadlines

Lincoln Investment is an equal opportunity employer. Lincoln Investment prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. Lincoln Investment conforms to the spirit as well as to the letter of all applicable laws and regulations.