Senior Principal Review & Compliance Specialist

Direct Staffing Inc; Glendale (CA); On-site; USD 120,000 - 180,000; Full time

Job summary

We are a bank recruiting for a Principal Review Specialist responsible for performing Transaction Review and Principal Approval functions for new accounts, investment transactions, and trade corrections. The role emphasizes adherence to CIP, AML, and BSA, with responsibilities across approvals, reviews, and regulatory compliance.

The position requires licenses (Series 7/24 or 9/10, Series 53/4) and experience in a broker/dealer environment, delivering meticulous oversight of broker-dealer

Qualifications

• Knowledge of Microsoft Word, Outlook, Internet Explorer and Excel, or previous experience with similar software packages.
• Familiarity with back office systems such as FBSI & Streetscape a plus.
• Prefer 1 to 4 years of experience as a General Securities Principal within the brokerage industry.
• Should have 3 to 5 years minimum experience in a broker/dealer organization.
• FINRA Series 7 license and Series 24 license or Series 9 and 10.
• Series 53 and Series 4 licenses are required or will need to be acquired within six months once employed.

Responsibilities

• Principal approvals for day-to-day broker dealer activities including new accounts and trading documentation for brokerage accounts, brokered CD accounts, Institutional accounts, Fund Direct accounts/trades, 529 College Savings Plan accounts (Series 53 only), Investment Advisory accounts, annuities & life insurance (CA Life Agent Licensed PRSs only), Margin Applications, Options Applications (Series 4 only).
• Ensure approvals comply with regulatory issues such as CIP, AML, Enhanced Due Diligence, U.S. Patriot Act, BSA, Suitability and Sales practices, Mutual Fund Breakpoint policies and procedures, Books and Records Requirements, and other regulatory standards.
• Review transactions requiring Regional Investment Manager approvals and consult with Compliance on issues warranting further review.
• Perform trade corrections, verify completion and finalize loss/profit amounts for accounting by completing Trade Discrepancy Reports.
• Notify Regional Sales Managers of corrections affecting a registered rep under supervision when losses occur.

Skills

MS Word

Outlook

Excel

Securities knowledge

Education

FINRA Series 7 license

FINRA Series 24 license

Series 9 & 10 licenses

Series 53 license

Series 4 license

Tools

FBSI

Streetscape

Back office systems

Job description

We are a bank recruiting for a Principal Review Specialist responsible for performing Transaction Review and Principal Approval functions for new accounts, investment transactions, and trade corrections. The role emphasizes adherence to CIP, AML, and BSA, with responsibilities across approvals, reviews, and regulatory compliance.

The position requires licenses (Series 7/24 or 9/10, Series 53/4) and experience in a broker/dealer environment, delivering meticulous oversight of broker-dealer