Surveillance Analyst

Osaic; La Vista (NE); Hybrid; USD 50,000 - 56,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401k

Paid time away

Volunteer days

Job summary

Osaic is seeking a Surveillance Analyst to perform field activity-based reviews and monitor trading data for compliance. The role reports to the Compliance Manager and requires collaboration with the team.

Bachelor's degree is preferred, with a strong background in financial securities and regulatory knowledge. Hybrid schedule with a requirement to work from one of our hubs.

Qualifications

• Proficiency in MS Office and Word; Excel is required.
• Knowledge of brokerage business and common investments (mutual funds, variable annuities, alternatives, stocks, bonds).
• Strong data analysis to assess trading and activity for compliance.

Responsibilities

• Review financial professionals' book of business for risks and regulatory issues.
• Surveil trading activity, communications, and data to identify potential compliance violations.
• Review alerts and escalate issues for investigation or supervision.
• Create summaries detailing trends such as annuity replacements or fund switches and liquidity concerns.
• Provide trend summaries to Internal Supervision, Compliance, and Senior Management.

Skills

MS Office

MS Excel

Retail brokerage knowledge

Investment products knowledge

Education

Bachelor's degree preferred

High school diploma or equivalent required

Tools

MS Word

Job description

Compliance Opportunity in Financial Services

Surveillance Analyst

Location(s):

Atlanta: 2300 Windy Ridge Pkwy SE, Suite750, Atlanta, GA 30339

La Vista:12325 Port Grace Blvd, La Vista, NE 68128

Oakdale: 7755 3rd St. N, Oakdale, MN 55128

Scottsdale: 18700 N Hayden Rd, Suite 255, Scottsdale, AZ 85255

St. Petersburg: 877 Executive Center Dr. W, Suite 300, St. Petersburg, FL 33702

Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants should be located at one of our hubs listed above and must be willing to work this schedule.

Role Type: Full-time

Salary: $50K - $56K per year + annual performance-based bonus

Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, licensure, experience, and education.

Our competitive compensation is just one component of Osaic's total compensation package. Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page:Osaic Benefits.

Summary:

The Surveillance Analyst will be responsible for completing Field Advisor and product activity-based reviews. This position reports to the Compliance Manager.

Education Requirements:

Bachelor's degree preferred, high school diploma (or equivalent) in combination with significant experience will be considered in lieu of degree. Minimum of high school diploma or equivalent is required.

Responsibilities:

• Reviews financial professionals' book of business for common risks and regulatory issues.
• Conduct ongoing surveillance of trading activity, communications, and other transactional data to identify potential compliance violations.
• Review alerts and escalat issues requiring further investigation or supervision.
• Creates representative summaries detailing negative trends including high rates of variable annuity replacements, mutual fund B-share and C-share concerns, high rates of mutual fund switching, alternative investment liquidity issues, etc.
• Delivers trend summaries to Internal Supervision, Compliance, Branch Office Examinations and Senior Management teams for review and follow up.
• Participates in the creation and issuance of Compliance Manuals, Written Procedures and Compliance Communications.
• All other duties as assigned.

Basic Requirements:

• Two to three years of experience in the financial securities industry is required.
• Must be proficient with MS Office and Word. Proficiency with MS Excel is a must.
• Knowledge of the retail brokerage business and common investment products including mutual funds, variable annuities, alternative investments, stocks, and bonds is required. (Additional knowledge in variable annuities and mutual funds strongly preferred.)
• Ability to analyze large amounts of trade data and to think through complex Compliance issues.
• Must be detail-oriented, investigative, and able to handle a high volume of work independently.
• Ability to interpret the Sales Practice Manual, FINRA manual, FINRA Notices to Members, Compliance notices and other publications concerning broker/dealer regulation.
• Effective communication skills, both written and verbal.

Preferred Requirements:

• FINRA Series 7 and Series 24 preferred.
• Insurance license preferred
• 2+ years' regulatory experience.
• Experience at an independent broker-dealer.