Surveillance Analyst

Janney Montgomery Scott LLC; Philadelphia (Philadelphia County); On-site; USD 90,000 - 130,000; Full time

Job summary

Janney Montgomery Scott LLC is seeking an analytical professional to assess compliance with regulations and policies by analyzing data from Firm records and other sources. You will support governance of investment activity and risk management while working across business areas to enhance automation and workflow efficiency.

The role requires grasping complex concepts and understanding investment strategies, with interactions across Firm groups and ongoing policy updates.

Qualifications

• Bachelor's degree preferred or equivalent experience.
• FINRA Series 7 & 66 licenses preferred; or ability to obtain within 6 months.
• Minimum 3 years regulatory or brokerage experience in surveillance, inspections or branch supervision.
• Knowledge of securities laws and regulations for investment advisers and broker-dealers.
• Knowledge of Thomson Reuters BETA platform and/or ProSurv is a plus.
• Familiarity with broker-dealer products (equities, options, fixed income, derivatives, annuities, and advisory services).

Responsibilities

• Review reports to highlight transactions or account conditions that appear exceptional.
• Conduct statistical analysis across compliance to identify unusual activity patterns.
• Improve operational efficiencies through automation and technology-driven solutions.
• Investigate transactions or account conditions using various online sources.
• Provide quantitative support to manage compliance risk across business areas.
• Basic administration, maintenance and testing of risk-based tech platforms (FIS Protegent, Global Relay).
• Collaborate with IT to document business requirements and ensure proper production implementations.
• Maintain records of issues, interactions with supervisors, and memorialize outcomes.
• Assist in researching and responding to SEC, FINRA, MSRB and other inquiries.
• Revise applicable compliance policies and procedures as needed.
• Collaborate on cross-departmental initiatives and special projects.
• Complete ad hoc assignments in compliance risk management and analytics.

Skills

Risk Identification

Communication

Technology Maintenance and Testing

Organization and Time Management

Research

Education

Bachelor's degree preferred or equivalent experience

Tools

MS Word

Excel

Thomson Reuters BETA

ProSurv

Job description

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

The individual selected for this role will be responsible for analyzing data extracted from Firm records and other sources, to assess compliance with regulatory requirements and Firm policies, adherence to suitability standards, and appropriateness of rationale for account activity based on facts and circumstances.

This position requires the ability to grasp complex concepts coupled with understanding and analysis of investment strategies and risk management techniques and will involve basic administration of technology platforms with a focus on increasing automation and workflow efficiency. The role involves interactions with various business areas within the Firm.

What You Are Good At

• Risk Identification: Experience and proficiency in identifying risk in client suitability and investment strategy concepts.
• Communication: The ability to communicate effectively with internal clients using empathy and persuasion.
• Technology Maintenance and Testing: Comfort in and experience with basic administration functions of technology platforms including quality assurance and testing.
• Organization and Time Management: The ability to take on multiple requests at once and effectively complete tasks in an efficient manner.

Responsibilities

• Review reports generated from various sources designed to highlight transactions or account conditions that appear to be exceptional in nature.
• Conduct statistical analysis of data across compliance to identify patterns of unusual activity in regards to compliance governance.
• Improve operational efficiencies through automation and technology-driven solutions.
• Investigate transactions or account conditions that appear to be exceptional in nature utilizing various online sources of information.
• Provide quantitative support to manage compliance risk across the various business areas of the firm.
• Basic administration, maintenance and testing of risk-based technology platforms including FIS Protegent and Global Relay.
• Work with the information technology group to document business requirements and to ensure methodologies are accurately implemented in production systems.
• Maintain records of issues requiring resolution, record interactions with supervisors and others, memorialize outcomes.
• Assist in researching and responding to SEC, FINRA, MSRB and other regulatory inquiries
• Revise applicable compliance policies and procedures on an as-needed basis
• Collaborate with colleagues on cross-departmental initiatives.
• Participate in and/or complete special projects, investigations or assignments.
• Complete ad hoc assignments in the general areas of compliance risk management and analytics.

Required Experience

• Bachelor's degree preferred or equivalent experience
• FINRA Series 7 & 66 Securities License preferred; or the ability to obtain with the first 6 months of employment
• Minimum 3 years regulatory or brokerage experience in surveillance, inspections or branch supervision
• Knowledge of securities laws, rules and regulations applicable to investment advisers and broker-dealers
• Knowledge of Thomson Reuters BETA platform; and/or ProSurv a plus
• Knowledge of broker-dealer products, including, but not limited to; equities, options, fixed income, derivatives, annuities, and investment advisory services preferred

Required Skills

• Ability to conduct research and work on projects independently or with little guidance and present results to non-technical teams
• Proficiency in MS Word and Excel
• Excellent organizational, analytical and problem-solving skills
• Outstanding written and verbal communication skills

Why work for us?

Benefits: Janney believes that its employees are the key to what makes a great company. We believe that a balance between work and non-work activities is essential to superior performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus, Employee Ownership, and Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future. Explore further.

Janney is an award-winning full-service wealth management firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. People are our strongest asset. We recognize that when our team members thrive, our firm is more successful.

Janney is an equal opportunity employer and makes employment decisions on the basis of merit and business needs.