Surveillance Analyst

Osaic; Scottsdale (AZ); 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 in a hybrid, office-centric role centered in our Scottsdale hub. The position focuses on completing field advisor and product activity-based reviews and supporting the Compliance Manager in daily oversight of regulatory controls.

The candidate will review trading activity, alerts, and data to identify potential violations, while collaborating with senior teams. A bachelor’s degree is preferred, with FINRA licenses and brokerage knowledge highly valued.

Qualifications

• 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.
• FINRA Series 7 required.
• 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.

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 elevate 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.

Skills

MS Office Proficiency

Excel Proficiency

Analytical thinking

Effective communication

Attention to detail

Education

Bachelor’s degree preferred

High school diploma required

Tools

MS Office

Excel

Word

FINRA Manual

Sales Practice Manual

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.

Benefits

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

Equal Opportunity Employer

Osaic is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.

Eligibility

Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Osaic.

Unqualified Applications

Osaic does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Recruiting Agencies

Osaic only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.