Trade Review Principal (Operations Compliance)

Integrity; Urbandale (IA); On-site; USD 80,000 - 110,000; Full time

Job summary

Integrity, LLC in Urbandale, IA seeks a Trade Review Principal to supervise brokers and investment advisory representatives. You will review and approve transactions within strict suitability guidelines and assist with regulatory compliance.

The role requires substantial broker-dealer and RIA knowledge, with Series 7/24/65/66 licensing and related state licenses. Up to 10% travel may be involved.

Qualifications

• Experience in financial services (2-4 years).
• Must understand SEC, FINRA, MSRB, AML and state regulators.
• Four-year college or university program certificate or equivalent.
• Licensing: Series 7, 24, 65/66 required; Series 4 and 53 within 6 months; state licenses may be required.

Responsibilities

• Provide Principal review and approval of transactions within suitability guidelines.
• Review brokerage and advisory accounts to ensure compliant opening processes.
• Conduct ongoing customer account reviews to detect sales abuses.
• Educate and train representatives on regulatory requirements and internal procedures.
• Notify advisors when a transaction conflicts with client profiles or policies.
• Collaborate with Compliance to address regulatory concerns.
• Develop process improvements to enhance workflow.

Skills

Broker-dealer knowledge

RIA processes

Regulatory knowledge (SEC/FINRA/MSRB)

Communication skills

Time management

Core values adherence

Education

Four-year college degree/certificate

Tools

FINRA licenses (Series 7/24/65/66)

Insurance and securities licenses

Job description

Role

This position will have supervisory responsibility of Brokers International Financial Services, LLC registered representatives and investment advisory representatives. The Trade Review Principal (TRP) will need extensive industry knowledge and operational experience related to suitability and trade review along with time management and organizational skills.

Essential Job Functions

• Provide Principal review and approval of transactions while working within firm’s established suitability guidelines and time frames.
• Provide Principal review and approval on a variety of business types: mutual funds, annuities, variable life insurance, 529 plans, financial planning, alternative investments (REITs and DPPs), advisory and brokerage transactions.
• Review brokerage and advisory accounts held through our clearing firms to ensure that the account opening process follows all company guidelines.
• Conduct ongoing customer account reviews to detect potential sales abuses.
• Maintain product knowledge.
• Provide education and training to representatives concerning regulatory, corporate and legal requirements, general product offerings, licensing issues as well as internal processes & procedures.
• Notify advisors when a transaction conflicts with a client’s investment profile, a company policy, or an industry regulation. Work with advisors to resolve escalated issues surrounding these investments.
• Work with the Compliance Department as needed to address regulatory concerns or improper sales practices.
• Develop process improvement recommendations to enhance department workflow.

Knowledge, Skills, and Abilities

• Must display Core Values.
• Advanced technical knowledge and advanced understanding of broker‑dealer and RIA business processes.
• Thorough understanding of rules, regulations and legal requirements of the SEC, FINRA, MSRB, AML and state securities regulators.
• Product knowledge in variable life, variable annuities, mutual funds, managed accounts, financial planning, and securities.
• Strong conceptual skills with an ability to deliver big ideas that drive results.
• Exceptional written and verbal communication skills.

Experience and Education

2-4 years of prior financial services experience.

Education

Four‑year college or university program certificate; or equivalent combination of education and experience.

Licensing

FINRA Series 7, 24, 65/66 required. Series 4 and 53 required within 6 months. Insurance and securities license(s) in state(s) of operation for life, health, and variable annuity may be required.

Physical Requirements

Office Position.

Travel

Up to 10%.

Integrity, LLC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law. In addition, Integrity, LLC will provide reasonable accommodations for qualified individuals with disabilities.