Wealth Management Compliance Specialist - New York, United States - EF Hutton

EF Hutton
EF Hutton
Verified Company
New York, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

The Company


EF Hutton is a fast-paced, high-growth, global investment bank founded by experienced investment professionals that have collectively financed over $250 billion for public and private companies alike.

EF Hutton offers strategic advice and financing solutions to middle market and emerging growth companies around the globe.

***: The Wealth Management Compliance Specialist plays a key role in ensuring the organization operates ethically and within the bounds of the law by ensuring policies and procedures are followed, monitoring compliance activities, and educating employees on compliance issues. This role maintains accurate records of compliance activities and provides support in investigations of compliance violations. As a member of the compliance team, you will play a critical role in helping to protect the organization from legal and reputational risks and in creating a culture of compliance across the organization by ensuring that all employees understand their responsibilities in maintaining compliance with laws, regulations, and ethical standards.


ESSENTIAL FUNCTIONS:


The EF Hutton Compliance team is seeking an associate to join our Wealth Management team, based out of our Long Island Office in Woodbury, NY.

As part of this team, primary responsibilities will include:


  • Monitoring and conducting surveillance focusing on compliance with regulatory requirements under Regulation Best Interest and associated internal controls.
  • Assessing financial product and transaction suitability relating to a range of clients, ensuring strict compliance with regulations and internal policies.
  • Interacting with the Wealth Management business unit, Compliance, Legal and Operations teams on a daily basis.
  • Reviewing marketing materials that are used to pitch products and services to clients.
  • Advising Wealth Management business unit on regulations, policies, and client issues.
  • Escalating any unusual activity to senior management.
  • Conduct regular reviews and assessments of Firm policies, procedures, and controls to ensure compliance with applicable laws and regulations.
  • Assisting with the development and implementation of the Firm's supervisory policies and procedures.
  • Keeping abreast of, monitoring, and analyzing developing trends and changes in regulatory compliance laws, rules and regulations, and advises management of the operational impact of such trends and changes. Facilitating implementation of new and regulatory changes as necessary.
  • Develop and deliver training programs, as needed.

SUPERVISION RECEIVED:


  • Reports directly to the _Chief Compliance Officer._

REQUIRED AND PREFERRED QUALIFICATIONS:

-
Minimum Education: Bachelor's degree.

-
Preferred Professional Experience:


  • Minimum 2 years experience in a compliance function or similar role
  • Hold the Series 7 and 24 FINRA licenses or be willing to pass exams in a reasonable period of time.
-
Required Experience, Skills, and/or Knowledge:

  • Understanding of rules, regulations and regulatory requirements of Regulation Best Interest.
  • Familiarity with relevant financial regulations, such as SEC, FINRA, and applicable state and federal laws.
  • PC proficient including Microsoft Office (Excel, Word, Outlook).
  • Demonstrates superior organizational and prioritization skills with keen attention to detail.
  • Must be able to handle highly confidential information.
  • Utilizes a high degree of discretion, judgement, tact, and professionalism, both in person and on the phone.

COMPETENCIES:

-
Quality of work & attention to detail: Delivers error-free work that fulfills the requirements of the assignment.
-
Organization & Productivity (separate from billable hours): Efficiently uses time; plans and prioritizes work effectively; completes assignments on schedule; seeks to assist in areas outside of standard scope of responsibility; gets things done.
-
Client Management (both internal and external clients): Makes clients the top priority while effectively managing client expectations; listens carefully to client needs and recommends appropriate services in response; keeps client informed and follows up to ensure client satisfaction
-
Contributes Constructively:Provides helpful, relevant, and original ideas that result in improvements to work and deliverables. Challenges the status quo.
-
Positivity & optimism: Maintains a positive outlook; faces challenges with optimism; sees the possibilities in all situations.
-
Accountability: Takes personal accountability for actions, rather than placing blame on others.
-
Initiative & Follow Through: Identifies what is needed to be done and does it before being asked or before the situation requires it; acts quickly to achieve results; sees tasks through to the end. Is dependable and reliable and brings their best each day and to every task.
-
Adaptability/Flexibility: Adapting to changing needs, conditions, and work responsibilities; meet
More jobs from EF Hutton
See all jobs of EF Hutton