Osaic Careers
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 escalate 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.
