Job Description
Job Title: Compliance Officer
Reports To: Chief Compliance Officer
FLSA Status: Exempt
GENERAL STATEMENT OF DUTIES:
PKS is a leading full-service broker/dealer and financial services firm offering state-of-the-art products and technology to more than 1,600 Registered Representatives (RR) with over 600 offices.
A Compliance Officer facilitates business decisions within a dynamic regulatory environment, solves issues across the organization and its operations, trains team members to know and understand the pertinent regulations and how we meet our responsibilities, and is adept at communicating with industry and regulatory professionals inside and outside the firm.
As a Compliance Officer, you will be responsible for assisting in ensuring adherence to both established and emerging industry regulations. Where appropriate, the position is also in charge of maintaining and improving the company’s compliance program.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Coordinate with the Compliance team for work being performed on behalf of clients.
- Analyze and interpret regulatory and compliance issues.
- Assist in developing and implementing written supervisory policies and procedures.
- Test and evaluate compliance and business processes.
- Guide clients in a productive and professional manner.
- Support day-to-day broker/dealer compliance.
- Interact with regulators on compliance issues.
- Assist with efforts related to audits, reviews, and examinations.
- Contribute to organizational learning by leading, mentoring, and coaching.
- Continually improve compliance programs for relevant entity.
- Identify and react to changes in regulatory requirements.
- Ensure business areas meet and maintain compliance requirements by preparing and reviewing new policies, procedures, and training materials.
- Lead on-going risk assessments of compliance policies and procedures.
- Support the preparation of quarterly and annual compliance reports.
- Coordinate annual and periodic regulatory filings.
- Monitor various regulatory changes and ensure the firm’s Strategic Portfolio Management (SPM) is up to date.
- Review and approve of U4 and U5.
- Review prospective RR joining PKS.
- Monitor various exceptions reports.
- FINRA registrations and CE requirements.
- Administration of Firm Element CE
- Yearly branch audits.
- Maintain the compliance program of the firm, including the compliance manuals, and related policies and procedures.
- Promote and deliver a compliance culture within the firm and assist with staff training on compliance matters.
- Assist with regulatory inquiries, branch office inspections, and internal audits.
- Monitor and interpret regulatory developments and inform compliance staff and management of these changes.
- Ability to handle several different tasks at the same time while often meeting tight deadlines.
- Assist with compliance testing and monitoring.
- Monitor the status of corrective actions being taken.
- Assist other departments within the firm with assigned tasks.
- Bring enthusiasm, resourcefulness, and a positive attitude each day.
QUALIFICATIONS, KNOWLEDGE, AND SKILLS:
- Excellent verbal and written communication skills.
- Excellent interpersonal and customer services skills.
- Excellent organizational skills.
- Exceptional time management skills.
- Superior attention to detail.
- Ability to follow a project through completion.
- Self-starter who can work independently.
- Team player who can work collaboratively.
- Ability to analyze problems quickly and efficiently.
- Ability to prioritize tasks.
- Ability to function well in a high-paced and high-volume environment.
- Computer proficiency in Microsoft Office Suite is required.
- Prior brokerage industry experience required.
- Available to travel (20%-30% maximum per year)
- The ideal candidate should have the following licenses SIE, Series 7, Series 63 or 66 and Series 24
EDUCATION and/or EXPERIENCE:
- Bachelor’s degree from an accredited college or university with emphasis on finance, business administration or related field with three (3) years’ experience in equivalent field preferred.
- Strong knowledge of FINRA rules.
- SIE, Series 7, Series 63 or 66 and Series 24 required
- Proficient in Microsoft Excel
CERTIFICATIONS, LICENSES, REGISTRATIONS:
- SIE, Series 7, Series 63 or 66 and Series 24 required
SUPERVISORY RESPONSIBILITIES: None
WORK ENVIRONMENT AND PHYSICAL DEMANDS:
The work environment characteristics and physical demands described are representative of those employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions of the position. This position operates in a professional office environment. The noise level in the work environment is usually moderate. The role routinely uses standard office equipment such as computers, phones, copiers, and filing cabinets. While performing the duties of this job, the employee is regularly required to sit or be sedentary, Daily activities will require the position to routinely walk, stand, sit, use hands and fingers, handle objects or controls, talk and hear, stand, and reach with hands and arms. Specific vision abilities required by this job include close vision. The employee may be asked occasionally to bend, lift, and/or move up to 40 lbs.
POSITION TYPE AND HOURS:
Full-time, standard workweek, Monday-Friday; 8:30 AM- 5:00 PM
PKS Investments Inc. is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Job Type: Full-time
Pay: $63,000.00 - $70,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Vision insurance
Physical Setting:
Experience:
- broker/dealer compliance: 1 year (Required)
- Microsoft Office: 1 year (Required)
License/Certification:
- Series 24 and Series 7 FINRA license (Required)
Ability to Commute:
- Albany, NY 12207 (Preferred)
Ability to Relocate:
- Albany, NY 12207: Relocate before starting work (Required)
Willingness to travel:
Work Location: In person
