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Regulatory Compliance Specialist

2 months ago


Remote, Oregon, United States INSPYR Solutions Full time

Position:
Regulatory Compliance Specialist

Location:
Remote

Contract Duration:
6+ month engagement

Company:
INSPYR Solutions - Compensation: $25-28/hr.

Eligibility:
US Citizens, Green Card Holders, or individuals authorized to work in the U.S.

Overview:

The Regulatory Compliance Specialist will collaborate closely with team members to address regulatory compliance matters related to broker-dealer operations. This includes oversight of public communications, marketing strategies, licensing and registration processes, customer complaint management, recordkeeping obligations, supervisory functions, and regulatory submissions.

The Specialist will act as the primary point of contact for the business concerning all compliance-related inquiries associated with broker-dealer activities. Reporting to a supervisor within the Wealth Management Broker/Dealer Compliance division, the role is pivotal in ensuring adherence to regulatory standards.

Key Responsibilities:
- Support the Chief Compliance Officer (CCO) of the Wealth Management Broker/Dealer Entities in executing various compliance functions.
- Evaluate marketing materials to ensure alignment with regulatory requirements, including those set forth by the SEC, FINRA, and MSRB.
- Serve as a knowledgeable resource for internal stakeholders regarding compliance inquiries related to business communications.
- Oversee existing compliance programs within the Broker/Dealer framework.
- Review and assess risk evaluations and compliance testing procedures.
- Analyze current compliance operations and propose enhancements and standardization where necessary.

- Identify and recommend modifications to business unit protocols to rectify compliance deficiencies or bolster adherence to regulatory and organizational standards.

- Conduct necessary functions and management reporting in accordance with FINRA Rules 3130.
- Assist in the email review and escalation process, leading internal investigations as required.
- Support regulatory examinations, audits, and the preparation of responses to regulatory inquiries, as well as assist with transfer agent operations.

Qualifications:

- Practical experience in compliance-related areas such as examinations, audits, control oversight, annual reviews, branch examinations, and employee compliance issues.

- Strong analytical, problem-solving, research, and time management skills.
- Excellent verbal communication and interpersonal abilities.
- Possession of FINRA Series 7 and/or Series 24 licenses is preferred.