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High-Net-Worth Branch Compliance Officer – Investment Bank
at Jack Kelly in New York, NY
A branch office of a global investment bank engaged in serving high-net-worth clients seeks a Compliance Officer.
The Branch Compliance Officer will be responsible for the following:
• Responsible for assisting in branch’s overall development and implementation of Sales Practice efforts, including ensuring adherence to internal policies and regulatory requirements.
• Assist in the supervision of client trade activity for High Net Worth branch.
• Identify and follow-up on outstanding risks and suitability associated with such activity to identify sales practice concerns; where appropriate; Contact clients and coordinate with sales personnel.
• Review and approve new accounts, review outgoing/incoming correspondence, conduct annual Investment Representative book reviews, review trade blotters (including commodities business)
• Assist in communicating compliance, sales practice and legal issues of importance to senior management.
• Assist in coordinating audits conducted by regulatory agencies and internal audit department
• Investigate and work with Legal to resolve customer complaints involving sales practice, operational and administrative issues.
• Assist in educating sales force, senior management, operational and support staff of continually changing industry rules and regulations.
Position Requirements:
• Series 8 or 9/10 license required; Series 3 a plus
• Ability to identify risk associated with trade activity, client suitability, excessive trading, general sales practice issues
• Experience with broker/dealer and/or branch brokerage sales (preferably in a supervisory role)
• Experience speaking/engaging with sophisticated HNW, Institutional clients and sales personnel
Please email Jack Kelly - jkelly
The Branch Compliance Officer will be responsible for the following:
• Responsible for assisting in branch’s overall development and implementation of Sales Practice efforts, including ensuring adherence to internal policies and regulatory requirements.
• Assist in the supervision of client trade activity for High Net Worth branch.
• Identify and follow-up on outstanding risks and suitability associated with such activity to identify sales practice concerns; where appropriate; Contact clients and coordinate with sales personnel.
• Review and approve new accounts, review outgoing/incoming correspondence, conduct annual Investment Representative book reviews, review trade blotters (including commodities business)
• Assist in communicating compliance, sales practice and legal issues of importance to senior management.
• Assist in coordinating audits conducted by regulatory agencies and internal audit department
• Investigate and work with Legal to resolve customer complaints involving sales practice, operational and administrative issues.
• Assist in educating sales force, senior management, operational and support staff of continually changing industry rules and regulations.
Position Requirements:
• Series 8 or 9/10 license required; Series 3 a plus
• Ability to identify risk associated with trade activity, client suitability, excessive trading, general sales practice issues
• Experience with broker/dealer and/or branch brokerage sales (preferably in a supervisory role)
• Experience speaking/engaging with sophisticated HNW, Institutional clients and sales personnel
Please email Jack Kelly - jkelly
Published at 14-07-2010
Viewed: 12 times
Viewed: 12 times