Regulatory Operations Analyst | Nonfinancial Regulatory Reporting | Financial Licensing Required
St. Petersburg, FL
Regulatory Operations Analyst | Nonfinancial Regulatory Reporting | Financial Licensing Required-2400718
Description
Essential Duties and Responsibilities
Knowledge, Skills, and Abilities:
Knowledge of:
Educational/Previous Experience Requirements:
Licenses/Certifications:
We expect our associates at all levels to:
Hybrid Work Environment: 40% in-office and up to 60% work-from-home, if desired. Must live within commutable distance from our home office.
Our home office locations are: St. Petersburg, FL, Memphis, TN and Southfield, MI.
Job Summary: Under minimal supervision, uses intermediate knowledge and skills obtained through experience and/or training to complete non-financial regulatory reporting and assist the firm in maintaining proper compliance with industry/firm rules and regulations. Collaborates with management to identify opportunities for operational efficiency and productivity improvements to mitigate financial, reputational and regulatory risk. Works with management to update processes as well as updating departmental procedures with guidance from Supervisor/Manager. Recommends solutions to problems. Contact with internal customers as well as internal auditors as required to research, identify and resolve observations. Assist in the development and coordination of operational desktop procedures, written supervisory policies (WSPs), validating the reports for completeness and accuracy prior to submission with guidance from Supervisor/Manager.Essential Duties and Responsibilities
- Responsible for the production, validation and submission of non-financial regulatory reports (e.g., Consolidated Audit Trail (CAT) Electronic Blue Sheets (EBS), Large Options Position Report (LOPR), etc.)
- Collaborates with other business units (Brokerage Operations, Trading, Compliance, IT, and Legal)
- Assists and provides input in the interpretation of new/changing securities rules, regulations, policies or laws; updates processes for compliance to rules and regulations as well as departmental procedures
- Compiles operational information for internal and external auditors (e.g. FINRA, SEC) with limited oversight
- Plans and executes remediation efforts for any identified issues with minimal guidance/support from Supervisor/Manager; assists the Manager or Senior Analyst in formalizing milestones needed in order to implement corrective action plans for any identified issues
- Assists Manager or Senior Analyst in the design, planning, and execution of testing strategies; under direct supervision, may lead the testing efforts of other analysts; communicate any issues to management that require immediate attention in a clear and concise manor; draft recommendations to mitigate risk
- Participates on projects
- Performs other duties and responsibilities as assigned
Knowledge, Skills, and Abilities:
Knowledge of:
- Non-Financial Regulatory reporting requirements
- Financial market impacts
- Regulatory terminology, concepts, and guidance
- Back Office brokerage operations processes and procedures
- Trading life cycle (Orders, Executions, Allocations)
- FINRA, SEC and Exchange trading rules, regulations and laws
- Creating procedures and business process workflow documentation
- Evaluating processes/systems and identifying risks and controls;
- Recommending appropriate actions/revisions to resolve gaps or mitigate risk
- Microsoft Office (Excel, Access, PowerPoint) and other software applications
- Written and Verbal Communication
- Operating standard office equipment
- Proactively engage, collaborate and influence business partners in the adoption of identified opportunities to create or enhance a process
- Support efforts in the evaluation or implementation of an existing or new process
- Interpret financial/brokerage rules, regulations and security laws; ensure all industry rules, regulations, and the practice follows security laws that apply to a process
- Manage multiple tasks with potential interruptions and changing priorities
- Quickly understands complex subject matters
- Demonstrate critical thinking in a constantly changing environment
Educational/Previous Experience Requirements:
- Bachelor’s Degree (B.A.) in related field and minimum of two (2) years’ experience in the areas of accounting, banking and/or financial services
~or~ - Any equivalent combination of experience, education, and/or training approved by Human Resources
Licenses/Certifications:
- SIE required provided that an exemption or grandfathering cannot be applied.
- Series 99 or ability to obtain within 120 days (as required by FINRA), required.
We expect our associates at all levels to:
- Grow professionally and inspire others to do the same
- Work with and through others to achieve desired outcomes
- Make prompt, pragmatic choices and act with the client in mind
- Take ownership and hold themselves and others accountable for delivering results that matter
- Contribute to the continuous evolution of the firm
