Compliance Analyst

Role Description

The Compliance Analyst is an integral member of the Compliance department that has a mission to conduct Moors & Cabot business consistent with the highest standards of commercial honor and just and equitable principles of trade. Keeping our customers’ interests foremost is key to Moors & Cabot’s success. Compliance is an integral part of serving our customers and therefore the firm’s success. The primary focus of this specific position is oversight and surveillance to protect and safeguard Moors & Cabot, its registered individuals and the clients they serve. This position exemplifies Moors & Cabot’s core values of Integrity, Service is Personal, One Team, Communication and Initiative by communicating with employees regularly, maintaining confidentiality, performing assigned duties ethically, and being a key support structure within the Compliance team. By being an active, collaborative and engaged employee, this role provides room for growth and advancement opportunities.

This full-time role reports to the Chief Compliance Officer. Working hours are Monday - Friday 8:30 AM to 5:00 PM EST. WE are looking for candidates who can confidently commute to either our Boston, Winter Park, FL or Naples, FL branches.

Role Responsibilities

• Conduct onsite/remote branch reviews as part of our risk based internal branch examination process

• Perform daily trade blotter review and approval with a focus on exception reports

• Assist with performing firm’s annual supervisory controls and verification testing

• Review, investigate, and clear all daily Trade Summary Monthly, Account Periodic, and Account Rank surveillance reports

• Review and approve Advertising/Sales Literature/Public Speaking/Trade Corrections, Annuities, and Direct Business, etc. on RedOak

• Perform investigations of potential violation of industry and firm policies, procedures and best practices (document findings and report to CCO)

• Conduct email, instant messaging, social media, and other electronic communication surveillance in accordance with firm policy and involve Branch Management as needed

• Monitor Firm and Regulatory Element Continuing Education training

• Research and respond to regulatory information requests

• Work closely with Branch Managers on investigations involving trading activity in their respective branches

• Review and oversee active/inactive accounts, advisor account cash balances, and Quarterly Fees

• Enhance and implement Compliance policies, processes, and procedures

• Organize outside brokerage account approvals and review trading activity in employee outside accounts

• Serve as administrator for various compliance applications such as Bridger, Red Oak, Red Ed, Smarsh, LinkedIn etc.

• Keep abreast of changes in regulatory rules and guidelines

• Send various approved firm letters and notifications to customers, as needed

• Organize and maintain content on Compliance Intranet site

• Maintain accurate hard copies of client files for Compliance and establish filing system

• Take initiative in career growth by engaging in provided development opportunities

• Be an active culture carrier within teams and contribute to a positive team morale

• Other projects as assigned

Key Measurements

• Ability to build rapport with internal and external contacts

• Thoroughness and accuracy of assigned task including but not limited to branch exams, controls testing, continuing education and social media oversight

• Accomplishment of annual organizational, team and personal goals as communicated by management

Minimum Requirements

• Bachelor’s degree in a business related field

• At least 2-5 years in a compliance or risk role for a broker dealer and/or investment advisor

• FINRA Series 7, 24, and 63/66

• Confident in using Microsoft Office Suite and Google Suite

• Strong interpersonal skills

• Ability to maintain confidentiality

• Prior experience with compliance-related monitoring systems

• 5% domestic travel for branch exams

• Competent in the following Knowledge, Skills, and Abilities:
  

  • Customer Service

  • Attention to detail

  • Clerical Work

  • Reading, Writing, and Oral Expression and Comprehension

  • Basic Math

  • Social Perceptiveness

  • Time Management

  • Empathy

  • Critical Thinking and Problem Solving

  • Deductive and Inductive Reasoning

  • Social Media
    

Preferred Requirements

• Experience using DocuSign and Adobe Acrobat