Agency Supervisory Officer

Location

Allentown, PA | United States

Job description

The firm is looking for a FINRA registered Securities principal (Series 24) to serve as an Agency Supervisory Officer and be responsible for completing a wide variety of broker-dealer compliance and supervisory tasks with respect to the agency’s securities and advisory business through MML Investors Services, LLC as well as its insurance business with Massachusetts Mutual Life Insurance Company. This is a W2 exempt position reporting directly to the Head of Compliance.

Responsibilities

The ASO is responsible for having a comprehensive understanding of the supervisory and compliance obligations associated with the broker-dealer, registered investment advisory as well as insurance business to enforce the firm’s compliance policies and procedures.

The ASO is responsible for completing assigned tasks in a timely, professional, and accurate manner and providing updates to the Head of Compliance regarding the agency’s operations and as directed, prepare written reports.

Activities performed by the Agency Supervisory Officer include, but are not limited to, the following:

• Conduct branch inspections of registered offices and other detached locations (some travel required)
• Conduct personal interviews with advisors and registered staff
• Respond to questions from producers, agency management and associates regarding compliance issues and company policies
• Serve as the liaison for the agency with regulators and home office compliance Personnel
• Assist regulators during examinations and report the status of such examinations to home office compliance personnel
• Conduct reviews of new business to ensure ‘regulation best interest’ compliance
• Review exception reports to ensure broker-dealer and RIA compliance
• Monitor securities transactions and outside business activities
• Conduct email and social media reviews
• Partner with agency management to develop and maintain corrective action plans as needed
• Review outgoing/incoming correspondence for compliance
• Ensure client files are compliance with FINRA and SEC Rules
• Coordinate and document the completion of the annual firm element continuing education program.
• Conduct third party verification phone calls for checks and outgoing wires
• Support the operations division in a supervisory capacity
• Promptly notify and advise the home office compliance team of any potential or threatened customer complaints, demands and legal actions received by producers or associates
• Capacity to work in a fast-paced environment and maintain attention to detail
• Ability to work independently as well as in a team environment
• Commits to firm initiatives and overall vision of the firm
• Displays professionalism and confidentiality

Required

• Series 7, 63 and 24 required; Series 53 preferred. (We will help the right candidate obtain Series 53)
• Bachelor’s degree
• Minimum 2 years of related work experience in the financial services industry
• Thorough understanding of compliance requirements, suitability, and security transactions for the financial services industry
• Excellent communication skills
• Excellent computer skills

Job tags

Salary