Overview:

Monitors and evaluates developments in SEC and FINRA regulations in order to mitigate the risk of legal or regulatory sanctions, financial loss, or damage to reputation and franchise value from failing to comply with laws, regulations, standards of conduct and policies for the Retirement Services product area.

Responsibilities:

Conducts required internal regulatory examinations including, but not limited to, on-site branch audits to verify and document compliance.Implements and conducts various monitoring and testing to ensure adherence to regulatory and internal requirements.Monitors registered representative email to confirm established procedures are met including ad hoc monitoring in conjunction with investigations. Identifies potential non-compliance practices, makes determination on necessary action and implements to ensure compliance.

Acts in an advisory capacity to support the creation and maintenance of legally required documentation, and books and records of the broker/dealer.

Monitors proposed, adopted and amended rules and regulations to guide appropriate compliance activities.Keeps abreast of industry best practices and evolving trends by monitoring related publications and websites. Ensures relevant changes are communicated timely to affected parties.

Reviews accounts submitted by sales to ensure accurate client information upon account setup.Reviews compliance materials sent to sales and clients from Corporate Distribution Center to verify materials are current and accurate. Ensures representatives are using only the most current pieces and discarding outdated materials.

Makes recommendations to management regarding development of policies and procedures to identify and implement processing efficiencies.Provides subject matter expertise regarding new product development and enhancement activities to ensure compliance.

Acts in a Principal capacity for required regulatory signoffs in accordance with SEC and FINRA standards.Reviews sales presentations, seminar invitations, marketing and training materials, etc. prior to use to ensure accuracy and proper retention of these materials.

Responds to queries from internal partners and external sources to provide consistent response and determine where additional education or communication may be required.Responds to FINRA inquiry letters and customer complaints by conducting further investigation, gathering information and composing response letters. Copies, tracks and files all appropriate documentation in accordance with applicable regulations.

Supports all regulatory requirements for registered persons including FINRA and state registration and maintenance. Tracks appropriate/required information on tracking systems. Ensures registered representatives are aware of their requirements for continuing education, trainings and Annual Compliance Meetings. Provides input on areas needed for training and completes the Needs Analysis annually.

Provides back up and support to other Compliance personnel for business continuity and customer support purposes.

Qualifications:

Associate's Degree - Preferred

3 years of experience in broker/dealer compliance experience.

1 year of experience in Supervisory Principal experience.

SIE, S6/7, S26/24, S63 licenses - Required

Compensation:

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $76,930-$120,890. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.