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Osaic

Compliance Analyst

Osaic, Oakdale, Minnesota, United States

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Compliance Analyst

Location(s): Atlanta, La Vista, Oakdale, Scottsdale, St. Petersburg Osaic is not considering remote candidates at this time. Hybrid schedule requires a minimum of 4 days weekly in the office. Applicants must be located at one of our hubs listed above and willing to work this schedule. Role Type

Full-time Salary

$55,000 - $63,000 per year + annual bonus Actual compensation offered is determined individually, based on location, skills, licensure, experience, and education. Benefits

Health, vision, dental insurance, 401k, paid time away, volunteer days, and more. For details, visit our careers page. Summary

The Compliance Analyst safeguards Osaic’s financial services operations by monitoring advisor activity and identifying potential compliance risks. The analyst reviews financial professionals’ books of business, analyzes trade data, detects patterns indicating regulatory or policy concerns, collaborates with Internal Supervision, Compliance, and Senior Management to deliver actionable insights, contributes to surveillance procedures, leads special projects, and serves as a subject matter expert for system testing and quality assurance initiatives. Education Requirements

Bachelor's degree preferred. High school diploma (or equivalent) with significant practical experience considered in lieu of degree. Minimum high school diploma or equivalent required. Responsibilities

Review financial professionals’ books of business for common risks and regulatory issues. Create representative summaries detailing negative trends including high rates of variable annuity replacements, mutual fund B‑share and C‑share concerns, high rates of mutual fund switching, alternative investment liquidity issues, etc. Deliver trend summaries to Internal Supervision, Compliance, and Senior Management teams for review and follow‑up. Assist Surveillance Manager in creating and editing surveillance procedures. Lead additional projects and regulatory requests as necessary. Conduct quality assurance of analyst deliverables for financial professional profiles and activity‑based reviews. SME for all surveillance report IT/QA/UAT testing. Train new/current compliance analysts. Basic Requirements

Three to five years of experience in the financial securities industry. Proficient with MS Office and Word; proficiency with MS Excel is a must. Knowledge of the retail brokerage business and common investment products including mutual funds, variable annuities, alternative investments, stocks, and bonds. Additional knowledge in variable annuities and mutual funds strongly preferred. Ability to analyze large amounts of trade data and think through complex compliance issues. Must be detail‑oriented, investigative, and able to handle a high volume of work independently. Ability to interpret compliance policies and procedures, FINRA manual, FINRA notices to members, compliance notices, and other publications concerning broker/dealer regulation. Effective communication skills, both written and verbal. Preferred Requirements

FINRA Series 7 and 24 preferred. Insurance license preferred. 2+ years’ regulatory experience preferred. Experience at an independent broker‑dealer preferred.

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