Regional Compliance Director

PRIMARY FUNCTION

As a member of the Market Conduct & Compliance department, the incumbent reports to and assists the AVP of Regional Compliance. This position will support and work with Field & Home office personnel to ensure that all sales and administrative activities are in compliance with Company policy, insurance regulations, SEC regulations and FINRA guidelines within their assigned region. The incumbent will be expected to engage in activities including, but not limited to, training, communication, advice, oversight, audits and inspections and appropriate implementation of corrective action.

PRINCIPAL RESPONSIBILITIES/BEHAVIORS

· Be part of a team of Regional Compliance Directors (RCD’s) handling day to day compliance responsibilities, audits, training, communication

· Identify and facilitate Field Management training needs

· Advise, counsel and direct compliance related matters in your region

· Partner with other departments to determine best practices, efficiencies and common message.

· Assist Compliance Department in effectively managing regulatory exams, inquiries and actions.

· Ensure risk areas related to suitability, replacement, misrepresentation, fraud, etc. are controlled and that field management promptly addresses any deviations

· Review, analyze, and follow-up on all agent issues, audit issues and monthly monitoring/compliance metric reports. Oversee Management's handling of various compliance issues and provide guidance on decision making where necessary

· Distribute and review compliance related data with field management on a regular basis and ensure appropriate corrective action has been taken. Escalate issues to management or business unit, as appropriate

· Develop, organize, and deliver consistent compliance related training throughout the Region, in conjunction with the Regional compliance team

· Reinforce all compliance related communications, including field releases, tutorials, etc.

· Review and clarify compliance processes for improved effectiveness, efficiency, and ease of doing business

· Communicate relevant field issues with Field Management on a timely basis.

· Develop, implement and track all field related office inspections on appropriate cycle basis for OSJ’s, branches and detached locations

· Promote, protect and set the tone to reflect the Company's reputation for ethics, integrity and honesty in all dealings

· Be the compliance Champion within the Regional area assigned and support Field Management in promoting compliance awareness to all field personnel

· Work with all levels of field management to ensure that appropriate supervisory processes and controls are established and documented

· Work with agency management to reinforce local supervisory accountability

MAJOR QUALIFICATIONS

The ideal candidate will have business ethics and integrity, excellent verbal and written communication skills, strong presentation skills, strong analytical and problem solving skills, and the ability to work independently. The individual must deal effectively with people at all levels, maintain confidentiality, and handle multiple priorities in a constantly changing environment.

· College degree preferred

· 7+ years compliance/industry related experience required

· FINRA Series 7 and 24 required

· Demonstrated leadership, organizational, management, and strategic planning skills required

· Strong communication, presentation and interpersonal skills with the ability to interact effectively with compliance and business leadership

· Knowledge of financial services industry a must

· Knowledge of compliance regulations for financial services industry required

· Ability to perform complex tasks and prioritize multiple projects

· Knowledge of field compliance requirements a plus

· Working knowledge of other related units (Legal, FINRA, etc.) a plus

· Field administrative background or knowledge of field systems preferred

· Ability to foster a cooperative work environment

· Business ethics and integrity a must

· Ability to travel 50-75%