Wealth Management Compliance Analyst

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email [email protected] and every reasonable effort will be made to accommodate your needs in a timely manner.

Job SummaryThe Wealth Management Compliance & Operations Analyst is a critical member of the Mountain America Investment Services team and is responsible for ensuring that the team maintains a strong compliance focus and is operationally efficient. The ideal candidate will be adept at managing compliance risk and preventing violations or enabling early detection of potential violations of regulatory requirements and internal policy. This role acts as a liaison between advisors, managers, and credit union and broker/dealer compliance teams to achieve regulatory and operational success. The analyst will partner with advisors and managers to develop, review, and enforce compliance policies and procedures.

Job Description

LOCATION

Tanner Building - In Office:

7167 S Center Park Drive
West Jordan, UT 84084

SCHEDULE

Full Time; Monday-Friday 9:00am-6:00pm

To be effective, an individual must be able to perform each job duty successfully.

• Maintain expert-level knowledge of applicable regulations and policies to support strategic planning, perform compliance assessments, assess company practices, support risk processes, and manage projects
• Identify control improvements for monitoring risk and compliance with the end goal being team level compliance of all required regulations, including but not limited to those enforced by FINRA, the SEC, and state securities regulators.
• Review internal operating policies, programs, and procedures periodically to ensure adherence to laws, rules and regulations
• Assist in developing and reviewing compliance training materials related to operations and account processes to ensure adherence to laws, rules and regulations
• As a subject matter expert, advises in the creation or adaptation of existing processes and procedures to ensure compliance
• Monitor and audit compliance logs and documentation to ensure they are maintained timely and accurately.
• Review member complaints in CRM and collaborate with leadership and advisors to address concerns and identify trending issues. Document and implement remediation plans.
• Manage Form CRS submissions, ensuring they are submitted correctly and timely. Notify Compliance and create a tracking process to verify records were sent to clients.
• Support advisors in conducting and documenting annual advisory client reviews using F450, ensuring compliance with regulatory requirements and internal policies. Provide monthly reports.
• Facilitate and oversee all Rep Transfers and other transfer processes within the program to ensure all records move to the new Rep ID.
• Support Salesforce data management initiatives to ensure CRM is functioning properly.
• Serve as the primary point of contact for branch exams to ensure smooth and compliant processes. Collaborate with advisors to ensure branch compliance with the Branch Exams team.
• Ensure accuracy of branch and rep registrations with broker/dealer.
• Process advisors' Life Insurance Renewals and ensure they are up to date on continuing education.
• Update the knowledge center with new or revised policies and procedures.
• Perform other duties as assigned.

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

3 years professional experience in a progressive financial setting, working in a compliance setting preferred.

Education

Bachelor’s degree in business or finance or related field; or additional three years of combined experience in a progressive finance setting.

Licenses, Certifications, Registrations

N/A

Managerial Responsibility

No managerial responsibility.

Computer/Office Equipment Skills

• Intermediate skills in the following: computer operating skills (windows navigation, mouse/keyboard functionality), Microsoft Outlook, Microsoft Office Suite, applicable departmental specific software.
• Experience with finance systems and any CRM platform preferred.

Language Skills

• Demonstrated ability to clearly express ideas, methodology, results, and recommendations verbally, in writing, and through insightful reports and graphic illustrations.
• Demonstrated ability to document outcomes and present information in a manner appropriate for key stakeholders and all levels of the organization.

Other Skills and Abilities

• Ability to work both autonomously and collaboratively in a fast-paced environment.
• Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.
• Adaptive to change, responds positively to altered circumstances or conditions.
• Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems, etc.
• Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.
• Excellent interpersonal skills including the ability to lead and collaborate with ad-hoc teams.
• Strong interpersonal skills with the ability to build business relationships with vendors, business units, and leaders.
• Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.).

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands

Ability to sit, talk, and hear consistently.

Ability to stand, walk, and use hands to handle or reach occasionally.

Vision Requirements

Close vision (clear vision at 20 inches or less).

Distance vision (clear vision at 20 feet or more).

Weight Lifted or Force Exerted

Ability to lift up to 10 pounds occasionally.

Environmental

There are no unusual environmental factors (such as a typical office).

Noise Environment

Moderate noise (business office with computers and printers, light traffic).

Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.