Financial Services Operations & Compliance Specialist
Position Overview
The Financial Services Operations & Compliance Specialist supports the day-to-day operations of the company's financial activities, including securities account administration, financial reporting, regulatory compliance, and licensing requirements. This role works closely with financial institutions and internal teams to facilitate account management, maintain accurate financial information, coordinate regulatory filings, and ensure compliance with applicable industry requirements. The ideal candidate is highly organized, detail-oriented, and interested in developing their knowledge of the financial services and securities industry.
Key Responsibilities
- Financial Account Administration: Coordinate the opening, setup, and ongoing maintenance of bank, brokerage, and other financial accounts. Prepare required documentation and communicate with financial institutions to support account activities and ensure records remain current.
- Financial Operations & Reporting: Prepare and maintain daily financial and operational reports, verify transaction and account information, and perform reconciliations to support accurate reporting and effective financial oversight.
- Financial Recordkeeping: Maintain accurate financial records and prepare supporting documentation and journal entries as needed for reporting and operational purposes.
- Regulatory Reporting & Compliance: Prepare, review, and submit required regulatory filings, ensuring information is accurate, complete, and submitted in accordance with applicable industry requirements and deadlines.
- Securities Licensing & Registration: Successfully complete required FINRA qualification examinations and obtain and maintain applicable securities registrations and licenses as designated by the company.
- Employee Compliance Monitoring: Track employee licensing, continuing education, training, and other regulatory obligations to ensure requirements are met and maintained within established deadlines.
- Operational & Administrative Support: Maintain organized records, support financial services workflows, and assist with administrative and operational activities that contribute to efficient business operations.
- Systems & Technology: Utilize Microsoft Office applications, particularly Excel, Word, Outlook, and PowerPoint