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WesBanco · 1 month ago

Compliance Officer - Brokerage - Securities Admin

Parkersburg, WV, 26101, United States

Full-time

Onsite

Mid Level

WesBanco is a financial services company, and they are seeking a Compliance Officer to ensure adherence to regulatory standards in the brokerage sector. This role involves conducting compliance reviews, providing guidance to staff, and assisting in the development of compliance programs to mitigate risks.

BankingFinanceFinancial Services

Growth Opportunities

Responsibilities

Maintain ongoing understanding of FINRA rules and regulations; BSA & AML

Assist with the development of WSI's (WesBanco Securities Inc.) risk and compliance management practices and programs

Ability to disseminate written policies and procedures related to compliance activity

Provide compliance guidance to licensed advisors and licensed bankers and support staff

Assist to resolve complaints

Review new accounts for suitability and best interest and day-to-day broker activity

Assist in review and implementation of WSI's compliance program to ensure effectiveness

Assist with testing of procedures and creation of new procedures with changing regulatory needs

Assist in licensing and FINRA Regulatory & Firm Element and insurance continuing education for all licensed individuals

Assist with internal and external audits

Assist with the formulation/taking correction actions when necessary to respond unexpected compliance events

Review communications of advisors

Assist with compliance review of all marketing/sales material

Assist with various communication and training as needed with staff and registered representatives

Assist with branch reviews

Preparation of various reports

Electronic communication review

Qualification

FINRA rulesRegulationsBSA & AMLRisk ManagementSecurities products knowledgeCompliance trainingAnalytical skillsMicrosoft Office SuiteInterpersonal skillsCommunication skills

Required

Maintain ongoing understanding of FINRA rules and regulations; BSA & AML

Assist with the development of WSI's (WesBanco Securities Inc.) risk and compliance management practices and programs

Ability to disseminate written policies and procedures related to compliance activity

Provide compliance guidance to licensed advisors and licensed bankers and support staff

Assist to resolve complaints

Review new accounts for suitability and best interest and day-to-day broker activity

Assist in review and implementation of WSI's compliance program to ensure effectiveness

Assist with testing of procedures and creation of new procedures with changing regulatory needs

Assist in licensing and FINRA Regulatory & Firm Element and insurance continuing education for all licensed individuals

Assist with internal and external audits

Assist with the formulation/taking correction actions when necessary to respond unexpected compliance events

Review communications of advisors

Assist with compliance review of all marketing/sales material

Assist with various communication and training as needed with staff and registered representatives

Assist with branch reviews

Preparation of various reports

Electronic communication review

Ability to administer various filings on the CRD System

In-depth knowledge of a broad range of securities and insurance products

In-depth knowledge of FINRA rules and regulations and Securities and Risk Management principles

In-depth knowledge of current economic and market conditions and legislation

In-depth knowledge of criteria for determining suitability of proposed purchase of securities/insurance products for each individual client's needs

In-depth knowledge of legal principles of client's capacity/authority to transact business, and the authority of agents, attorneys in fact, executors, administrators and others to transact business on client's behalf

Ability to exercise independent sound, judgment and discretion and understand when assistance is needed

Must be able to work effectively with a wide variety of departments, managers, staff, clients and auditors

Strong interpersonal and communication (written and verbal) skills

Ability to evaluate and analyze products and services, and vendors

Represents the Company in civic, community and industry functions to network and develop additional business

Solid computer skills in Microsoft Office Suite