KIS Sr Compliance Manager

The Key Investment Services Sr. Compliance Manager is responsible for leading a team within a function, product or process which ensures Key follows all required rules and regulation and understands and complies with current regulation.  They will develop business plans, policies and procedures and may also be responsible for various projects to improve efficiencies. The Sr Manager may sit in the first or second line of defense and will lead a small team that may cover a number of different functions/processes. Incumbents are known internally and externally as reliable, knowledgeable resource.

ESSENTIAL JOB FUNCTIONS

• Supervise the daily activities of the regional compliance staff within the firm’s Compliance Department to ensure compliance with all regulatory requirements set forth by SEC, FINRA and state securities and insurance divisions.
• Manage the annual branch examination process and schedule among analyst team and ensure timely submission of summary reports on these exams.
• Manage, lead and coordinate analyst staff in daily responsibilities and individual areas of expertise.
• Lead the continuous review of the branch examination process to identify efficiencies and potential improvements in accordance with industry regulatory environment and coordinate the implementation of enhancements.
• Assist with facilitation of customer complaint, arbitration and litigation investigation, resolution and documentation, and ensure required regulatory filings are processed in a timely manner.
• Assist with the coordination of the customer complaint investigation process among regional analyst staff to provide timely identification and escalation of matters.
• Serve as the firm’s primary Compliance Department contact for consultation relative to administrative/operational firm issues.
• Gather and provide information necessary to comply with requests from regulatory, legal and audit personnel.
• Assist with the investigations of situations involving sales practice concerns, document findings of those investigations, and present summary reports with recommendations for action to senior management.
• Conduct training on relevant compliance topics through new hire orientation training sessions, specialized training for identified weaknesses in assigned region and throughout firm, ongoing training in daily contacts with assigned region, and training sessions with Compliance Department and other firm administrative personnel in individual areas of expertise.
• Supervise the review and approval process for OSJ advertising and communications with the public among analyst staff.
• Coordinate, facilitate and communicate necessary updates to firm policies and procedures as required.
• Actively participate in the continuous development of proactive reporting (utilizing summary information from existing processes – branch exams, exception report reviews, customer complaints) to provide consistent and reliable information to senior management on high-level risks.
• Seek to identify additional methods to effectively detect and report on potential compliance risks (sales trends, product concentrations, policy/procedure gaps, etc.).
• Share best practice recommendations with administrative areas of the firm and sales management and provide ongoing support to administrative and field personnel regarding compliance issues.
• Serve as the primary Compliance Department contact and subject matter expert for providing guidance to firm administrative and operational areas relative to transactional documentation, trading, service, and operations issues.
• Serve as a Compliance Department designee on firm and enterprise-wide project teams for operational projects.
• Participate in special projects as assigned.

REQUIRED QUALIFICATIONS

• Bachelor’s Degree in a business-related field or equivalent experience
• 5+ years of progressively responsible compliance, regulatory or investment industry experience
• 3+ years supervisory experience
• FINRA Series 7 and Series 24
• Solid knowledge of the securities, insurance and investment advisory industries, including SEC, FINRA and state insurance and investment advisory laws, rules and regulations
• Solid knowledge of brokerage industry operations and service functions
• Working knowledge of bank channel non-deposit investment program structure and controls
• Strong written and verbal communication skills
• Demonstrated ability to problem solve and exhibit strong analytical skills
• Demonstrated ability to work in self-directed manner with good organizational skills
• Proven ability to foster open communication

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $100,000 to $150,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.