Compliance, Employee Services, Associate, Salt Lake City

Global Compliance

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defense, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. Global Compliance Employee Services (GCES) is responsible for overseeing employee-related compliance matters such as licensing and registrations; employee disclosures; review and approval of employees outside brokerage accounts; private investments, outside interests, and political contributions; and the pre-clearance process for employees' personal trading activities.

Within GCES, the Licensing Compliance Team is responsible for the maintenance and monitoring of U.S. mortgage, consumer lending and commercial lending licenses. This includes assisting with license applications and renewals, regulatory reporting to both state and federal regulators, and state examinations.

An opportunity exists within the team for a Senior Analyst/Associate. The individual will work closely with business teams, Legal, Divisional Compliance and other members of GCES in all aspects of ensuring the accuracy of the firm's licensing obligations.

Responsibilities

• Interpret lending laws and regulations
• Assist with license applications, renewals, amendments, and surrender activities
• Prepare and coordinate regulatory reports and filings submitted to state and federal regulators.
• Work with large data sets to create both internal and external regulatory reporting
• Advise internal stakeholders on licensing requirements
• Draft and maintain respective policies and procedures and identify opportunities to improve processes, controls and reporting.
• Liaise with Legal, Divisional Compliance, and Business teams on reporting obligations
• Coordinate and manage regulatory examinations.
• Work on other projects and assignments as needed.

Qualifications

• 2+ years of experience in Compliance, Licensing, Regulatory Reporting, Legal, Risk Management, Audit, Financial Services Operations, or a related field.
• Familiarity with mortgage and consumer lending products or the NMLS registration process is a plus
• Strong analytical, organizational, problem-solving and project management skills.
• Detailed-oriented with a strong commitment to excellence
• Ability to work independently and manage multiple deadlines and priorities
• Excellent verbal and written communication skills
• Experience analyzing and reconciling large data sets to ensure data accuracy and reporting
• Proficiency in Microsoft Excel, Word, and PowerPoint and other data software such as ALteryx