Compliance Analyst - Broker Dealer

Job Description

The Broker Dealer (BD) Compliance team is responsible for ensuring that the Firm's policies and procedures are applied consistently in the regulatory review of new applicants. Our core function is to evaluate prospective individuals against the Firm's standards, as well as the rules and regulations governing our highly regulated industry. We guide and advise internal and external partners throughout the onboarding and approval process, helping them understand eligibility requirements, documentation expectations, and potential risk indicators. We work in partnership to identify compliant solutions where possible, supporting our business partners and field force in bringing qualified applicants into the organization while maintaining regulatory integrity and protecting the Firm.

What You'll Do:

• Conduct thorough reviews of each applicant, including background reports, internet searches, disclosure history, and all other available information sources.
• Identify regulatory concerns, issues prohibited by firm policy, and other risk factors that may impact the applicant's affiliation.
• Develop and submit targeted questions to stakeholders to clarify discrepancies, address concerns, and obtain missing information.
• Analyze responses to determine overall risk level and recommend appropriate next steps.
• Prepare Outside Business Activity (OBA) acknowledgment letters and generate detailed regulatory filing instructions.
• Review Office Sharing arrangements for new applicants to ensure alignment with regulatory and firm requirements.
• Apply strong critical-thinking and sound judgment when evaluating complex information or ambiguous situations.
• Collaborate with external and internal partners to ensure regulatory and firm expectations and requirements are clearly communicated and consistently met.
• Document findings, decisions, and rationale in accordance with firm policies and regulatory standards.
• Provide secondary review for regulatory responses to ensure accuracy, completeness, and consistency.
• Identify and maintain key risk areas to support the development and enhancement of compliance training and improvements to systems related to onboarding review.
• Deliver occasional training to internal and external partners on compliance topics related to onboarding and applicant review.
• Input cases, documentation, and decisions into firm-approved tools and systems with accuracy and timeliness.
• Stay informed on new regulations, policies, technologies, and associated compliance implications to support proactive risk identification.
• Participate in project work as assigned to support department initiatives and enhance compliance processes, included but not limited to large recruiting deals and acquisitions.
• Assist with phone calls received through the Compliance Inbox.
• Respond to and address general inquiries from external and internal partners to ensure compliance with applicable laws, regulations, and firm policies and procedures.

What You Need to Have:

• 1-3 years of BD Compliance experience
• FINRA Series 7 & 24 required
• HS Degree at minimum, with Bachelor's Degree preferred.
• Regulatory Knowledge: Strong understanding of FINRA, SEC, and state regulatory frameworks; ability to interpret and apply industry rules, regulatory guidance, and firm policies.
• Critical Analysis: Ability to evaluate complex information, identify patterns or inconsistencies, and make accurate, risk-based determinations.
• Attention to Detail: Consistently ensures accuracy, completeness, and precision when reviewing and documenting information.
• Critical Thinking: Demonstrates sound judgment and logical reasoning when assessing ambiguous situations or competing information.
• Communication: Delivers clear, concise, and professional written and verbal communication to stakeholders at all levels of the organization.
• Collaboration: Works effectively with cross-functional partners to resolve issues, share information, and support a smooth and compliant onboarding process.
• Adaptability: Manages high volumes, shifting priorities, and changing requirements while maintaining quality and meeting deadlines.
• Confidentiality & Integrity: Upholds strict standards for handling sensitive information and consistently acts with professionalism and ethical responsibility.
• Technology Proficiency: Demonstrates strong working knowledge of Microsoft Office (Excel, Word, PowerPoint) and familiarity with Salesforce (preferred).
• Interpersonal Relations: Builds positive, respectful relationships; fosters trust and open communication with internal partners and field personnel.

Compensation:

The base salary range for this role in Dallas, TX is $66,000 - $95,000, plus a competitive performance-based bonus. Base salary depends on a wide array of factors, including but not limited to skill set, years and depth of experience, certifications, and location. Salary range may also differ significantly due to geography and cost of labor considerations.

#LI-Hybrid

About Us

About Us

What we give you in return:

Not many teams can say that they support people's dreams coming to life... We happen to do that every day. And as important as we know your career is, we recognize that there's a whole lot more to life. To ensure that our Employees can make the most of their time outside of working hours, we offer a competitive salary and for full-time roles, a benefits package including:

• Inclusive health, dental, vision and life insurance plans built to support diverse lifestyles, offer preventative care, and protect against hardship.
• Easy access to mental health benefits to meet our team members and their families where they are.
• 20 plus days of paid time off (PTO), paid holidays, and 2 paid wellness days to give our employees the time they need to stay close with their loved ones, recharge, and give back to their communities.
• 401(k) Savings plan with a generous company contribution (up to 5%), and access to a financial professional to offer our employees the opportunity to plan-ahead for a strong financial future well beyond their working years.
• Paid parental leave to support all team members with birth, adoption, and foster.
• Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare, commuting, and more.
• Employee Assistance Program (EAP), LifeLock, Pet Insurance and more.

About Cetera Financial Group:

Cetera Financial Group® ("Cetera") is a leading network of independent retail broker-dealers empowering the delivery of objective financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is one of the largest independent financial advisor networks in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support, and innovative technology.

"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Wealth Services LLC (f/k/a Cetera Advisor Networks), Cetera Investment Services LLC (marketed as Cetera Financial Institutions, or Cetera Investors. All firms are members FINRA/SIPC.

Cetera Financial Group is committed to providing an equal employment opportunity for all applicants and employees. For us, this is the only acceptable way to do business. Accordingly, all employment decisions at Cetera Financial Group, including those relating to hiring, promotion, transfers, benefits, compensation, and placement, will be made without regard to race, color, ancestry, national origin, citizenship, age, physical and/or mental disability, medical condition, pregnancy, genetic characteristics, religion, religious dress and/or grooming, gender, gender identity, gender expression, sexual orientation, marital status, U.S. military status, political affiliation, or any other class protected by state and/or federal law.

Agencies please note : this recruitment assignment is being managed directly by Cetera's Talent Acquisition team. We will reach out to our preferred agency partners in the rare instance we require additional talent options. Your respect for this process is appreciated.

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