Alternate Locations: Chicago, IL (Illinois); Cincinnati, OH (Ohio); Cleveland, OH (Ohio); Columbus, OH (Ohio); Dallas, TX (Texas); Denver, CO (Colorado); Detroit, MI (Michigan); Fort Wayne, IN (Indiana); Fort Worth, TX (Texas); Houston, TX (Texas); Indianapolis, IN (Indiana); US Midwest; Work from Home
Relocation assistance is not available for this opportunity.
About the Company
Lincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $222 billion in assets under management as of March 31, 2015.
As a Compliance Advisor you will travel to broker dealer field offices to examine the procedures and activities of the office, the registered representatives, managers and other broker dealer personnel associated with each office, evaluating them for compliance with applicable company and industry rules and regulations. This includes planning the visit, conducting the visit as a trusted advisor and following up on outstanding issues found during the visit.
- Schedule, plan and prepare pre-visit materials for office visits.
- Review and research office activities including, but not limited to, client files, securities transactions, correspondence (electronic and hard copy), to identify issues and determine compliance with firm and regulatory rules and procedures.
- Conduct field visits encompassing a review of sales practices, recordkeeping and adherence to compliance procedures.
- Interview registered representatives, managers, and administrative personnel regarding office procedures and activities.
- Prepare report findings of office visits and take follow-up action as necessary.
- Respond to routine inquiries from internal personnel concerning compliance issues.
- Remain familiar with current FINRA and state regulatory issues as well as the broker dealer’s own written supervisory procedures.
- Travel to field offices regularly (approximately 25% to 75% of travel).
- Interact with vendors providing audit resources.
- Responsibly complete expense reports and other paperwork in a timely, accurate manner.
- Undergraduate Degree or 4+ years of comparable work experience
- Must possess FINRA Series 7 or acquire within 90 days of hire
- 3-5 years of securities and/or insurance experience, with a preference for exposure to compliance matters.
- Experience working with regulators preferred.
- Spanish fluency preferred.
- Basic knowledge of SEC and FINRA rules/regulations, State Insurance regulations and industry best practices.
- Intermediate knowledge of compliance risk management theories and applications.
- Intermediate general compliance knowledge and experience concerning federal, self- regulatory and state rules and regulatory requirements for the financial services industry.
- Intermediate understanding of self-regulatory organizations within the financial services industry.
- Basic working knowledge of variable annuities, variable life insurance and defined contribution programs.
- Advanced presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations.
- Demonstrates ability to communicate knowledgeably and credibly with field office personnel, senior management and internal constituents regarding sensitive or difficult situations.
- Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
- Basic concepts such as probability, statistics, modeling, percentages, ratios, and proportions to practical solutions.
- Basic work with mathematical concepts such as averages and/or variances.
- Intermediate experience in identification, assessment, and communication of compliance risk within a large and complex environment.
- Demonstrated ability to effectively balance compliance risks with business needs.
- Intermediate project management skills including, critical ability to coordinate and balance multiple tasks in a time-sensitive environment, under pressure, and meeting deadlines.
- Basic ability to identify, develop and implement processes improvements.
- Finds common ground and can gain collaboration among senior management, colleagues and peers; can influence outcomes without directing or commanding.
- Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues) and external clients (registered representatives, broker dealer management personnel); proven ability to develop creative and collaborative approaches.
- Demonstrates strong interpersonal skills with collaborative style.
This position may be subject to Lincoln’s Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.