Compliance Analyst

Parsec’s mission is to help guide clients to financial security. The Compliance Analyst will work with the Chief Compliance Offer to support several functions related to compliance, including policy and procedure updates, regulatory filings, process implementation, routine compliance audits, and employee training.

Duties & Responsibilities

The Compliance Analyst can expect to focus on the following:

• Perform routine compliance audits.

• Manage the firm’s compliance software and coordinate the quarterly reports for personal securities transactions.

• Be a liaison to other employees regarding compliance concerns.

• Maintain compliance logs for: trade errors, compliance violations, marketing materials, vendor due diligence, incident management reports, etc.

• Update internal documents such a service agreement and ADV disclosures.

• Assist CCO with various firm software management, such as LastPass and Zoom.

• Assist CCO with new employee compliance training and tracking/logging of ongoing compliance and cybersecurity training for all employees.

• File u4 and u5 disclosures/updates with FINRA and update/track registered investment representative’s information, such as outside business activity, professional designations, etc.

• Maintain our proxy voting for clients and manage the relationship with our proxy voting vendor.

• Review and analyze regulatory developments and work with business units to institute or modify processes where necessary.

• Review and approve marketing materials.

• Make recommendations to enhance current procedures and systems.

Qualifications

The Compliance Analyst position typically requires the following qualifications:

• Bachelor’s degree preferably in business, marketing, or related experience.

• 3-5 years of experience as the compliance department of financial services firm.

• Proficiency in Microsoft Office (Word, Excel and PowerPoint).

Core Competencies

Job-Specific Core Competencies

• Must be organized, detail-oriented and able to reprioritize tasks.

• Does everything possible to meet goals and deadlines.

• Regularly seeks out new opportunities to contribute.

• Excellent written and verbal communication skills.

• Strong decision-making capabilities.

• Analytical and inquisitive.

• Comfortable explaining rules and policies to other employees; acts as educator to others

• Positive attitude and can work with employees in all departments.

• Excellent grammar and proof-reading skills.

Firm-Wide Core Competencies

• Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.

• Is honest, open and transparent.

• Demonstrates a commitment to accuracy by delivering high quality, error-free work.

• Maintains knowledge in given area of expertise.

• Demonstrates ability to work successfully in an entrepreneurial, small company environment.

• Highly adaptable to change and open to new ideas.

• Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.