Compliance Oversight Review Specialist

  • Full-time

Company Description

You and Northwestern Mutual. We believe relationships are built on trust. That our lives and our work matter. And we’re much stronger together than we are apart. These beliefs launched our company nearly 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual.

Our business is about helping people secure their financial futures, and that starts with putting people first – our clients, our employees and our field representatives. Northwestern Mutual is known for financial strength. We’re strong, innovative and growing. Come grow with us.

Job Description

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company nearly 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual.

We're strong and growing. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We're strong, innovative and growing.

We invest in our people. We provide opportunities for employees to grow themselves, their career and in turn, our business.

We care.  We make a positive difference in our communities. Nationally, thousands have benefitted from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about.

 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

 

What's the role?

The Compliance Oversight Review Specialist is responsible for completion of FINRA Rule 3010(c) examinations, consulting and working closely with financial representatives, field management, field supervisors, Law and Agency departments, and other internal/external clients as to compliance with federal/state securities and insurance regulations, as well as Northwestern Mutual policies and procedures. Supporting the Compliance Oversight and Review division, you will: complete on-site inspections and annual reviews of all Offices of Supervisory Jurisdiction (OSJ), Registered Branch Offices (RBO) and others and conduct interviews and client file reviews with each NMIS Registered Representative in accordance with company policy. Supports the communication, education, training, administration, consultation and monitoring of the OSJ Books and Records. Ensure timely analysis and decisions on Compliance Oversight & Review matters including outside business activities, personal securities accounts, regulatory reporting, contract and licensing referrals, suitability, sales contests, e-mail retention, financial representative compliance histories, FINRA regulatory element, supervisory & regulatory database, in order to mitigate risk to the firm, ensure compliance with all applicable rules and regulations and apply best practices. Requires strong knowledge of:  regulations, industry standards, company policies/practices, NM distribution systems, products, and culture in order to make independent decisions; consults with appropriate team resources as needed, and a highly effective communicator.

 

Bring Your Best! What this role needs:

 

  • Bachelor's degree with an emphasis in business or business related field or equivalent work experience.
  • General Securities Representative Series 7 and General Securities Principal 24 preferred or ability to obtain within 6 months
  • Ability to travel 25-50% of the time
  • Extensive background and two years' experience with insurance and/or investment related products, preferably Northwestern Mutual products and services.
  • Demonstrated abilities with critical thinking skills.
  • Effectively able to communicate to and have comfort in working with all levels of management, the field force, and home office clients.
  • Excellent soft skills and active listening skills with proven results.
  • Ability to navigate ambiguous and changing environments.

 

 

Industry Registration Value:

Securities professionals must pass qualifying exams administered by FINRA to demonstrate their competence in the particular securities activities in which they will work. You must pass the exams prior to engaging in those areas of the business. These exams cover a broad range of subjects on the markets, and the securities industry and its regulatory structure. This includes knowledge

 

 

 

 

Req ID: 7941
Position Type: Regular Full Time
Education Experience: Bachelor's Required
Employment Experience: 0-2 years
Licenses/Certifications: FINRA Series 24; FINRA Series 7
FLSA Status: Exempt
Posting Date: 09/15/2016

Qualifications

Additional Information