Compliance and Supervision Trainee

Job description

Compliance and Supervision Trainee

About IFP

We are a broker-dealer and RIA providing support to financial advisors in all areas of their business: compliance, technology, marketing, operations, practice management, and more. Our goal is to be the easiest and most frictionless firm to work with for financial advisors and we are looking for creative and talented people to help us perpetually strive toward that goal. At IP, innovation and user experience drive everything that we do. We are growing fast, and as we grow, we are excited to provide current and prospective employees new and exciting opportunities.

Job Responsibilities

We are looking for a Supervision and Compliance Principal trainee. After passing required tests and learning both sides of compliance, trainee can apply for principal position.

Responsibilities include:

Studying for tests to become a Principal

Answer directed calls for low level compliance questions. Assist advisors with low level research into questions and.learn to review marketing material, stationery, e-mail review, gifts, entertainment and due diligence trip requests

Learning to Monitor the sales practice activities of IP's financial professionals

Learn corporate policy to approve client new account documentation and trade records, complex products applications

Learn to monitor IP Advisor's trading activity, documenting findings, and managing concerns

Assist in developing processes and procedures to ensure adherence to supervision and compliance requirements as required by FINA, SEC, State and other regulators

Interpreting, applying, and recommending changes to organizational policies and procedures

Assist with any aspects of oversight include systems help, creating spreadsheets, data entry, learning new systems as needed

Willing to assist registrations with terminated advisors, learn insurance appointments and high-level basic registration concepts

Job Qualifications:

We are looking for candidates with the following qualifications:

More than 1 year of experience in a compliance, supervision, and/or operations role at a BD and/or RIA

FINRA Series 7 required, 66 recommended. Willing to sit for required licenses within a specified time frame. Some portion of study time will be during work hours.

Exposure to Salesforce and Microsoft Suite is desired

Comprehensive Company Benefits:

Health Insurance

401k

PTO