Director, Securities Compliance

At FNBO, our employees are the heart of our story-and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success.
Our Modern, Flexible Workplace:
We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to work from anywhere at any time, allowing for more flexibility in where and how you work. We know that choice and flexibility are important to you. We also recognize that flexible and remote positions can become opportunities for military partners, caregivers, and individuals with disabilities to thrive at our company. We invite you to consider what a Modern, Flexible Workplace can mean for you!
It is anticipated that an incumbent in this role will work remotely 100% of the time and will share a hoteling workspace if/when working onsite, as determined by business needs. The incumbent can work remotely from anywhere in FNBO's 8 state footprint.
Summary of the Job:
The Director of Securities Compliance serves as the second line individual accountable for overseeing all aspects of compliance for Northland Capital Holdings, Inc., and it's subsidiaries including a FINRA registered broker-dealer, SEC registered investment advisory firm serving retail and institutional customers, and conducting public or corporate finance underwriting and advisory and research activities. In addition, this individual contributor position advises on other business initiatives as needed for the Wholesale Bank (e.g., FX trading) division of First National Bank of Omaha.
The ideal candidate will be a hands-on compliance expert with extensive retail broker dealer, capital markets, public finance and investment adviser regulatory expertise. This individual will work directly with business personnel, risk management personnel and management.
About This Role:
Compliance Controls:

• In partnership with first line risk partners, evaluate the compliance programs to ensure and maintain compliance with applicable rules and regulations;
• Assess risk, document the mitigating controls and report any gaps requiring attention;
• Test controls and require action plans when gaps are identified; develop and communicate annual testing calendar;
• Provide credible challenge to new and changed business concepts
• Effectively identify conflicts of interest
• Establish and monitor metrics for first line risk monitoring and reporting
• Monitor business unit testing to identify areas of potential risk

Regulatory Change Management:

• Provide regulatory advice on all relevant rules, regulations, laws and standards of conduct
• Monitor regulatory landscape and determines applicability to internal processes and products
• Establish implementation requirements for regulatory changes and administer change control process
• Review and ensure administration of written supervisory procedures and other compliance policies and procedures
• Perform and report on the annual review of the compliance program

Registration, Licensing and Training:

• Ensure that all employees are properly registered
• Conduct FINRA Firm Element Continuing Education needs assessment and administer program
• Monitor and oversee Regulatory Element Continuing Education program
• Establish annual regulatory training calendar for the business units, approves training content and works with Human Resources and business units to administer and monitor training completion

Surveillance

• Review and monitor marketing and disclosures
• Monitor and test supervisor activities

Regulatory Reporting and Recordkeeping

• Ensure timely and accurate submission of FINRA, MSRB, SEC, and other regulatory filings
• Evaluate compliance with the Firm's record retention program

Compliance Issues and Corrective Action:

• Manage reporting and resolution of regulatory issues identified by the staff, compliance testing, internal audit or examiners; approve action plans and validate implementation

Complaints:

• Perform trending and root cause analysis, produce management reporting to be integrated in the overall First National complaints reporting and facilitate process changes

Regulatory Examinations/Audits; Board and Management Reporting:

• Lead regulatory examinations and audits
• Report in a concise, relevant format to business management and the firm Board/holding company executive management

The Ideal Candidate for This Role:
Knowledge, Skills and Abilities

• Regulatory Expertise:
• Is knowledgeable of applicable regulations, remaining aware of changes to the regulation or applicability of the regulation to firm.

• Is knowledgeable about the results of any relevant internal audits and provides input into the action plans to address any weaknesses identified.
• Monitors regulatory activities and industry developments and identify trends and emerging issues.
• Demonstrate a consultative approach with the ability to analyze stakeholder's needs.
• Excellent communication skills at all levels in the organization. Proven ability to influence in high impact business meetings.

Job Requirements

• Series 7, 24, 53 registrations; options principal and Series 86 and 87 preferred
• 7+ years of SEC registered investment adviser, broker dealer, municipal advisor, public finance underwriting, equity capital markets and research compliance experience.
• Strong industry connections and participation in relevant organizations
• JD preferred
• Experience managing communications with regulators and internal audit departments.
• Well-developed communications, analytical, organizational, and project management skills.
• Control room experience preferred
• Risk assessment experience preferred

Compensation:
Compensation range (base pay): $93,977.00-$159,762.00
Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.
Benefits Overview:
We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:

• Medical, Dental, Vision Insurance
• 401k, With Matching Contributions
• Time Off Programs
• Health Savings Account (HSA)/Dependent Care
• Employee Banking
• Growth Opportunities
• Tuition Assistance
• Short-Term/Long-Term Disability Insurance

Learn more about FNBO benefits here: https://www.fnbo.com/careers/benefits/.
For additional information regarding compensation and benefits, e-mail FNBO at TAGAdmin@fnni.com. To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.
Job number: R-20231069
Registration Requirement:
This position requires Financial Industry Regulatory Authority (FINRA) registration. Qualification requirements include meeting applicable financial industry responsibility, regulatory requirements, credit fitness and criminal background standards. Successful candidates must meet ongoing regulatory requirements including acceptable background investigation, credit report and fingerprinting results.
Equity, Diversity, & Inclusion:
FNBO is committed to belonging, inclusion, diversity and equity. We are committed to intentionally and proactively creating pathways to success for historically underrepresented populations. To accomplish this, we foster a culture of belonging and inclusion so that every employee is valued, and has opportunity and the ability to make an impact. FNBO strives to reflect the diversity of the communities we serve in the makeup of our workforce.
See the full FNBO Equity, Diversity, & Inclusion Statement here
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.
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