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If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.

The Opportunity

The Compliance Officer will work closely with the members of a team focusing on regulatory broker-dealer compliance issues with respect to monitoring public communications, marketing, licensing/registration, handling customer complaints, recordkeeping requirements, supervision, regulatory filings, etc. The Compliance Officer will serve as the primary day to day contact for the business regarding all broker-dealer related compliance matters. The Compliance Officer will report to a supervisor with the Wealth Management Broker/Dealer Compliance division.

The Responsibilities

• Assist the Wealth Management Broker/Dealer Entities’ CCO in conducting one or more of the following responsibilities.
• Analyze marketing material for compliance with regulatory standards including, SEC, FINRA and MSRB.
• Serve as a resource to internal partners with inquiries regarding business communications.
• Monitor the existing Broker/Dealer compliance programs.
• Monitor, review and challenge risks assessments and testing of compliance programs.
• Analyze current Compliance functions and suggest enhancements and standardization, where appropriate.
• Identify and recommend necessary changes to business unit procedures to address compliance gaps or improve adherence to regulatory and firm requirements.
• Perform all necessary functions and management reporting for FINRA Rules 3130.
• Assist in the e-mail review/escalation process and lead internal investigations resulting from such reviews.
• Train staff on regulatory updates and industry best practices.
• Analyze marketing material for compliance with regulatory standards including, SEC, FINRA and MSRB.
• Assist with regulatory exams, audits, production of responses to regulatory inquiries; and support of the transfer agent operations.

The Qualifications

• Strong abilities in analytical thinking, problem solving, research, and time management
• Must have excellent verbal communication and people skills
• FINRA Series 7 and/or Series 24 licenses are preferred.
• Bachelor's degree from a four-year college or university is preferred.

This is the pay range that Magnit reasonably expects to pay for this position: $26.84/hour - $28.78/hour

Benefits: Medical, Dental, Vision, 401K