Job Information
Citizens Securities Principal Control Analyst in Westwood, Massachusetts
Description
The Principal Control Analyst, is responsible for conducting supervisory reviews of submitted investment / insurance business and may be responsible for executing final principal determination for the submitted business on behalf of the firm. The incumbent is also responsible for solving a range of straightforward problems and receives a moderate level of guidance and direction. Lastly, the incumbents are still acquiring higher level knowledge and skills while in this role.
Perform principal review on submitted business from financial advisors including complex transactions within the following product types: Annuities, Managed Money, Mutual Funds, Structured Notes, Market-Linked Certificates of Deposits, and Fixed Income. *Products may be added/removed from time to time. (Principal review includes but not limited to analyzing applications, disclosures, check deposits, and transaction submission systems for adequate completeness and accuracy. Additionally, conducting final suitability/best interest determinations in accordance with FINRA regulations, SEC regulations, and internal policies/guidelines is required.)
Primary responsibilities include
Exercise reasonable diligence to understand benefits and risks associated with client transactions
Independently determine business is in good order ensuring adherence with company policies, self-regulatory organizations, and state/federal regulations
Identify and articulate discrepancies relating to client accounts and trading activities
Collaborate with other business lines including Supervision, Compliance, Operations, and Sales teams.
Perform call outs to clients to confirm understanding of transaction specifics and product details.
The incumbent is responsible for risk assessment and control evaluation, which includes conducting risk assessments to identify potential risks and control gaps within the wealth management division.
Additionally, the incumbent is responsible for control testing and monitoring, compliance and regulatory oversight, and documentation and reporting.
Lastly, the incumbent is responsible for stakeholder collaboration, which includes collaboration with internal stakeholders, including risk management, compliance, and business units to address control related issues.
Qualifications
Bachelor's Degree
3 or more years of experience in investment securities sales, sales supervision, operations, or compliance
FINRA registrations Series 7, Series 24 (or Series 9/10), and Series 66 (or Series 65/63)
Demonstrate close attention to detail
Ability to analyze complex situations in a high risk fast- paced environment
In depth knowledge of the securities industry, rules, regulations, and sales practices
Ability to work independently and as part of a team
Excellent interpersonal, verbal, and written communication skills
Excellent problem-solving skills, and decision-making skills
Experience with investment and insurance products including: Annuities, Managed Money, Mutual Funds, Life Insurance, and Structured Products
Hours & Work Schedule
Hours per Week: 40
Work Schedule: M-F
Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.
Equal Employment Opportunity
At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.
07/12/2024