[Remote] Senior Associate, Suitability Compliance Principal

Note: The job is a remote job and is open to candidates in USA. New York Life is a leading financial services company dedicated to providing financial security and peace of mind. The Suitability Compliance Principal will oversee the review of new and replacement sales for mutual funds, annuities, and life insurance, ensuring compliance with regulatory requirements and firm policies.

Responsibilities

• Using NYLSEC suitability systems and related administrative systems, review new business submissions, in-force transactions, and account activity to ensure compliance with applicable regulatory requirements, firm policies, and supervisory procedures
• Conduct transaction reviews and surveillance activities to identify potentially unusual, suspicious, or non-compliant activity. Escalate matters as appropriate and assist in investigations and resolution efforts
• Perform principal-level review and approval of designated securities transactions and new business activities in accordance with FINRA, SEC, and firm supervisory requirements
• Monitor customer transactions and representative activity for patterns, trends, or exceptions requiring heightened review by Compliance, Supervision, or Risk Management
• Provide guidance and support to registered representatives, field supervision, and business partners regarding transaction processing requirements, supervisory expectations, and regulatory obligations
• Review and analyze pend reports, surveillance alerts, and other supervisory monitoring tools to identify risks and recommend appropriate corrective actions
• Provide feedback to team members regarding transaction reviews, surveillance findings, and case documentation. Identify coaching opportunities and recommend training based on observed trends
• Create, maintain, and enhance NYLSEC supervisory procedures, transaction review processes, surveillance protocols, and related compliance documentation
• Train team members and business partners on new regulatory requirements, supervisory procedures, trade surveillance processes, and operational controls
• Advance team objectives by leading or participating in projects that strengthen supervisory controls, improve operational efficiency, enhance surveillance capabilities, and support regulatory compliance initiatives
• Partner with Compliance, Operations, Supervision, and Technology teams to develop and implement process improvements, surveillance enhancements, and regulatory change management initiatives
• Conduct quality control reviews to evaluate adherence to supervisory procedures, ensure consistency of reviews, and strengthen the team's overall control environment
• Assist with regulatory examinations, internal audits, compliance testing activities, and responses to inquiries related to transaction review and trade surveillance functions

Skills

• 3+ years' experience in the securities industry, preferably involving Mutual Funds, Annuity, and Life products
• Active FINRA Series 6 and 26 required
• Strong written and verbal communication skills
• Detail-oriented with excellent judgment and investigative skills
• Bachelor's degree preferred
• FINRA Series 7 and 24 preferred

Benefits

• Annual discretionary bonus
• Incentive program
• Leave programs
• Adoption assistance
• Student loan repayment programs

Company Overview

For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime. It was founded in 1845, and is headquartered in Leawood, Kansas, USA, with a workforce of 10001+ employees. Its website is https://www.newyorklife.com/amn.