Compliance Supervisor - Navy Federal Financial Group

Overview

To act as the general securities Supervising Principal for Navy Federal Investment Services (NFIS) registered sales personnel and NFIS online offerings. To ensure all NFIS field transactions and staff activities comply with state, federal, legal and regulatory agency requirements. Oversee securities and insurance activities by reviewing, approving and monitoring new accounts, trades, and insurance processing activities; includes review of any related communication, reports, presentations, materials utilized for compliance purposes. Supervise compliance related activities performed by registered representatives at NFIS, LLC member FINRA/SIPC and an SEC Registered Investment Advisory Firm as well as activities through NFIS online offerings. Provide effective compliance guidance for insurance activities through Navy Federal Financial Group, LLC, an insurance agency. Provide effective compliance guidance to all registered employees. Conduct annual testing for NFIS. Perform complex/difficult tasks with considerable latitude.

• Monitor and review new and existing regulations and legislation to ensure compliance
• Ensure full compliance of all applicable regulatory organizations and NFFG
• Recommend policy and procedural changes to ensure compliance
• Prepare ad hoc and required industry and regulatory reports including audit inquires in compliance with internal and external regulations
• Serve as liaison and manages communications with internal and external auditors with regards to processes, procedures, key controls and system controls
• Act as site resource to resolve compliance related issues generated from transaction activities
• Collaborate with Training Instructors to develop/monitor compliance training programs and material in accordance with compliance policies and procedures
• Assess and review work performed by staff to determine problem areas; may recommend to management the need for additional training
• Communicate changes in related industry developments and impacted organizational changes to field employees
• Review and advise on risk determination and compliance impact of new or revised corporate initiatives
• Monitor company and individual activities for compliance; identify and resolve non-compliance issues
• Prepare regulatory filings, including responses to regulatory inquiries
• Conduct in-house reviews (internal audit) to test compliance policies and procedures and initiate any requisite follow up action
• Analyze reports and regulatory updates, proposals and/or recommendations for senior management to enhance and improve processes
• Perform other related duties as assigned or appropriate

• Experience in a compliance position in the financial services industry
• Experience in managing and maintaining an effective, ongoing compliance program
• Working knowledge of banking/financial industry standards and practices
• Experience in member/customer service operations to include understanding of effective member/customer service philosophy
• FINRA principal registrations Series 24 and 53
• FINRA registrations Series 7,and NASAA Series 63 and 65 or Series 66 and applicable state life/health insurance licenses
• Effective skill presenting findings, conclusions, alternatives and information clearly and concisely
• Effective word processing and spreadsheet software skills
• Effective database and presentation software skills
• Advanced skill verbal and written communication skills
• Effective skill exercising initiative and using good judgment to make sound decisions
• Effective organizational, planning and time management skills
• Effective skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes
• Effective skill in conflict management and resolution
• Effective relationship building, negotiation and facilitation skills
• Effective research, analytical and problem solving skills
• Bachelor's Degree in a related field or the equivalent combination of training, education, and experience

• Advanced Degree in Finance, Business/Management, Legal or related field
• Familiarity with Navy Federal objectives, functions and policies
• CRCP, IACCP and/or CSCP Certification