Compliance Officer - Brokerage - Securities Admin

Compliance Officer - Brokerage - Securities Admin

Wes Banco is seeking a Compliance Officer to focus on brokerage and securities administration. The role is hybrid, combining remote and office work on a formalized schedule across all Wes Banco markets.

Responsible for conducting reviews and performing regulatory monitoring under Written Supervisory Procedures to assess the organization’s level of compliance with applicable laws and regulations.

Expected to work independently with minimal supervision within a team to lead in the identification and assessment of risks within the company, through the execution of procedures designed to evaluate compliance with laws, regulations, and industry standards. Will make recommendations to management for closing gaps identified during the reviews.

Required to complete all assigned compliance training timely and maintain professional licenses as required in the highly regulated securities industry.

Acquire and maintain proficiency in bank policies and procedures. Adhere to all applicable laws, rules, and regulations. Complete all assigned compliance training promptly.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made for individuals with disabilities.

Essential Duties and Responsibilities include the following (other duties may be assigned):

• Maintain ongoing understanding of FINRA rules and regulations, BSA & AML.
• Assist in the development of Wes Banco Securities Inc. risk and compliance management practices and programs.
• Disseminate written policies and procedures related to compliance activity.
• Provide compliance guidance to licensed advisors, bankers, and support staff.
• Resolve complaints.
• Review new accounts for suitability and best interest and day‑to‑day broker activity.
• Assist in review and implementation of WSI's compliance program to ensure effectiveness.
• Test procedures and create new procedures in response to changing regulatory needs.
• Assist with licensing and FINRA regulatory & firm element and insurance continuing education for all licensed individuals.
• Assist with internal and external audits.
• Take corrective actions when necessary to respond to unexpected compliance events.
• Review communications of advisors.
• Review marketing/sales materials for compliance.
• Conduct training and communication as needed with staff and representatives.
• Assist with branch reviews.
• Prepare various reports.
• Electronic communication review.

• Administer filings on the CRD System.
• In-depth knowledge of securities and insurance products.
• In-depth knowledge of FINRA rules, regulations and securities risk management principles.
• In-depth knowledge of current economic and market conditions and legislation.
• In-depth knowledge of criteria for determining suitability of securities/insurance purchases.
• In-depth knowledge of legal principles regarding client capacity/authority, and authority of agents, attorneys‑in‑fact, executors, administrators.

• Exercise independent sound judgment and discretion; know when assistance is needed.
• Work effectively with departments, managers, staff, clients, auditors.
• Strong written and verbal communication skills.
• Evaluate and analyze products, services, vendors.
• Represent the company in community and industry functions.

Solid Microsoft Office Suite proficiency.

Standard office environment; reasonable accommodations available for disabled individuals.

• Associate’s Degree in Business, Finance, Accounting or related field preferred.
• Minimum of three years experience in securities industry.
• Experience and knowledge as a compliance officer for both Broker/Dealer and Registered Investment Advisor.

• Series 7
• Series 63 & 65 or 66
• Series 24 or Series 9/10 – must be obtained within 90 days of start date.
• State Insurance license.

Mid‑Senior level

Full‑time

Legal

Industry: Banking