Principal Branch Examiner, Equity Services Inc.
National Life Group
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
About Us
At Equity Services, Inc. (ESI), we are more than a broker-dealer. We’re a passionate team helping financial professionals and their clients create confidence in their financial future. We do this through our entrepreneurial hunger, our outside-in mindset, and a culture of real-time communication and feedback. We are part of the National Life Group family — a purpose-driven company committed to keeping our promises for over 175 years.
Please note that we do not offer visa sponsorship for this position.
Role Summary
The Branch Examiner reports to the Director, Branch Examinations. The responsibilities of this role include performing branch office examinations, develop and conduct field training, and other projects, as necessary.
The Branch Examiner will conduct field and home office branch office examinations, including associated pre-audit work, on-site examinations, post-examination follow-up, articulating findings and recommendations in a final written report, and conducting internal inquiries when presented with possible violative behavior. This position requires approximately 40% - 50% travel. The incumbent may also assist with the development and conduct of other Firm-wide training, as necessary.
Essential Duties and Responsibilities
- Work as part of the Compliance Department to support the Firm’s Broker-Dealer and Registered Investment Adviser.
- Conduct compliance examinations of the Firm’s branch and home office locations.
- Assist with developing the Firm’s branch and home office inspection program.
- Maintain and update the Firm’s examination documents to ensure robust and relevant examination procedures.
- Assist and provide guidance and training to field compliance examiners and branch office supervisors regarding branch office requirements.
- Review, track, and ensure completion of branch office inspections conducted by OSJ supervisors.
- Investigate potential violations of regulatory requirements or firm procedures by associated persons and make recommendations regarding appropriate disciplinary action.
- Identify and escalate potential compliance matters to business management and field supervisors.
- Assist in the development and implementation of correction plans for out-of-compliance situations and monitoring results for success.
- Assist in responding to regulatory inquiries, customer complaints, and ad-hoc projects.
- Research SEC/FINRA/MSRB/State-specific regulations and laws to determine applicability to the Firm’s examination program and related activities.
- Develop communications that relay Firm policies, regulatory changes/updates, and reminders of Firm policy to relevant audiences (i.e. registered representatives, investment adviser representatives, field supervisors, non-registered associated persons, etc.)
- Participate in and/or lead project completion with respect to general compliance initiatives.
- Conduct special training, compliance risk management or similar tasks.
- Maintain quality customer relations with emphasis on service, delivery of quality work product, and support of business needs and requirements.
- Periodically attend professional and/or industry meetings, seminars and continued education programs to remain current in compliance, regulatory requirements and firm procedures.
- Perform other duties as assigned.
Minimum Qualifications
- Bachelor's Degree or equivalent combination of education and experience
- Minimum 3 years of General Securities Compliance
- Minimum 3 years of Compliance Auditing within a Broker Dealer
- Experience conducting in-person and remote examinations
- FINRA Series 7 and 24 licensing required
Preferred Qualifications
- Municipal Securities Series 51 or 53
- Investment Adviser Representative (NASAA Series 65) registration
- State insurance license and insurance industry certifications are also a plus (e.g. CLU, ChFC, FLMI).
Benefits
- Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!
Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.
Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
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National Life Group
1 National Life Dr
Montpelier, VT 05604