General Securities Principal Officer

Amerantbank•Coral Gables, FL

About The Position

Serves to ensure regulatory compliance and corporate mandates for all administrative, sales, and operational activities performed by Amerant Investments registered associates. Primarily responsible for limiting risk and financial exposure to the business unit and the firm. Responsible for day to day front line supervision, including mandated supervisory reviews and enterprise alerts, trade and trade correction.

Requirements

Bachelor’s degree in finance, business administration or economics
Minimum of 1 year of Broker Dealer and RIA compliance or related experience (e.g. 1940 Act, 1933 Act, 1934 Act, FINRA rules and regulations).
FINRA Series 7, 24 required
Ability to read and interpret rules and regulations.
Previous experience with Internet and suite of MS Office applications skills.
Proficiency in NetX360, FINRA Gateway, Protegent preferred.
Operates with minimal assistance from supervisors.

Responsibilities

Coach and drive good behaviors and best practices to operate within the Firms' risk control and promote operational excellence.
Ensures firm compliance with all policies and procedures.
Review and maintain all Client, Compliance and Regulatory Incoming and Outgoing Correspondence.
Monitor and review client accounts for potential risk with regards to trading activity, solicitations and active client reviews.
Monitors transactions for adherence to regulatory requirements
Prepares various reports, including but not limited to Audit, Compliance monitoring reports and FINRA and SEC report.
With support of the Managing Principal and Chief Compliance Officer, creates and revises internal controls and procedures to assure compliance with laws, regulatory issuances and internal policies. Support with the implemention and enforcement of AMTI’s written supervisory procedures (WSPs).
Provide training and guidance to AMTI staff regarding changes to supervisory procedures.
Review best execution trade blotters for the fixed income trading desk
Identifies, evaluates, monitors and makes recommendations to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules regulations, prescribed practices, internal policies and procedures or ethical standards.
Assists the Managing Principal and Chief Compliance Officer with all matters relater to regulators, examiners and internal and external auditors including but not limited to FINRA and SEC
Ensures proper reporting of violations or potential violations to Chief Compliance Officer as appropriate and/or required.
Provide workflow approval for cases requiring principal review in a timely manner.
Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues.