The Regulatory Review and Disclosure (CRED) Department is responsible for managing disclosure information for registered representatives. This division ensures that broker-dealers and registered representatives have the appropriate registrations before their information is displayed on BrokerCheck, a public website showcasing their professional backgrounds.
As part of this team, you will play a crucial role in vetting new industry entrants, conducting financial and criminal background checks, and verifying information through multiple sources such as court websites, LexisNexis, and FBI reports. Your work will help maintain the integrity of the financial industry by ensuring thorough due diligence.
Key Responsibilities:
Conduct financial and criminal background research for new representatives joining member firms.
Review and analyze public records (e.g., financial liens, bankruptcies) and FBI/criminal background reports to determine if further investigation is required.
Cross-check information provided by applicants against various legal and regulatory sources.
Ensure compliance with industry regulations before approving new representatives for registration.
Training & Growth:
Receive 6-8 weeks of training on legal documents, financial statutes, and regulatory requirements.
Gain hands-on experience in reviewing legal and financial records.
Build a strong foundation in financial industry regulations, compliance, and due diligence.
Develop expertise in analyzing legal and criminal statutes, making this role a stepping stone into the finance industry.
Join the largest financial regulatory body in the industry and gain valuable insights into the qualifications and compliance requirements for professionals entering the field!