Suitability Analyst

Key Responsibilities

Suitability & Transaction Review

Review financial services product applications and enrollment forms for suitability in accordance with broker-dealer procedures and FINRA regulations.
Evaluate transaction information and supporting documentation to ensure established suitability requirements are met.
Complete appropriate follow-up with registered personnel when additional information or clarification is required.
Maintain complete and accurate broker-dealer documentation in accordance with regulatory and firm requirements.
Support the appropriate disposition of applications in accordance with established broker-dealer procedures.

Registered Representative Support

Serve as a resource for agents and registered personnel regarding:
Product suitability
Asset allocation considerations
Financial services product replacements
Required transaction documentation
Communicate clearly and professionally with registered representatives regarding outstanding requirements and suitability-related questions.
Help field partners understand documentation expectations and broker-dealer procedures.

Surveillance & Regulatory Support

Develop and utilize exception reports and surveillance systems that support the firm's supervision of registered and non-registered personnel.
Identify transactions or activities requiring additional review or follow-up.
Maintain accurate documentation to support regulatory and supervisory requirements.
Partner with leadership on suitability and broker-dealer compliance activities as appropriate.
Training, Forms & Process Improvement

Assist in developing training materials for registered representatives related to broker-dealer suitability activities.
Support development of new and updated forms designed to capture required contract and transaction information more efficiently.
Participate in testing new forms and related system enhancements.
Provide systems support associated with suitability processes and documentation.
Identify opportunities to improve processes, documentation, and the experience of registered representatives while maintaining regulatory standards.

Qualifications & Experience

Required

H.S. Diploma or GED required; Four-year college degree preferred.
2+ years of related business experience within the insurance or brokerage industry.
Strong analytical and critical-thinking skills.
Excellent attention to detail and commitment to accurate documentation.
Strong written and verbal communication skills.
Ability to interpret and consistently apply procedures and regulatory requirements.
Ability to manage multiple priorities in a highly regulated environment.

Licensing Requirements

FINRA Series 6 or Series 7 required.
FINRA Series 26 or Series 24 required.
Series 51/53 preferred.

Skills & Competencies

Suitability and transaction analysis
Broker-dealer operations and compliance
Regulatory documentation and recordkeeping
Analytical thinking and sound judgment
Attention to detail and accuracy
Registered representative support
Clear written and verbal communication
Surveillance and exception reporting
Problem-solving and research
Organization and prioritization
Collaboration and relationship building
Continuous improvement