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Securities Principal Control Analyst

Citizens Bank

Citizens Bank

United States
Posted on Friday, June 7, 2024

Job Description

The Principal Control Analyst, is responsible for conducting supervisory reviews of submitted investment / insurance business and may be responsible for executing final principal determination for the submitted business on behalf of the firm. The incumbent is also responsible for solving a range of straightforward problems and receives a moderate level of guidance and direction. Lastly, the incumbents are still acquiring higher level knowledge and skills while in this role.

Perform principal review on submitted business from financial advisors including complex transactions within the following product types: Annuities, Managed Money, Mutual Funds, Structured Notes, Market-Linked Certificates of Deposits, and Fixed Income. *Products may be added/removed from time to time. (Principal review includes but not limited to analyzing applications, disclosures, check deposits, and transaction submission systems for adequate completeness and accuracy. Additionally, conducting final suitability/best interest determinations in accordance with FINRA regulations, SEC regulations, and internal policies/guidelines is required.)

Primary responsibilities include

  • Exercise reasonable diligence to understand benefits and risks associated with client transactions
  • Independently determine business is in good order ensuring adherence with company policies, self-regulatory organizations, and state/federal regulations
  • Identify and articulate discrepancies relating to client accounts and trading activities
  • Collaborate with other business lines including Supervision, Compliance, Operations, and Sales teams.
  • Perform call outs to clients to confirm understanding of transaction specifics and product details.
  • The incumbent is responsible for risk assessment and control evaluation, which includes conducting risk assessments to identify potential risks and control gaps within the wealth management division.
  • Additionally, the incumbent is responsible for control testing and monitoring, compliance and regulatory oversight, and documentation and reporting.
  • Lastly, the incumbent is responsible for stakeholder collaboration, which includes collaboration with internal stakeholders, including risk management, compliance, and business units to address control related issues.


  • Bachelor's Degree
  • 3 or more years of experience in investment securities sales, sales supervision, operations, or compliance
  • FINRA registrations Series 7, Series 24 (or Series 9/10), and Series 66 (or Series 65/63)
  • Demonstrate close attention to detail
  • Ability to analyze complex situations in a high risk fast- paced environment
  • In depth knowledge of the securities industry, rules, regulations, and sales practices
  • Ability to work independently and as part of a team
  • Excellent interpersonal, verbal, and written communication skills
  • Excellent problem-solving skills, and decision-making skills
  • Experience with investment and insurance products including: Annuities, Managed Money, Mutual Funds, Life Insurance, and Structured Products

Hours & Work Schedule

  • Hours per Week: 40
  • Work Schedule: M-F