Branch Control Officer (Boca Raton)

Company: Oppenheimer & Co. Inc.
Location: Boca Raton
Posted on: May 10, 2022

Job Description:

Job DescriptionOppenheimer & Co. (NYSE: OPY) is a diversified financial services firm, offering a wide range of investment banking, securities, investment management and wealth management capabilities from 92 offices in major financial centers in the United States and with Investment Banking and Trading Desks in London, Hong Kong and Tel Aviv. Oppenheimer employs nearly 3,000 people.The Branch Control Officer (BCO) is an integral part of the Branch Office management team. The BCO reports to the Risk Officer in our Private Client Division New York Headquarters, with a dotted line to the Branch Office Manager (BOM). This position is located in Boca Raton. Your Role and Responsibilities:

• Primary responsibility is for all risk, supervisory and compliance for multiple local branches
• Handle any and all supervisory inquiries that require escalation
• Oversee business ethics and regulatory practices
• Provide guidance on policies and procedures to employees
• Create procedures to ensure approvals are handled timely
• Review all correspondence (incoming/outgoing)
• Assist and support AML, compliance, and operations by working to resolve any issuesLegal:
  • Handle all complaints and work with the Legal department to respond
  • Key contact for internal and external branch audits
  • Active involvement in training on policy and operational changesOperations:
    • Approve some cashiering related transactions (KYC, sign checks, option approval, third party, check deposits
    • Review and approval of new client accounts.
    • Trading ErrorsRequirements:
      • 5-7 years industry experience
      • Series 7, 63/65 (or 66), 9, 10 (or 8) licenses required
      • Intelligent, enthusiastic self-starter with proven ability to work closely with FAs and other team members
      • Must have compliance and operation experience along with personnel management experience
      • Must be able to maintain the highest level of confidentiality and ethical standards #LI-KG1

Keywords: Oppenheimer & Co. Inc., Boca Raton , Branch Control Officer (Boca Raton), Other , Boca Raton, Florida