MOLLY AMBROSINO
Holiday,FL
Summary
A self motivated, detail orientated, and results focused business professional with 20 years of experience in the financial industry including both commodities and securities with an emphasis on supervision and compliance.
Overview
34
34
years of professional experience
Work History
SENIOR ADVISOR - SUPERVISION
RAYMOND JAMES FINANCIAL, INC
01.2019 - Current
- Senior Advisor on the Supervision Department's Trade Review team responsible for review and oversight of the firm's ICD Central Division branches.
- Manage risk by conducting daily, monthly, and household reviews of the trading activities of the firm's Branch Managers and Financial Advisors.
- Subject Matter Expert on Supervisory Center providing counsel to the team, supervision business partners, and branches.
- Participated in the Supervision Department's Aspiring Leaders and Mentorship Program.
- Selected to be part of the team's Designated Senior Program meeting weekly to collaborate with other designates and trade review managers.
- Conduct weekly and bi-monthly sessions with Central Division trade review teammates to discuss individual issues and best practices.
- Assumed the lead of our team's Clifton Strengths Finder project initiative.
SENIOR COMPLIANCE ANALYST
INVEST FINANCIAL CORPORATION
01.2016 - 01.2018
- Member of the firm’s Surveillance and Dispute Resolution Unit responsible for the oversight of the firm’s Variable Annuity business and in collaboration for the firm’s overall compliance program
- Conducted daily, weekly, and monthly reviews of the firm’s Variable Annuity business utilizing various systems and reports in order to assess trends, patterns, and possible violations of the firm’s policies and procedures
- Performed internal investigations to detect potential regulatory issues, provide guidance, and issue disciplinary actions when necessary
- Responsible for the timely handling, response, and reporting of customer complaints and regulatory inquiries
- Collaborated in the review and update of the firm’s procedures to ensure adherence to regulatory standards.
- Acquired Florida Insurance License
COMPLIANCE & INSURANCE PRINCIPAL
LASALLE ST. SECURITIES, LLC
01.2015 - 01.2016
- Designated as the firm’s principal responsible for review and approval of all direct Mutual Fund and Variable Annuity business
- Provided support and guidance to the firm’s Independent Representatives on suitability and product matters
- Developed and monitored Variable Annuity and 529 C-Share reports in order to comply with regulatory standards
- Participated in firm audits, the review and approval of selling agreements, and the onboarding of new representatives.
- Obtained Illinois Insurance license
COMPLIANCE - SENIOR SPECIALIST
REGAL SECURITIES
01.2014 - 01.2015
- Responsible in collaboration with team for the development and implementation of the firm's compliance program
- Acquired a leading role as principal reviewer of the company's communications with public and direct business, including annuities, REITs, and 529 plans
- Supported the firm's Advisory business in the suitability review and principal approval of new fee-based accounts
- Developed daily and weekly reviews of the firm's trade blotter, fixed income reports, and 401k rollover approvals
- Provided guidance and support to the firm’s independent representatives in the preparation and response to internal and external branch audits.
COMPLIANCE – SENIOR SPECIALIST / MANAGER
OPTIONSXPRESS BY CHARLES SCHWAB / BROKERSXPRESS
01.2011 - 01.2014
- Designated as the firm’s Registered Options Principal in charge of compliance and principal review and approval of all marketing and communications with the public for the firm
- Responsible for the evaluation and circulation of Regulatory Developments to all officers of the compliance department and relevant business partners, in preparation for regulatory exams and the implementation of procedural changes
- Contributed to the ongoing training of marketing and education personnel on policies, procedures and regulatory issues concerning communications with the public
- Assumed responsibility for the development and timely dissemination of the firm’s 408(b)(2) annual disclosure and other required notices to clients.
- Acquired Series 4 license
COMPLIANCE OFFICER
WINTRUST WEALTH MANAGEMENT
01.2010 - 01.2011
- Directed daily monitoring and supervision of the firm's trade blotter and e-mail communication system
- Reviewed and approved new accounts, account changes, advertising, and direct business including annuities, REITs, managed accounts, and 529 plans
- Resolved issues concerning trade errors and customer complaints
- Conducted annual branch audits and implemented the firm’s annual Firm Element Continuing Education program
- Gained proficient knowledge of the FINRA CRD System completing U4 and U5 applications and state registrations.
- Obtained Series 66, and Series 53 licenses
REGISTERED SECURITES PRINCIPAL
TREMBLAY FINANCIAL SERVICES
01.2003 - 01.2010
- Collaborated with owner/OSJ with supervision and training of 17 independent financial consultants
- Oversaw all trading and marketing activities and monitored all communications and advertising for the firm
- Designated as Principal for our satellite branch in Philadelphia, PA
- Assisted in achieving record high annual revenue for the firm, along with year over year increases in revenue for each consecutive year with firm.
- Obtained Series 24 and California Insurance licenses
REGISTERED FINANCIAL ASSOCIATE
A.G. EDWARDS
01.2000 - 01.2003
- Collaborated with the firm's top producers in all aspects of production, including trading, client relations, and marketing
- Helped to increase the client base and annual revenue during a challenging post 9/11 period.
- Acquired Series 7, Series 63 licenses, and AAMS designation
TRADER / MEMBER
CHICAGO BOARD OF TRADE
01.1990 - 01.2000
Education
Psychology, History
Northeastern Illinois University
Series 4, 7, 24, 53, 63, 66, FL Insurance License
Professional Licenses
Skills
- Supervision/Surveillance
- Compliance Program
- Strategic Planning/Analysis
- Sales Supervision/Compliance
- Advertising Analyst
- Principal Reviewer
- Investment Advisory
- Alternative Investments
- Retirement Accounts
- Insurance Principal
- Commodities/Securities
Timeline
SENIOR ADVISOR - SUPERVISION
RAYMOND JAMES FINANCIAL, INC
01.2019 - Current
SENIOR COMPLIANCE ANALYST
INVEST FINANCIAL CORPORATION
01.2016 - 01.2018
COMPLIANCE & INSURANCE PRINCIPAL
LASALLE ST. SECURITIES, LLC
01.2015 - 01.2016
COMPLIANCE - SENIOR SPECIALIST
REGAL SECURITIES
01.2014 - 01.2015
COMPLIANCE – SENIOR SPECIALIST / MANAGER
OPTIONSXPRESS BY CHARLES SCHWAB / BROKERSXPRESS
01.2011 - 01.2014
COMPLIANCE OFFICER
WINTRUST WEALTH MANAGEMENT
01.2010 - 01.2011
REGISTERED SECURITES PRINCIPAL
TREMBLAY FINANCIAL SERVICES
01.2003 - 01.2010
REGISTERED FINANCIAL ASSOCIATE
A.G. EDWARDS
01.2000 - 01.2003
TRADER / MEMBER
CHICAGO BOARD OF TRADE
01.1990 - 01.2000
Psychology, History
Northeastern Illinois University
Series 4, 7, 24, 53, 63, 66, FL Insurance License
Professional Licenses
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