NHWG
This is the time period an MDW has to meet with a new hire to review FINRA 2273 obligations
What is day 1 on New Hire start?
This is the time period you have to update your U4 when moving office location or residence.
What is 30 days?
This is how often a client may be entertained within a quarter.
What is one meal and one corporate sponsored event?
This form must be completed by external new hires on day one of employment.
What is the 2273 attestation?
These require National approval (name 3)
What is: All involuntary terms other than RIF, Late U4 Filings, WW <2 years, Criminal convictions, Pending Bankruptcies, >1 reportable complaint or any settled for >$5k, Outstanding notes/obligations where candidate will not pay or settle for lesser amount, credit compromise of $1000 or more within last 5 years, 6+ firms in 10 years, all open liens or closed liens within last 5 years.
This is required prior to participating in any outside business interest or investment.
What is DSP approval thru iComply?
This is what is required when an MDW attends a pre-planned meal with an Advisor and a client.
What is Pre-approval from MD's Regional Director?
This requires submission on iComply and completion of a form signed by the DSP prior to the event.
What is an external speaking engagement?
These will require review by employment legal prior to extending an offer to the candidate - name at least one
What is:
Promissory Note with Prior Firm
Training Costs with Prior Firm
Open liens or garnishments
Terminations that JPMC would term for
This is what must happen upon receipt of a client complaint.
What is Enter into the CARE system promptly upon receipt?
This is the guidance for maximum tip for business hospitality.
What is 20%?
This is what must be included on the MSR log when identifying an issue in your market.
What is plan of action or corrective action that will be taken to address the issue?
Any of these will result in a new hire going on automatic Heightened Supervision if over $25,000. Name at least 2.
What is:
Promissory Note
Training Costs
Garnishments
Liens
This is the maximum amount of time that pending client documents may be maintained in the temporary folder.
What is 45 days?
This is what should be uploaded to MSR in relation to Business Hospitality. Name 3 items.
What is:
Completed and signed BH Form
Evidence of pre-approval for preplanned meals/events
Itemized receipts and credit receipts
This is what additional approval is needed for MDW hosted training meetings held in non-chase locations.
What is Regional Director approval?
This is what needs to be added to a New Hire's email signature prior to sending any external emails.
What is the FINRA 2273 Disclosure email signature template?
This should be used by MDWs when visiting branches?
What is the DSP Branch Visit Checklist?
This is the only scenario where a Licensed Banker may attend a Business Hospitality event.
What is a meeting where the Banker is introducing a prospect to an Advisor?
This should be reviewed periodically during the quarter to identify potential concerns or trends and patters.
What is the Risk Management Dashboard? (Heat Map)