Compliance Manager

Compliance Manager

Requirements

• Bachelor’s Degree or equivalent.
• 5+ years of relevant work experience.
• Knowledge of FINRA, SEC and other regulatory rules/requirements.
• Knowledge of risks pertinent to industry and firm, and ability to strategically focus branch office/OSJ exams depending on relevant risks.
• Excellent analytical skills, including the ability to evaluate a broad scope of data to define potential risks.
• Demonstrated investigative skills, including the ability to follow an instinct while retaining an overall objective viewpoint.
• Demonstrated ability to interview various levels of leadership.
• Demonstrated ability to formulate practical solutions to technical issues.
• Excellent organization skills, ability to manage multiple priorities, ability to meet time sensitive deadlines.
• Demonstrated leadership competency, including the ability to build relationships and collaborate with other groups in the corporate office as well as the field.
• Excellent communication skills, both written and verbal. Proven ability to communicate with employees at all levels of the firm. Ability to tactfully craft difficult messages.
• Demonstrated ability to take initiative and operate independently, while able to work effectively in a team environment.
• Series 7 preferred for consideration. However, 5+ years of industry experience in lieu of the Series 7 will be taken into consideration if candidate does not have Series 7 at the time of application, which will be required within the allocated time after hiring.
• Series 9/10 or 24 required, or ability to obtain within corporate timeframes.
• Travel: Approximately 20%.

Responsibilities

• Complete independent research and analyze various information and reports prior to, and during an exam, to identify potentially problematic behavior, violations, red flags, trends and potential areas of risk.
• Conduct initial interviews and exit interviews with Registered Principals, advisors, and staff.
• Review and report on the effectiveness of field compliance supervision, including identification of potential advisor sales practice violations.
• Provide education to field members relating to subject matter which include, but are not limited to, recommending action steps to improve compliance supervisory tasks based on company and regulatory policy and procedure, hot regulatory topics, firm trends, best practices, etc.
• Escalate issues as appropriate related to Registered Principal supervisory practices and/or advisor practices.
• Write, deliver, and follow up with RPs on Commitment to Action plans for the resolution of identified findings.
• Communicate and discuss results to all levels of field leadership and serve as a point of contact for inspections.
• Maintain current knowledge of industry and firm practices, developments, and risks.
• Partner with leadership and reach out to other teams (within and outside of compliance) to identify/understand risks, share results, escalate issues, and clarify policies and procedures.
• Work with other examiners when appropriate to ensure consistency of process.
• Identify process and procedure improvement opportunities and work collaboratively with colleagues/leadership to implement effective solutions.
• Engage in day-to-day operations of the Field Office Inspection team and/or department wide projects/initiatives.

Preferred Qualifications

• Experience in an audit function, familiarity with audit methodologies.
• Leadership experience.