RIA Compliance Officer recruitment

POSITION CONTENT
 

1. Plans, manages and directs the operation and development of the Firm’s RIA compliance functions. Scope includes: maintaining and monitoring policies and procedures for compliance with relevant regulation and industry best practices; maintain Firm’s ADV Part II, schedule F and other disclosure documentation; reviewing home-office compliance with relevant investment advisory regulations, oversight of the exception reporting process, and reviews and approves advisory agreements and 3040 transactions.35%

2. Reviews RIA contracts, disclosure documentation and marketing materials on an ongoing basis; monitor and review of RIA trading activity. 20%

3. Supports the company and the compliance department in disputes with regulators, regulatory audits, customers and OSJ supervisors with regard to Firm’s RIA. 5%
 

4. Evaluates and reviews the activities of the OSJ Supervisor with regard to supervision of RIA activities. 15%
 

5. Reviews and approves products and services of third party RIA service providers. Monitors the services of third party vendors for compliance with contract terms, marketing material review and service level delivery. 5%
 

6. Assist in marketing the Firm’s RIA services to the RR/IARs. 5%
 

7. Works with the Chief Compliance Officer and Compliance Manager in strategic planning and prepares reports for quarterly conference calls and meetings. 5%
 

8. Keeps abreast of regulatory changes and updates. Develops reviews and modifies the Firm’s RIA supervisory procedures and training material to reflect regulatory developments and the business environment. 5%
 

9. Performs other projects and duties as assigned. 5%

KNOWLEDGE AND SKILLS

REQUIRED
1. High school diploma or equivalent. 
2. 5+ years of experience in compliance in the securities industry.
3. 3+ years of experience in a supervisory capacity.
4. 5+ years of work experience using a personal computer and word processing, spreadsheets, back-office software and utilizing databases.
5. Attention to detail, ability to organize work, and follow-up skills are critical to the successful performance of position responsibilities.
6. Ability to prioritize and address multiple projects and meet deadlines is critical
7. Strong interpersonal, diplomatic, verbal and written communication skills are critical.
8. Current Series 7, 24, 63 and 65/66 NASD licenses.

DESIRED
1. Bachelor’s degree preferred.
2. Familiarity with Independent Broker Dealer Industry

SUPERVISION RECEIVED

Position receives high-level supervision from the Chief Compliance Officer. Tasks and projects usually have predetermined standards for completion and deadlines. Incumbent will use judgment to prioritize tasks and projects. Incumbent will also alert Chief Compliance Officer when deadlines or priorities may be compromised by the current task or project load.

SUPERVISION RESPONSIBILITIES

As may be assigned in the future.

COMPLEXITY AND TRAINING

Complexity and difficulty are derived from the managing the broad scope of responsibilities and meeting regulatory, service and management deadlines and expectations.