Financial Services Compliance Specialist
Are you looking to grow and be part of a successful financial services team? Are you driven, self-motivated and client-focused while ensuring rules and regulations are followed? Our well-established and growing financial firm is expanding and seeking to add to our Compliance team.
Minimum Requirements
· Bachelor’s Degree in Business, Economics or Finance
· 3-5 years of RIA Compliance experience (Retail Investment Advisor Experience) with relevant experience in advertising review compliance
· Experience in responding to SEC and State Regulatory inquiries is a plus
· Strong working knowledge of the Investment Advisor’s Act of 1940
· Understanding of the RIA structure and business acumen
· Strong organizational, prioritization, interpersonal & management skills
· Ability to work in a fast-paced, evolving environment with minimal supervision
Position Responsibilities
Work in conjunction with the Chief Compliance Officer to manage the day-to-day requirements of the Compliance team’s responsibilities including:
· Review Marketing/Advertising materials to ensure compliance with the SEC’s “New Marketing Rule”, Rule 206-(4)-1.
· Manage the Code of Ethics, including providing direction to employees for adherence to the COE.
· Interact with Supervised Persons to provide direction for adherence to the Cybersecurity policy and
Identity Theft Prevention program including performing related audits and training.
· Conduct regular due diligence, and receive regular updates of the IAR’s service providers, third-party money managers, and sub-advisors, including ensuring compliance with our Information Security and Privacy policies.
· Manage the email monitoring and archiving vendor relationship and be responsible for the archiving
of electronic correspondence and social media platforms and the periodic review of e-mails and social media for adherence to applicable securities laws.
· Perform IAR registrations and updates, U4/U5 updates, Section 13 filings, state notice filing
requirements, and state insurance licensing requirements.
· Review and submit annual updates and amendments to the RIA’s Form ADV 1A, 2A and CRS.
· Document and analyze verbal and written complaints by reviewing details of client interactions and maintaining a Complaint spreadsheet and associated books and records.
· Perform audits and testing of the RIA’s policies and procedures.
