Chief Compliance Officer:Our client is the leading alternative investment platform. The firm provides financial advisors with a broad selection of alternative investment strategies including, hedge funds, private equity, private credit, real estate and structured notes, allowing them to capitalize on opportunities and/or withstand ever-changing markets.
The team is seeking for a Chief Compliance Officer to join our growing Legal & Compliance team. As the CCO, you will be the primary compliance and oversight professional responsible for ensuring compliance across the firm, with attention to all FINRA regulated activities. You will identify and document regulatory risks, provide regulatory advice and support, and assist the business in developing controls. You are eager to join a fast-growth, dynamic environment, and bring a thoughtful, creative, pragmatic business-oriented approach to regulatory compliance.
Responsibilities
Oversee the compliance function for the firm and related entities, with a focus on its FINRA registered broker-dealer subsidiary, ensuring compliance with laws, regulatory requirements, policies, and procedures.
Identify international, federal, and state rule changes and advise on their potential impact
Proactively maintain a positive relationship with all regulators, and serve as the primary point of contact for all regulatory inquiries
Partner with key business stakeholders to manage risk through all stages of the new/prospective client onboarding process, and ongoing FinCEN and OFAC client review
Partner with key internal and external stakeholders to ensure proper registration of offshore funds for FATCA/CRS reporting purposes, and validation results for new investors, final filings, and the Annual Compliance Certification
Spearhead the firm’s annual AML Audit and address any identified deficiencies
Act as the point person for all compliance related Due Diligence Questionnaires, including but not limited to: technology related questionnaires, annual compliance questionnaires, new structured note bank onboarding questionnaires, etc.
Develop and maintain an effective annual compliance training program, including appropriate introductory training for new employees and ongoing training for all employees and managers
Design, implement, audit, and test written policies and procedures, reporting on identified deficiencies and providing recommendations for remediations and new initiatives
Support the People Experience team by reviewing incoming and existing employee reputational searches and disclosures, drafting, and submitting relevant documentation, and answering employee inquiries
Manage Schwab Compliance portal, and provide ongoing review of new brokerage accounts, trade requests, outside affiliation requests, gifts and entertainment requests, and attestations for all new and existing employees
Conduct monthly email review of email correspondence
Draft and maintain the firm’s Office Inspection Form, and conduct annual office inspection for branch offices and non-registered locations
Qualifications
8+ years compliance and/or legal experience in the financial services industry (Broker dealer compliance and/or Fintech a plus)
Securities licenses (valid and active Series 7, 65, 66 and 24) required
Strong working knowledge of applicable FINRA, SEC, and state rules and regulations, and experience managing FINRA and SEC compliance reviews, inquiries, and audits
Management experience strongly preferred
JD strongly preferred
Demonstrated success partnering with various teams, and flourish in a fast-moving, start-up environment
Strong communication, relationship-building skills, and attention to detail
Works well under pressure and able to meet tight deadlines
Able to conduct complex work under minimal supervision and with wide latitude for independent judgement
Like what you just read and think its worth sharing? Sharing is caring.
