Responsibilities and Duties:
- Formulate, supervise, and maintain the company's compliance policies and procedures, both internally and externally, to ensure the smooth operation of the Compliance Program, preventing any illegal, unethical, or improper conduct.
- Implement the organization's strategic objectives.
- Oversee vendor relationships and management.
- Monitor and report Key Performance Indicators (KPIs).
- Manage the day-to-day operations of the Compliance Program.
- Supervise branch office locations.
- Ensure all required regulatory filings and registrations (initial, amendments, and renewals) are up-to-date.
- Maintain all necessary regulatory disclosure documents.
- Address inquiries from regulatory bodies regarding the company, its employees, or clients.
- Investigate alleged violations of rules, regulations, policies, procedures, and the Code of Ethics and recommend appropriate investigative procedures. Establish and oversee a uniform system for handling such violations.
- Collaborate with other departments to direct compliance matters to the appropriate channels for investigation and resolution. Communicate with legal and regulatory bodies to stay informed about current and new regulations affecting the company and its operations.
- Monitor and coordinate compliance activities across various departments to stay informed about the status of all compliance activities and identify trends.
- Identify potential areas of compliance vulnerability and risk. Develop and implement corrective action plans for resolving issues and provide general guidance on avoiding or handling similar situations in the future.
- Provide regular reports to Senior Management to keep them informed of compliance efforts.
- Ensure proper reporting of violations or potential violations to authorized enforcement agencies, as required.
- Facilitate external regulatory examinations.
- Develop, periodically review, and update the Code of Ethics & Written Supervisory Procedures to ensure their relevance in providing guidance to management and employees.
- Disseminate the compliance policy to all employees.
- Foster a collaborative team approach by providing assistance and filling in for others when needed, such as in the operations department.
- Perform other duties as assigned.
Qualifications:
- Bachelor's degree from an accredited college or university in Business Administration, Finance, Accounting, or a related field.
- Series 7, 66, and 24 licenses (willingness to attain other licenses as required).
- Strong understanding and knowledge of industry best practices and regulatory expectations for overall compliance and risk management in a financial services firm.
- Strategic thinker and problem solver with executive-level communication skills, both internally and externally.
- Detail-oriented, accurate, organized, and able to set priorities.
- Self-starter who takes initiative.
- A team player with strong coaching, feedback, and listening skills.
