Who We WantProvide daily supervision of CWM partners to ensure adherence to firm policies and procedures. Serve as the primary point of contact for partner offices on compliance matters. Maintain positive and functional relationships with CWM partners and their offices. Collaborate across the firm to address compliance questions, manage escalations, and support supervisory requirements.
What To Expect- Partner Relationship & Compliance Communication: Build and maintain compliance and supervisory relationships with partner offices through consistent communication. Address compliance concerns, respond to inquiries on industry rules and firm policies, and proactively communicate policy and procedure updates.
- Monitoring & Surveillance: Monitor partner office compliance with DOL/PTE 2020-02 requirements, SEC, FINRA, and state requirements, firm attestations, certifications, and disclosures, including outside business activities and private securities transactions, through Salesforce and RegEd. Review emails, social media, and electronic communications for the region, escalating items of concern as needed.
- Risk Management & Escalation: Identify and address risks presented by individual partners or businesses. Manage the escalation of compliance-related items to and from partner offices. Provide input on regulatory or firm violations and sales practice issues and recommend and monitor heightened supervision as appropriate.
- Onboarding, Training & Culture: Manage the onboarding of new partners regarding compliance expectations and assist with training to ensure new offices understand requirements and establish a culture of compliance. Coordinate with regional sales stakeholders to answer compliance questions for prospective partners.
- Supervisory Review & Documentation: Review and approve escalated new accounts, disclosure forms, and complex product purchases for adherence to Regulation BI and fiduciary requirements. Review exception reports and required recurring items. Gather information and draft disciplinary documentation for policy, procedure, or Code of Ethics violations. Assist with compliance testing and internal controls.
- Administrative & Operational Support: Participate in cross-functional strategic initiatives and assist with other compliance and business risk management functions as necessary.
- Other Duties: Perform additional tasks, duties, and responsibilities as needed or assigned by leadership to support departmental and organizational objectives.
What You Need- Bachelor's degree in Business Administration, Finance, Economics, or a related field required. Relevant work experience may be considered in lieu of a degree.
- FINRA Series 7, 24, 66, or 63/65 required at the time of hiring or completion of these exams within a pre-determined timeframe.
- FINRA Series 53 and 4 preferred.
- Minimum of five years of risk, compliance, and/or supervision experience at a financial services firm and/or a federally registered investment adviser required.
- Sales supervision experience with principal review of complex products, Reg BI analysis of new accounts, and annuity purchases including 1035 exchanges and qualified replacements.
- Knowledge of the FINRA and SEC regulations including the Investment Advisers Act, Marketing Rules, and Regulation Best Interest. and relevant rules and regulations associated with operating as a federally registered investment adviser required.
- Strong knowledge of employee compliance, trading, and electronic communication review systems, as well as Microsoft Outlook, Word, and Excel, required.
- Ability to assist with creating new and improving existing processes and procedures required.
- Ability to work independently with limited direction and cooperatively as a member of a team required.
- Strong organizational skills and the ability to prioritize appropriately required.
- Strong conflict management, decision-making, and problem-solving skills required.
In exchange for your expertise, we offer a base salary, bonus potential, 401(k) plus matching, health benefits, and a great working environment. This is your chance to play a key role in the continued success of our company. Our culture is fast-paced, collaborative, innovative, and focused on healthy living. Carson strives to promote the health and wellness of its stakeholders by maintaining a tobacco-free workplace.
The total rewards expected for this role include:
- Starting annual base salary between $81,000 - 102,000.
- Variable compensation potential (Bonus and/or commissions)
- Competitive benefits including 401(k) with company contribution, PTO, Parental Leave, Medical, Dental, Vision, Health Savings Accounts, Flexible Spending Accounts, Life and AD&D Insurance, Short and Long-Term Disability, Work/Life Benefits and Holistic Wellbeing Programs.
