Position SummaryThe Senior Compliance Manager will develop and manage control systems to ensure compliance with regulatory and internal policies. The role includes enhancing the efficiency of the Compliance Department by overseeing strategic planning and technology initiatives to streamline processes. Acting as a liaison between Compliance and other departments, the Senior Compliance Manager ensures alignment with Company goals. This position reports to the Chief Legal/Compliance Officer.
Key ResponsibilitiesThe type of activities expected to perform include but are not limited to:
- Implementing and updating the Compliance Policies & Procedures Manual to reflect RIA/SEC obligations.
- Overseeing periodic testing and monitoring of key compliance areas, including advertising & marketing, portfolio management/trading oversight, privacy/security controls, personal trading/ Code of Ethics, and record keeping.
- Supervising the review of client communications, marketing materials, website content, and social media posts to ensure compliance with SEC advertising rules and Company standards.
- Preparing and updating regulatory filings and disclosures (e.g. Form ADV and other SEC/State filings).
- Reviewing annual training content and tracking employee training and attestations
- Overseeing due diligence and oversight of vendors and referring advisors.
- Serving as an expert resource for preparation of SEC examinations, mock audits, and internal compliance reviews.
- Developing and overseeing control systems to prevent or rectify violations of regulatory guidelines and internal policies.
- Facilitating cross-functional departmental collaboration, ensuring regulatory considerations are integrated into strategies and projects.
- Leading initiatives for ethical conduct within the Company, promoting a culture of integrity and accountability.
- Assessing future ventures to identify possible regulatory risks.
- Supporting compliance obligations of an investment advisor to mutual funds.
Position Requirements- 8-12 years of experience in compliance, legal, or regulatory risk management.
- Prior experience in the financial services industry either with a Registered Investment Advisor or Broker/Dealer.
- Expertise in SEC regulations relevant to wealth management, asset management, mutual funds, and investment advisory firms.
- Strong project management skills for cross-functional initiatives.
Preferred Experience- Professional certifications and licenses (IACCP, Series 65) a plus.
Education- Bachelor's degree or industry experience required. J.D. or M.B.A. a plus.
