Skip to content

Director of Advisory Compliance

  • Hybrid
    • Beachwood, Ohio, United States
  • $120,000 - $160,000 per year
  • Compliance

Job description

Reporting directly to the Chief Compliance Officer and working with other department managers, the Director of Advisory Compliance will be responsible for managing a team of compliance analysts and coordinators and assist in leading the compliance programs for two retail registered investment advisers and a sub-advisor. The Director of Compliance must have the requisite knowledge, experience and authority to manage the firm’s Compliance Program with the CCO and provide advice to advisors and senior management on compliance and regulatory matters.

Essential Duties and Responsibilities

  • Working with the Chief Compliance Officer, the Director will develop, maintain and revise policies and procedures for the Compliance program.

  • Identify potential areas of compliance vulnerability and risk and develop solutions to help mitigate risks.

  • Implement and effectively communicate new programs and workflows to advisors and staff.

  • Perform yearly and other than annual updates of Form ADV brochures and Form CRS.

  • Oversee marketing review team to ensure firm’s compliance with 206(4)-1.

  • Oversee and ensure completion of the advisory branch office exam program.

  • Establish and deliver training to representatives and compliance staff.

  • Assist in performing the annual review of the Compliance Program and retrospective reviews and the drafting of the annual reports to be presented to the CCO and Executive Leadership.

  • Supervise a team of compliance analysts and coordinators.

  • Ensure responses to advisor inquiries; brainstorm solutions to advisor questions/ideas.

Job requirements

Skills / Key Competencies Required

  • Bachelor’s degree in finance, accounting, or related field (MBA preferred).

  • Must have the following licenses: Series 7, 24, 66 (or 63 and 65).

  • Minimum of 7-10 years of experience in compliance, preferably with an SEC registered investment advisory firm.

  • In depth knowledge of the Investment Advisers Act of 1940.

  • Strong knowledge of SEC, FINRA, and other financial regulations.

  • Working knowledge of ERISA.

  • Familiarity with Orion, RegEd, FI360, Smarsh, and Salesforce a plus.

  • Must have leadership/management experience and work well with others; collaborative mindset is critical.

  • Ability to work cross-functionally and manage compliance programs effectively.

  • Attention to Detail / Data Organization.

  • Ability to succeed in a fast-paced, changing environment.

or