Purpose: We are seeking an experienced Compliance Manager to join our Courier Capital leadership team at a Registered Investment Advisor (RIA). The ideal candidate will possess deep expertise in compliance and regulatory requirements, specifically those enforced by the Securities and Exchange Commission (SEC), as well as an extensive background in managing compliance programs within the investment advisory space.
This role will play a critical role in maintaining the firm’s adherence to all applicable laws and regulations, including overseeing internal controls, managing risk, and fostering a culture of compliance across all business units.
Essential Functions:
- Develop and oversee compliance programs: Lead the design, implementation, and ongoing management of the firm’s compliance policies and procedures to ensure full adherence to SEC regulations, including the Investment Advisers Act of 1940.
- Risk management: Identify, assess, and monitor potential risks related to regulatory compliance, operational processes, and investment activities. Implement mitigating controls and ensure a comprehensive risk management framework.
- Regulatory filings and audits: Manage all regulatory filings, including Form ADV, Form PF, and other SEC-mandated filings. Serve as the primary point of contact during SEC audits and examinations, ensuring timely responses and full cooperation with regulators.
- Internal audits and monitoring: Conduct regular internal compliance reviews and audits to ensure the firm remains compliant with internal policies and external regulations. Oversee periodic testing of controls and reporting to senior management.
- Training and education: Develop and conduct ongoing compliance training programs for staff, ensuring that all team members understand their compliance responsibilities and the regulatory environment.
- Monitor regulatory changes: Stay informed of evolving SEC regulations, interpret their impact on the business, and update policies accordingly. Advise senior management on regulatory trends and upcoming changes.
- Third-party vendor oversight: Review and approve third-party vendors for compliance with firm standards, ensuring that vendor relationships do not introduce undue regulatory risk.
- Compliance reporting: Provide regular updates and reports to the Board of Directors and senior management regarding the firm’s compliance status, key issues, and areas requiring attention.
- Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.
Job Related Qualifications:
Required:
- Education: Bachelor’s Degree in Law, Finance, Business administration or related field
- Prior Experience: 7+ years of experience in compliance, preferably within wealth management, or investment advisory
Competencies:
- Strong knowledge of SEC, FINRA and state regulatory requirements
- Experience with anti-money laundering (AML) and Know Your Customer (KYC) regulations.
- Excellent communication and interpersonal skills, with the ability to provide clear guidance to internal teams.
- Strong analytical and problem-solving skills, with a keen attention to detail
- Ability to work independently and manage multiple priorities in a fast-paced environment
- Proficiency in compliance management software and Microsoft Office Suite.
Benefits:
- Medical, Dental, and Vision Insurance
- Health Savings Account
- Flexible Spending Account(s)
- Company Paid Life Insurance, Long Term Disability, and Short Term Disability
- Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident
- Tuition Reimbursement
- Employee Referral Program
- Wellness Reimbursement Program
- Star Volunteer Program
- Employee Banking and Financial Perks
- Paid Time Off (PTO)
- Company Paid Holidays
This job description is not exhaustive. The Compliance Manager – Wealth Management may be required to perform other duties as assigned.
The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.
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