Broker - Dealer Compliance

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POST DATE 8/24/2016
END DATE 12/19/2016

The Compliance Search Group New York, NY

New York, NY
AJE Ref #
Job Classification
Full Time
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Our client, an investment firm, is seeking to hire a Senior Compliance Officer. The right candidate will be responsible for developing and administering the policies and procedures of the firm's Distributors, the firm's limited purpose broker/dealer that serves as principal underwriter of our proprietary family of mutual funds and which also offers private investment funds to institutional investors.

This person will support efforts to ensure all operations, and activities meet regulatory requirements/guidelines, including verifying of practices against policies, preparing management reports and counseling business personnel on compliance with policies. In addition, this person should be able to assist in implementing regulatory compliance programs for the firm's investment advisory activities. Significant mutual fund and/or investment adviser compliance experience is required.


* Oversight of compliance of the firm's broker-dealer operations partner with Legal on all regulatory developments, requirements and proposals as applicable;
* Coordinate with the business to ensure effective controls are in place to meet regulatory requirements; provide advice to management on how to comply with the laws and regulations; monitor the business units' performance with compliance, and alert management to compliance gaps and issues;
* Draft and update the Written Supervisory Procedures, as applicable;
* Responsible for compliance monitoring and testing related to FINRA Rule 3012;
* Responsible for the firm-wide training and education program; which include annual compliance meeting;
* Assist with responses to regulatory exams and inquiries;
* Assist with investment adviser compliance matters and issues, including investment adviser regulatory filings and client guideline monitoring
* Actively identify risks and facilitate their mitigation to acceptable levels;
* Use Personal Trading System for monitoring employees' personal securities transactions;
* Review advertising and marketing materials to ensure compliance with regulations;
* Prepare or assist in preparation of regulatory filings; and
* Assist on special projects and ad hoc assignments;


* Limited purpose Broker/dealer compliance experience, with the ability to interpret applicable regulations, required;
* Mutual fund and/or investment adviser compliance experience required, with the ability to interpret applicable regulations required;
* Knowledge of the Investment Advisers Act of 1940, and Investment Company Act of 1940;
* Strong knowledge of FINRA
* Minimum of 7 years relevant job experience, including mutual fund distribution experience (either at a broker/dealer or investment advisory), experience working with advertising/ marketing issues, and experience writing policies and procedures
* Strong analytical and problem solving skills in addition to proficiencies in Microsoft Excel;
* Bachelor's degreerequired;
* Series 7
* Ability to manage multiple tasks;
* Strategic-thinker, analytical, problem solver;
* A collegial and collaborative team player capable of partnering both internally and externally;
* Strong sense of personal accountability and a work ethic to do what it takes to get the job done;
* Superior organizational and project management skills; ability to handle a diverse workload;
* Excellent communication skills; writing and interpersonal skills
* Meticulous and great attention to detail and accuracy; and
* Unquestionable integrity and ethical