Job Description

This role will be a hybrid position based in Mclean, VA.

Our client is a top Wealth Management Firm that provides comprehensive financial planning, retirement and tax planning, estate planning, risk management, and investment management services. The company manages approximately $5 billion in assets on behalf of clients.

The Chief Compliance Officer (CCO) oversees and administers the firm’s compliance program, ensuring adherence to SEC, FINRA, and other regulatory requirements. This role ensures the firm’s operations and staff remain compliant with applicable laws, and that the necessary policies, procedures, and training are in place to mitigate risk and promote a compliant culture.

The ideal candidate will demonstrate strong analytical skills, a commitment to strong client service, and dedication to proactively developing policies that mitigate risk to clients, employees, and the firm. They will be part of maintaining a robust compliance program and partnering with leadership to build a scalable infrastructure to support the continued growth of the firm. 

Key Responsibilities:

Compliance Program Management:

• Oversee all aspects of compliance for an SEC-registered investment advisor and affiliated Broker-Dealer.
• Ensure compliance with regulatory filings, including Form ADV updates
• Maintain the firm’s compliance manual, testing programs, and an annual calendar of compliance priorities
• Stay abreast of regulatory changes, evaluate the impacts, and make recommendations on adjustments to firm process/policy.
• Communicate effectively with firm management and staff to promote smooth workflow and identify/resolve problems.
• Maintain communication with regulatory bodies (SEC, FINRA); ensure proper documentation is submitted.
• Oversee incident reporting, documentation, and resolution of compliance breaches.

Supervision and Auditing:

• Conduct regular audits of compliance systems and policies to ensure adherence and address any noncompliance with training or disciplinary action as needed.
• Maintain records of compliance incidents, report to management on frequency and trending topics, and make recommendations for mitigating incidents.
• Approve broker-dealer paperwork and oversee securities-related mail processing
• Supervise email, social media, and personal trading account surveillance
• Review, approve, and submit marketing materials and other client-facing documents
• Review, approve, and respond to firm’s trading log

  Training and Development:

• Implement compliance training programs 
• Manage registration, licensing, and continuing education requirements for the Firm’s registered representatives
• Provide targeted compliance training on both overarching operational rules and specific rules/procedures that must be followed.

Risk Mitigation and Leadership Support:

• Conduct risk assessments, manage the Business Continuity Plan (BCP), and follow up on annual compliance risk assessments
• Provide compliance oversight for client investments, including diligence for private funds and alternative investments
• Act as the main point of contact for external audits and regulatory examinations.

Requirements:

• Bachelor's degree in finance, business, or a related field.
• 5-10 years of compliance experience.
• FINRA Series 7, 66, and 24 licenses (or the ability to obtain them)
• In-depth knowledge of regulatory frameworks (Investment Advisers Act of 1940, AML/KYC, SEC, FINRA rules)
• Proficient in MS SharePoint and MS Office (Excel, Word, Outlook)
• Proven leadership and organizational skills, with strong attention to detail
• Critical and analytical thinker.
• Must be able to pass Broker Dealer criminal, driving, and financial background check
• Proficiency in planning and executing employee training for compliance measures

Preferred Qualifications:

• JD and/or MBA 
• Preferred experience in wealth management and Broker-Dealer environments.
• Experience with Tamarac CRM 
• Drive to stay ahead of evolving practices in compliance
• Experience in developing and implementing compliance policies, systems, and processes

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