Chief Compliance Officer

United Payroll•Troy, NY

1d•Onsite

About The Position

The United Group of Companies, Inc. is hiring a full-time Chief Compliance Officer for MCM Securities, LLC, an affiliated FINRA-registered broker-dealer. The position is based at the company’s corporate office in Troy, New York. The Chief Compliance Officer oversees the firm’s compliance program, supervisory system, regulatory obligations, and compliance culture, with a focus on private placements and Regulation D offerings. The role serves as the primary contact for FINRA examinations and other applicable regulatory inquiries and coordinates with operations, supervisory principals, securities counsel, and external compliance consultants. The role develops and maintains Written Supervisory Procedures and compliance policies; administers the firm’s supervisory system; oversees private placement, AML, communications, training, and books-and-records compliance; and coordinates annual reviews, regulatory filings, examinations, and corrective actions. The officer also monitors net capital compliance in coordination with the FINOP and oversees applicable business continuity, cybersecurity, and operational resilience controls. This is an exempt position, scheduled Monday through Friday, 8:00 a.m. to 5:00 p.m. Additional hours may be required to meet the demands of the role and fulfill leadership responsibilities. The stated salary range is $135,000–$165,000, with eligibility for a discretionary annual bonus of 10%–30% and potential equity or ownership participation, subject to the firm’s structure and applicable agreements. The role requires the ability to sit for long periods.

Requirements

Possess applicable FINRA registrations, including Series 24, Series 7, Series 63, and Series 66, as appropriate to the firm’s business activities and regulatory requirements.
5–10 years of broker-dealer compliance, supervision, or related securities regulatory experience.
Demonstrated experience developing, reviewing, and implementing Written Supervisory Procedures.
Strong working knowledge of FINRA rules, SEC regulations, and applicable federal securities laws.
Professional image compatible with United Group/MCM Securities; positive attitude, energy, and assertiveness.
Exceptional personal and professional integrity and a strong work ethic.
Excellent verbal and written communication skills.
Strong business acumen, policy development and drafting capabilities, risk assessment and investigative judgment, regulatory interpretation, analytical skills, and problem-solving skills.
Ability to sit for long periods.

Nice To Haves

Bachelor’s degree in Finance, Economics, Business Administration, Accounting, or a related field.
Experience overseeing private placements and Regulation D offerings.
Experience evaluating issuer due diligence, offering disclosures, marketing materials, and supervisory documentation.
Experience with a small or growing private placement broker-dealer.
Experience supporting FINRA New Member Applications and establishing supervisory frameworks for newly registered firms.
Experience working directly with FINOPs, securities counsel, and external compliance consultants.

Responsibilities

Develop, maintain, and periodically update Written Supervisory Procedures in accordance with FINRA Rule 3110 and applicable regulatory requirements, ensuring they reflect the firm’s business model, activities, supervisory structure, and operating practices.
Conduct and document annual reviews of the firm’s compliance program, maintain supervisory assignments and supporting records, monitor regulatory developments, and implement required policy and procedural changes.
Design and administer a reasonable supervisory system; assign and document supervisory responsibilities; oversee branch designations, inspections, and supervisory control testing as applicable; and address deficiencies through review, escalation, corrective action, and follow-up.
Oversee compliance for private placements and Regulation D offerings, including issuer due diligence, background checks, offering materials, marketing materials, filings under FINRA Rules 5122 and 5123, compensation disclosures, investor eligibility, accredited investor verification, and conflicts of interest.
Oversee the firm’s AML compliance program, policies, procedures, controls, customer identification and due diligence, suspicious activity monitoring, sanctions screening, independent testing, remediation, and applicable SAR reporting; serve as AML Compliance Officer if designated and authorized.
Supervise business communications, advertising, marketing materials, and social media; oversee required principal approvals, records and electronic communication retention, and periodic communication reviews; identify and escalate communications risks.
Coordinate the annual compliance review, continuing education and training requirements, supervisory control assessments, compliance training, mock examinations, and readiness assessments.
Serve as the primary contact for FINRA examinations and other regulatory inquiries; coordinate requests, submissions, interviews, and information gathering; manage responses and corrective action plans; and maintain a regulatory calendar.
Support FINRA New Member Application processes where applicable, including development and documentation of the firm’s supervisory and compliance framework.
Oversee applicable books-and-records requirements under SEC Rules 17a-3 and 17a-4 and monitor net capital compliance in coordination with the FINOP.
Oversee applicable business continuity, cybersecurity, and operational resilience controls, and maintain procedures for customer complaints, insider trading controls, outside business activities, and private securities transactions.
Coordinate with operations, supervisory principals, securities counsel, and outside compliance consultants, and promote a culture of compliance, accountability, and timely escalation.

Benefits

Medical insurance with three plan options and HSA options.
Dental insurance.
Vision insurance.
Company-paid basic life insurance equal to one times annual salary, with additional voluntary life plans.
401(k) retirement plan with employee contribution eligibility after 90 days and an employer match of up to 4% after one year of service.
Employee Assistance Program.
24/7 telemedicine service, including mental health services.
Calm App premium subscription.
Childcare tuition discount through Learning Care Group.
Dependent Care FSA.
Tuition Assistance Program.
Personal, sick, and vacation paid time off; vacation increases with years of service.
10 company-paid holidays.
Eligibility for a discretionary annual bonus ranging from 10% to 30%.
Potential equity or ownership participation, subject to the firm’s structure and applicable agreements.