Chief Compliance Officer

United Group•City of Troy, NY

1d•$135,000 - $160,000•Onsite

About The Position

The United Group of Companies, Inc. is seeking 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, and is responsible for overseeing and administering the firm’s compliance program, supervisory system, and regulatory obligations. The role works with supervisory principals, operations, the FINOP, securities counsel, and outside compliance consultants, and serves as the primary contact for FINRA examinations and other regulatory inquiries. The Chief Compliance Officer develops and maintains Written Supervisory Procedures and compliance policies; oversees private placement and Regulation D compliance, AML, communications supervision, training, books and records, and regulatory reporting; and coordinates annual reviews, examinations, remediation, and applicable filings. The role also supports FINRA New Member Application processes where applicable and promotes a culture of compliance, accountability, and timely escalation. This is an exempt position with a stated salary range of $135,000–$165,000 and eligibility for a discretionary annual bonus of 10%–30%. Equity or ownership participation may also be possible, subject to the firm’s structure and applicable agreements. The schedule is 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 leadership responsibilities. The position requires the ability to sit for long periods.

Requirements

Possesses applicable FINRA registrations, including Series 24, Series 7, Series 63, and Series 66, as appropriate to the firm’s business activities and regulatory requirements.
Five to ten 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, energetic, and assertive.
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 (WSPs) and compliance policies in accordance with FINRA Rule 3110 and applicable requirements.
Ensure WSPs reflect the firm’s business model, private placement activities, supervisory structure, and operating practices; conduct and document annual compliance program reviews.
Maintain supervisory assignments, delegation records, responsibility matrices, and supporting documentation; monitor regulatory developments and implement necessary changes.
Design and administer a supervisory system appropriate to the firm’s size, activities, and risk profile; assign supervisory duties to qualified principals.
Oversee branch office designations, inspections, supervisory control testing, evidence of reviews, escalations, corrective actions, and follow-up; evaluate controls and address deficiencies.
Oversee compliance for private placements and Regulation D offerings, including issuer due diligence, background checks, offering materials, marketing materials, filings, compensation disclosures, investor eligibility, and accredited investor verification.
Identify potential conflicts of interest, disclosure deficiencies, and other material compliance risks related to private placements.
Oversee the AML compliance program, policies, procedures, internal controls, customer identification and due diligence, suspicious activity monitoring, sanctions screening, independent testing, remediation, and applicable SAR reporting.
Serve as the firm’s AML Compliance Officer if designated and appropriately authorized.
Supervise business communications, advertising, marketing materials, and social media activity; oversee required principal approvals, records retention, and periodic reviews of business communications.
Coordinate annual compliance reviews, continuing education and training, supervisory control assessments, compliance training, mock examinations, and readiness assessments.
Serve as the primary contact for FINRA examinations and other regulatory inquiries; coordinate document requests, submissions, interviews, responses, and remediation plans.
Maintain a regulatory calendar for applicable filings, reviews, certifications, and deadlines; support FINRA New Member Application processes where applicable.
Oversee books and records requirements under SEC Rules 17a-3 and 17a-4 and monitor net capital compliance with the FINOP.
Oversee applicable business continuity, cybersecurity, and operational resilience controls.
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; promote compliance, accountability, and timely escalation of regulatory concerns.

Benefits

Medical insurance with three plans and HSA options; eligibility begins the first of the month following 30 days.
Dental insurance; eligibility begins the first of the month following 30 days.
Vision insurance; eligibility begins the first of the month following 30 days.
Company-paid basic life insurance equal to one times annual salary, with additional voluntary life plans; eligibility begins the first of the month following 30 days.
401(k) retirement plan, with employee contribution eligibility beginning the first of the month following 90 days and employer match eligibility after one year of service, up to a 4% company match.
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 leave: 24 hours.
Sick leave: 56 hours.
Vacation: 80 hours, increasing with years of service up to 160 hours; eligibility after the 90-day introductory period.
10 company-paid holidays.
Eligibility for a discretionary annual bonus ranging from 10% to 30%.
Potential for equity or ownership participation, subject to the firm’s structure and applicable agreements.