Compliance Consultant - Wealth Management

Voya Financial • Boston, MA

4d • $100,000 - $126,000 • Onsite

About The Position

Voya Financial is seeking a Compliance Consultant for Voya Financial Advisors (VFA), Voya’s retail Broker-Dealer and Registered Investment Advisor. The role will primarily focus on providing day-to-day compliance support for VFA’s phone-based sales channel, as well as being the primary support for VFA’s digital direct to consumer business line. Position Description: The Compliance Consultant will lead or partner with others in executing on the following activities to ensure compliance with laws and regulations Provide dedicated Compliance support to VFA’s phone sales channel and direct-to-consumer digital experience. Participate in business and compliance related projects, surface issues and report back to senior management. Interpret applicable regulations to assist in resolving conflicts and recommending solutions. Review, and suggest applicable changes for, procedures for business areas directly supported. Facilitate regular meetings with management of the supported business areas. Provide support in the coordination of the broker-dealer training program, through identification of training opportunities Conduct in-depth analysis and research of complex compliance related issues and drive results/decisions to implement necessary resolution. Recommend new policies and procedures. Contribute and participate in the fulfillment of annual risk assessments Provide direction and support to business partners on compliance policies and procedures. Maintain related internal compliance materials, such as standard operating procedures and job aids, for areas of responsibility. Continually identify potential key compliance risks for reporting to compliance management. Support other Compliance work as assigned. Voya’s law and compliance professionals aspire, individually and collectively, to actively participate in Voya’s growth strategy as trusted advisers to the business and enablers of growth, with a focus on customer-centric innovation and consistent execution. We seek like-minded professionals with the following demonstrated skills and competencies: Proactive and practical attitude Strong verbal and written communication skills Curiosity about our business and industry Agile and creative approach to problem solving Collaborative team player Growth mindset and ability to gain new areas of expertise

Requirements

• Bachelor's Degree or equivalent experience
• Five years relevant experience in broker-dealer/investment advisory compliance or related/relevant industry experience.
• Requires FINRA Series 7 , with willingness to pursue additional licensure
• Strong knowledge and understanding of annuity products, securities, and investment advisory products
• Ability to make independent assessments and present thoughtful, risk-based decisions with limited support
• Ability to provide leadership and vision with a focus on continually evolving the compliance framework
• Proven ability to prioritize assignments and maintain and/or exceed established processing time frames with limited supervision
• Demonstrated ability to work across business lines and/or departments for continuous improvement opportunities and to develop and implement risk mitigation activities
• Ability to learn from mistakes and apply learnings to future situations.

Nice To Haves

• a FINRA Series 24 license is a plus

Responsibilities

• Provide dedicated Compliance support to VFA’s phone sales channel and direct-to-consumer digital experience.
• Participate in business and compliance related projects, surface issues and report back to senior management.
• Interpret applicable regulations to assist in resolving conflicts and recommending solutions.
• Review, and suggest applicable changes for, procedures for business areas directly supported.
• Facilitate regular meetings with management of the supported business areas.
• Provide support in the coordination of the broker-dealer training program, through identification of training opportunities
• Conduct in-depth analysis and research of complex compliance related issues and drive results/decisions to implement necessary resolution.
• Recommend new policies and procedures.
• Contribute and participate in the fulfillment of annual risk assessments
• Provide direction and support to business partners on compliance policies and procedures.
• Maintain related internal compliance materials, such as standard operating procedures and job aids, for areas of responsibility.
• Continually identify potential key compliance risks for reporting to compliance management.
• Support other Compliance work as assigned.

Benefits

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees