IA Compliance Policies & Procedures Manager

Advisor Group•Scottsdale, AZ

6d•$125,000 - $135,000•Onsite

About The Position

IA Compliance Policies, Procedures and Testing Manager will be responsible for oversight and execution of the Firm’s RIA Compliance Program which includes but is not limited to ongoing administration, new policy formulation, risk assessment, testing and regulatory filings.

Requirements

Five+ years of relevant work experience with a financial institution such as a broker/dealer, registered investment adviser, regulatory agency, or other financial institution.
Significant prior experience with the Investment Advisers Act of 1940, Investment Company Act of 1940 and Securities Act of 1933
FINRA Series 66 (or 65) is required
Significant prior experience with regulatory filings, conducting risk assessments and 206(4)-7 testing drafting policies and procedures
Strong ability to build consensus among managers and employees across departments
Excellent project and time management skills with the ability to handle multiple priorities, meet deadlines and develop process efficiencies where required
Strong written and verbal communication, including the ability to communicate both up and down the management chain and to adapt your style depending on the audience and subject matter
Proven management and human relation skills

Nice To Haves

FINRA Series 7 and Series 24 are preferred.

Responsibilities

Monitor compliance with laws, rules and regulations
Develop & manage AG’s RIA Compliance Program
Coordinate and oversee the development, implementation and enforcement of policies, procedures and programs to minimize risk
Prepare for and respond to regulatory inquiries, examinations, internal and external audits
Represent RIA Compliance Department in cross functional Firm initiatives and committees
Provide investment advisory compliance support to RIA subsidiaries of Osaic
Research and resolve issues, provide recommendations, and escalate to senior management as needed
Design, implement, and maintain a risk-based compliance testing program in accordance with Rule 206(4)-7 of the Investment Advisers Act of 1940.
Develop and execute annual and periodic testing plans to evaluate the effectiveness of RIA compliance policies, procedures, and associated internal controls.
Perform and oversee documented testing of key advisory risk areas, including but not limited to conflicts of interest, disclosures, best execution, trading practices, marketing/advertising, custody, cybersecurity, privacy, and personal trading.
Evaluate testing results, identify control gaps or weaknesses, and ensure timely remediation, follow-up testing, and issue tracking.
Prepare formal written testing reports, summaries, and workpapers supporting conclusions and management recommendations.
Coordinate testing efforts with internal stakeholders (Legal, Supervision, Operations, Technology, Risk, and Internal Audit) to ensure comprehensive coverage and consistency.
All other duties as assigned