Senior Compliance Manager

Sequoia Financial Group Llc • Mayfield Heights, OH

4d

About The Position

This individual will be responsible for helping ensure that the firm is in compliance with primarily the SEC, but also FINRA, DOL and state securities and insurance rules and regulations. The individual will be responsible for helping with the implementation, communication, and review of corporate policies, procedures, trends and systems designed to enable the firm to effectively manage its compliance and risk management programs. Responsibilities will include supporting the Chief Risk and Compliance Officer with the creation, implementation and execution of compliance policies and procedures, as well as the overall compliance oversight program, in an effort to ensure the firm complies with various regulatory requirements.

Qualified candidates will have 10 or more years of direct compliance department experience within a financial services firm. Experience at an RIA is preferred. Extensive knowledge of the Securities Act of 1933, Securities Exchange Act of 1034, Investment Advisers Act of 1940, and the Investment Company Act 1940 rules and regulations, and the ability to assess and implement them across a diverse RIA business model.

Requirements

• Bachelor’s degree
• 10+ years Financial Service Compliance Experience
• Strong attention to detail
• Highly organized
• Clear written and verbal communication skills
• The ability to influence senior management
• Ability to multi-task efficiently and effectively
• Knowledge of the financial services industry
• Deep familiarity with the Investment Advisers Act of 1940.

Nice To Haves

• Compliance officer level experience is a plus
• RIA Industry Experience
• Broker-Dealer Experience
• Ability to have direct reports and/or mentor skills
• Ability to translate complex legal regulations into clear, actionable advice for advisors and leadership.
• Ability to identify, evaluate, and mitigate compliance and operational risks across the firm.
• Corporate Insurance experience

Responsibilities

• Assist with the implementation and communication of the RIA compliance program within the team as well as with the firm.
• Review and maintain firm compliance policies and procedures, both current and newly needed updates based on industry and regulatory changes.
• Assist in evaluating internal and external trends and rules and regulations to ensure the firm is in compliance and staying on pace with requirements.
• Assist with the creation and execution of ongoing compliance training and guidance to internal teams.
• Assist with regulatory examinations and inquiries, as well as the necessary follow-ups.
• Collaborate with departments within the firm such as Operations, marketing, HR, Finance and advisor groups on compliance items.
• Provide technical expertise to the firm and team members.
• Responsible for taking the lead on project management.
• Assist with Due Diligence and integration of firms acquired through M&A including being a point person for compliance requests and questions.
• Conduct periodic internal reviews, risk assessments, and compliance testing, while also overseeing the overall execution of the annual compliance monitoring and testing plan.
• Help maintain and update regulatory documents like the Form ADV.
• Prepare annual and ongoing reports for the CRO/CCO and senior leadership team.
• Reports to the Chief Risk and Compliance Officer.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior