Senior Director, Business Unit Compliance Liaison
About The Position
The Senior Director, Business Unit Compliance Liaison leads the centralized risk team for Wealth Management Solutions. The role focuses on regulatory reporting, controls, committee governance, risk program coordination, policy oversight, and risk routines. The position is available in Minneapolis, Minnesota, and Charlotte, North Carolina. The role provides oversight of governance, risk, and control functions; regulatory reporting and related processes; governance forums; risk program activities; and policy, procedure, and supervisory control governance. It also coordinates audit activities, regulatory requests, vendor risk oversight, licensing, certifications, and contract repository governance. The liaison works with business partners, Internal Audit, Compliance, Legal, and regulators, identifies control gaps and remediation strategies, and partners with senior leaders to advance risk and operational objectives. The position leads and develops a team of risk professionals and promotes accountability, risk awareness, and continuous improvement. Employees work in the office at least four days per week, with flexibility to work from home one day per week. Some roles may have different or additional in-office expectations, which are discussed during hiring.
Requirements
- Bachelor’s degree or equivalent experience.
- 10+ years of financial services experience focused on risk management, controls, and broker-dealer operations.
- Active FINRA Series 7 and Series 24 licenses.
- Strong knowledge of broker-dealer regulations and regulatory reporting frameworks.
- Experience leading risk, governance, audit, supervisory control, policy, licensing, vendor risk, and related oversight routines.
- Proven ability to influence and collaborate across business lines and with external stakeholders.
- Prior team leadership experience.
- Strong relationship-building and communication skills, including the ability to identify and resolve or mitigate issues or risks.
- Strong analytical, organizational, and time-management skills.
- Ability to drive results and meet deadlines to reduce risks.
- Strong written and verbal communication skills.
- Ability to work independently.
- Applicants must have valid U.S. work authorization that does not now or in the future require visa sponsorship.
Nice To Haves
- Experience with advisory products, investment products, annuities, insurance, and retirement plans.
Responsibilities
- Provide direct oversight of governance, risk, and control functions to ensure controls are designed and operating effectively to mitigate operational, financial, regulatory, and compliance risk.
- Oversee regulatory reporting, control functions, reporting dashboards, general ledger reconciliations, and related reporting processes.
- Lead governance routines and committee coordination, including product, business review, risk, conflicts, and Regulation Best Interest governance forums.
- Own and coordinate risk program meetings, regulatory budget management, requests and approvals, Risk Event management, process inventory, Risk and Control Self-Assessment oversight, testing coordination, and annual risk assessments.
- Oversee policy, procedure, and supervisory control governance, including written supervisory procedures, Regulation Best Interest disclosure procedures, books and records coordination, revenue sharing procedures, communications with the public, outside business activity tracking, business continuity planning, and self-monitoring routines.
- Coordinate internal and external audit activities, regulatory affairs requests, vendor risk oversight, licensing tracking and reporting, senior leader and process owner certifications, and contract repository governance.
- Act as a primary liaison with business partners, Internal Audit, Compliance, Legal, and regulators, including participation in industry advocacy efforts.
- Identify control gaps and deficiencies, assess risk exposure and materiality, and implement cost-effective remediation strategies.
- Build partnerships with senior leaders across Wealth Management Solutions and enterprise business partners to support governance, risk, regulatory, and operational objectives.
- Promote continuous improvement and a strong risk awareness culture across Wealth Management Solutions.
- Lead and develop a team of risk professionals, including performance management, coaching, mentoring, and career development.
- Foster a culture of accountability, risk awareness, and continuous improvement.
Benefits
- Vacation time
- Sick time
- 401(k)
- Health insurance
- Dental insurance
- Life insurance
- Variable pay may include bonuses, commissions, and/or long-term incentives, depending on the role.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
