SVP, Broker Dealer Compliance

Advisor Group • Scottsdale, AZ

93d • $150,000 - $200,000

About The Position

The SVP of BD Compliance will be responsible for all aspects of the broker/dealer compliance program within Osaic's independent, hybrid, and W2 wealth management channels. The SVP will manage a successful and experienced Compliance team and will report to the Chief Compliance Officer of Osaic. Responsibilities include compliance policy design, implementation, and testing, compliance training, surveillance, branch office examinations, supporting regulatory examinations, management of strategic projects, and advising Osaic personnel regarding applicable rules, regulations and compliance policies. The ideal candidate will have (1) a successful track record at a wealth management organization, (2) demonstrated an ability to implement workflow and technology solutions, (3) significant experience interacting with regulators and the candidate's organization's leadership, (4) broad experience with the regulation of broker/dealers, (5) a proven ability to lead, design and implement core areas of a best-in-class compliance program, (6) develop program level metrics and executive reporting to relevant committees and the Board, and (7) familiarity with industry trends and leading compliance technology. A successful candidate for this position will (i) have a solid ethical core, and set the bar for conducting themselves to the highest ethical standards; (ii) be a self-motivated, high performing and persistent individual who will be able to manage pressure; (iii) apply a creative and commercial mind in their approach to resolving compliance and risk issues; (iv) relate and work well with others in a changing and dynamic environment; and (v) develop internal talent.

Requirements

• Minimum of a bachelor's degree is required, advanced degree or certifications a plus.
• Strong leadership skills with ability to lead through change and develop high performing teams.
• Extensive broker/dealer and wealth management compliance experience.
• Thorough knowledge of securities operational processes as well as investment securities products.
• Demonstrated strong verbal and written communication and interpersonal skills.
• Ability to conform to shifting priorities, demands and timelines through analytical and problem-solving capabilities.
• Proven track-record in decision making, process improvement and compliance technology development.
• Strong leadership skills with a positive track record of developing talent and building a strong, unified and collaborative culture.
• Team, collaborative, and solutions oriented with an ability to actively engage within the business.
• Organized and able to prioritize workload efficiently.
• Proactive, responsive and efficient.
• Resourceful and capable of working autonomously.
• Strong communication skills, both written and verbal.
• Series 7 and 24 license required - Series 66 or 63/65 a plus.
• Sophisticated understanding of FINRA, SEC, and state rules and regulations.
• Advanced understanding of ERISA regulations plus.

Responsibilities

• Direct leadership of firm's broker/dealer compliance program including Core Compliance, BD Surveillance, and Branch Office Exams.
• Responsible for maintaining and enhancing the firm's compliance program, policies and procedures, and regulatory reporting requirements.
• Conduct risk reviews and certifications of firm's processes, policies, and procedures.
• Develop, implement, and evolve firm policies and procedures, surveillance and testing, compliance program administration, and product and platform compliance.
• Advise, collaborate and educate with executive and management teams on applicable law and regulations in relation to strategic business initiatives.
• Identify and advise on key risks specific to the firm's wealth management channels.
• Drive continuous improvement to modernize the compliance experience for financial professionals and employees by implementation of more efficient processes, policies and procedures enhancements, automation of compliance functions, and leading change management initiatives.
• Keep informed of industry changes, trends and best practices, and assess the potential impact on policies, procedures and systems to ensure that they are designed to comply with applicable laws and regulations.
• Evaluate and advise executive and management teams of potential new regulatory and business risks.
• Manage implementation of new rules, regulations, and laws.
• Advise and educate affiliated financial professionals and employees on regulations and policy.
• Provide support and assist with the management of regulatory examinations and audits.
• Work with key constituencies to encourage, promote, and enhance a culture that encourages ethical conduct and commitment to compliance.
• Participate and provide regulatory and risk thought leadership on various organizational committees and provide regular updates regarding the compliance program to the relevant committees and the Board.
• Participate in firm risk and review committees.

Benefits

• Health insurance
• Vision insurance
• Dental insurance
• 401k
• Vacation and sick time
• Volunteer days
• Annual bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree