Wealth Management Compliance Associate

RKL•Lancaster, PA

4d•Onsite

About The Position

The Compliance Associate plays a key role within the Wealth Advisory team, supporting the Chief Compliance Officer and team members with a range of compliance activities. The role involves collaboration with various departments and executives to deliver compliance advice, manage regulatory risks, and ensure adherence to regulations pertinent to Registered Investment Advisor (RIA) services.

Requirements

Effective communication skills, written and verbal, to effectively interface with all levels of firm management and staff; ability to communicate issues and conclusions
Problem solving skills; ability to shift focus and adapt to changes
Excellent organization skills and strong attention to detail
Strong multitasking skills with ability to prioritize work as necessary
Associate’s degree or commensurate experience
3+ years of experience, preferably within professional services or similar environment
Broad knowledge of financial services and compliance requirements within the wealth advisory industry
Knowledge of general investment and finance principles/strategies (e.g. Retirement plans, trusts, stock market etc.)
Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook)

Nice To Haves

Prior experience using CRM and financial reporting software preferred

Responsibilities

Proactively identify, assess, and escalate potential compliance risks
Develop, implement, and maintain compliance policies and procedures to ensure adherence to regulatory requirements
Maintain accurate records and documentation related to compliance activities, including maintain a compliance calendar and tracking regulatory changes
Conduct periodic reviews of compliance program to measure the sufficiency and effectiveness of controls while providing regular advice to the business on compliance-related concerns
Stay abreast of regulatory changes and industry developments, and communicate updates to relevant stakeholders
Complete and maintain accurate compliance documentation to meet internal and regulatory deadlines
Develop and deliver training materials regarding compliance regulations, policies, and procedures
Track and monitor trade activities for internal employees; manage quarterly and annual attestation process
Prepare and maintain ADV and disclosure documents, including the annual ADV filing
Conduct billing audits to ensure quarterly client billing and reporting align with SEC regulations
Coordinate with third-party vendor to provide necessary documentation and data for class action lawsuits and security litigations
Serve as primary point of contact for regulatory examinations and audits, coordinating responses and providing documentation as requested
Review and approve marketing and presentation materials
Manage client communications, including mass mailings
Maintain and update employee compliance records in accordance with SEC regulations
Monitor email communications for regulatory compliance, addressing issues and client complaints and escalating as needed
Collaborate with control groups, including legal and audit functions, to ensure comprehensive compliance coverage
Exhibit proficiency in utilizing industry-specific software programs and tools essential for compliance management and reporting tasks
Adhere to firm policies and maintain confidentiality of sensitive client and internal employee information