Regional Director
LPL Financial
Head of Securities Compliance
Mercury
full-time
Posted on:
Origin: • 🇺🇸 United States • California, New York, Oregon
Visit company websiteSalary
💰 $219,800 - $274,700 per year
Job Level
Lead
About the role
- Mature our foundational program to manage all of Mercury’s direct regulatory and license obligations, and continually assess our compliance posture in advance of new licensing needs
- Supervise employees working on investment-related product offerings and ensure compliance across regulated entities (e.g. RIA, Broker-Dealer, Loan Brokering, Loan Servicing)
- Manage examinations/audits (internal and external) or other regulatory inquiries related to licensed activity, including serving as primary point of contact with regulatory bodies
- Work across Compliance and key cross functional teams to ensure direct regulatory requirements are sufficiently addressed through compliance programs, product solutions or new operational builds
- Support governance efforts on behalf of Mercury’s Compliance organization including monitoring ongoing compliance and establishing mechanisms for reporting on entity compliance health
- Support the Compliance function in defining and achieving departmental initiatives, maintaining product support playbooks and best practices, developing and documenting scalable solutions, and liaising with external parties
- Contribute to building a strong culture of compliance across Mercury’s teams
Requirements
- 8+ years of experience working in securities compliance role, ideally at a financial technology company, brokerage, or asset manager
- FINRA Series 24 license; additional licenses helpful but not required
- Extensive experience with FINRA and SEC regulations on RIAs (Registered Investment Advisor) and BDs (Broker-Dealer)
- Familiarity with state level financial services licensing requirements - e.g. Money Transmission, Loan Originations, Loan Brokering, Loan Servicing
- Experience building regulatory functions from the ground up
- Comfort in driving strategy and planning for the function autonomously
- Exposure to executive-level stakeholders, including experience reporting to leadership on the status of compliance programs and regulatory relationships
