Deputy General Counsel
Cnect
Business Oversight Manager, Compliance
TD
full-time
Posted on:
Origin: • 🇺🇸 United States • Florida
Visit company websiteSalary
💰 $86,840 - $139,360 per year
Job Level
SeniorLead
About the role
- Ensure ongoing compliance with the Investment Company Act of 1940, FINRA, SEC rules, and other applicable state and federal securities laws
- Assist in regulatory requests and exams, and help manage responses to State, FINRA, and SEC inquiries
- Help mitigate risk and ensure the firm meets regulatory obligations
- Assist in the development, implementation, and maintenance of the firm’s compliance policies and procedures
- Partner with operations, technology, and business teams to ensure regulatory compliance
- Develop and prepare compliance reports on risks and trends
- Serve as a compliance resource across the firm and represent the department on cross-functional meetings, initiatives, forums and committees
- Identify departmental risks and contribute to strategic planning
- Oversee business case initiatives and compliance-related technology requests
- Provide training to the field on various regulatory topics, including onboarding new hire training
- Delivers relevant subject matter expertise and Compliance advice to business management
- Monitor changes in applicable laws and regulations and advise senior management on potential impacts and required actions
- Conduct periodic compliance testing, surveillance, and risk assessments in line with the firm’s compliance program
- Provide backup support to other areas of the US Wealth Compliance team
- Participate in other initiatives as needed
- Ensure regulatory adherence and risk management within our bank
- Oversee compliance monitoring, reporting, and governance processes, collaborating with cross-functional teams to enhance transparency and decision-making
- Manage/assist with regulatory reviews including inquiries, audits, and exams
- Provide guidance and support to analysts on matters related to portfolio and specialty
Requirements
- Undergraduate degree or equivalent work experience
- 7+ years of experience
- Experience working in an integrated wealth business as a bank subsidiary preferred
- Knowledge of securities investment management and fiduciary activities preferred
- Knowledge of state insurance regulatory requirements and securities regulatory requirements for NDIP preferred
- Knowledge and experience within compliance or audit, legal and regulatory environment, enterprise governance framework, products and services, policies, standards, systems, reporting and training requirements
- Knowledge of current and emerging trends, including broker-dealer and RIA regulatory expectations and standards for effective compliance management systems
- Ability to research, interpret and summarize relevant regulatory expectations, laws, regulations and impacts to Compliance Program elements
- Skill in using MS Office Suite, including PowerPoint, Excel, OneDrive, Teams
- Ability to independently identify, assess, and escalate issues requiring senior management attention
- Experience conducting annual compliance assessments under 206-4(7) and FINRA 3130
- Demonstrated business writing abilities
- Experience writing policies, policy guidance, procedures, and training
- Experience responding to client complaints within a bank or broker-dealer
- Experience reviewing and providing guidance on advertising and marketing materials for a broker-dealer/bank
- FINRA Series 7, 63 and 24 preferred
