Compliance Associate, Advisory
The Compliance Associate has the responsibility of performing tasks related to the development of policies and procedures, assisting in internal and external audits, and other compliance related tasks. Works with the department leader in the development of reports and communicates any regulatory and internal procedural changes or updates to the corresponding internal or external bodies.
Job Responsibilities/Main Functions
Policies and Procedures
- Assists in the development of policies and procedures to comply with the corresponding regulatory bodies.
- Integrates any regulatory changes and updates to the internal policies and procedures ensuring compliance with outside regulatory agencies.
- Communicates to employees and registered individuals any changes in policies, procedures, and regulatory environment.
External Audits
- Participates in the external audits from regulating agencies in providing information related to registered individuals, transactions, reports, account documentation and other special requests.
- Provides supporting documentation and explanations to regulators in the case of inquiries.
- Assists in the development of reports to the company’s leadership team with recommendations on changes to operational procedures, re-design of products and services and other internal compliance requirements.
- Works with outside consultants and legal counsel to mitigate any findings.
- Assist in the implementation of corrective actions as needed based on audit results or recommendations from regulators.
Internal Reviews and Audits
- Assists in the execution of internal reviews and audits.
- Assists in the implementation of corrective actions based on audit findings and business objectives.
- Prepares compliance and best execution reports as scheduled.
Job Requirements (Education, Experience, Skills, and Capabilities)
- Bachelor’s degree in business administration with a concentration in Finance, Accounting, or Law.
- Minimum of three (3) years of work-related experience.
- Knowledge of RIA operations and SEC regulations.
- Knowledge of industry regulations and financial industry products and services.
- Familiarity with custodial platforms and ability to understand legal documentations.
- Excellent attention to detail, self-started and driven.
- Customer service attitude, team player and proactive.
- Ability to work under pressure and time bound projects.
- Excellent communication skills both written and verbal.
- Knowledge in the operation of laptops/desktops and Microsoft platforms/software (Word, Excel, PowerPoint, and Outlook).
- Bilingual (English/Spanish).
The Compliance Associate has the responsibility of performing tasks related to the development of policies and procedures, assisting in internal and external audits, and other compliance related tasks. Works with the department leader in the development of reports and communicates any regulatory and internal procedural changes or updates to the corresponding internal or external bodies.
Job Responsibilities/Main Functions
Policies and Procedures
- Assists in the development of policies and procedures to comply with the corresponding regulatory bodies.
- Integrates any regulatory changes and updates to the internal policies and procedures ensuring compliance with outside regulatory agencies.
- Communicates to employees and registered individuals any changes in policies, procedures, and regulatory environment.
External Audits
- Participates in the external audits from regulating agencies in providing information related to registered individuals, transactions, reports, account documentation and other special requests.
- Provides supporting documentation and explanations to regulators in the case of inquiries.
- Assists in the development of reports to the company’s leadership team with recommendations on changes to operational procedures, re-design of products and services and other internal compliance requirements.
- Works with outside consultants and legal counsel to mitigate any findings.
- Assist in the implementation of corrective actions as needed based on audit results or recommendations from regulators.
Internal Reviews and Audits
- Assists in the execution of internal reviews and audits.
- Assists in the implementation of corrective actions based on audit findings and business objectives.
- Prepares compliance and best execution reports as scheduled.
Job Requirements (Education, Experience, Skills, and Capabilities)
- Bachelor’s degree in business administration with a concentration in Finance, Accounting, or Law.
- Minimum of three (3) years of work-related experience.
- Knowledge of RIA operations and SEC regulations.
- Knowledge of industry regulations and financial industry products and services.
- Familiarity with custodial platforms and ability to understand legal documentations.
- Excellent attention to detail, self-started and driven.
- Customer service attitude, team player and proactive.
- Ability to work under pressure and time bound projects.
- Excellent communication skills both written and verbal.
- Knowledge in the operation of laptops/desktops and Microsoft platforms/software (Word, Excel, PowerPoint, and Outlook).
- Bilingual (English/Spanish).