The Advisory Compliance Officer (ACO) will coordinate with the Enterprise Chief Compliance Officer, Sales Practice Compliance professionals and other members of the Apex Fintech Solutions (AFS) Compliance department to ensure regulatory requirements and industry practices are met with respect to the firm’s provision of trading, clearing, and custody services to Registered Investment Advisers, asset managers, and related service providers to the wealth and investment management industry.

While serving as an Advisory Compliance Officer for AFS, the individual will work closely with the AFS Compliance Sales Practice Compliance team and Advisory business team members to ensure investment management regulations are interpreted and guidance provided to business resources. The role’s focus will include providing regulatory advice and guidance, policy interpretation, conducting monitoring activities, policy drafting and other related activities to support the sustainable and scalable implementation of the compliance program to ensure that FINRA, SEC, and related industry practices are properly identified, and requirements are met.

Key functions of the Advisory Compliance Officer role include:

Implementation, and oversight of sales practice and related business requirements for a clearing broker dealer supporting investment advisers.

• The ACO will be responsible to review existing WSP, policies, procedures, and related business documents to ensure advisory related business practices meet FINRA and related regulatory requirements.
• Coordinate with Compliance team members and business partners to ensure industry and regulatory best practices are understood and implemented where applicable.
• Serve as primary Compliance subject matter expert to the business regarding providing trading, clearing, and custody services to advisory clients.

Compliance Monitoring

• The role will identify and implement compliance review and monitoring specific to the support of advisory related compliance requirement and as aligned with Compliance Program governance.
• Coordinate the review, testing, and (as needed) remediation of advisory business controls.
• Working closely with business partners and compliance team members, the ACO will participate in the review of advisory prospects and new clients to help identify unique regulatory or operational risks impacting AFS. The work requires a strong understanding of how the regulations directly apply to the Apex businesses.

We are looking for someone who:

• Is passionate - You have a genuine passion for people and developing relationships.
• Is motivated - You are driven to be the best. You challenge yourself by setting goals, crushing them, and helping your teammates do the same.
• Is collaborative - You are excited to work with others throughout the organization to help foster a superior workplace and culture.
• Wants to make an impact - You are looking to do amazing work. You are all about partnering with executives to drive execution.
• Operates with integrity - You always conduct yourself with honesty and operate ethically. You say what you mean and mean what you say.
• Wants to grow - This role will constantly change with the needs of the business, be ready to challenge yourself and tackle any task that comes your way.
• Can focus on varying work streams - This role will work across many functions, be ready to change your approach, focus, and mindset throughout the day.

What you will do all day:

• Compliance Officer -Provide training, assistance, advice and guidance in the review and analysis of daily functions including customer and firm business activity.
• Participate in ongoing projects and initiatives with various teams - Partnering with business units and establishing, maintaining, and developing credible relationships to effectively manage a robust compliance program.
• Help the company continue to meet standards - Clearly and concisely communicating regulatory, industry and compliance developments, including policy changes, to the businesses.
• Minimize regulatory compliance risk - Providing input, assessing, and reporting on compliance risk related to material business/operational changes and new initiatives.

A few reasons why you might love us:

• We are a leader in the space - Apex is recognized for disrupting the financial services industry, enabling fintech standouts like Stash, Robinhood and Betterment. We have an amazing track record of success, and we foster ongoing innovation. So, you get all the benefits of a proven, growing company, while enjoying a very entrepreneurial culture.
• Your work will be immediately impactful - You will be able to see your direct impact on our executive team and the firm as a whole. You won’t just be another talented professional weighed down by old school tactics.

The skills you will need to succeed:

• 7-10 years of compliance, risk management or related experience
• 7-10 years of industry knowledge of the investment advisory space including operations, trading, investment guideline management, and client onboarding
• FINRA Series 7 and Series 24 licenses required
• Knowledge of the clearing and trading financial services industry, including regulatory application to business processes
• Ability to lead and participate in diverse compliance projects, and serve as a subject matter expert
• A strong understanding of market structure, including trading, reporting, and clearing
• Strong communication and interpersonal skills
• A track record of working with and advising business partners on compliance and related risk matters
• The ability to implement compliance and business processes to accommodate regulatory changes and developments
• Experience in implementing policies, procedures, and manuals
• Experience in metrics based, KRI/ KPI reporting for regulatory bodies and internal management
• An analytical mind, and the ability to work collaboratively to help solve complex problems and streamline processes

#compliance #mid-senior #full-time