Chief Compliance Officer, Royal Alliance

Be a part of the team behind our success!  At Advisor Group, we support more than 11,300 financial professionals, the people who help everyday Americans achieve their dreams. We’re a billion-dollar business with the mentality and drive of a startup. Join us in building something special.

Compliance Leadership Opportunity in Financial Services

Chief Compliance Officer – Royal Alliance


Location:          10 Exchange Place, Jersey City, NJ 07302

Summary:

The Chief Compliance Officer (CCO) is responsible for implementation of compliance programs for their specific broker dealer within Advisor Group.

The CCO will work closely with several key constituencies within Advisor Group including the Legal department, Network Compliance, Investment Advisory Compliance, Supervision Department and other departments as needed.  The CCO position is located in our Jersey City, NJ office and report to the Advisor Group Chief Compliance Officer.

Responsibilities:

  • Providing compliance oversight to Royal Alliance Associates broker-dealer firm and Financial Professionals. 
  • Developing an overall vision for compliance functional areas which effectively manages and mitigates risk.
  • Establish and monitor for adherence to policies and procedures to ensure that broker-dealer compliance programs meet applicable laws and regulations and ensure that Financial Professionals’ operations are conducted in compliance with applicable policies and procedures.
  • Oversee compliance risk assessments and manage the department’s testing and monitoring program in accordance with regulatory expectations and best practices.
  • Work with senior management, legal department, compliance professionals, Registered Representatives and other key constituencies to encourage, promote, and enhance a culture that encourages ethical conduct and commitment to compliance with applicable laws and regulations.
  • Serve as a subject matter expert when dealing with advisors on a variety of compliance, regulatory and business/industry topics.
  • Researches existing rules and monitors regulatory developments and communicates changes to affiliates and home office staff.
  • Develops, implements, sustains, monitors and when necessary revises compliance programs that reflect “best practices” and ensures the firm is adhering to all legal and regulatory requirements.
  • Ensures that procedures are appropriately documented and referenced in the firm’s compliance manuals and written supervisory procedures.
  • Works with business partners and managers to ensure policies and procedures follow required regulations and assists in bringing non-complying areas into compliance.
  • Responds to, oversees and/or assists counsel with responses to regulatory inquiries.
  • Plans, assigns, monitors, reviews, and leads the work of others.
  • Travel up to 30%
  • All other duties as assigned

Education Requirements:

  • Bachelor’s degree from accredited university in Business, Finance or related field required
  • Additional education accomplishments and/or related professional certifications and qualifications are preferred

Basic Requirements:

  • Minimum 15 years of increasing broker-dealer compliance and leadership responsibilities,
  • Excellent communication and presentation skills,
  • Thorough knowledge of the broker-dealer business from a product, corporate governance, compliance and administrative perspective,
  • Working knowledge of FINRA and SEC rules and regulations, as well as state regulatory framework,
  • Experience in conducting internal reviews and in preparing written summaries and regulatory responses,
  • Thorough knowledge of securities products (i.e. mutual funds, variable annuities, alternative investments, complex products and individual securities), compliance and supervisory requirements,
  • Ability to work well under pressure and under tight deadlines,
  • Broad exposure to key functional areas of product due diligence, recruiting and retention,
  • Excellent ability to interpret and communicate regulatory guidance.

Preferred Requirements:

  • Series 7, 24 Required, Series 65/66 preferred
  • Desired competencies include: Action oriented, command skills, leading and developing direct reports, innovation, continuous improvement, managerial courage, accountability, measuring change, metrics focus, and drive for results
Equal Opportunity Employer

Advisor Group is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.

Eligibility

Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Advisor Group.

Unqualified Applications

Advisor Group does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Work Location

Unless expressly listed for the position, neither relocation benefits nor remote work arrangements are available for the position. Attendance at assigned business location on designated work schedule is required.

Recruiting Agencies

Advisor Group only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.