Chief Compliance Officer

Location: San Francisco, CA, United States
Date Posted: 11-20-2015
Our client is a major financial institution, a wholly owned subsidiary of an international organization. We are seeking a CCO in their CA office. Exciting opportunity to manage the execution and coordination of the compliance function at the group level including the review and interpretation of new and pending laws and regulations, which potentially affects the business practices for the assigned group. Responsibilities •Provides a leadership role in implementing policies, standards and procedures specific to the needs of the Business Units aligned with the Bank’s Corporate Compliance program •Analyzes various processes and products, existing or new, by addressing required processes under the Compliance program framework (risk assessment, to documenting controls, and to implementing testing) •Works with management and staff in areas of the organization affected by alterations in business practices to ensure understanding and implementation of new policies and procedures. •Collaborate with other Bank units to study and investigate issues and identify and implement solutions •Develops/amends written policies and procedures related to products and processes •Supervises and/or performs periodic testing to determine effectiveness of unit’s compliance to regulatory requirements, internal policies, and best practices •Directs and assists staff with the development or revision of policies, procedures, contracts and agreements to ensure compliance. •Reviews modifications initiated by other departments or functional areas •Acts as business unit interface with Corporate Compliance •Helps develop Business Unit compliance training programs •Participates in Business Unit Compliance projects •Performs other duties as assigned. Qualifications Required Education or Equivalent Experience •Bachelor’s Degree in Business Administration or related field Required •Years of functional/professional experience: 10+ yrs combined Compliance/Audit/Risk Management experience •Years of supervisory or managerial experience: 5+ yrs managerial/supervisory experience •Alternative: Combination of education and experience (years /description): Bachelors degree or equivalent combination of training and experience. Must have 10+ to 15 years experience The Compliance Officer – Advisory Services provides primary oversight and supervision to the Wealth Management Group's advisory product offering. Responsibilities include developing and maintaining policies and procedures and the overall design/maintenance of the advisory services compliance program. Provides oversight of Wealth Management Group's investment advisory business, goverened by the Investment Advisers Act of 1940 and various state regulatory authorities. Other essential duties and skills/knowledge required for this job include: •Ability to provide daily monitoring and oversight of client portfolios and asset allocations to ensure general adherence to advice provided to clients, investment guidelines and/or client restrictions. •Ability to provide Registered Investment Advisor (RIA) Code of Ethics monitoring and oversight. •Ability to develop and maintain compliance policies and procedures for the Advisory Services product offering, including Investment Advisory Compliance Manual, Supervisory and Oversight Procedures, and the Registered Investment Adviser Code of Ethics. •Ability to review and approval advisory program sales literature, marketing materials and other communications; file with FINRA as necessary. •Ability to prepare and present annual SEC 206(4)-7 annual compliance testing and remediation report to senior management. •Ability to liaise with Bank Corporate Compliance Department to address and respond to any and all regulatory inquiries/examinations relating to the registered investment adviser. •Must have experience and ability to manage the annual Form ADV process. •FINRA Series 7, 24, and 66 (or 63 and 65) •Strong knowledge of bank/broker-dealer compliance •Compliance expertise in investment advisory wrap fee programs •Ability to read and interpret regulatory statutes and client guidelines •Strong Microsoft Excel and Microsoft PowerPoint skills •Strong written and verbal communication and inter-personal skills
Benefits - Full
Relocation Assistance Available - Yes

 

 
 
 
 
Contact information:
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Recruiter
Max Populi, LLC
4628 Bayard Street, #207
Pittsburgh, PA 15213-2750
Tel: (412) 567-5279
Fax: (412) 567-5198
e-mail: jobs@maxpopuli.com
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