_{03rd May, 2022}

CHIEF COMPLIANCE OFFICER BROKER INVESTMENT ADVISOR WHAT IS THE OPPORTUNITY?
 
Responsible for evaluating enterprise risk in accordance with regulatory compliance policies, goals, and objectives established by the dual-registered broker dealer – investment adviser firm (BD-RIA). Also be fully responsible and accountable for the design and execution of the compliance program for the BD-RIA to assure that regulatory compliance is maintained at highest possible levels. Requires working closely with internal/external legal counsel to the firm, as needed, with respect to legal reviews and guidance for the firm. Position is also responsible for ensuring that the bank’s Wealth Management-Securities Sales and Trading (WM-SST) are in compliance with rules and regulations that govern Broker Dealers / Investment Advisers including the Securities and Exchange Commission ("SEC"), Financial Industry Regulatory Authority ("FINRA"), Municipal Securities Rulemaking Board ("MSRB") and other regulatory bodies as well as any specifically required under the bank.
 
Risk Management Division This is a great opportunity to grow your career with a stable and expanding organization as a member of the bank’s Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
 
WHAT WILL YOU DO?

• Oversee the establishment, implementation and maintenance of written policies and procedures governing the BD-RIA activities of the bank and WM-SST, conduct both specific and general compliance reviews and testing on trading, sales, operations, personnel, etc. for compliance, monitor trading activities of clients, colleagues and proprietary trading accounts for abuses, suspicious activities and trading violations, ensure proper registration and licensing of the bank and Registered Representatives and serve as the primary contact for regulators and internal/external auditors.
• Develops, updates, and maintains written policies and procedures for the bank and WM-SST to ensure compliance with various laws, rules and regulations including but not limited to SEC / FINRA / MSRB and others.
• Conducts, monitors, and maintains all firm and agent registration and licensing for broker dealer, registered investment adviser, insurance and bank activities for the bank and WM-SST.
• Plans, executes and supervises compliance reviews, which includes specific and general reviews on trading, sales, operations, personnel, branch, etc., to support the monitoring requirements of the industry. Coordinates and completes regulatory reporting to ensure compliance with industry rules and regulations. Performs periodic reviews and ongoing monitoring of daily clearing agent reports, Fin CEN inquiries, and inquiries from Bank Compliance and clearing agent.
• Oversees and enforces the Anti-Money Laundering (AML) Compliance Program, Privacy and Identity Theft Programs for BD-RIA.
• Specifically, provides compliance support and supervision of the firm’s RIA program, specifically, including ongoing maintenance of firm’s Form ADV, Parts 1 and 2 as well as regular and periodic updates. Reviews and monitors RIA employee compliance with the Code of Ethics, including trading activities.
• Provides quarterly compliance report to the the bank Board which summarizes the results of reviews performed during the period (including the resolution of any significant issues), any material changes to the BD-RIA policies and procedures and updates on regulatory activities impacting same.
• Coordinates and controls audit and regulatory examinations. Coordinates and provides information to auditors and regulators as requested during the course of a regulatory examination or audit review. Monitors and follows up on outstanding compliance issues and ensures timely resolutions.
• Provides timely compliance support, guidance and problem resolution for customers, trading, sales, cashiering, operations, etc. to reduce or prevent exposure to violations, loss of or non-payment of funds, account registration concerns, error correction issues, etc.
• Stays abreast on any regulatory and/or compliance changes that will impact the bank’s BD-RIA activities, specifically, as well as any related to the bank - Wealth Management, generally. Keeps management and BD-RIA colleagues informed of these changes.
• Assists and coordinates any training, to the bank and WM-SST colleagues, ensuring compliance with the firm’s Continuing Education requirements and or Bank’s policies and procedures, etc.

• *Minimum of 10 years of dynamic experience in the securities industry with a thorough understanding of SEC, FINRA and MSRB laws, rules and regulations including the Securities and Exchange Act of 1940, the Securities Act of 1933, the Investment Advisers Act of 1940 and the Investment Company Act of 1940.
• *Extensive background in a broker dealer and investment adviser compliance role with a minimum of 5 years of experience in a “Senior Compliance Officer” role required.
• *Minimum of 3 years of experience in the specific capacity of “Chief Compliance Officer” required.
• Series 7, 24, 63 and/or 65 (or 66) licenses required.

• Bachelor’s Degree in Business, Finance, Economics or other applicable business-related discipline preferable; however, an additional minimum of 5 years of directly related securities industry experience with a strong regulatory compliance (CCO) experience may be considered without required degree.
• Thorough knowledge of regulatory governance for broker dealers/investment advisers as well as with securities laws.
• Background and working knowledge of Interagency Statement on Retail Sales of Non-Deposit Investment Products / Policy / Programs.
• Familiarity with Fiduciary Standards and ERISA rules and regulations desirable.
• Background and working knowledge of underwriting activities preferred.
• Working knowledge of insurance products preferred.
• Experience in investigating and responding to customer complaints, mediations and arbitrations.
• Skilled and experienced with responding to regulatory inquiries & audits.
• Competent with drafting, reviewing, implementing and managing compliance policies and procedures.
• Ability to assist and contribute to the due diligence reviews of investment and or alternative products a plus.
• Must be able to communicate effectively, both verbally and written, to various audiences with the ability to establish strong working relationships with individuals and teams both inside and outside of the firm.
• Ability to train/educate others as well as to be able to transfer knowledge to others.
• Demonstrate strong leadership, management and (internal) customer service skills.
• Orientation towards process improvement and the ability to think and work at both the strategic and tactical levels as required.
• Series 4, 53 licenses preferred with S-27, a plus.