We are seeking an experienced Director of Compliance to support the Chief Compliance Officer (CCO) in overseeing compliance operations for our rapidly growing Registered Investment Advisor (RIA) firm. The Director of Compliance will play a key role in ensuring the firm adheres to all regulatory requirements, internal policies, and industry standards, while also supporting the CCO in developing and enhancing the firm’s overall compliance strategy.
Key Responsibilities:
- Oversee and manage compliance operations, including monitoring and reviewing compliance procedures across all business functions and departments.
- Ensure adherence to all applicable SEC, state, and FINRA regulations, along with internal policies and best practices.
- Implement and enforce policies related to anti-money laundering (AML), privacy laws (e.g., GDPR, CCPA), conflicts of interest, advertising, and client suitability.
- Conduct regular compliance reviews and internal audits of business activities, client files, and communications to ensure adherence to legal and regulatory standards.
- Develop and deliver regular compliance training programs for employees, ensuring that all staff are up to date on regulations, policies, and best practices.
- Lead and assist in the integration of compliance-related technology tools to streamline compliance processes, monitor trade surveillance, and track client communications.
- Collaborate with senior leadership and business development teams to ensure the firm’s rapid growth remains compliant, especially in new markets or jurisdictions.
- Review and assist with mergers, acquisitions, and other expansion activities from a compliance perspective.
Qualifications:
- Bachelor’s degree in Business, Finance, Accounting, or a related field. A Juris Doctor (JD) or a relevant compliance certification is a plus.
- Minimum of 5 years of experience in compliance within the financial services industry, preferably within a Registered Investment Advisor (RIA) firm or a related setting.
- Minimum of 5 years of experience with SEC regulations, state-specific rules, and other industry regulations relevant to RIAs.
- Demonstrated expertise in creating and implementing compliance policies, training staff, and managing risk mitigation strategies.
- Effective communication skills and exceptional ability to work cross-functionally with various teams, including legal, operations, and advisory staff, to ensure company-wide compliance.to interact with stakeholders at all levels, including regulatory bodies, senior leadership, and employees.
- Ability to think strategically while ensuring tactical execution of compliance processes.
If you are passionate about compliance, thrive in a fast-paced environment, and are eager to contribute to the success of a growing organization, we would love to hear from you.
Benefits & Perks:
- Competitive base salary.
- Target year-end incentive bonus based on successfully executing firm goals and individual performance metrics.
- Consideration for equity participation for high performers.
- Generous PTO schedule.
- Volunteer Time Off.
- Option to telecommute one day per week.
- Self-directed 401(k) program with 3% safe harbor employer contribution. Employer reimbursement for successfully completing approved, applicable professional designations and CE credits.
- Employer contribution of $2,000/year into individual Health Savings Account for all employees enrolled in True North’s medical plan.
- Free Financial Planning services for employees.
- Fun and energetic work environment!
Background:
True North Advisors was founded on the shared vision that the only way to truly provide clients with trustworthy advice is through complete independence, objectivity, and the absence of conflicts of interest. Established in 2000, our mission has been to help our clients lead more fulfilled lives through trust, personalization, and simplicity.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.