Senior Compliance Officer

About the position

The Senior Compliance Officer acts as a resource and subject matter expert for brokerage and investment advisory business and coordinates with our Registered Representatives, Advisors, Home Office Departments, and other Compliance Officers. This role has primary responsibility for the continued development and enhancement of the firm’s advisor-facing compliance strategy and works closely with the Chief Compliance Officer as well as business unit leaders to integrate compliance protocols to ensure that Sanctuary Wealth complies with existing and new applicable federal, state, FINRA, and SEC laws, rules, and regulations. This role can be based in any of the following cities: Indianapolis, IN, Miami, FL; Omaha, NE; San Antonio, TX; Remote, based on experience.

Responsibilities

• Research new and existing compliance and supervision issues (some complex), proactively identify risks and recommend solutions to the Compliance leadership team.
• Proficient and experience with FINRA Gateway with the ability to amend our Form BD and ADV as required.
• Extensive knowledge of AML rules and regulations to conduct AML activity reviews and file SARS as required.
• Assist in the development and implementation of policies, procedures, and surveillance systems.
• Review and assist in updating procedures (as needed) to ensure they are in line with current regulatory rules and regulations.
• Review and approve or recommend changes to advertising and marketing material submissions (company and advisor level), including social media and websites, to ensure compliance with applicable industry rules and regulations and firm policies.
• Utilize internal technology to ensure approvals are completed and tracked efficiently.
• Support compliance team by participating in supervisory activities which may include monitoring, review, and approval of correspondence, ADV2b brochures, outside business activities, gift and gratuities/non-cash compensation submissions and logs, supervisory exceptions, annual compliance questionnaires, firm and branch exam audits and findings, continuing education completion, audit deficiencies/findings, and other items as assigned.
• Regularly perform email surveillance reviews, identifying and escalating concerns and data to the next level management.
• Maintain a broad knowledge base of the securities industry (regulatory, markets, products, processes, and operational methodologies).
• Establish and maintain a strong relationship with our Registered Representatives, Advisors, peers, and other Home Office departments.
• Research complex compliance & supervision issues when required.

Requirements

• Strong project management experience with a proven history of delivering extraordinary results on time.
• Knowledge of, and ability to interpret and apply, insurance, broker/dealer, and investment advisor regulatory requirements.
• Strong knowledge of the Investment Advisors Act of 1940.
• Strong ability to work independently, as well as on a team.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office.
• Professional demeanor that communicates Sanctuary’s values and beliefs.
• Exceptional organizational skills to meet deadlines and maintenance of Books and Records.

Nice-to-haves

• Series 4 and 53 are additional licenses preferred.