Position Summary
Focus Partners Wealth is seeking a Compliance Analyst who will, in coordination with the rest of the Compliance Department, have responsibility for much of the day-to-day administration of the firm’s Compliance Program. The Compliance Analyst will help ensure that the firm is fully prepared for an SEC examination and is in compliance with regulatory requirements. This person will help foster a culture of compliance and serve as a resource to in-house professionals seeking regulatory guidance and also work to help develop compliance tools and educational training programs for internal professionals allowing these professionals to leverage their valuable time.
Primary Responsibilities
- Continued implementation, development and enhancement of the firm’s comprehensive Compliance Program, including Policies and Procedures, Code of Ethics and other manuals and policies
- Independently be responsible for and perform or oversee the majority of the compliance testing (transactional, periodic and forensic) of the firm’s Compliance Program
- Identify conflicts of interest and assist in the elimination, mitigation or management of the conflict
- Assist in the development of internal compliance controls
- Be a subject matter resource in using compliance support technologies, such as Global Relay, ACA Compliance Alphaand Basis Code
- Maintain a proficiency for working within various technology systems (CRM, Portfolio & Accounting, etc.) utilized by the Firm for compliance purposes
Independently be responsible for drafting and submitting regulatory filings through the IARD/CRD system - Manage and review incoming marketing requests in Red Oak to ensure compliance with the SEC’s Advertising Rule
- Partner with internal teams like Communication and Creative Services and Investment
- Responsible for the ultimate approval/denial of all marketing requests.
Qualifications
- 1+ years of compliance, regulatory, or audit experience in the financial industry
- Bachelor’s degree in business or related field of study
- Ability to utilize CRM system, such as Salesforce
- Ability to analyze and summarize data and apply critical thinking to develop conclusions from the data
- Intellectual curiosity and intelligence, as well as a proactive approach to problem-solving
- Extensive knowledge of the Investment Advisers Act of 1940, as amended
- Strong written and verbal communication skills with ability to interact effectively with peers and all levels of management
- Willing and able to learn and analyze securities laws
The annualized base pay range for this role is expected to be between $60,000-$75,000. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set. The base pay is just one component of the total compensation package for employees. Other rewards may include an annual cash bonus and a comprehensive benefits package.
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Focus is a leading partnership of fiduciary wealth management and related financial services firms. Focus provides access to best practices, greater resources, and continuity planning for its affiliated advisory firms, which serve individuals, families, employers, and institutions with comprehensive financial services. Focus firms and their clients benefit from the solutions, synergies, scale, economics, and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visit www.focusfinancialpartners.com.
For California Applicants: Information on your California privacy rights can be found here
For Indiana Applicants: It is unlawful for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For Maryland Applicants: I UNDERSTAND THAT UNDER MARYLAND LAW, AN EMPLOYER MAY NOT REQUIRE OR DEMAND, AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT OR CONTINUED EMPLOYMENT, THAT ANY INDIVIDUAL SUBMIT TO OR TAKE A POLYGRAP OR SIMILAR TEST. AN EMPLOYER WHO VIOLATES THIS LAW IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.
For Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this shall be subject to criminal penalties and civil liability.
For Montana Applicants: If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.
For Rhode Island Applicants: Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation. The Company complies fully with the Americans with Disabilities Act.
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Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms. Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their operational independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.
