Commonwealth Financial Network

  • Senior Compliance Advisor, Technical Review

    Job Locations US-MA-Waltham
    Job ID
    W-2018-002
    # of Openings
    1
    Category
    Compliance
    Type
    Full-Time
  • Overview

    Commonwealth Financial Network® is the largest privately held Registered Investment Adviser–independent broker/dealer in the U.S., with offices in Waltham, Massachusetts, and San Diego, California. Since 1979, we’ve been helping our field force of independent financial professionals help investors pursue their financial goals. We do that by providing them with the technology, research, resources, and support that allow them to keep their focus on what’s most important: investors and their financial objectives.

     

    With that said, we are not your typical financial services firm. For starters, we’re a fast-growing company, and we think and have fun like a start-up. Conveniently located on the commuter rail near the intersection of I-95 and the Mass Pike, we’re accessible from anywhere—and away from the congestion of a downtown commute.

     

    Commonwealth recognizes that our people are our greatest asset by investing in training and professional development. As a result, Commonwealth has been recognized 38 times (and counting) as one of the Best Places to Work by top publications in the region (Boston Globe, Boston Business Journal, San Diego Business Journal, San Diego Union-Tribune), as well as in the IT industry (Computerworld). With high marks in areas such as work environment, work/life balance, job satisfaction, and opportunities for advancement, Commonwealth is a place where you can thrive.

     

    Discover what it’s like to be psyched to come to work every day! We offer you:

     

    • Generous bonus and stock option incentive plans
    • Use of our chairman’s vacation properties (Cape Cod, Lake Winnipesaukee, Sunday River, Key Biscayne, Las Vegas, Park City, the Bahamas, and the Dominican Republic) at no cost
    • Fully paid maternity leave (12 weeks) and spousal leave (3 weeks)
    • A more relaxed, “dress for your day” dress code
    • A free on-site fitness center
    • Ample opportunity to volunteer with and support local charities
    • A VTO (volunteer time off) day to use toward a cause that’s important to you
    • Tuition reimbursement
    • Free breakfast on Fridays
    • A competitive benefits package—and much more

    About the Opportunity

    As the financial technology space at Commonwealth continues to expand, it is becoming increasingly important to ensure compliance with internal policy and regulatory guidelines. We are looking for someone with strong analytical skills—as well as a dedicated focus on documentation—to perform compliance reviews of new and existing technology offerings across the firm.
     
    The right candidate will have a demonstrated knowledge of securities compliance and/or regulatory affairs and be able to identify risk and mitigation strategies, all while working in an autonomous environment. If you think you have what it takes, let’s introduce ourselves.

    Responsibilities

    • Identifying compliance-related risks associated with new applications
    • Evaluating the compliance risk associated with our existing tools and applications in the Commonwealth technology suite; developing and carrying out an audit plan
    • Conducting ongoing audits of previously approved tools to ensure that conditions for approval are met consistently
    • Aiding the associate product manager in the testing of legacy systems to ensure that they continue to meet core regulatory conditions
    • Coordinating, documenting, and advising internal clients on the compliance guidance given by the Technology Review Committee
    • Ensuring compliance with state and federal regulations in order to decrease the firm’s exposure to regulatory and legal risk

    Qualifications

    Experience

    • 5+ years of broad, demonstrated experience in compliance or regulatory affairs (or in-house experience)
    • A passion for problem-solving with a technology focus
    • Internal audit or rules-based testing experience in any industry, a plus 

    Knowledge

    • A broad understanding of state and federal regulations and the ability to quickly understand adaptations to firm policy
    • Demonstrated proficiency with technology—specifically SharePoint, Excel, web, and Visio
    • FINRA Series 7 and 24 securities registrations
    • College degree 

    Skills

    • Ability to consistently provide a high level of attention to detail
    • Strong communication skills—both written and oral
    • Ability to work autonomously and finish projects with limited management involvement
    • Effective time-management and organizational skills
    • Ability to present new solutions for existing problems to colleagues and managers confidently
    • Strong creative-thinking skills to evaluate problems from different perspectives while keeping an open mind

    Summary

    Have we piqued your curiosity? Can you see yourself thriving in this career opportunity, as well as our Anything but Common® workplace culture? If so—and if you background and expertise align with our needs—please do submit your application right away.

     

    Commonwealth Financial Network® is an equal opportunity employer that is committed to a diverse workforce.

     

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