Commonwealth Financial Network

  • Compliance Advisor, Branch Audit

    Job Locations US-MA-Waltham
    Job ID
    # of Openings
  • 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 39 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 a compliance advisor on the Branch Audit team, you’ll be traveling to advisor offices nationwide to conduct on-site inspections (both scheduled and unannounced) to help us oversee the securities and advisory business of nearly 1,800 Commonwealth advisors. Your mission will be to ensure that each business is run in a manner that is consistent with both the spirit and the letter of industry rules and regulations, as well as the firm’s compliance and supervisory programs, to decrease exposure to regulatory and financial risk.
    Commonwealth’s auditors need to be excellent communicators who are analytical and detail-driven. Being on the road and working with minimal supervision, they also must be skilled at managing their time and meeting deadlines. If you think you have what it takes, then let’s introduce ourselves.


    • Conducting on-site inspections of Commonwealth’s branch offices nationwide and documenting associated audit findings in a timely manner
    • Communicating regularly with advisors, as well as home office employees, regarding firm policies and procedures
    • Completing a variety of general compliance projects, such as drafting internal communications; presenting at firm conferences; conducting continuing education teleconferences, data analysis, and internal compliance reviews; and performing other tasks as assigned


    • A minimum of 2 years of experience in compliance or the financial services industry
    • FINRA Series 7 securities registration required; FINRA Series 24 securities registration required within 3–6 months
    • Able to commit to traveling 40 percent of the time
    • Excellent written and verbal communication skills
    • Detail-oriented with strong analytical and organizational skills
    • Ability to meet deadlines in a fast-paced environment
    • Ability to work under minimal supervision
    • Proficient in Microsoft Word and Excel

    Please note: This position is based in our Waltham, MA home office.



    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 your background and experience 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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