Commonwealth Financial Network

Compliance Manager, Advertising Review

Job Locations US-CA-San Diego
Job ID
SD/W-2019-EL
# of Openings
1
Category
Compliance
Type
Full-Time

Overview

Are you an accomplished and experienced manager? Are you well-versed in registered investment adviser and broker/dealer advertising, as well as communications with the public, with respect to rules and regulations? Commonwealth seeks a compliance manager equipped with these skills to oversee our bicoastal Advertising Review team.

 

The Advertising Review team is responsible for reviewing advertising, sales, and promotional materials, as well as other written and electronic communications distributed by Commonwealth’s financial advisors and Marketing department. As manager of the Advertising Review team, you will be responsible for the general oversight, development, and leadership of team members. You will also ensure that the team’s review processes meet regulatory obligations under Rule 206(4)-1 of the Investment Advisers Act and FINRA Rule 2210, in addition to other applicable rules, regulations, SEC no-action letters, and interpretive guidance. 

 

Key responsibilities

  • Monitoring, evaluating, and relaying SEC, FINRA, and state advertising communications with public rule changes and regulatory developments to SEC-registered investment advisers and broker/dealers
  • Assessing effect of regulatory changes and developments on firm policies and procedures and implementing revisions accordingly
  • Setting performance expectations for staff and promoting ongoing development through training, regular feedback, and new opportunities
  • Evaluating procedures to ensure a consistent process and ongoing adherence by the team to applicable policies and procedures
  • Ensuring that our firm’s registered investment adviser and broker/dealer advertising and communications review policies and procedures remain in compliance with applicable SEC, FINRA, and state rules and regulations
  • Staying current with and providing direction for all applicable areas of responsibility on an ongoing basis, including the rulemaking process, relevant enforcement actions and no-action letters, SEC and FINRA exam priorities, and industry best practices
  • Serving as the team’s escalation point and subject-matter expert, providing guidance and instructions on applicable policies and rules

Core strengths

  • Ability to solve complex problems, assess risk, and offer solutions based on applicable rules and regulations, firm policies, and regulatory interpretive guidance
  • Adept at reading, analyzing, and interpreting general business periodicals, professional journals, technical procedures and statutes, and rules and regulations of applicable regulatory and self-regulatory organizations
  • Detail-oriented and decisive
  • Exceptional ability to provide indispensable service through solution-oriented decision-making and timely, accurate processing of requests
  • Adept at conforming to shifting priorities, demands, and timelines
  • Excellent listening, writing, and relationship-building communication skills
  • Strong coaching and developmental skills
  • Ability to effectively work and communicate within all levels of the organization

Additional skills and knowledge

  • 5+ years of experience with registered investment adviser advertising compliance
  • FINRA Series 7 and 24 securities registrations
  • 10+ years of compliance experience
  • Previous management experience

Have we piqued your curiosity? Can you see yourself thriving in this opportunity? Let’s introduce ourselves.

 

About Commonwealth—and Our Anything but Common® Culture

 

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 delivering indispensable service to independent financial professionals so they, in turn, can put their clients first. Our technology, research, resources, and support—plus a variety of affiliation models—deliver what today’s independent advisors need to thrive.

 

That being said, we are a financial services company with a unique mission—one that encompasses purpose, vision, and core values in equal measure. Staying true to these guiding principles is the reason we are recognized so often and by so many for the quality of life we enjoy here. We believe it directly translates to a better experience for everyone: employees, advisors, clients, and our communities.

 

Creating a supportive culture where everyone can thrive is a mission we take seriously. From professional development to comprehensive benefits, grassroots leadership opportunities, generous bonus and stock option incentive plans, opportunities to unwind and connect, and so much more, Commonwealth is not just a great place to work—it’s a place that, for many, feels like home.

 

We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth Financial Network® will never ask potential hiring candidates to pay or transfer funds as a precondition of interviews or employment, nor will we authorize recruiters or agents to do so on our behalf.

 

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

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed