Commonwealth Financial Network

Compliance Manager, Advertising Review

Job Locations US-MA-Waltham
Job ID
W/SD-2021-HB
# of Openings
1
Category
Compliance
Type
Permanent/ 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, team-wide adherence 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

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, relationship building, coaching, and communication skills
  • Capability 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. 

 

Picture Yourself Here  

Imagine keeping company with big thinkers and even bigger doers who share a common purpose to make a profound difference. Figure in an experience-it-to-believe-it culture, massive growth potential, and benefits galore, and you get the full impression.   

 

We are committed to providing a supportive, equitable environment where you can bring your full, authentic self to your work every day and truly thrive in meaningful ways—personally and professionally. At Commonwealth, everyone plays a part in our success story. And in building a more diverse and inclusive workplace, we are broadening our perspectives and capabilities. Together, our potential is limitless. Come join us on the pathway to a brighter future!  

  

About Commonwealth  

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides a suite of business solutions that empowers more than 2,000 independent financial advisors nationwide. J.D. Power ranks Commonwealth “#1 in Independent Advisor Satisfaction Among Financial Investment Firms, Eight Times in a Row.” Privately held since 1979, the firm has headquarters in Waltham, Massachusetts, and San Diego, California.   

  

Turning our advisors into raving fans starts by doing the same for our employees. We foster an environment of excellence, growth, rewards, and fun in equal measure, so our employees genuinely enjoy coming to work. Our refreshing workplace culture has earned us 43 Best Place to Work awards—and counting.   

  

The Fine Print  

We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth 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 is an equal opportunity employer, making intentional efforts to source the very best talent from all backgrounds.

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