Job Description
Job DescriptionSalary:
Benchmark Financial, a growing wealth management firm, is seeking a Compliance Officer to assist us in our mission of helping clients achieve their financial goals. Our culture is fast-paced, collaborative, and focused on improving our clients lives.
Description
The Compliance Officer (CO) is responsible for overseeing and implementing the firms compliance plan to ensure the firms activities meet all legal and regulatory requirements. This individual will be responsible for all compliance reporting and will work hand in hand with the firms outsourced Compliance Consultant. The Compliance Officer role will also have additional executive responsibilities based on interest and skills of a senior-level position.
Responsibilities & Activities
- Accountable for implementation, and administration of the firms compliance program and plan:
- Monitor and improve existing compliance program. Responsible for review and approval of account documents, advisory agreements and all necessary compliance documents.
- Conduct regular compliance reviews and testing. Proactively identify potential problems and areas of vulnerability and risk.
- Ensure program effectiveness and focus on continuous improvement.
- Consult with CEO and legal counsel, as appropriate.
- Serve as a liaison with regulatory entities. Investigate and resolve client inquiries, requests, and complaints:
- Manage interaction with regulatory entities and respond to inquiries and requests.
- Coordinate and conduct audits and investigations, as needed.
- Maintain necessary records and documentation and ensure reporting requirements are met.
- Work proactively to educate employees on compliance policy and procedures and their ability to comply with requirements:
- Develop employee documentation, policies, and practices to reinforce compliance requirements.
- Institute and maintain appropriate compliance training programs for employees.
- Help instill and maintain high ethical standards. Act as a role model for compliance activity and expectations. Serve as a resource for leaders, employees, and clients, as needed.
- Produce and provide necessary and beneficial internal reporting and communication on a regular basis.
- Assist with execution of the strategic vision/goals of the firm
- Demonstrate leadership abilities
Knowledge, Skills & Abilities
- Five to seven years of experience managing compliance functions with a SEC RIA firm and working with regulatory agencies;10+ years of experience in the financial services industry
- Experience developing, implementing, and monitoring compliance plans
- Bachelors degree in business management or a related area, or equivalent experience
- Strong working knowledge of SEC regulations and requirements, as well as other federal and state regulations
- Strong working knowledge of investment advisory business and requirements
- Demonstrated ability to focus both strategically and tactically
- Strong communication skills, both written and oral
- Demonstrated analytical and leadership skills
- Demonstrated problem-solving and decision-making skills
- Attendance is an essential function
- Salary is commensurate with experience
We offer a flexible working environment in a brand-new professional office located in Boca Raton, FL. This is an opportunity to play a key role in the future success of our fast- growing organization.
For more information about our company, please visit our website www.bfllc.com.
If interested in this opportunity, please send your resume and letter of interest to Roger Kalina at rkalina@bfllc.com.