NewEdge Wealth is looking for a Junior Compliance Officer to provide and assist in the management of NewEdge Wealth’s ’s compliance program. This position will work closely with the firm’s advisory, legal, operations, IT and other support personnel, using their understanding of compliance requirements to meet the firm’s obligations. This compliance professional will be dedicated to investment advisory compliance and will be responsible for day to day as well as periodic and ad hoc compliance reviews. This individual must be knowledgeable of the Investment Advisers Act and related rules and regulations, be able to take direction and show initiative and should be familiar with the independent RIA world, be flexible and business minded. Prior experience with UHNW businesses is preferred.
Assist in identifying rules and regulations applicable to the firm’s current and proposed advisory business;
Assist in identifying areas of regulatory risk and helping the business develop effective controls;
Assisting with the testing of the firm’s policies and procedures;
Conducting monthly, quarterly and ad hoc compliance reviews;
Assistance with the Annual 206(4)-7 Reviews;
Assist in new adviser transitions;
Conducting supplemental training and education;
Support in the drafting, approval, distribution, and monitoring of Code of Ethics certifications and pre-approvals;
Ability to work independently across multiple clients and tasks simultaneously;
Ability to promptly escalate breaches in policies/compliance to superiors and/or clients;
Excellent time management and organization;
Ability to work well in a fast-paced, small-team environment;
Ability to work independently, multi-task and prioritize effectively;
Strong oral and written communication skills; and
Highly motivated and goal oriented, volunteers for and shows initiative on tasks and projects.
+3 years of related experience in working with SEC regulated entities;
A four (4) year college degree is required.
Proficiency with Microsoft Office and Salesforce applications strongly desired.
Prior experience using Code of Ethics software solutions (Orion-BasisCode, ComplianceAlpha, ComplySci, etc.) preferred.
Superior customer service skills in support of the mission of NewEdge Wealth.