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Commonwealth Financial Network RIA Chief Compliance Officer in Waltham, Massachusetts

The RIA chief compliance officer (RIA CCO) is responsible for adopting and implementing written policies and procedures reasonably designed to prevent violations of the Investment Advisers Act. In this role, you will also be responsible for administering, monitoring, and enforcing an investment advisor compliance program. Your compliance expertise will drive your ability to manage and lead all RIA Compliance functions and activities.

Key Responsibilities

  • Supervising and managing all aspects of RIA Compliance

  • Being the primary point of contact and subject-matter expert for all RIA Compliance matters

  • Designing, implementing, and periodically updating relevant RIA Compliance policies, procedures, supervisory controls, and disclosures

  • Directing and coordinating continuous improvements to the development of enhanced systems and processes used to conduct routine or investigative reviews on behalf of RIA Services and RIA Compliance

  • Providing ongoing advisory compliance guidance, support, direction, and training to other business units, advisors, and staff

  • Designing, implementing, and periodically updating RIA Compliance systems, policies, procedures, and supervisory controls

  • Supervising all firm RIA activity to detect and deter violations of internal policies, procedures, and applicable state and federal rules and regulations

  • Directing and coordinating continuous improvements to systems and processes used to conduct routine or investigative investment advisory reviews

  • Providing advisory consulting services to advisors who operate their own RIAs, including Form ADV, advisory contracts, performance reports and statements, advertising, procedures, and controls to help outside RIAs comply with applicable state and federal rules and regulations

  • Ensuring that firm RIA activities remain in compliance with applicable SEC and state rules and regulations, as well as the requirements of the Investment Advisers Act, Securities Exchange Act, Securities Act, and Investment Company Act

  • Interacting with SEC, state, and self-regulatory agencies as necessary; serving as the primary point of contact for regulatory RIA inquiries and examinations

  • Staying up to date with and providing guidance for all applicable areas of responsibility on an ongoing basis, including the rulemaking process, relevant enforcement actions and no-action letters, SEC exam priorities, and RIA best practices

  • Keeping on top—and ahead—of industry developments and SEC regulations; responding to the evolving needs of our firm, staff, and advisors

  • Core Strengths

  • A strong working knowledge of the complexities of an independent contractor, dually registered firm, or RIA with an affiliated broker/dealer

  • A thorough understanding and working knowledge of the Investment Advisers Act, all applicable rules and regulations, and all applicable SEC enforcement actions and no-action letters

  • A strong ability to research, interpret, and reasonably apply applicable rules and regulations to all RIA activities

  • Excellent verbal and written communication and relationship-building skills

  • Superb analytical abilities and problem-solving skills

  • Expert ability to apply common sense, reasonable judgment, and creative problem-solving in the performance of your functions, within the confines of applicable rules and regulations

Additional Skills and Knowledge

  • A background in financial services that includes at least 10 years of direct experience in investment advisory compliance or as the RIA CCO for a dually registered or affiliated retail broker/dealer or registered investment adviser

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. We invite you to join us on the path 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, Seven 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.

ID: W-2021-106

External Company Name: Commonwealth Equity Services, Inc.

External Company URL: http://www.commonwealth.com/Homecfn.aspx

Street: 29 Sawyer RD

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