Director of Compliance

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Your Future Team

Hightower’s Compliance Department strives to provide industry-leading support to the firm’s advisor teams. We are passionate about serving as collaborators within all facets of the organization and focus on developing processes and strategies that are effective for advisors, their clients, and other mid and back-office departments, while adhering to the spirit of the regulation.

This position reports to an Executive Director of Compliance and is predominantly self-directed and self-motivated. To be successful in this role, you must have a strong understanding of registered investment adviser and broker dealer regulations and compliance requirements, as well as excellent communication and analytical skills.

What You’ll Do

• Conduct due diligence reviews of onboarding practices, providing detailed analysis and recommended paths forward to senior management.
• Serve as the CCO of an affiliated RIA, Madison Avenue performing associated day-to-day functions including (but not limited to) the annual 206 (4)-7 review, 15(c) process, and all associated product requirements.
• Serve as the subject matter expert relative to private funds, ETF management, etc.
• Act as a stakeholder in the implementation of the Firm’s compliance program including taking ownership of relevant documentation, training, back end processes, etc.
• Oversee a team of individuals within the Compliance Services Team, providing guidance, support and development to staff.
• Oversee, and participate in the handling of, a queue of support cases ensuring cases are acknowledged and handled within an appropriate timeframe.
• Perform regulatory research and analysis as necessary, providing recommendations to senior management and/or preparing memos to file as requested.
• Manage the Compliance Department’s responsibilities relative to the Firm’s ADV materials bulk deliveries.
• Investigate and respond to compliance-related incidents, as directed.
• Analyze and identify issues and trends for improved process and controls.
• Develop and track improvement and/or remediation plans.
• Interact with and support personnel at all levels of the Firm’s various business units.
• Support the Compliance Department with various projects as required.
• Foster a positive compliance culture.
• Monitor the requirements of and compliance with applicable rules, regulations, and internal policies and procedures, helping build overall supervisory program to ensure that activities satisfy all relevant legal, regulatory, and Firm requirements.
  
  
  

What You’ll Bring

• Attention to detail, motivated by excellence.
• Critical thinking and communication skills, ability to educate – not dictate.
• Bachelor’s degree in Accounting, Finance, Law, or a related field.
• 8 years of experience in compliance management, including leadership roles within a registered investment adviser and/or broker dealer.
• Knowledge of relevant laws and regulations within financial services.
• Proven track record in designing and implementing compliance programs and internal controls.
• Deep understanding of SEC, FINRA state-specific, and other rules and regulations as they relate to Hightower’s business model.
• Effective at prioritization of workload with competing priorities while producing high quality work.
• Ability to independently analyze issues and requirements with the critical process understanding of business practices and implications, and assist with the continued refinement of a supervisory control framework.
• Highly responsive and proactive.
• Ability to adapt quickly to changing regulatory landscapes and guide the organization accordingly.
• Proficient in the use of MS Office applications.
• Strong organization and project management skills.
• Professional certifications in compliance (e.g., Certified Compliance and Ethics Professional, Certified Regulatory Compliance Manager), advanced degrees (e.g., JD), and/or Series 7 and 24 licenses highly desired.
  
  
  

What We Offer

• Coverage on the first day of employment for medical, dental, and vision insurance
• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
• Mother’s lounge onsite
• Flexible PTO plan
• Hybrid model work schedule (minimum 50% in office)
• Free brand-new gym in the Chicago office
• 401k matching plan
• HSA employer contributions
• Student loan assistance
• Pet insurance
• Base salary of $150,000-$200,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
  
  
  

AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.