What are the responsibilities and job description for the Compliance Analyst position at Strategic Wealth Designers?
Nearly 23 years ago, 23-year-old Matthew Dicken grew frustrated with the issues plaguing the financial services industry and set out on a mission to change the industry standard and prioritize clients in retirement planning. What started as a small two-person team in a 1,200 sq. ft. office in Louisville, KY, has evolved into the Strategic Wealth Designers we now know, with 18 locations across the U.S. and almost 100 employees. As we continue to grow, we're looking for passionate individuals to help take us to even greater heights.
Strategic Wealth Designers (SWD) is a full-service financial firm specializing in assisting clients in or near retirement. Our team is comprised of advisors, marketers and client relations specialists who thrive on success and are rewarded for hard work. SWD is a close-knit company looking for the right person to complement our team. The ideal candidate for this role will be someone who has the desire to work in the financial industry long-term and contribute to the growth of our business by exceeding expectations and developing a strong working relationship with our clients. The Compliance Analyst we choose will embody our core values. They will be selfless, tenaciously driven, coachable, compassionately honest and they will take absolute ownership.
Job Description
The Compliance Analyst will assist the CCO with the effective implementation and administration of the compliance program for Strategic Wealth Designers’ – an SEC Registered Investment Advisory firm. This position works closely with Financial Advisors, Portfolio Management, and Investment Operations areas.
In addition, they will support the business in developing appropriate controls and procedures to mitigate business and product specific risks and primarily responsible for developing and performing compliance monitoring/testing of the business’s controls.
Qualifications and Requirements:
- Series 65 or 66
- Bachelor’s degree required (with a preferred major in business/finance); MBA, J.D. or professional designation (e.g. CFA) highly desirable
- 5 years’ relevant auditing or compliance experience with an SEC Registered Investment Advisory Firm
- Detail-oriented, organized and highly proficient individual to work in a fast-paced environment
- Excellent written and verbal communication skills
- Ability to handle multiple tasks simultaneously and work under tight deadlines
- Strong analytical thinking, problem-solving, research and time management skills
Responsibilities/Tasks:
The Compliance Analyst ensures that the organization adheres to regulatory standards and internal policies and processes. This role involves supporting internal audits, monitoring compliance programs and collaborating with various departments to mitigate risks and maintain operational standards. This individual will be expected to follow through consistently in all efforts. Other daily, weekly, and/or monthly tasks may include:
- Manage and maintain the compliance calendar
- Conduct ongoing monitoring of the firm’s code of ethics including its personal trading, gifts & entertainment and political contributions policy
- Assist with other compliance program activities, including presentations, new hire on-boarding, ongoing compliance training, implementation of new rules/regulations and supporting new firm compliance initiatives
- Assist in the completion of regulatory reporting including Form ADV
- Assist in the completion of the firm’s annual compliance review and risk assessment
- Assist in all regulatory examinations and in the preparation of compliance reports for the board of directors for the firm’s funds and executive management
- Remain knowledgeable of the current regulatory environment for investment managers and registered funds, including staying abreast of new changes and trends impacting the firm, and for ways to prepare the firm to face such changes
- Other compliance-related tasks/projects as requested
Position Details:
- Location: 3711 South Mopac Expressway, Austin, TX 78746
- Commitment: 40 hours per week, 8am-5pm & scheduled client/company events as necessary.
- Compensation: Starting salary range is $70,000-90,000. Comprehensive benefits package included.
Salary : $70,000 - $90,000
