WFS Compliance Associate

About Us

At West Financial Services, we have spent over 40 years building a firm dedicated to taking a creative and ethical approach to growing and protecting our clients’ wealth and prosperity. Since our inception in 1982, we have provided financial services on a fee-only basis, acting as a fiduciary for our clients. Each member of our team fully embraces the importance of this role and what it means for our clients. We bring planning excellence, investment discipline and personal service to everything we do. We are seeking competent, motivated employees who share our commitment to being remarkable. To attract and retain these quality individuals, we provide a market driven salary administration program and a comprehensive benefits package.

About the Job

The Compliance Associate will support the Chief Compliance Officer (CCO) in managing the firm's compliance program(s), to ensure the firm adheres to regulatory standards set by the Securities and Exchange Commission (SEC) and other applicable authorities. This includes monitoring and reporting on the Code of Ethics, testing compliance related policies and procedures, and working with the CCO, employees, outside counsel, and compliance consultants to ensure effective compliance program oversight.   MAJOR JOB ACCOUNTABILITIES:   - Required Filings:   - Assist in the preparation, maintenance, and filing of regulatory documents such as Form ADV, Form U-4/U-5, and other filings as needed.   - Audits:   - Assist in performing annual compliance program reviews; support periodic mock regulatory exams; aid in responding to regulatory inquiries and examinations from the SEC and other regulatory bodies.   - Work with internal and external auditors throughout the year by providing financials, reconciliations, and other requested information.   - Compliance Testing and Policy Implementation:   - Conduct routine and ad hoc compliance testing, including employee personal trade reporting reviews, ensuring brokerage account electronic feeds are correctly maintained, and ensuring ongoing compliance responsibilities identified in the compliance calendar are addressed and resolved.   - Assist in maintaining policies and procedures designed to prevent violations of federal securities laws, including personal trading, insider trading, outside business activities, gifts and entertainment, political contributions, and electronic communications.   - On-going Compliance Duties:   - Track and monitor regulatory updates to ensure compliance with new or amended laws, rules, and regulations. - Assist in conducting and documenting compliance-related employee training. - Scan and file documents, review statements and transaction activity, and maintain the firm(s) compliance calendar.  - Perform other supervisory and compliance functions as needed.

Required Skills

- Bachelor's degree; 1 to 3 years of experience in compliance or related role, preferably with an SEC registered investment adviser. - Strong analytical and organizational skills, with attention to detail and accuracy; ability to handle sensitive information confidentially and professionally. - Experience using personal computer systems required with an excellent knowledge of Microsoft Word and Excel. Ability to use standard office equipment. Proficiency with Compliance Alpha, Salesforce, and Tamarac platforms is advantageous. - Position requires regular contact with diverse groups internally and externally in supplying or seeking routine information. Must have excellent written and verbal communication skills. - Work is under general supervision where standard practices enable the employee to operate alone on routine tasks, referring questionable situations to the CCO. - Compliance certifications (e.g., IACCP, CRCP, etc.) or willingness to obtain within 24 months is a plus.   SPECIFIC PHYSICAL REQUIREMENTS:   Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required.   WORKING CONDITIONS:   Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.   Work includes little or no potential exposure to hazardous conditions.   Must be able to travel to remote company and/or client locations.   The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification.  They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Compensation Information

At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location. Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.

Additional Information

West Financial Services, a subsidiary of Sandy Spring Bank, provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

 

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.

 

West Financial Services partners with various job boards to advertise our openings. Please visit our website, www.westfinancial.com to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.