Director of Compliance - Core Ventures : Job Details

The Company:The Wealth Alliance is a Melville, New York-based hybrid registered investment advisory firm. WA was founded in 2019 and currently employs over 20 professionals, including Certified Financial Planners, public accountants, investment management analysts, and a top-tier team of service professionals.The Position:We are seeking to add a dedicated Director of Compliance to our team. The person in this role will be responsible for administering WA's Rule 206(4)-7 compliance program.Responsibilities:

• Overseeing the day-to-day management of the compliance program including, but not limited to, Policy Management, Registration and Licensing, Compliance Training and Education, Regulatory Change Management, Investment Advisory Compliance, Branch Office Oversight (as applicable) and Conflicts Management
• Establishing the strategic direction for all compliance initiatives
• Fostering a culture of compliance awareness and ethical behavior In conjunction with a Compliance Consultant, as applicable, and other departments, designing and executing WA's Rule 206(4)-7 Annual Compliance Review through periodic and forensic testing on a regularly scheduled basis to ensure adherence to WA's policies and procedures as well as the rules, regulations and laws to which WA is subject, and preparing the Annual Written Report
• Providing ongoing compliance and regulatory advice and guidance based on changes in regulatory requirements to which WA is subject or changes in WA's business activities to ensure compliance considerations are central to the decision-making processes of the business
• Developing and, not less frequently than annually, reviewing and updating compliance policies and procedures to align with regulatory requirements and industry best practices; ensuring clear communication and understanding of policies across the organization
• Providing comprehensive compliance training to employees, no less frequently than annually, to keep them informed about regulatory obligations, internal policies and industry standards
• Distributing and collecting periodic compliance certifications and attestations including, without limitation, those required under Rule 204A-1 of the Advisers Act
• Chairing periodic meetings with senior management in which the CCO provides timely and detailed reports of any compliance issues identified, remedial actions taken and upcoming regulatory developments
• Preparing, reviewing and submitting all required regulatory filings including, without limitation, Form ADV, Form 13F, Form 13H, 13G/D Reports and U-4/U-5
• Reviewing WA's marketing and advertising materials to ensure they are compliant with the rules under the Advisers Act, rules and regulations to which WA is subject, and to industry best practices
• Serving as the primary point of contact for regulatory examinations and audits, including custody audits pursuant to Rule 206(4)-2 of the Advisers Act, coordinating responses to inquiries, providing necessary documentation, and addressing any findings or recommendations
• Serving as liaison between WA and outside counsel with respect to regulatory matters

Qualifications:

• Bachelor's Degree
• Compliance Certification from a recognized industry group such as the NSCP Certified Securities Compliance Professional designation or the NRS Investment Adviser Certified Compliance Professional
• Minimum 10+ years' experience with progressively senior roles within the compliance program of a SEC or state-registered investment adviser, preferably having served as CCO or Deputy CCO
• Advanced knowledge of the Investment Advisers Act of 1940, as amended, and the rules thereunder
• Significant knowledge of other laws and rules applicable to the investment advisory industry including, without limitation, the Securities Act of 1933, as amended, the USA PATRIOT Act, Regulation S-P, and anti-money laundering laws
• Previous participation in at least one SEC or state regulatory body examination of a registered investment adviser
• Experience with automated compliance monitoring systems such as RIA Compliance Tracking Solutions or Compliance Alpha

Salary & Benefits:

• Competitive Salary BOE
• Medical, Dental & Vision
• Basic and Supplemental Life, AD&D Insurance, Disability
• Flexible Spending Account, Health Savings Account
• Employee Assistance Program
• 401(k)