VP, Osaic Advisors Channel Compliance

About the role

Osaic is hiring a VP of Osaic Advisors Channel Compliance to support broker-dealer and investment adviser compliance program requirements within its Empowered Independence Channel. The channel's business is primarily advisory, through Osaic's Corporate RIA firms including fee-only advisory models. The role reports to the SVP of IA Compliance and works with channel leadership and compliance partners on policy design, training, surveillance, due diligence, regulatory examination support and project management. The office schedule is hybrid, with a minimum of 4 days per week in the office.

Key responsibilities

• Support channel-specific compliance for investment adviser and broker-dealer activities, coordinating with IA Compliance and BD Compliance teams.
• Develop and evolve channel-specific policies, procedures, surveillance coordination, due diligence and oversight processes, and product and platform compliance for advisory-heavy, multi-custodial business.
• Differentiate employee RIA requirements from independent contractor policies, supervision, escalation paths and operational expectations.
• Advise executives and management on applicable laws, regulations and compliance requirements, and identify and advise on key risks.
• Drive continuous improvement through more efficient processes, automation of compliance functions and technology solutions.
• Assist with the management of regulatory and audit examinations and provide regulatory and risk thought leadership on organizational committees.

Required profile

• Successful RIA compliance track record with meaningful broker-dealer compliance exposure.
• Experience supporting advisory business across a multi-custodial platform and in the employee-advisor RIA model.
• Broad experience with the regulation of investment advisers and familiarity with FINRA requirements.
• Proven ability to design channel-specific compliance controls, escalation paths, operating procedures and oversight routines.
• Ability to develop program-level metrics and executive reporting.
• Minimum of a bachelor's degree; advanced degree or certifications a plus.
• Series 65/66 license required or applicable professional designation for IAR registration.

Required skills

• Thorough knowledge of the retail investment advisory business and investment securities products.
• Experience with advisory business across multiple custodians, including Schwab, Fidelity IWS, NFS and Pershing.
• Sophisticated understanding of SEC rules, including fee-only advisory controls, and practical understanding of FINRA rules and broker-dealer supervisory obligations.
• Advanced understanding of ERISA as it applies to advisory businesses.

What we offer

• Salary of $170,000 - $200,000 per year plus an annual bonus, depending on location, skills, licensure, experience and education.
• Health, vision and dental insurance, 401k, paid time away and volunteer days.