Equitable Advisors Deputy Chief Compliance Officer at Equitable

Charlotte, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Feb, 26

Salary

300000.0

Posted On

08 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance, Investment Advisory, Broker/Dealer Operations, Risk Assessment, Regulatory Reporting, Effective Communication, Attention to Detail, Interpersonal Skills, Project Management, Policy Development, Regulatory Environment, Team Collaboration, Problem Solving, Training Programs, Surveillance Oversight, Management Experience

Industry

Financial Services

Description

At Equitable, our power is in our people. We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential? The Equitable Law Department’s Mission is to Serve as Equitable's trusted counsel empowering Equitable to pursue its noble purpose by upholding the highest standards, forging collaborative relationships and delivering creative solutions. At Equitable we have reimagined how we want to work and are guided by principles of inclusivity, flexibility, and connection. Come join Equitable's Compliance Team and enjoy working for a leading financial company with an amazing and diverse culture! We offer a flexible hybrid office/remote work environment, and this position is based in our Charlotte, NC or New York City office. Equitable is currently looking to hire a Deputy Chief Compliance Officer (DCCO) for Equitable Advisors within the National Compliance Office (NCO), which is a part of Equitable’s Legal and Compliance organization. This role will be largely focused on the dynamic investment advisory business of Equitable Advisors, the focus of the firm’s growth strategy. Equitable Advisors is a broker/dealer and registered investment advisor that serves as the main retail wealth management arm of Equitable. With over $100 billion in assets under management and 4,550 advisors, Equitable Advisors is in the top ten of independent broker dealers and is Equitable’s fastest growing business segment. Reporting to Equitable’s Advisors Chief Compliance Officer, the Equitable Advisors DCCO will be responsible for assisting in the development and oversight of Equitable Advisors’ SEC and FINRA a compliance programs related to its investment advisory and broker/dealer operations. Reporting to the CCO are the Firm’s 3120 audit teams, Surveillance oversight, regulatory reporting, regulatory examinations, and training programs. The DCCO must have a deep understanding of the investment advisory business and the retail financial services business more broadly. This team member must possess the ability to communicate effectively, develop and foster a collaborative relationship with the retail organization and field, oversee complex projects, perform risk-based prioritization of tasks, and pay attention to detail. The DCCO will help oversee and maintain a program that is not only able to respond to business needs and regulatory developments but to also proactively identify trends and adapt its approach accordingly. As one of the lead contacts for Equitable Advisors’ senior management on all compliance matters, the DCCO must have the ability to synthesize issues, analyze risks, communicate clearly and properly escalate matters in a solutions-oriented matter. If you are ready for this exciting challenge, don’t hesitate and apply today! As a key member of the team your responsibilities would include: Maintain ongoing knowledge of regulation and industry best practices. Maintain and develop policies and procedures, internal controls, and supervisory procedures, continually assessing whether the firm’s policies and procedures are adequate and commensurate with the changing nature of regulation and the Firm’s business model. Manage business risks through the development, planning and execution of the Compliance Program, having direct interaction with the executive team and financial professionals. Conduct risk assessments of the Firm’s compliance exposures, assigning a risk level to areas identified as a conflict and identify key controls to mitigate those conflicts. Serve as a resource for compliance counsel and field management regarding compliance issues. Provide close oversight over regulatory inquiries and examinations. Conduct quarterly compliance oversight meetings with complex and executive management. Help prepare the 3120/3130 report to the Chairman of Equitable Advisors and the Board. Additional responsibilities as assigned. In Office Schedule: This team member will be working in office 2 to 3 days per week. The total targeted compensation range for this position is $260,000 - $300,000. Total compensation varies based on skills, experience, geographical location and other factors. For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below. Equitable Pay and Benefits: Equitable Total Rewards Program Required Qualifications: Bachelor’s Degree FINRA Series 7 and 24 10+ years compliance experience in the financial services industry Substantive management experience Experience in dealing with sophisticated investment advisory and securities brokerage compliance issues and substantive product knowledge in these areas Full understanding of the requirements of the FINRA Rules, Investment Advisers Act of 1940 along with related regulatory guidance, and other aspects of the regulatory regime for SEC-investment advisers, as well as knowledge of federal and state securities laws and regulations more broadly Preferred Qualifications: Demonstrated interpersonal skills and ability to establish and maintain effective working relationships with others Ability to both “think on your feet” and think creatively Professional, energetic, team-player with outgoing personality and positive attitude and outlook Ability to work independently and meet deadlines while handling multiple tasks with minimal supervision Skills Accuracy and Attention to Detail: Understand the necessity and value of accuracy; ability to complete tasks with high-level of precision. Effective Communication: Understand effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation. Regulatory Environment - Financial Services: Knowledge of regulatory environment; ability to help an organization comply with regulations at the federal, state and local level and follow the organization-specific policies and guidelines, affecting business practices. Risk & Control Self Assessment (RCSA): Knowledge of risk and control self assessment (RCSA); ability to assess, clarify, and appraise significant risks inherent in investment activities as well as to ensure that internal controls, policies, and procedures are accurate and adequate. ABOUT EQUITABLE At Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives. We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities. We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork. We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose. ********** Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws. NOTE: Equitable participates in the E-Verify program. If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.

Responsibilities

The Deputy Chief Compliance Officer will assist in the development and oversight of compliance programs related to investment advisory and broker/dealer operations. They will also manage business risks and conduct risk assessments while serving as a resource for compliance counsel and field management.