Chief Compliance Officer

Chief Compliance Officer Overview

• The Chief Compliance Officer (CCO) ensures broker-dealer compliance with SEC, FINRA, and state regulations.
• Collaborates with the affiliated registered investment advisor’s compliance team to align regulatory practices.
• Evaluates business risks and designs compliance programs to meet organizational goals and objectives.
• Maintains legal and regulatory compliance at the highest standards across all broker-dealer activities.
• Provides strategic leadership and guidance on compliance matters to senior management and legal teams.
• Develops and implements policies and procedures for client onboarding, AML, KYC, and insider disclosures.
• Ensures compliance with securities transaction reviews and oversees trade-related compliance activities.
• Leads risk assessment reviews, internal audits, and automated surveillance programs to uphold industry standards.

Chief Compliance Officer Key Responsibilities & Duties

• Design and implement the broker-dealer compliance program, ensuring adherence to regulatory requirements.
• Educate and train firm personnel on compliance policies and procedures.
• Perform compliance reviews, including securities transaction assessments and trade-related activities.
• Develop and maintain policies for AML, KYC, and customer identification procedures.
• Respond to regulatory inquiries, examinations, and audits with professionalism and accuracy.
• Collaborate with legal and regulatory teams to manage changes to compliance requirements.
• Provide compliance approvals for new accounts and oversee customer onboarding processes.
• Partner with management and legal counsel on litigation, arbitration, and regulatory matters.

Chief Compliance Officer Job Requirements

• Bachelor’s Degree required; J.D. preferred for advanced compliance expertise.
• Current Series 7 and 24 qualifications required; Series 53 desired within 12-14 months.
• Minimum of 7 years of securities compliance experience; 15 years preferred.
• Strong knowledge of FINRA, SEC, and state securities regulations.
• Excellent communication skills for drafting professional correspondence and policies.
• Proven ability to manage competing priorities and resolve complex compliance issues.
• Results-oriented with a commitment to ethical and professional standards.
• Experience in institutional, retail, fixed-income, and options trading compliance.