The Vice President will lead the design, implementation, and oversight of the financial advisory compliance framework across the organization. This role ensures that financial advisors operate within regulatory standards while delivering ethical and client-centric services. The position works closely with senior stakeholders, regulatory authorities, and cross-functional teams to manage risk, enhance advisor performance, and strengthen the compliance culture.
Key Responsibilities:
Strategic Leadership
- Define and execute the strategic vision for the financial advisory framework, ensuring alignment with regulatory requirements and business objectives.
- Drive compliance initiatives that meet fiduciary responsibilities and reflect industry best practices.
- Shape policies, tools, and strategies to enable advisors to deliver compliant client experiences.
Regulatory Compliance Management
- Ensure adherence to financial advisory regulations (e.g., SEC, FINRA, or regional equivalents) and internal governance standards.
- Monitor regulatory changes and update advisory frameworks and processes in a timely manner.
- Manage audits, examinations, and inquiries with regulatory authorities.
Risk Management
- Identify, assess, and mitigate risks associated with advisory activities and client interactions.
- Implement controls to ensure transparency, proper disclosures, and conflict-of-interest management.
- Uphold fiduciary standards and ethical practices throughout advisory operations.
Advisor Training and Development
- Lead initiatives to train financial advisors on compliance policies, ethical standards, and regulatory updates.
- Provide tools and resources to enhance advisor performance while maintaining compliance.
- Promote a culture of accountability, professionalism, and continuous improvement.
Monitoring and Reporting
- Oversee compliance monitoring programs to track advisor activities and proactively identify trends and risks.
- Prepare detailed compliance and risk reports for senior leadership, highlighting key metrics, issues, and recommendations.
- Advise the executive team on strategic implications of compliance matters.
Stakeholder Engagement
- Partner with Legal, Risk, Operations, and Product teams to ensure a consistent approach to advisory compliance.
- Represent the organization in industry forums and advocacy groups to influence regulatory policies.
