Manager, Compliance

Overview:

If you’re looking for a high-energy, inclusive atmosphere and a company that understands the importance of work/life balance, Commonwealth is your match! From generous bonus and 401(k) programs to tuition reimbursement and flexible work schedules, Commonwealth is focused on helping its employees thrive in an environment suited to their needs. On top of all that, the Compliance department offers a hybrid work schedule, so you’ll be able to work from home for part of the week!

We’re looking for a manager, compliance to join our ranks in greater Cincinnati, Ohio! The Manager of Compliance will provide leadership and support to our Compliance Consulting, Advertising and Licensing teams located in our Cincinnati, Ohio office, helping to develop and support a collaborative compliance team providing indispensable service to our affiliated advisors. As a dually registered broker-dealer and investment advisory firm that supports both dually registered and fee-only advisors, the Manager of Compliance must be able to distinguish, accurately articulate, and consistently apply relevant broker-dealer or investment adviser rules and regulations to each of our affiliated advisors based on their unique affiliation model with Commonwealth.

Key Responsibilities 

• Providing trusted and thoughtful guidance and support to Compliance team members, our advisors and affiliates about applicable firm policies, rules, and regulations
• Assisting in the creation, modification, implementation, and enforcement of the firm’s various compliance policies, procedures, and controls
• Helping to set performance expectations and supporting professional development through coaching, training, and timely feedback
• Overseeing workflows to ensure department objectives and key results are achieved
• Helping to ensure consistency, accuracy, timeliness and efficiency
• Researching and resolving issues in a timely and professional manner
• Aligning team objectivities and priorities with those of the department and firm
• Providing ongoing guidance, support, and direction to other business units about compliance matters
• Ensuring that our firm’s broker-dealer and investment adviser activities remain in compliance with applicable SEC, FINRA and state rules and regulations, including the requirements of the Investment Advisers Act, Securities Exchange Act, FINRA and state rules, as applicable
• Understanding and accurately communicating and applying the differences between firm policies and applicable rules and regulations
• Exercising reasonable judgment, common sense and creative thinking while operating within the confines of applicable rules and regulations and firm policies
• Cultivating an effective communication and education strategy that clearly and concisely creates great experiences for our team and our advisor community
• Working closely with compliance subject-matter experts and internal stakeholders to support and deliver an indispensable service experience for our advisors
• Creating, supporting and fostering Commonwealth’s unique culture of quality and community

 Core Strengths and Skills

• Bachelor’s degree required
• FINRA Series 7, 24, 66 (or 63 and 65) licenses required
• 5+ years broker-dealer and investment adviser compliance experience
• Previous supervisory or management experience required
• Ability to solve complex problems, assess risk, and offer solutions based on applicable rules and regulations, firm policies, and regulatory interpretive guidance
• Exceptional ability to provide indispensable service through solution-oriented, timely and accurate decision-making
• Adept at working with shifting priorities, demands, and timelines
• Excellent listening, writing, relationship building, coaching, and communication skills

Have we piqued your curiosity? Can you see yourself thriving in this opportunity? 

Picture Yourself Here 

At Commonwealth, we believe in a better world. We hold ourselves and each other to higher standards. We take care of one another. That’s why we invest in you—we encourage employee growth both in your career and education; we are building out a robust diversity, equity, and inclusion program; we offer incredible health care benefits; and we find plenty of occasions to celebrate. What’s not to love? 

We are always striving to be better, and we are looking for employees who share that same mindset. Better people, better coworkers, better leaders, better creators. Bring your best work and your full self to the table, and we will do the same. Together, we can build a better future for our advisors, their clients, our company, and you. 

About Commonwealth 

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides a suite of business solutions that empowers more than 2,000 independent financial advisors nationwide.

Privately held since 1979, the firm has headquarters in Waltham, Massachusetts; San Diego, California and a new office opening soon in greater Cincinnati, Ohio. 

Turning our advisors into raving fans starts by doing the same for our employees. We foster an environment of excellence, growth, rewards, and fun in equal measure, which has earned us 44 Best Place to Work awards.   

The Fine Print 

We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth will never ask potential hiring candidates to pay or transfer funds as a precondition of interviews or employment, nor will we authorize recruiters or agents to do so on our behalf.  

Commonwealth is an equal opportunity employer, making intentional efforts to source talent from all backgrounds.