Job Description:
Harbor Financial Services is seeking a professional for the position of Vice President of Compliance. This leadership role reports to the Chief Compliance Officer and works closely with the Chief Operating Officer of the broker-dealer and SEC registered RIA. The compliance department is charged with ensuring regulatory compliance across all firm operations in 17 states and the identification of business risks to the firm or its clients.
Job Duties:
- Develop content, implementation, and delivery of compliance training for back office employees and RR/IARs
- Create and implement a staff & representative on-boarding and orientation program
- Develop and implement new product training program
- Identify emerging risk areas and recommend ad hoc testing as necessary
- Recommend and assist in drafting and implementing new policies and procedures
- Management of regulatory inquiries and audits
- Advise and oversee development of corrective actions as needed with OSJ principals for issues identified in audits or forensic testing. Ensure monitoring and escalation process is in place
- Assist in annual compliance review
- Lead initial and on-going due diligence reviews for product companies (including product level review). This includes: on-site visits, questionnaire management, and direct interviews with firms and investment teams to gain insight and to build conviction in the strength and consistency of the investment philosophy, processes, and people managing the strategies. In addition, conducting performance attribution, reviewing prospectus and annual reports, research and performance reports and ongoing monitoring
- Develop firm’s sales literature standards and fact sheets for new products
- Operate as an OSJ principal
- Perform various compliance/surveillance tasks
- Responsible for internal branch audit program
- Travel required
Skills/Qualifications:
- BA/BS degree in a related business field; a JD, CFA, or MBA is beneficial but not required
- 5+ years experience in securities compliance
- Strong knowledge of securities regulations regarding broker-dealers and SEC registered Investment Advisers
- Strong risk assessment, analytical, decision making, interpersonal, presentation, and written/verbal communication skills
- Ability to articulate complex regulatory rules/guidance into written policies and procedures
- Ability to think critically and be responsive to time sensitive needs of businesses & senior management requiring compliance guidance
- Experience in developing, executing, and leading regulatory reviews
- Experience interacting with regulators, experience with FINRA and SEC audits are a plus
- Team player with experience managing a team
- Proficient in MS Word, Excel, and PPT
- Series 7, 24 (9 & 10), 63/66, and 65/66 licenses required (Series 4, 53, and 79 a plus)
- Perfect compliance record
- Ability to multi-task
Company Description:
Harbor Financial Services is a securities broker dealer and registered investment advisor. The firm has branches in 17 states. For more information on Harbor, please visit www.harborfs.com.
