Head of Compliance and Legal - Broker Dealer/Securities

Responsibilities:

• Maintain in-depth knowledge of the Firm’s business and activities to ensure adequate legal and compliance oversight as the business needs evolve over time; advise senior management and the business units on emerging legal and compliance issues.
• Collaborative work with senior management, registered representatives, and other key constituencies to train, promote and enhance a culture that encourages ethical conduct and a commitment to compliance with applicable laws and regulations
• Help lead efforts related to supervisory oversight, training, e-mail surveillance, branch office exams, FINRA licensing and registrations, anti-money laundering supervision, and advertising
• Monitor the effectiveness of established compliance processes and controls across all business lines and recommend and implement enhancements; work in conjunction with department managers to update the Firm’s Written Supervisory Procedures (WSPs) based on new rules and regulations and/or process enhancements and promptly and clearly communicate such changes to affected business units in order to minimize bureaucracy and process burden
• Provide advice on FINRA and SEC rules, regulations and interpretive guidance, as well as applicable internal policies and procedures
• Assist with managing regulatory exams, investigations and inquiries conducted by FINRA, SEC and state regulators coordinating with regulators, auditors, compliance personnel and each business unit management
• Assist with the supervision of sales related activities such as filings, RFPs, and certifications or email surveillance
• Review and approve political contribution requests, outside business activities, annual compliance certifications, personal trading, and quarterly MSRB G-37 filing
• Review marketing and advertising for compliance with FINRA rules
• Conduct compliance training, ensuring courses are compatible with regulations
• Actively manage departmental report(s) and external compliance vendor
• Provide advice on compliance and legal implications of the firm’s entry to new markets, products and development of new strategies
• Draft, review and advise on commercial contracts including NDAs, engagement letters, stock repurchase agreements, vendor contracts, and consulting agreements
• Review existing agreements and advise on potential risks and suggest strategies to mitigate risks
• Manage relationships with outside counsel—including IP, tax, and corporate structure experts—in an efficient and cost-effective manner
• Demonstrate ability to review and analyze complex situations and apply judgment to resolve issues in a timely and effective manner with minimal supervision
• Continually assess the inherent risk of the Firm’s business units as well as the effectiveness of mitigating controls to minimize the residual risk of reputational damage, regulatory consequences and other operational risk
• Integrate industry benchmarking and best practices through ongoing research, education, and industry affiliations

Requirements:

• Juris Doctor (JD)
• 10+ years’ Broker Dealer/Securities Compliance with knowledge FINRA, SEC, MSRB and State Regulations
• Series 14 FINRA License and others such as 7, 63, 9/10, 24
• Experience with both investment banking and sales & trading lines of business, capital markets knowledge required
• Experience coordinating broker-dealer regulatory exams and responses
• Bachelor degree

The Head of Compliance and Legal role requires 3 days per week in the downtown Manhattan office, so please only apply if you are able to travel to this location, have relevant experience for the role and are eligible to work in the United States. The salary is flexible dependent on experience, the range is $275-300k base plus 40-50% target bonus. If your profile matches the above criteria, please email me Trishan.Khareghat@roberthalf.com