Associate, Compliance (Advertising & Marketing)

About the Role

Review retail and institutional communications, disclosures, notices, reports, forms, and correspondence for compliance with firm and industry rules. Rules and principals-based reviews of advertisements and correspondence from FINRA and SEC perspective.  Respond to internal and external inquiries regarding regulatory requirements. 

Key Responsibilities

• Serve as an internal expert resource on industry regulations and guidelines regarding advertising materials.
• Develops and maintains guidelines, manuals and processes for the review of advertising.
• Review and approve sales and advertising literature for registered products, SMA’s.
• Develop and implement effective methods and best practices for reviewing marketing communications.
• Collaborate with the Marketing team and control functions to evaluate current processes, identify areas for improvement, and implement solutions.
• Effectively track advertising and sales literature using applicable methods and tools per industry/company record retention requirements.
• Participates in applicable projects to make significant structural changes to the advertising compliance review process.
• Assist in researching and responding to comments and/or inquiries received from FINRA.
• Remain current and anticipate changes in the regulatory environment and/or reputational risks to the firm that may affect the firm’s review standards and marketing communications.
• Serve as primary contact for advertising compliance issues with the Firm’s FINRA analyst.
• Assist with special projects, as requested.

Qualifications

Education & Experience:

• Bachelor’s Degree required.
• FINRA 7 and 24 licenses required. Must already have licenses.
• 4+ experience in asset management industry and understanding of securities laws.
• 2+ experience in the review of marketing material

Knowledge:

• Must have experience reviewing and approving marketing materials for registered products including mutual funds and ETFs. Experience with reviewing SMAs is a plus.
• Knowledge of Investment Company Act of 1940, Investment Advisers Act of 1940 and FINRA Rules and Regulations.
• Knowledge of regulatory environment and some level of specific regulatory requirements for the Financial Services industry.
• Fundamental investment concepts, practices and procedures used in the securities industry. 
• Knowledge of financial markets and products.
• Familiarity with Red Oak Advertising Review and Recordkeeping System or a similar vendor preferred.

Skills and Abilities:

• Ability to handle multiple responsibilities across multiple entities and work independently.
• Ability to interact professionally and effectively with internal and external contacts using tact, discretion and good judgment.
• Ability to manage high volumes of work under tight deadlines while maintaining accuracy and minimizing risk.
• Excellent analytical and research skills.
• Ability to work in team-oriented environment.
• Excellent written and verbal communication skills.
• Ability to prioritize and organize workload, multi-task and adapt quickly to change, and deliver under the pressure of deadlines.
• Ability to provide and receive constructive criticism and manage expectations.