Sr. Compliance Associate (Broker-Dealer) at Betterment
You are eager to join a dynamic team to help build out the compliance function at the most innovative registered investment adviser and broker-dealer in the world. You’re familiar with the broker-dealer rules and are excited to develop your expertise in the investment advisory / broker-dealer compliance space. You have a business mind, and are always seeking new and better ways to improve practices. You are ready to roll up your sleeves and get to work in a fast paced world where you get to make a real impact!At Betterment you will get to:
- Execute on our broker-dealer compliance functions
- Work with the broker-dealer Operations and Trading teams to ensure regulatory compliance with applicable rules and regulations
- Complete the annual review of the broker-dealer’s compliance program and independent AML audit
- Manage broker-dealer core compliance obligations, including, registration processes, continuing education, annual training
- Update written supervisory procedures and draft desktop procedures for broker-dealer functions
- Assist with our regulatory and annual compliance examinations
- Monitor employee communications in accordance with the firm’s e-surveillance program
- And so much more!
- 3-5 years experience in the Financial Services industry in a compliance, operations or risk role at a limited purpose broker-dealer
- Strong strategic and creative thoughts with the ability to critically analyze and balance risks, costs, and benefits
- Detail-oriented mindset and excellent organizational skills
- Ability to learn quickly and problem solve on the fly with limited guidance
- Good intuition and ability to assess unclear situations with limited information
- Strong communication skills with the ability to interact with team members and the business empathetically
- FINRA securities licenses (SIE, Series 7, Series 24, Series 27)
- Broker-Dealer back-office experience in Operations or Finance
- Knowledge of sweep accounts and broker-dealer financial responsibility rules (Exchange Act Rules 15c3-1, 15c3-3, 17a-3, 17a-4, 17-5, and 17a-11)
- Regulatory experience at FINRA or the SEC
Betterment is the largest independent online financial advisor with more than $20 billion in assets under management. The service is designed to help increase customers’ long-term returns and lower taxes for retirement planning, building wealth, and other financial goals. Betterment takes advanced investment strategies and uses technology to deliver them to more than 480,000 customers across its three business lines: direct-to-consumer, Betterment for Advisors, and Betterment for Business. Learn more.Come join us!
We’re an equal opportunity employer and comply with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.