What are the responsibilities and job description for the Compliance Associate position at Moran Wealth Management®?
About Us:
Moran Wealth Management, LLC is a Registered Investment Advisory firm delivering comprehensive, bespoke solutions designed to meet the unique wealth management needs of clients. We take pride in our ability to foster long-term relationships built on trust, transparency, and a commitment to financial excellence. As we expand our team, we are looking for a Compliance Associate to help drive our vision forward.
Job Summary:
As a Compliance Associate, you will play a crucial role in supporting the Chief Compliance Officer and the broader Compliance team in maintaining and enhancing Moran Wealth Management’s regulatory compliance program.
This position provides hands-on experience across core functions of an SEC-registered investment adviser’s operations, including vendor due diligence, anti–money laundering (AML) review, marketing and communications oversight, and Smarsh supervision. It’s an excellent opportunity for an organized, analytical professional seeking to build a long-term career in investment compliance, regulatory operations, and fiduciary oversight.
Primary Responsibilities:
Regulatory Compliance & Monitoring
- Assist in implementing and maintaining the firm’s Compliance Policies and Procedures Manual under the Investment Advisers Act of 1940.
- Conduct routine testing and surveillance of key compliance areas such as trading, employee personal transactions, and communications monitoring.
- Perform AML reviews and money movements, ensuring adherence to the firm’s Customer Identification Program (CIP), screening sanctions, and suspicious activity reporting procedures.
- Help document findings and maintain supporting evidence for annual reviews under Rule 206(4)-7.
Vendor Due Diligence & Risk Oversight
- Support the vendor management program, including due diligence on third-party providers (custodians, technology vendors, data providers, etc.).
- Collect and review SOC reports, cybersecurity questionnaires, and insurance certificates.
- Track vendor renewal dates, documentation, and risk ratings within the compliance system.
Smarsh Review & Communications Supervision
- Conduct daily Smarsh reviews of employee emails, social media, and electronic communications to ensure compliance with the firm’s Code of Ethics and Marketing Policy.
- Identify and escalate potential compliance concerns or unapproved communications to senior compliance staff in accordance with established procedures.
- Maintain logs of reviewed correspondence and document resolution notes in accordance with Rule 204-2 recordkeeping requirements.
Marketing & Advertising Review
- Assist in the review and archiving of marketing materials, client presentations, and web or social media content for compliance with the SEC Marketing Rule (Rule 206(4)-1).
- Confirm inclusion of required disclosures and consistent presentation of data and statements.
- Support periodic reviews of the firm's website and digital content to ensure compliance.
Training, Documentation & Filing
- Help maintain the firm’s compliance calendar and track regulatory deadlines, certifications, and attestation.
- Assist in preparing compliance training materials for staff on topics such as privacy, AML, cybersecurity, and Code of Ethics.
- Support data collection and document retention for regulatory examinations, internal audits, and annual compliance reviews.
Qualifications:
Education
- Bachelor’s degree required (Finance, Business, Accounting, Economics, or related field preferred).
Experience
- 3-5 years of experience in compliance, operations, or risk management within a Registered Investment Adviser, broker-dealer, or financial institution.
- Internship or prior coursework related to financial regulation, auditing, AML, or investment management is preferred.
Skills & Attributes
- Demonstrates strong attention to detail and accuracy in recordkeeping.
- Excellent written and verbal communication skills.
- Ability to learn and apply regulatory concepts (SEC, AML, Reg S-P).
- Proficiency in Microsoft Office applications; experience with Smarsh, Advisor Engine CRM, Black Diamond, or COMPLY is a plus.
- Demonstrates a professional, discreet, and proactive approach to problem-solving.
- Working knowledge of SEC rules under the Investment Advisers Act.
- Interest in pursuing the Investment Adviser Certified Compliance Professional (IACCP®) designation.
Compensation Package:
- Competitive salary based on experience and qualifications
- Comprehensive health, dental, and vision insurance
- Life and disability insurance
- Retirement savings plan with employer contributions
- Generous paid time off (PTO) package and holiday leave
- Paid parental leave
- Professional development opportunities and training programs
- Educational reimbursement plan
- Employee wellness and appreciation programs
Moran Wealth Management ® is an Equal Opportunity Employer. All qualified candidates will receive consideration for employment.