What are the responsibilities and job description for the Compliance Associate position at OnePoint BFG Wealth Partners?
Job Title: Compliance Associate
About Us:
OnePoint BFG Wealth Partners is a leading independent Registered Investment Advisor firm dedicated to providing top-tier financial advice and investment strategies. Our commitment to our clients is matched only by our dedication to our team members. We are seeking a dynamic Compliance Associate to join our Chief Compliance Officer and team to support our growing initiatives.
Job Brief:
The Compliance Associate is responsible for supporting the firm’s compliance program by ensuring adherence to regulatory requirements and internal policies. This role involves monitoring financial activities, conducting audits, preparing reports, and assisting in the implementation of compliance policies and procedures. The Compliance Associate will work closely with advisors and corporate staff to mitigate risks and maintain regulatory compliance.
Responsibilities:
- Draft policies and regulatory documents
- Work with the CCO for Annual ADV Update including, providing data
- Help with the day-to-day supervision of the RIA
- Perform testing of policies and procedures
- Review Email/Text
- CRD and Registrations
- Perform 13F review and analysis
- Review and Approve Marketing and Advertising including websites, social media
- Draft ADV 2Bs
- Annual State Renewals Process
- Review and approve OBAs, Political Contributions, Personal Securities Transactions, Gifts, Employee accounts at other firms, front running,
- Responsible for the ADV Mailing
- Monitor and review the Annual Client Reviews
- Monitor accounts with Missing suitability information
- Responsible for maintaining Books and Records for the department
- Bleakley Employee Tracking/Org Charts – Update/Manage key data for employees. Tracking titles, registration status, designations, etc.
- System Management of Orion Compliance
- Adding and Removing Users; Initial Profile Setup
- Initial Onboarding Attestations.
- Creation and maintenance of all attestations, questionnaires, and forms.
- UMA Site - Provide updated ADV and other material to Marketing Coordinator to update via website.
Knowledge and Skills
- Understanding financial regulations and compliance best practices.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to manage multiple tasks.
- Strong written and verbal communication skills.
- Proficiency in Microsoft Office and compliance management software (preferred).
Education and Experience
- Education: Bachelor’s degree preferred
- Series 65 or Series 66 preferred
- Experience: 3-5 years of experience in compliance, financial services, retail banking
- Certifications such as Certified Regulatory Compliance Manager (CRCM) or similar industry credentials preferred
- Experience working in a highly regulated financial environment preferred
- Familiarity with compliance monitoring tools and data analysis preferred
Right to Revise:
This job description is not meant to be all-inclusive, and the Company reserves the right to revise this job description as necessary without advance notice.
The statements herein are intended to describe the general nature and level of work being performed by the employee. They are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the employer without notice.
Why Join Us:
- Opportunity to play a key role in the growth and success of a leading RIA firm.
- Collaborative and supportive team environment.
- Competitive salary and benefits package.
- Continuous professional development opportunities.
- High end office located in Parsippany NJ with gym on-site.
- Culture activities focused on health & wellness, team collaboration, and employee engagement.