What are the responsibilities and job description for the Compliance Officer position at Opportunities?
Compliance Officer
San Antonio, TX | Boston, MA
About Victory Capital:
Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance.
Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn.
General Summary and Purpose:
Victory Capital Services, Inc. (“VCS”) is an introducing broker-dealer with multiple lines of business, including a self-directed brokerage platform, private funds, and other direct-to-fund and direct-to-consumer offerings. It also serves as the principal distributor of Victory Capital’s mutual funds. You will be a member of a team of legal and compliance professionals who provide centralized regulatory support and guidance to our institutional, intermediary, and direct-to-consumer channels.
You will report to the Chief Compliance Officer.
You Will:
- Maintain and enhance the broker-dealer compliance program
- Represent the broker-dealer in connection with regulatory examinations and inquiries
- Create and adopt expanded compliance procedures to support new lines of business with a focus on retail product and services offerings
- Advise various business partners on various risk and compliance matters
- Oversee training and supervision for registered representatives and non-registered transfer agent representatives
- Coordinate and conduct compliance testing, monitoring, and reporting to the BD executive officer (3120 testing and 3130 reports), BD board, and the boards of the Victory mutual funds
- Review marketing materials for a diverse suite of products including mutual funds, ETFs, private funds, advisory services and separately managed accounts
You Have:
- 5 years of experience as a compliance professional preferred (but not required)
- Broker-dealer experience preferred (but not required)
- Experience with mutual funds, ETFs and other investment products
- Knowledge of FINRA rules and regulations and experience engaging with regulators
- Experience reviewing and approving marketing materials
- Experience with development, maintenance, testing and annual reporting of a compliance program under FINRA Rules 3120/3130
- FINRA Series 7, 24 licenses (or must obtain within 90 days of hire)
- MBA, advanced risk/compliance certification (CIA, CRMA, CRCP), or Juris Doctorate preferred (but not required)
Our Benefits:
Victory Capital Management Inc. offers excellent Medical, Dental, Vision plans, Flexible PTO, Family Medical and Disability Leaves, Education Tuition Reimbursement, and a 401k plan with a generous employer match.
Target Compensation:
The target base salary range for this position in Boston is $99,000 - $116,600.
The target base salary range for this position in San Antonio is: $89,250- $105,000.
Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant’s skills and prior relevant experience, certain degrees, and certifications.
Victory Capital Management operates a pay-for-performance compensation philosophy and total compensation may vary based on role, location, department and individual performance.
Victory Capital Management’s total compensation package includes the opportunity for annual compensation bonuses and/or commissions and a generous benefits package.
We are committed to equal employment opportunity without regard to actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, height, weight, hair texture or a hairstyle historically associated with race to include braids, locks, or twists; or any other characteristic protected by applicable federal, state, or local laws and ordinances.
Salary : $89,250 - $116,600