Osaic Careers
Compliance Opportunity in Financial Services
IA Compliance Policies, Procedures and Testing Manager
Location(s):
Atlanta: 2300 Windy Ridge Pkwy SE, Suite750, Atlanta, GA 30339
La Vista:12325 Port Grace Blvd, La Vista, NE 68128
Oakdale: 7755 3rd St. N, Oakdale, MN 55128
Scottsdale: 18700 N Hayden Rd, Suite 255, Scottsdale, AZ 85255
St. Petersburg: 877 Executive Center Dr. W, Suite 300, St. Petersburg, FL 33702
Osaic is not considering remote candidates at this time.
Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants should be located at one of our hubs listed above and must be willing to work this schedule.
Role Type: Full-time
Salary: $125,000 – $135,000 per year + annual bonus
Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, licensure, experience, and education.
Our competitive compensation is just one component of Osaic’s total compensation package. Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Creative/Benefits.
Summary:
IA Compliance Policies, Procedures and Testing Manager will be responsible for oversight and execution of the Firm’s RIA Compliance Program which includes but is not limited to ongoing administration, new policy formulation, risk assessment, testing and regulatory filings.
Education Requirements:
- Bachelor’s Degree from accredited university in Business, Accounting, Finance or related discipline. High school diploma (or equivalent) in combination with significant experience will be considered in lieu of degree. Minimum of high school diploma or equivalent is required and High School Diploma or equivalent (GED) is required.
Responsibilities:
- Monitor compliance with laws, rules and regulations
- Develop & manage AG’s RIA Compliance Program
- Coordinate and oversee the development, implementation and enforcement of policies, procedures and programs to minimize risk
- Prepare for and respond to regulatory inquiries, examinations, internal and external audits
- Represent RIA Compliance Department in cross functional Firm initiatives and committees
- Provide investment advisory compliance support to RIA subsidiaries of Osaic
- Research and resolve issues, provide recommendations, and escalate to senior management as needed
- Design, implement, and maintain a risk-based compliance testing program in accordance with Rule 206(4)-7 of the Investment Advisers Act of 1940.
- Develop and execute annual and periodic testing plans to evaluate the effectiveness of RIA compliance policies, procedures, and associated internal controls.
- Perform and oversee documented testing of key advisory risk areas, including but not limited to conflicts of interest, disclosures, best execution, trading practices, marketing/advertising, custody, cybersecurity, privacy, and personal trading.
- Evaluate testing results, identify control gaps or weaknesses, and ensure timely remediation, follow-up testing, and issue tracking.
- Prepare formal written testing reports, summaries, and workpapers supporting conclusions and management recommendations.
- Coordinate testing efforts with internal stakeholders (Legal, Supervision, Operations, Technology, Risk, and Internal Audit) to ensure comprehensive coverage and consistency.
- All other duties as assigned
Basic Requirements:
- Five+ years of relevant work experience with a financial institution such as a broker/dealer, registered investment adviser, regulatory agency, or other financial institution.
- Significant prior experience with the Investment Advisers Act of 1940, Investment Company Act of 1940 and Securities Act of 1933
- FINRA Series 66 (or 65) is required
- Significant prior experience with regulatory filings, conducting risk assessments and 206(4)-7 testing drafting policies and procedures
- Strong ability to build consensus among managers and employees across departments
- Excellent project and time management skills with the ability to handle multiple priorities, meet deadlines and develop process efficiencies where required
- Strong written and verbal communication, including the ability to communicate both up and down the management chain and to adapt your style depending on the audience and subject matter
- Proven management and human relation skills
Preferred Requirements:
- FINRA Series 7 and Series 24 are preferred.
