The posting
Overview
This is a remote role that may be hired in several markets across the US. With preferred locations in New York, NY, San Francisco, CA or Charlotte, NC where the role would be hybrid coming in the office 3 days a week.
The Senior Compliance Officer plays a critical role in supporting and advancing the firm's commercial broker-dealer and investment adviser compliance programs. This position provides compliance leadership across risk assessments, policies and procedures, controls and monitoring, testing, audits, and strategic compliance initiatives. The role serves as a trusted advisor to business leaders, helping the organization navigate complex regulatory requirements while supporting growth, innovation, and new business initiatives.
The successful candidate will bring strong expertise in investment banking compliance, private investment compliance, and/or commercial broker-dealer and investment adviser compliance programs. This individual must possess exceptional analytical and problem-solving capabilities, sound judgment, and the ability to deliver practical, risk-based compliance guidance in a fast-paced and evolving environment.
Responsibilities & Qualifications
Duties & Responsibilities:
Compliance Advisory and Business Partnership
- Serve as the primary compliance advisor for private investments, private placement engagements, capital raising activities, and related strategic initiatives.
- Partner closely with business leaders and key stakeholders to support strategic growth opportunities while ensuring activities remain aligned with regulatory obligations and firm standards.
- Deliver timely, practical, and risk-based compliance guidance that enables informed business decisions and effective resolution of complex compliance matters.
- Act as a trusted advisor by balancing regulatory expectations with business objectives and operational realities.
Regulatory Risk Management and Transaction Oversight
- Identify, assess, and escalate conflicts of interest, confidentiality concerns, nonpublic information risks, and other transaction-related compliance issues to the Chief Compliance Officer as appropriate.
- Review pitchbooks, teasers, management presentations, and other transaction or marketing materials to ensure compliance with applicable regulations and firm policies.
- Provide compliance oversight of portfolio management activities to help ensure consistency with client mandates, disclosed objectives, contractual requirements, and regulatory obligations.
- Oversee compliance reviews involving best execution, trade allocation and aggregation practices, and conflict-of-interest management.
Compliance Program Leadership and Enhancement
- Maintain and strengthen compliance program policies, procedures, Written Supervisory Procedures, and Codes of Ethics.
- Evaluate regulatory developments and implement appropriate program enhancements.
- Assess existing compliance frameworks, identify gaps, and implement scalable control solutions.
- Lead corrective action initiatives designed to address complex compliance issues and strengthen program effectiveness.
Monitoring, Testing, and Regulatory Examinations
- Participate in compliance risk assessments and lead monitoring, surveillance, and testing activities.
- Lead internal compliance testing and audit activities.
- Support the CCO in regulatory examinations, inquiries, investigations, and other complex regulatory matters.
Strategic Initiatives
- Contribute to new product and service initiatives and other strategic programs that support organizational growth.
- Participate in special projects and perform additional responsibilities as assigned.
Basic Qualifications: Minimum Required Education and Experience: Bachelor's Degree and 8 years' experience OR High School Diploma or GED/Equivalent and 12 years' experience in Compliance, Legal, Audit, Banking or other related experience.
Required Qualifications:
- Strong working knowledge of the Investment Advisers Act of 1940, SEC Marketing Rule, FINRA rules, and related regulatory guidance.
- Experience providing compliance advisory support to an asset manager engaged in private investments.
- Excellent written and verbal communication skills.
- Strong analytical, organizational, and problem-solving skills.
- Demonstrated ability to exercise sound judgment and provide risk-based recommendations.
- Proven ability to manage multiple priorities and deadlines.
- Ability to work independently and collaboratively with cross-functional teams.
- FINRA Series 7 & 24 licenses.
Preferred Qualifications:
- Experience with electronic communication surveillance systems and trade surveillance systems.
- Ability to mentor and lead large cross functional projects.
Additional Information
Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
This job posting is expected to remain active for 7 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.
The base pay for this position is generally between $150,000 to $175,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
