Chief Compliance Officer

Osaic; City of Niagara Falls (NY); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401k

Paid time away

Volunteer days

Job summary

The Chief Compliance Officer (CCO) of Ladenburg Thalmann & Co. Inc., a 150-year-old investment bank, will establish and maintain policies, procedures, and controls to ensure compliance with securities laws and firm standards.

They will own WSP maintenance, oversee internal controls, provide advisory support on product, advertising, conduct matters, and collaborate with leadership to implement a robust regulatory framework across divisions and regulators including the SEC, FINRA, and MSRB.

Qualifications

• Bachelor's degree or higher required; high school diploma with significant relevant experience possible.
• 15+ years in financial services, with compliance/risk management, legal, or leadership experience.
• Strong leadership in Investment Banking, Institutional Sales, Equity Research compliance including supervision, conduct, communications, and branch/field models.
• Working knowledge of trading/operations controls (order handling, best execution, records).
• Proven success with SEC/FINRA examination responses and remediation programs.
• Experience in advertising/communications review (digital and social media).
• Experience with supervision models and FINRA expectations for supervisory testing.
• Broad knowledge of laws/regulations, designing and overseeing compliance programs.
• Working knowledge of FINRA Gateway.
• Excellent communication and cross-functional collaboration skills with senior leadership.
• Ability to interact with regulators; detail-oriented with strong risk analysis.
• FINRA Series 7 and 24 required; Series 4 and 53 preferred.

Responsibilities

• Develop and maintain a robust compliance program focusing on laws, regulations, and guidance.
• Identify and mitigate compliance risks; maintain strong regulator relationships.
• Develop internal controls to sustain an effective compliance environment.
• Perform periodic risk assessments to identify gaps and exposures.
• Partner with business units to remediate findings from examinations and audits.
• Establish standards and procedures to mitigate risks and ensure firm-wide consistency.
• Continue improving compliance function and oversight across business lines.
• Provide periodic reports to senior leadership as needed.
• Anticipate regulatory changes and lead implementation across the firm.
• Perform other duties as assigned.

Skills

Regulatory leadership

SEC/FINRA experience

Supervisory testing

Advertising review

Risk management

MS Office

Communication skills

Industry knowledge

Education

Bachelor's degree

High school diploma

Job description

Ladenburg Thalmann & Co. Inc.

Chief Compliance Officer

Location(s): 640 5th Ave., 4th Fl, New York, NY 10019

Role Type: Full-time

Salary: $200,000 per year + annual performance-based bonus

Actual compensation offered will be determined individually, based on several 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: Osaic Benefits.

Summary:

The Chief Compliance Officer (CCO) of Ladenburg Thalmann & Co. Inc., a 150-year-old investment bank, will establish, implement, and maintain policies, procedures, and internal controls that are designed to achieve compliance with applicable securities laws and regulations and firm standards.

The CCO will own the maintenance cycle for compliance-owned written supervisory procedures (WSPs) and related compliance documentation, including periodic reviews and attestations as required.

In addition, the CCO will ensure effective compliance communications and training to business partners and registered personnel; provide advisory support on product, sales practice, advertising/communications, and conduct matters.

This role partners closely with business leadership and key control functions to implement and maintain a compliance framework that is designed to ensure adherence to applicable SEC (including Investment Advisers Act requirements), FINRA, and MSRB regulatory requirements.

The CCO is the regulatory face of the investment bank, serving as a primary point of contact for regulators and self-regulatory organizations (including the SEC, FINRA, and MSRB), including supporting routine interaction, regulatory inquiries, and examinations.

Education Requirements:

• Bachelor’s degree preferred, high school diploma (or equivalent) in combination with significant practical experience will be considered in lieu of degree. Minimum of high school diploma or equivalent is required.

Responsibilities:

• Developing and maintaining a robust compliance program, with a focus on compliance with all laws, regulations, and other guidance related to business and operational activities.
• Identifying and mitigating compliance risks proactively and maintaining a strong regulatory relationship with all applicable regulators.
• Developing sufficient internal controls to promote an effective compliance control environment
• Performing periodic risk assessments of business and operational activities to identify compliance gaps and potential exposure
• Partnering with business units to remediate compliance findings identified in internal and external examinations and audits.
• Establishing compliance standards and procedures to mitigate compliance risks and improper conduct, ensuring these standards are institutional throughout the business units, and monitoring compliance with such standards.
• Continuing to improve the compliance function and oversight activities to drive strong relationships across all business lines
• Provide reports to leadership as needed.
• Keep pace of business demands by anticipating problems, addressing new regulatory requirements, offering appropriate solutions, and providing the necessary leadership to implement changes effectively.
• Other duties as assigned.

Requirements:

• Bachelor's degree, or equivalent education and related training.
• 15+ years of financial industry experience, including compliance/risk management, legal and/or leadership/managerial experience.
• Strong Investment Banking, Institutional Sales, Equity Research compliance leadership experience, including supervision, registered representative conduct, customer communications/advertising, and branch/field supervision models.
• Working knowledge of trading/operations and associated controls (e.g., order handling, best execution, communications/recordkeeping, and books & records).
• Demonstrated success leading complex SEC and/or FINRA examination responses, including remediation program management.
• Experience in overseeing advertising and communications review programs (including digital and social media).
• Experience with supervision models and supervisory control testing consistent with FINRA expectations.
• Substantial broad-based knowledge and experience in applying laws and regulations, designing, managing, and overseeing compliance programs and processes and managing regulatory matters.
• Working knowledge of FINRA Gateway.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Excellent communication and interpersonal skills, as job will require extensive interaction with various business units among multiple disciplines including Senior and Executive Management.
• Ability to communicate and work with various regulatory agencies.
• Attention to detail, accuracy, and the ability to manage multiple tasks and deadlines.
• Solid understanding of risk management processes and risk analysis.
• FINRA Series 7 and 24 are required; FINRA Series 4 and 53 are preferred.

Equal Opportunity Employer

Osaic is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.

Eligibility

Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Osaic.

Unqualified Applications

Osaic does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Recruiting Agencies

Osaic only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.