Compliance Associate

Procyon; Flint (MI); On-site; USD 55,000 - 75,000; Full time

Job summary

A financial services firm is seeking a Compliance Associate to support the Chief Compliance Officer in overseeing the firm's Compliance Program. Responsibilities include completing compliance reviews, assisting in policy development, and interfacing with auditors during regulatory exams. The ideal candidate has a strong attention to detail, excellent organizational skills, and a minimum of two years of relevant experience. This role is vital to ensure adherence to industry regulations and enhance compliance awareness within the firm.

Qualifications

• Minimum two years of compliance or regulatory experience within RIA, BD, or financial services firms preferred.
• Knowledge of relevant state and federal regulations, e.g., 1940 Investment Advisers Act.
• Experience with compliance technology systems and regulatory filings is a plus.

Responsibilities

• Complete weekly, monthly, quarterly and annual reviews for compliance.
• Assist in the development of firm’s compliance policies.
• Interface with auditors and regulatory exams as necessary.
• Support preparation of regulatory filings and disclosures.

Skills

Attention to detail

Strong organizational skills

Interpersonal communication

Self-motivated

Ability to enforce policies

Education

Series 65 or 66 or similar certifications

Tools

ComplianceAdvisor Cloud 360

MyComplianceOffice

Global Relay

Trade surveillance tools

Job description

Your job as a trusted member of the compliance team is a critical one at Procyon through supporting the CCO in overseeing Procyon’s Compliance Program. This is accomplished by proactively reviewing business activities to identify potential regulatory, compliance, and legal risks. The Compliance Associate will be focused on developing and communicating key policies within the firm and providing knowledgeable advice in a team culture, as they support investment, marketing, and general compliance. The ability to multi-task and adapt to rapidly changing priorities is important. The ideal candidate is detail and service oriented. You effectively communicate information to clients and colleagues alike and work well within a team construct.

QUALIFICATIONS

• Minimum two years of compliance or regulatory experience within RIA, BD, or financial services firms preferred-specifically with investment advisory compliance.
• Knowledge of relevant state and federal regulations (e.g., 1940 Investment Advisers Act, SEC rules, FINRA).
• Excellent attention to detail, strong organizational skills, and the ability to manage multiple priorities in a fast-paced environment.
• Exceptional interpersonal and communication skills, with the ability to interface with employees at all levels of the firm.
• Strong work ethic, self‑motivated, and goal oriented.
• Ability to follow directions and work independently, take ownership of assigned tasks, and think for themselves.
• Ability to enforce the firm’s policies and procedures and guide others in a positive way.
• Communicate clearly, both in writing and verbally, and can explain complex topics simply.
• Series 65 or 66 or similar designations or certifications, or a desire to pursue them, preferred.
• Experience with compliance technology systems, trade surveillance tools, or regulatory filings preferred.

Optional

While not a requirement, familiarity with our tech stack is a plus.

• Custodians Charles Schwab and Fidelity
• Performance Reporting Black Diamond
• ComplianceAdvisor Cloud 360, MyComplianceOffice, Global Relay

JOB DESCRIPTION

This position will be working under the direct supervision of Procyon’s Chief Compliance Officer, Todd Smallwood. The Compliance Associate will support in the following ways:

• Responsible for completing a variety of weekly, monthly, quarterly and annual reviews and forensic tests to ensure compliance with policies and procedures.
• Assist in the development of the firm’s compliance policies and procedures.
• Assist with regulatory exams and interface with auditors, as necessary.
• Apprentice under the CCO in all areas of compliance to ensure all functions are being handled during vacations, leave, etc.
• Support the preparation of regulatory filings, disclosures, and audits.
• Keep up to date on industry rules and regulations to ensure the firm is in compliance with the latest requirements.
• Assist with employee and advisor onboarding and training programs to promote compliance awareness across the firm.
• Conduct routine reviews of marketing materials and social media content to ensure regulatory compliance.
• Assist in Annual Compliance Review.
• Complete assigned collateral duties as assigned