Compliance Principal

Mutual Group; United States; Remote; USD 70,000 - 110,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and eye

401(k) with company match

Paid time off and holidays

Discretionary performance-based bonus

Wellness initiatives

Continuous learning and professional发展

Job summary

Mutual Group is a mission-driven, independent financial services firm serving 1,600+ professionals nationwide with over $14B in assets. We seek a Compliance Principal to own the supervision program, oversee account and trade surveillance, AML/CIP monitoring, and training initiatives.

The role requires deep knowledge of SEC/FINRA rules, Series licenses, and robust investigative writing skills; remote work from the United States is supported, with leadership across the Compliance function.

Qualifications

• Bachelor's degree in business, finance, or related field.
• 5+ years in broker-dealer or RIA compliance, including principal reviews.
• Active Series 7, 24, and 63 licenses.
• Solid knowledge of SEC/FINRA rules, AML and CIP requirements, and Reg BI.
• Experience with surveillance platforms and Excel/SharePoint.
• Strong investigative, analytical, and writing skills; documentation of decisions.

Responsibilities

• Review surveillance reports and trade alerts; resolve sales practice concerns.
• Perform secondary reviews of high-risk accounts and approve transactions.
• Investigate issues, document findings, and drive corrective actions.
• Review insurance and annuity suitability; document approval decisions.
• Escalate exceptions and coordinate with advisors to resolve them.
• Run AML/CIP monitoring, investigations, and due diligence.
• Monitor portfolios for concentration and risk; produce metrics.
• Support Compliance case queue; provide guidance to advisors/clients.
• Compile data for regulatory examinations and draft responses.
• Create training and job aids; back up coverage for reviews.

Skills

Broker-dealer compliance experience

Active Series 7, 24, 63 licenses

SEC and FINRA rules knowledge

AML/CIP requirements knowledge

Excel and SharePoint proficiency

Education

Bachelor's degree in business or finance

Tools

Surveillance platforms

Compliance workflow tools

Job description

Mutual Group is a mission-driven, independent financial services firm founded more than 40 years ago and headquartered in Southern California. Through our broker-dealer and registered investment adviser subsidiaries, we support more than 1,600 financial professionals nationwide and oversee in excess of $14 billion in assets. Our culture is grounded in our values: Personal, Authentic, Collaborative, and Knowledgeable. We take pride in serving our advisors and clients with integrity, expertise, and care.

Compliance Principal

Reports to: Director, Compliance

Function: Compliance

Employment Type: Full-Time

FLSA Status: Exempt, Salaried

Location: Remote

About Mutual

Mutual Group is a mission-driven, independent financial services firm founded more than 40 years ago and headquartered in Southern California. Through our broker-dealer and registered investment adviser subsidiaries, we support more than 1,600 financial professionals nationwide and oversee in excess of $14 billion in assets. Our culture is grounded in our values: Personal, Authentic, Collaborative, and Knowledgeable. We take pride in serving our advisors and clients with integrity, expertise, and care.

Position Overview

The Compliance Principal supports the firm's registered representatives and investment adviser representatives on compliance matters, with a focus on account and transaction supervision. The position owns day-to-day surveillance of client and employee trading, insurance and annuity suitability reviews, anti-money laundering monitoring and investigations, and portfolio risk reviews. It also serves as an escalation point for advisors and the Compliance team, resolving cases accurately and on time, and leads targeted projects that strengthen surveillance, training, and supervisory controls.

This is a principal-level role for an experienced broker-dealer and RIA compliance professional who wants ownership of a supervision program and the chance to improve it.

Responsibilities

Transaction Surveillance

• Review surveillance reports and trade alerts for client and employee accounts, and resolve sales practice concerns within the expected service level.
• Perform secondary reviews of high-risk accounts and complex transactions, and approve transactions that require principal review.
• Investigate issues, document findings, and drive corrective actions with advisors and business units.

Insurance and Annuity Suitability

• Review insurance and annuity recommendations and transactions for suitability and supervisory requirements, and document approval decisions.
• Escalate exceptions and work with advisors and internal teams to resolve them.

Anti-Money Laundering Surveillance

• Run anti-money laundering and customer identification (AML and CIP) monitoring, conduct investigations and due diligence, and document outcomes.
• Recommend enhancements to AML and CIP procedures as rules and risks change.

Portfolio Risk Reviews

• Monitor portfolios for concentration, suitability, and portfolio management risks, and work flagged accounts to resolution.
• Produce compliance metrics and trend analyses from surveillance and review activity, and propose improvements.

Department Support

• Work the Compliance case queue, handle advisor and client inquiries, and provide clear guidance.
• Compile data and exhibits for regulatory examinations, inquiries, and internal reviews, and help draft responses as directed.
• Create and deliver targeted training and job aids as rules evolve.
• Provide backup coverage for other Compliance reviews as assigned, including advertising and correspondence review, branch examinations, and regulatory filings.

Qualifications

Required

• Bachelor's degree in business, finance, or a related field, or equivalent industry experience.
• Five (5) or more years of broker-dealer or RIA compliance experience, including principal-level review and approval.
• Active Series 7, 24, and 63 licenses.
• Working knowledge of SEC and FINRA rules, AML and CIP requirements, and suitability and Regulation Best Interest standards.
• Experience with surveillance platforms and compliance workflow tools, and proficiency in Microsoft Excel and SharePoint.
• Strong investigative, analytical, and writing skills, with the ability to document a decision so it holds up in an examination.
• Ability to manage multiple deadlines in a fast-paced, distributed environment.

Preferred

• Series 53 or 51 and Series 66 licenses (strongly preferred).
• Experience supporting FINRA or SEC examinations, including compiling exhibits and drafting responses.
• Experience reviewing insurance and annuity transactions for suitability.
• Experience conducting branch examinations and reviewing advertising and correspondence.

Cultural Fit

The ideal candidate brings sound judgment, accountability, and a service-oriented mindset to everything they do. They thrive in an environment that values collaboration over silos, candor over politics, and follow-through over flash. Specifically, the Compliance Principal embodies our values:

• Personal: Builds genuine relationships with colleagues and advisors and treats every review as an opportunity to help an advisor do business the right way.
• Authentic: Communicates honestly, owns mistakes, and raises issues before they become problems.
• Collaborative: Brings others along, shares credit generously, and works across functions without ego.
• Knowledgeable: Stays current on the rules, asks thoughtful questions, and invests in learning the business they supervise.

Why Mutual

Joining Mutual means joining a financial services firm where the work you do has visible, tangible impact. We are big enough to support an established platform and small enough that individual contributions are seen, valued, and rewarded. We invest in our people through competitive compensation, comprehensive benefits, ongoing professional development, and a leadership team that takes its responsibility to our employees as seriously as its responsibility to our advisors and clients.

• Comprehensive medical, dental, and vision coverage
• 401(k) participation with company match
• Paid time off and paid holidays
• Eligibility for discretionary performance-based bonus
• Wellness initiatives
• Opportunities for continuous learning and professional development in a supportive team.

Salary Range

Annual base salary range (full-time equivalent): $70,000 to $110,000.

Final offer will be commensurate with the selected candidate's experience, demonstrated capabilities, and internal equity considerations. The position is also eligible for discretionary performance-based bonus consideration.

Mutual is a B2B company that provides consulting services, operations, technology, brokerage and compliance solutions for registered investment advisory (RIA) firms and individual advisors. Mutual Group currently serves more than 1,600 financial professionals with assets under administration exceeding $13B and has been continuously striving to grow in knowledge, expertise, and client care since being founded in 1982. For more information about Mutual Group, please visit https://www.mutual.group or follow the company on LinkedIn.

Investment advisory services offered through Mutual Advisors, LLC, a SEC registered investment adviser. Securities offered through Mutual Securities, Inc., member FINRA/SIPC. Mutual Advisors, LLC and Mutual Securities, Inc. (collectively "Mutual Group") are affiliated companies.