Director, Compliance -Operations

200 W Madison St, Chicago, IL 60606, USA

If you think you are the right match for the following opportunity, apply after reading the complete description.

Job Description

Posted Monday, October 7, 2024 at 5 : 00 AM

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations.

Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of well-th.

rebalanced. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Your Future Team

Hightower’s Compliance Department strives to provide industry-leading support to the firm’s advisor teams. We are passionate about serving as collaborators within all facets of the organization and focus on developing processes and strategies that are effective for advisors, their clients, and other mid and back-office departments while adhering to the spirit of the regulation.

This position reports to an Executive Director of Compliance and is predominantly self-directed and self-motivated. To be successful in this role, you must have a strong understanding of registered investment adviser and broker-dealer regulations and compliance requirements, as well as excellent communication and analytical skills.

What You’ll Do

• Own various daily Departmental functions such as : the Firm’s proxy voting process, code of ethics related reviews, etc.
• Perform regulatory filing related processes (e.g., 13F, 13H, various broker dealer related filings, Form ADV other than annual updates, etc.

serving as the end-to-end owner for the Compliance Department.

• Reports to CCO of the broker dealer, Hightower Securities, performing associated day-to-day functions including (but not limited to) the annual review and annual training.
• Coordinate and oversee all custody audits.
• Conduct TRACE reporting.
• Manage regulatory and state inquiries.
• Manage a queue of support cases ensuring cases are acknowledged and handled within an appropriate timeframe, managing up within the Department as needed.
• Act as a stakeholder in the implementation of the Firm’s compliance program including taking ownership of relevant documentation, training, back end processes, etc.
• Investigate and respond to compliance-related incidents.
• Analyze and identify issues and trends for improved process and controls.
• Develop and track remediation plans.
• Maintain and create compliance desk procedures.
• Perform regulatory research and analysis as necessary.
• Interact with and support personnel at all levels of the Firm’s various business units.
• Support the Compliance Department with various projects as required.
• Foster a positive compliance culture.

What You’ll Bring

• Meticulous attention to detail, motivated by excellence.
• Exceptional critical thinking and communication skills, ability to educate not dictate.
• 7+ years of professional experience in operations and / or compliance working for a broker dealer, experience working with a registered investment advisor a plus.
• Licensing
• Minimum Required : FINRA Series 7 & 24.
• Strongly Preferred : Investment Adviser Certified Compliance Professional or similar designation; Series 4, 9 / 10, 27, 53, 66, 65 or some combination thereof or ability to obtain a combination thereof within one year.
• Experience in policy review and writing for a registered investment adviser.
• Effective at prioritization of workload with competing priorities while producing high quality work.
• Ability to independently analyze issues and requirements with the critical process understanding of business practices and implications, and assist with the continued refinement of a supervisory control framework.
• Highly responsive and proactive, able to own tasks from start to finish.
• Ability to take initiative and work independently with minimal supervision, while being equally comfortable working collaboratively.
• Proficient in the use of MS Office applications.
• Deep understanding of SEC, FINRA, MSRB and state-specific rules and regulations as they relate to Hightower’s business model.
• Strong organization and project management skills.

What We Offer

• Coverage on the first day of employment for medical, dental, and vision insurance.
• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver).
• Mother’s lounge onsite.
• Flexible PTO plan.
• Free brand-new gym in the Chicago office.
• 401k matching plan.
• HSA employer contributions.
• Student loan assistance.

AN EQUAL OPPORTUNITY EMPLOYER : Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.

S. work authorization now or anytime in the future.

200 W Madison St, Chicago, IL 60606, USA

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