Compliance and Due Diligence Officer

The Compliance & Due Diligence Officer provides oversight to the due diligence process which includes responding to due diligence questionnaires (DDQs) and requests for proposals (RFPs). This individual will also provide assistance to the CCO in the implementation and maintenance of RiverFront’s compliance program. The Compliance & Due Diligence Officer works with the Chief Compliance Officer, Due Diligence Analyst, and the Trading, National Sales, and Marketing teams to complete these due diligence and compliance tasks. It is intended that the Compliance & Due Diligence Officer will also serve as branch supervisor (Series 24) for associates who are registered representatives. 

Responsibilities 

• Serve as branch supervisor for registered representatives. Coordinate and review U-4 and U-5 filings, complete quarterly questionnaires for broker dealer main office, monitor CE requirements, outside business activities and personal trading for registered representatives
• Assist and review responses to new business RFPs and annual/quarterly/monthly due diligence questionnaires. 
• Collaborate with portfolio managers and internal subject matter experts (HR, compliance, business services, marketing, etc.) to write accurate descriptions of RiverFront’s policies and procedures as requested for DDQs and RFPs. 
• Review and approve marketing materials which include but is not limited to weekly, monthly and quarterly general market commentaries, emails, and videos. 
• Provide regular internal updates regarding progress of DDQs, RFPs and other projects. 
• Support the Chief Compliance Officer with the administration and maintenance of the firm’s compliance program, which is designed to help promote a robust control and compliance environment and to help ensure compliance with securities laws and regulations.
• Assist the CCO with the firm’s responses to regulatory requests. 
• Complete special projects and other tasks as assigned by the Chief Compliance Officer and coordinate efforts with various business and product teams.

Experience and Education 

• Candidate must have at a minimum an undergraduate degree in business, finance or a related field.
• 5-10 years compliance or operations experience with financial services firms is preferred.
• FINRA Series 7 and 24 desired, or willingness to take exams and capability to pass the exams. 
• General knowledge of managed accounts and wrap fee programs a plus.
• Experience analyzing and applying SEC rules and standards is preferred
• Prior experience with an investment advisor or regulatory knowledge of the Investment Advisers Act is desirable. 

Competencies

• Independent thinking skills, strong research skills, and ability to proactively identify solutions are required. 
• Exceptional organizational skills required. Ability to meet designated deadlines is also a critical qualification. 
• Proven ability to collaborate on multiple projects by using available resources such as shared calendars, Microsoft Teams, and project management tools such as Jira. 
• Successful experience handling demanding or time sensitive tasks by coordinating with manager and teammates, proactively managing schedules or conflicts, and communicating frequently with internal customers.
• Ability to utilize effective communication to develop cross-functional relationships, solicit feedback on performance, understand complex directions, and provide updates to stakeholders. 
• Strong interpersonal, verbal, and written communication skills. 
• Dependable. Consistently at work and on time, follows instructions, responds to management direction, and solicits feedback to improve performance.
• Ability to work autonomously in a fast-paced environment while executing against specific tasks and functions required.

Technical Skills: 

• Possess a high degree of proficiency with MS Office products including Word, Excel, Power Point and Outlook.