Compliance Advisor Manager - Investing: Marketing Compliance

Employer
Capital One
Location
McLean, Virginia
Posted
Jun 10, 2021
Closes
Jul 10, 2021
Ref
R111997
Function
Finance
Hours
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Compliance Advisor Manager - Investing: Marketing Compliance

Compliance Advisor Manager - Investing: Marketing Compliance

The Compliance Advisor Manager - Investing: Marketing Compliance performs a key risk management role to help ensure that all advertising and marketing for and in support of registered investment advisor (RIA) activities comply with applicable laws and regulations. While working within the compliance management program framework, the Compliance Advisor Manager - Investing: Marketing is responsible for implementing and managing a robust RIA marketing/advertising compliance program as a subject matter expert in all applicable RIA advertising and marketing rules and regulations. This associate will be responsible for delivering quality results, working with the business to develop effective and efficient process flows for advertising and marketing reviews, providing timely and accurate compliance advice to business lines, and ultimately providing Compliance approval for marketing and advertising materials.

The Compliance Advisor Manager - Investing: Marketing Compliance role supports the investing business lines generally and with specific attention to marketing and advertising compliance:
  • Reviewing, effectively challenging and providing compliance approval for corporate marketing and advertising related to the investment adviser and in compliance with SEC, DOL, Retail Noninvestment Deposit Product (RNIP), and other regulatory requirements and expectations.
  • Providing input on investing business regulatory requirements and their applicability to business products and services;
  • Providing guidance on business policies, standards, and procedures;
  • Conducting targeted training on policies and regulatory rule requirements, as appropriate;
  • Providing compliance advice on investing-related projects and initiatives;
  • Providing guidance on control design and implementation for investing regulatory requirements and business line monitoring of those controls; and
  • Assist in creating and performing targeted tests on business line controls and provide guidance on identified exposures and risks.


Responsibilities:
  • Proficient knowledge of the Investment Adviser Advertising rules and regulations (206(4)-1) and subsequent prohibitions and restrictions including but not limited to: testimonials, the use of past recommendations, charts and graphs, and performance.
  • Proficient knowledge of RNIP programs required for marketing investment products in a retail banking environment.
  • Implement and manage compliance reviews of all marketing/advertising on all approved media (e.g., print, web, social media, etc.)
  • Ability to implement any new or revised marketing rules and/or notices issued by the SEC.
  • Assist in providing end-to-end compliance oversight including developing and maintaining effective controls designed to monitor the effectiveness of the RIA compliance program
  • Ensure and support the review of the compliance management program and procedures and implement necessary remediation for any identified deficiencies
  • Maintain in-depth knowledge of the business and its activities to ensure adequate compliance oversight and resources; advise the business on emerging compliance issues
  • Review complaints generated from investing business lines and provide guidance on remediation; escalate and facilitate with subject matter experts, when necessary
  • Identify trends in monitoring and supervision data and advise on identified emerging risks
  • Maintain expert understanding of and subject matter expertise related to applicable federal and state investing laws and regulations, including managing an RIA compliance program within a Financial Institution or Bank
  • Evaluate Internal Audit, Regulatory Exam, and self identified issues and events for compliance impacts
  • Advise investing business lines on application of compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation
  • Assist investing business lines in the development, oversight, and maintenance of the compliance management program
  • Conduct targeted validations and reviews of controls covering applicable laws and regulations
  • Identify and respond to ongoing regulatory changes, ensure implementation of required policies and procedures and appropriate operational and compliance oversight
  • Active involvement with compliance testing and third party compliance
  • Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate compliance risk management
  • Participate in reporting activities, such as: regulatory changes, new product risk assessments, and other reports used by Senior Leadership
  • Maintain and update the investment advisor compliance manual and assist in annual and periodic review of written supervisory procedures


Basic Qualifications:
  • Bachelor's Degree or Military experience
  • At least 3 years of compliance experience with a Securities Regulator (FINRA/SEC) or at least 3 years experience working for an SEC regulated RIA in the following: Compliance, Legal or Operations.


Preferred Qualifications:
  • Master's Degree
  • At least 5 years of supervision experience with a Securities Regulator (FINRA/SEC) or at least 5 years experience working for an SEC regulated RIA in the following: Compliance, Legal or Operations.
  • Experience managing an RIA compliance program within an OCC or Federally regulated Financial Institution
  • Series 65/66 licenses


At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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