Description:
We are seeking an energetic and reliable professional to join our Legal and Compliance Team as a Director of Compliance, Banking, and Custody and report into the General Counsel and Chief Compliance Officer of Vestwell. You will be responsible for providing end-to-end compliance support for Vestwell's highly regulated businesses, developing and overseeing a risk management framework and testing protocols. As a successful candidate, you must be agile, with a demonstrated ability to pivot and manage a workload properly and timely, and able to work as part of a close-knit team in a fast-paced environment of a highly regulated financial services company.
WHAT WILL YOU BE DOING?
- Full compliance support for Vestwell's banking/savings offerings, trust company, IRAs, and Broker-Dealer products
- Build and manage a compliance function to support these growing parts of Vestwell's business including but not limited to: writing policies and procedures, training our employees, reviewing marketing materials
- Serve as the company liaison with FINRA and any state regulators and will take the lead on handling all FINRA filings and examinations
- Partner closely with the General Counsel to develop contract templates, and disclosures, and handle incidents and exceptions
- Accountable for full compliance for Vestwell's cashiering and custody operations
- Create policies and procedures and work closely with our operations business to provide training and develop a risk management framework
- Implement a monitoring protocol for compliance with applicable law
- Coordinate and lead all aspects of Vestwell's annual SOC audits and regulatory exams in partnership with our other compliance directors and internal stakeholders
- Ad-hoc compliance support for Vestwell's other business functions, including assistance with vendor oversight and other general activities of Vestwell's growing Legal and Compliance Team
REQUIREMENTS
- Bachelor's degree required
- Five years of experience leading compliance initiatives, writing procedures, conducting training, preparing for regulatory exams at a regional or large bank
- Ability to manage multiple tasks simultaneously with attention to detail while working in a fast-paced, deadline-driven environment
- Ability to deliver results with a sense of urgency
- Must be a collaborative team player with the ability to leverage resources and tools to accomplish objectives
- Excellent time management, organizational, problem-solving, and research skills.
- Ability to exercise good business judgment, discretion, and maintain confidentiality of sensitive information
- Strong written and verbal communication skills
- Professional and positive demeanor
- Excellent attention to detail and accuracy, proficient with numbers and basic calculations.
- Proven ability to problem-solve and synthesize information quickly and be familiar with G-Suite, Microsoft Office, Slack, Zoom, Adobe Acrobat, DocuSign, Atlassian applications, and legal research and software applications