Compliance Officer, Branch Consultation and Exams (LA, New Orleans)

June 24, 2022

Job Locatiion: Remote

Company Overview: 

EdgeCo Holdings is comprised of several affiliated companies focused on providing a broad array of sophisticated financial products, technology, and support services in the areas of full-service retirement plan administration, brokerage services, and trust & custody solutions. EdgeCo provides these services through numerous subsidiary entities including American Trust, Mid Atlantic Trust Company, NewEdge Capital Group and PensionPro Software.

Who we are: 

NewEdge Advisors is a rapidly growing wealth management firm, made up of independent financial advisors that all share the belief that every client is unique and deserves more than ordinary service. Our mission is to give established advisors more time and resources to focus on their clients and practices. We do this by striving to make our advisors’ challenges our own. Supporting our advisors is our only success.

We provide independent financial advisors support with transitions, compliance, real estate solutions, human resources, marketing solutions and technology so that they can focus their attention where it matters most, their clients. When advisors choose to become independent, many believe that the best way to run their practice efficiently and profitably is through partnership, economies of scale and shared resources. NewEdge Advisors serves this market.

Job Summary:

NewEdge Advisors is looking for a highly skilled Compliance Officer to provide primary leadership and assist the compliance management of the firm in executing on both its onsite and virtual consultation / examination of advisor practices. This position will work closely with home office staff and with advisors using their understanding of compliance requirements to meet the firm’s obligations. The Compliance Officer will report directly to the Chief Compliance Officer.

This position will be remote but airport accessibility is a must.

Responsibilities and Duties

Partner with the Chief Compliance Officer to enhance and execute the onsite and virtual examination program for NewEdge Advisors.
Utilize custodial platforms and firm reporting in support of the consultation mission of NewEdge Advisors Compliance. Analysis of the reporting from multiple custodial sources will be necessary to implement the program.
Research, develop and integrate new procedures and technology for examination efforts.
Partner with the Chief Compliance Officer (CCO) and Deputy Chief Compliance Officer (DCCO) of NewEdge Advisors as needed to report findings and design remediation for identified issues from completed examinations.
Assist CCO and DCCO in the maintenance and updating of required books and records to include exam program policies and procedures. Perform testing of policies and procedures in support of the annual review requirements of NewEdge Advisors and escalate identified issues to the CCO or DCCO.
Liaise with operations and transition staff to create educational tools for transitioning advisors. Assist in presenting information regarding the compliance program and branch office requirements to transitioning advisor teams.
Partner with management and advisors in addressing compliance questions and concerns through thoughtful dialogue and inquiry to ensure proper advice and counsel is provided when needed.
Provide exceptional service to your clients – the advisors of NewEdge. Be an advocate and resource for the advisors and staff of NewEdge.

 

Minimum Qualifications

5+ years of securities industry experience within organizations providing investment advisory services. A minimum of 3 years should be in leadership areas of supervision, compliance, or operations.
Experience working within a producing branch office environment is a plus.
A strong knowledge of securities industry operations will be preferred.
Series 7, 65/66. Series 9/10 or 24 are preferred.
A four (4) year college degree is required.
Proficiency with Microsoft Office and CRM applications strongly desired.
Must have the ability for overnight travel on a significant basis (in excess of 50% of the time) to perform assigned consultations or to attend industry conference / education events.
Superior customer service skills in support of the mission of NewEdge Advisors.

 

Benefits:

Employees are eligible to participate in company benefits including health, dental, and vision insurance on the first of the month after their hire date. The company also provides a 401(k) plan with company match, group life insurance, short- and long-term disability, as well as additional voluntary benefits for employees to elect participation in.