Description
iCapital is seeking a Senior Vice President to join its Broker Dealer and Distribution Compliance team within the Regulatory and Compliance group.
This role supports the Chief Compliance Officer in overseeing, managing, and executing the broker-dealer's comprehensive compliance program, focusing on adherence to FINRA rules, SEC regulations, and other applicable laws governing broker-dealer activities, particularly in the distribution of alternative investments, structured investments, and annuity products.
Responsibilities:
- Design, implement, and maintain an effective broker-dealer compliance program consistent with FINRA and SEC expectations.
- Provide senior-level oversight of key compliance functions, including supervision, surveillance, investigations, regulatory reporting, and compliance testing.
- Serve as a key escalation point for material compliance issues, supervisory concerns, and regulatory risk matters.
- Oversee compliance related to the distribution of alternative investments, structured products, and annuities.
- Support product due diligence, approval, and ongoing monitoring frameworks from a broker-dealer compliance perspective.
- Manage the development, maintenance, and enforcement of Written Supervisory Procedures (WSPs).
- Enhance supervisory controls and address identified gaps with business leadership.
- Coordinate responses to regulatory examinations, inquiries, and findings, ensuring timely remediation and tracking corrective action plans.
- Monitor regulatory developments impacting broker-dealer operations and sales practices.
- Provide compliance guidance for new marketing initiatives across various business lines.
- Mentor and develop compliance staff, promoting depth, continuity, and subject matter expertise.
- Foster a strong culture of compliance and ethical conduct across the organization.
Qualifications:
- 12-15+ years of relevant experience.
- Significant experience in a FINRA-registered broker-dealer environment, including leadership or supervisory responsibility.
- Demonstrated expertise in alternative investments, structured investments, or annuities from a compliance or regulatory perspective.
- Strong working knowledge of FINRA rules, SEC regulations, suitability standards, and complex product oversight.
- Experience managing regulatory exams, enforcement matters, and senior-level regulatory interactions.
- Proven leadership skills with the ability to influence senior stakeholders and business partners.
- Excellent written and verbal communication skills.
- Ability to thrive in a fast-paced environment with a continuous learning mindset.
- Self-motivated with robust project management and process development skills.
- Sound judgment, strong ethics, and the ability to manage sensitive and confidential matters.
- JD is a plus.
- Series 24 license required.
Benefits: The base salary range for this role is $190,000 to $225,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer-matched retirement plan, generously subsidized healthcare with 100% employer-paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).