Sr. Compliance Manager

About Betterment

Betterment is a leading, technology-driven financial services company that offers investing and retirement solutions for retail investors and investment advisors as well as financial wellness solutions, including a 401(k) for small and medium-sized businesses. Our team is passionate about our mission: making people’s lives better. We’re headquartered in NYC, and offer hybrid NY-based (three days/ week in-office) and select, non-NY-based remote positions.

About the role

You are eager to join a dynamic team to help build out the compliance function at one of the most innovative registered investment advisers and broker-dealers. You’re thorough, inquisitive, intellectually curious, and detail oriented. You love building things from scratch and thrive in a fast paced environment. You’re very familiar with the applicable rules and are excited to use those skills to enhance the compliance program. You think outside the box and find working across the business to find solutions fun. You are ready to roll up your sleeves and get to work in a fast-paced and exciting work environment!

This role is based out of our NYC office. Below we've reflected the base salary range we would offer for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment’s total compensation package for employees. 

• New York City: $160,000 - $180,000

We offer a competitive equity package, health, dental and vision benefits, life and AD&D, short-term and long-term disability insurance, EAP, commuter and parking benefits FSA/HSA, and 401(k) with employer match as well as a flexible PTO policy. This job may also be eligible for variable compensation in the form of a company incentive bonus.  For jobs based out of our NYC HQ, we require in office attendance Tuesday through Thursday, weekly.

A day in the life

• Be a key partner to our Capital Markets Team and help ensure we meet our obligations regarding best execution, trade reporting and trade allocation.
• Be a key partner to our Operations Team and help ensure we meet our obligations regarding proxies, corporate actions, account transfers, escheatment, custody, segregation of client assets (Rule 15c3-3), reserve requirements and delivery of statements and trade confirmations.
• Execute second line compliance oversight of capital markets and operations activities
• Help the business improve their processes, create efficiencies, and build new products
• Develop the right monitoring and testing routings
• Advise on a variety of topics including block trading, order routing, new products, services and other initiatives
• Create and deliver training courses relevant to your areas of coverage 
• Help ensure that appropriate regulatory policies, procedures, and controls are established, maintained, and documented
• Help with annual reviews of the firm’s compliance program
• Provide support on regulatory and annual compliance examinations

What we’re looking for

• Compliance experience supporting and overseeing broker-dealer Capital Markets and/or Operations department activities 
• Thorough knowledge of FINRA and SEC rules and regulations governing broker-dealers, including best execution, trade reporting and trade allocation
• Strong analytical and problem-solving skills, as well as the ability to exercise sound and balanced judgment
• Ability to build effective relationships and develop strong partnerships across the business
• A solutions-oriented mindset and organizational agility 
• Excellent writing and communication skills
• A meticulous attention to detail

What being at Betterment means for you

We change lives

Join a community of innovators working to transform financial outcomes for real people. Your work will make an impact, always laddering up to our mission: making people's lives better.

We set audacious goals

We set them for the company, our customers, and ourselves—and we won’t stop until we reach them. We don’t just show up; we give our all, then celebrate our wins.

We value all perspectives

When we collaborate, we're at our best. We believe diverse perspectives lead to better outcomes and strive to uphold our supportive and inclusive community.

 We invest in you with:

• A competitive suite of benefits, including: medical, dental, and vision insurance; life and AD&D insurance; STD and LTD benefits, including infertility support and World Professional Association for Tra