Senior Compliance Manager

Senior Compliance Manager – Broker-Dealer and Core Compliance

Bessemer Trust is seeking an experienced and dedicated Senior Compliance Manager to join our Compliance team.  The Senior Compliance Manager will assist in administering the Broker-Dealer and Core Compliance Programs. The ideal candidate will have extensive experience in broker-dealer and core compliance, strong leadership skills, a deep understanding of FINRA and SEC regulations, and the ability to stay abreast of regulatory developments and industry best practices.

 

Key Responsibilities:

• Assist in the management of Bessemer’s Broker-Dealer and Core Compliance Programs.
• Assist with the management and daily oversight of Compliance team member(s).
• Maintain and demonstrate a thorough understanding of the regulations applicable to broker-dealer and affiliated bank activities; stay abreast of regulatory developments and industry best practices.
• Serve as key Compliance adviser to the business on various broker-dealer and core compliance areas, such as training and licensing requirements, personal trading, outside business activities, and gifts and entertainment.
• Conduct broker-dealer branch office inspections.
• Maintain Bessemer’s electronic communications review program, which includes managing and performing electronic communications surveillance, system review and maintenance, and reporting.
• Manage and assist with the review of employee personal trading, private securities transactions, outside business activities, and gifts and entertainment.
• Oversee the completion of Registered Representatives’ Form U4s and Form U5s.
• Prepare certain board and oversight committee materials and other reporting as needed.
• Implement and enforce effective policies and procedures in accordance with applicable laws and regulations.
• Assist in FINRA exams and Internal Audit reviews.
• Responsible for managing Form BD, Form BR and Form CRS updates.
• Monitor and follow-up on FINRA Regulatory Element Continuing Education requirements. Administer Firm Element Training/Annual Compliance Meeting.
• Perform other Compliance related duties, as assigned. 

Qualifications:

• Bachelor’s degree required; other related degrees, certifications, experience and training, a plus
• 10+ plus years in a Compliance role for a broker-dealer, preferred
• Series 7 and 24 licenses required
• Demonstrate comprehensive knowledge of securities rules and regulations, including FINRA and the SEC
• Proficiency in MyComplianceOffice and GlobalRelay is a plus
• Excellent analytical, written and oral communication skills
• Prudent and practical judgment and high level of integrity
• Excellent organizational and project management skills
• Proactive in approach with ability to collaborate effectively; excellent interpersonal and client service skills
• Some management experience, or a desire to obtain management experience

About Bessemer Trust

Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

 

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

 

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

 

Key Facts:

• For 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices,