VP Compliance & Chief Compliance Officer Empower Advisory Group

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The VP Chief Compliance Officer of Empower Advisory Group, LLC (EAG) leads an organization of Compliance professionals and oversees compliance activities for EAG and the Empower Personal Wealth business line.  These responsibilities include both investment advisory compliance and broker-dealer compliance related to the activities of Empower Personal Wealth. 

The VP Compliance & CCO of Empower Advisory Group, LLC (EAG) will have overall responsibility for compliance for the Empower Personal Wealth business division. This includes responsibility for leading a team of compliance professionals who provide advice and guidance to this business division, surveillance, and other compliance functions. This strategic leader will interact frequently with business leaders at all levels of the organization. The primary focus includes development and operation of a compliance program that meets the regulatory requirements for providing advice to retail clients including compliance with Regulation Best Interest and regulatory requirements for fiduciary duty. This role will drive change and transformation necessary to succeed in a dynamic regulatory environment and enable the growth strategies of the Empower Personal Wealth business line.

What you will do

• Oversee the management, development, implementation and maintenance of the EAG and Empower Personal Wealth compliance program and ensure the company’s compliance with all applicable federal and state regulations and corporate policies.

• Provide management and leadership to the compliance organization with primary focus on engaging and building a high-caliber team; training and developing the team; ensuring a strong bench; mentoring and developing junior talent to succeed; and being a champion of the culture of Empower and the importance of a world-class compliance organization.

• Partner with other Compliance leaders who are responsible for Corporate Compliance functions in order to manage, develop, document and maintain a compliance program that includes: risk assessments; development and maintenance of applicable policies, procedures, and guidelines; and monitoring, testing and reporting protocols that are appropriately tailored to prevent, detect and correct specific compliance risks.

• Serve as a key member of the Compliance leadership team, collaborating to strategically define a vision for a more mature Compliance function, and executing tactical steps required to realize that vision and mature the Compliance function.

• Provide valued partnership to the business and challenges as needed in order to ensure regulatory compliance and protect investors, but also brings a collaborative approach to solving problems.

• Present regularly to the governance committees of the firm.

• Manage, develop, document and maintain effective controls designed to monitor the effectiveness of the compliance program.

• Ensure and support adequate review of the appropriateness of the compliance system and procedures and implement necessary remediation for any identified deficiencies.

• Monitor and communicate regulatory developments in the securities, broker- dealer, and investment advisory industries and work with the firms’ leadership regarding the impact of such developments.

• Monitor compliance with all policies/guidelines and regulations of federal and state governing bodies, internal policies and procedures and the firm’s strategic objectives.

• Work seamlessly with senior leadership partners to develop, implement and enforce policies, procedures, standards and controls that support existing business operations as well as future strategic product and service initiatives.

• Maintain or establish risk-based strategies for identifying and prioritizing compliance related risks and collaborate with senior business partners and other stakeholders to mitigate these risk/exposures.

• What you will bring

• Bachelor's degree required, legal degree a plus.

• 15+ years of com