VP Compliance & Chief Compliance Officer Empower Capital Management

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 Compliance & CCO for Empower Capital Management, LLC (ECM) and Empower Funds, Inc. leads an organization of compliance professionals.  The team oversees compliance activities for;

• Empower Funds, Inc., which is an open-end investment company offering more than forty mutual funds and individual funds across the spectrum of asset classes;

• ECM, which serves as an investment advisor to Empower Funds, Inc.;

• registered Separate Accounts, and

• the Empower Investments business line. 

This role leads a team of compliance professionals who provide advice and guidance to the Empower Investments business division; provide quarterly briefing and reporting to the fund and adviser boards; and execute advisor program requirements including required regulatory filings such as Form ADV, policy and Code of Ethics management, and sub-advisor and service provider due diligence.  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. 

What you will do

• Oversee the management, development, implementation and maintenance of the compliance program for each of the above entities 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 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 to ensure regulatory compliance and protect investors, bringing 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 investment advisory industry and working 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 collaborating with senior business partners and other stakeholders to mitigate these risk/exposures.

QUALIFICATIONS:

• Bache