Compliance, PWM Private Wealth Management Compliance, Associate / Vice President, Dallas

Global Compliance   Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.  

RESPONSIBILITIES AND QUALIFICATIONS

Job Summary & Responsibilities

Private Wealth Management (“PWM”) Compliance is responsible for supervising the business to ensure compliance with regulations and firm policies as well as assist with the implementation of new regulations and new systems / processes. The team covers many of the businesses within PWM that are constantly growing and changing.  We are looking for a team member who wants to be part of growing the business in new dimensions –  someone who is equal part visionary and executor. At times, the role will require you to navigate and problem solve with multiple teams and stakeholders. We look to those who possess sound judgement, curiosity, and are able to adapt to a changing regulatory landscape.

As a contributor within PWM Compliance, a successful candidate will be responsible for supporting and organizing Compliance’s involvement in various projects and processes as well as being the key Compliance contact for certain working groups and business lines while developing subject matter expertise in regulations applicable to the business. Additionally, the role will involve working in collaboration with the broader Compliance team in order to deliver high quality work products reflecting attention to detail and analytical prowess.

PWM Compliance is seeking an experienced Associate or Vice President to join our team.  In addition to the above, responsibilities may include:

• Interacting with the global PWM business and compliance teams on a daily basis
• Having knowledge and understanding of different rules and regulations and how they impact the PWM business
• Reviewing marketing materials that are used to pitch PWM products and services to clients
• Tracking, reviewing, and analyzing regulatory updates and assisting with implementing necessary changes across the business 
• Preparing supervisory meeting materials detailing key metrics and regulatory issues 
• Assisting with firm risk assessment processes for PWM business lines 
• Responding to different regulatory examinations and inquiries pertaining to PWM
• Developing and implementing policies, procedures and best practices for PWM 
• Managing various regulatory projects spanning multiple business lines and stakeholders

Basic Qualifications:

• Undergraduate degree
• 3+ years of relevant experience preferable
• Proficiency with Microsoft Word, Excel, and PowerPoint
• Excellent time management, analytical, and communication skills
• Integrity, motivation, intellectual curiosity, and enthusiasm
• Familiarity with financial industry products and markets, as well as corresponding rules and regulations

Preferred Qualifications

• Graduate degree in law, business, or other relevant program
• Outstanding graduate school and undergraduate credentials
• At least three years of relevant post-undergraduate work experience, or, if holding a Masters, PhD, MBA, JD or equivalent, one to two years of relevant experience

Skills and Characteristics:

An ideal candidate should:

• Have the ability to quickly grasp complex concepts, including global business and regulatory matters
• Exercise strong judgement and decision-making in a collaborative consensus-driven environment
• Be interested in and willing to develop expertise in legal, regulatory and compliance issues in the financial industry
• Have strong project management skills and ability to see a task to completion
• Possess excellent interpersonal skills - team player, able to forge relationships, build consensus, and influence decisions
• Work well under pressure and