Job Summary:
NewEdge Wealth is seeking a Vice President, Compliance to help oversee and enhance the firm’s compliance program. This role will work closely with the advisory, legal, operations, IT, and other support teams, ensuring the firm meets its regulatory obligations. The ideal candidate will have deep expertise in investment advisory compliance, with a strong understanding of the Investment Advisers Act of 1940 and related regulations. This individual will be responsible for both day-to-day compliance oversight and periodic/ad hoc compliance reviews, proactively identifying and mitigating risks. The role requires someone who can balance taking direction with demonstrating initiative and independent problem-solving. Prior experience working with Ultra-High-Net-Worth (UHNW) clients is preferred.
Responsibilities:
Assist in identifying rules and regulations applicable to the firm’s current and proposed advisory business;
Develop, implement, and enhance policies, procedures, and internal controls to mitigate compliance risks;
Oversee annual compliance reviews, risk assessments, and mock audits to ensure regulatory readiness;
Assist in new adviser transitions;
Develop the firm’s Anti-Money Laundering (AML) and Customer Identification Program (CIP) reviews;
Implement and enhance Know Your Customer (KYC) policies, ensuring proper due diligence and risk-based monitoring;
Review and approve marketing materials, performance presentations, social media, and website content for regulatory compliance;
Develop and conduct compliance training programs for employees on regulatory obligations, policies, and ethical standards;
Oversee trade monitoring, personal trading reviews, and code of ethics enforcement;
Ability to work independently across multiple clients and tasks simultaneously;
Ability to promptly escalate breaches in policies/compliance to superiors and/or clients;
Lead and mentor compliance team members, ensuring professional development and operational efficiency;
Excellent time management and organization;
Ability to work well in a fast-paced, small-team environment;
Ability to work independently, multi-task and prioritize effectively;
Strong oral and written communication skills; and
Highly motivated and goal oriented, volunteers for and shows initiative on tasks and projects.
Skills & Qualifications:
10+ years of experience in Investment Advisor Compliance, with a deep understanding of the Investment Advisers Act of 1940.
Strong knowledge of SEC regulations, Form ADV, marketing rules, trading practices, and risk management.
Experience working with RIA firms, wealth management platforms, private fund advisers, or multi-asset investment managers.
Excellent analytical, communication, and leadership skills, with the ability to effectively advise senior management and stakeholders.
Experience with regulatory examinations, risk assessments, and compliance audits.
Bachelor’s degree required; JD, CPA, CFA, or relevant compliance certification (e.g., IACCP) preferred.
