Chief Compliance Officer—Registered Investment Advisor

About Us
World Insurance Associates is a unique insurance and professional services organization offering top products and services from major providers, combined with attentive service from local agents.
Founded in 2011, World is one of the fastest-growing insurance brokers in the U.S. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions.
Pensionmark Financial Group is a nationally recognized financial services firm dedicated to providing the industry’s premier independent retirement plan and Investment Advisory services to employers, executives, and individual investors. Collectively, Pensionmark supports $76B assets1 across 65 offices and 310 team members.
Position Objective, Typical Duties and Responsibilities
Pensionmark Financial Group is looking to hire a Chief Compliance Officer—Registered Investment Advisor. This position will be responsible for leading and overseeing all aspects of the Investment Advisory compliance program for our RIA affiliates. Your primary focus will be on ensuring adherence to regulatory requirements, mitigating risk, and fostering a culture of compliance within the organization. You will collaborate closely with advisors, branches, and other departments to provide strategic direction and pragmatic solutions. Your efforts will contribute to the continuous improvement and enhancement of our compliance processes to adapt to evolving regulatory landscapes.
Additionally, you will serve as the primary liaison for regulatory examinations and investigations, providing expertise and guidance to navigate such processes effectively. By leveraging your strong risk assessment and mitigation skills, you will play a critical role in driving sound business decisions and resolving compliance-related issues efficiently. Ultimately, you will be instrumental in upholding the integrity and reputation of the company’s RIA affiliates while ensuring adherence to the highest standards of compliance and ethics.

• Responsible for all aspects of the Investment Advisory compliance program for RIA affiliates of World Insurance Associates, LLC (World RIAs) including oversight of: (1) policy/procedure creation, testing, and risk assessment, (2) preparing for regulatory exams, (3) preparing for and performing field audits as applicable and (4) surveillance of the firm’s sales, operations, and investment management practices, (5) regulatory filings, including Form ADV, Form 13F, Form 13H, U4s, and U5s, and (6) employee compliance training
• Administer World RIA’s Code of Ethics and ensure compliance issues are addressed appropriately.
• Provide collaborative compliance consulting and direction to advisors and branches.
• Provide a tactical and risk-weighted compliance point-of-view, as well as create pragmatic and effective compliance processes.
• Continue to improve and build a strong compliance program that ensures compliance with ever changing regulatory requirements, including oversight for testing and reporting under the Investment Advisers Act Rule 206(4)-7.
• Coordinate all regulatory examinations and investigations of World affiliated RIAs by the SEC and serve as the primary compliance liaison for World affiliated RIAs with the SEC.
• Participate as a member of the World Financial Services Compliance leadership team in setting and executing strategic objectives. Translate strategy into results with ability to work collaboratively with multiple departments. Drive resolution of identified issues to ensure policies and procedures remain compliant between formal assessments.
• Provide technical advice or serve as a subject matter expert across the organization.
• Use strong risk assessment and mitigation skills to collaborate with business owners and make risk-astute business decisions.
• Assist with any potential civil litigation, arbitration, and mediation involving World RIAs and its representatives.

Position Requirements

• Bachelor’s degree plus 10+ years of compliance experience in the financial services industry. Preferred experience working with a Turnkey Asset Management Program. JD or MBA would be considered in lieu of some experience.
• Experienced in building, implementing, and maintaining a risk-based compliance program for a growing SEC registered investment adviser including testing and monitoring infrastructure.
• Highly experienced with Investment Advisor, general securities, and insurance products/services.
• Deep expertise in numerous regulatory regimes (state insurance and securities departments, SEC, FINRA, MSRB, IRS and DOL).
• Proven record of leadership, strategic thinking, building positive relationships, and successful collaboration with business partners.
• Strong talent leader with experience in developing, mentoring, and motivating compliance personnel through selection, training, performance review, salary administration, and development plans.
• Experience working in a mid to large financial organization is preferred.
• Must have excellent organizational, analytical, problem solving, presentation, written and oral communication skills.
• Must have intermediate PC skills and be experienced with adviser software programs such as Orion, Salesforce, custodian platforms, as well as filings systems such as Edgar and FINRA. Experience with Basis Code and Red Oak is a plus. [We would customize]
• Meticulous attention to detail with the ability to maintain work with a high degree of accuracy and must be able to maintain a high degree of confidentiality.
• As an executive officer of World RIAs this position is subject to SEC restrictions on personal political contributions, personal securities transactions, and gifts & entertainment.

Compensation
The salary for this position generally ranges between $115,000-$140,000. This range is an estimate, based on candidate qualifications and operational needs. The firm also has a bonus program.
Perks & Benefits

• 401(k) with Employer Match
• Health Insurance (with HSA option)
• Dental Insurance
• Vision Insurance
• Life Insurance
• Generous Paid Time Off Policy
• Paid Mental Health Days
• Flexible Spending Account (FSA)
• Healthy Work/Life Balance
• Maternity/Paternity Leave Policy
• Remote Work Opportunity

Stimulating Environment
At Pensionmark, we strive to provide a challenging, stimulating environment for the best and brightest in the industry. We believe our employees can best serve our clients and advisors in an atmosphere where individuals are treated fairly, where professional growth is fostered and encouraged, and where a healthy balance between work and home life is respected and preserved. We promote a friendly and collaborative work environment. We are motivated by team camaraderie and are obsessed with doing the right thing for clients.
Team-Oriented
Professionals typically work together in teams with multiple people from different departments to meet our clients’ needs. Our junior staff works with their team members to develop the skills and knowledge to succeed and assume more senior level positions as they progress at our firm. We welcome team members from different backgrounds with different perspectives to help us innovate and make a difference for our customers and our communities.
Why Pensionmark?

• Great company culture with an awesome team-oriented atmosphere!
• Mentorship Opportunities
• Ability to serve on different internal steering committees (Charitable Giving, DEI, Social, etc.)
• Professional growth opportunities
• Friendly and collaborative work environment
• Employee perks including fun team building opportunities, yoga/wellness, charitable giving/volunteering

Equal Employment Opportunity
Pensionmark Financial Group is an equal opportunity employer. We believe the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging. Pensionmark is committed to equality and deeply believes in diversity, sexual orientation, gender, race, religion, ethnicity and other qualities that makes us all different.
1As of December 31, 2022, the Pensionmark network of advisors and firms collectively provides support to over $76.1 billion in assets across a variety of channels including investment management and retirement plan consulting services. This includes regulatory assets under management (AUM) of over $18.2 billion.

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