Hayden Royal, a federally-registered investment adviser, provides independent wealth advisors with a foundation to help them build generational legacies on behalf of their clients. With access to a network of elite industry professionals and the leading technology solutions, our advisors can focus solely on growing their business and providing quality advice.
Hayden Royal is seeking a Chief Compliance Officer (CCO) to join its growing team. The CCO is responsible for the implementation and ongoing oversight of the compliance program required by Rule 206(4)-7 of the Investment Advisers Act of 1940. The CCO, with appropriate professional support, will conduct risk-assessments and internal audits, as well as Portfolio Testing, Email and Correspondence Surveillance and Advertising and Social Media Reviews, etc. The CCO will also interface directly with the U.S. Securities Exchange Commission. Thus, the ability to work independently and handle multiple projects and clients simultaneously is essential.
The ideal candidate will be expected to:
• Create, distribute and monitor compliance documents i.e. Code of Ethics, Business Continuity Plan, etc.
• Review and approve internal and external marketing correspondence.
• Plan and schedule inspections of branch and non-branch locations. Analyze data obtained from inspections and prepare written inspection reports.
• Monitor accounts, their suitability and risk and trading.
• Execute e-mail surveillance and administration of e-mail review system.
• Identify potential areas of compliance vulnerability and risk, develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
• Maintain up-to-date Form ADV submissions for firm and branch.
The successful candidate will have:
• Bachelor’s Degree or equivalent.
• 8-10 years experience in Financial Services.
• Served as a CCO or in a compliance function for a Registered Investment Adviser (RIA).
• Familiarity with the Investment Advisers Act of 1940.
• Strong organizational skills, attention to detail and the ability to problem solve.
• Ability to handle multiple projects simultaneously.
• Familiarity with Regulatory Filings.
• Regulatory Examination experience, preferred (state or federal).