VP Compliance & Chief Compliance Officer Empower Advisory Group

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 Chief Compliance Officer of Empower Advisory Group, LLC (EAG) leads an organization of Compliance professionals and oversees compliance activities for EAG and the Empower Personal Wealth business line.  These responsibilities include both investment advisory compliance and broker-dealer compliance related to the activities of Empower Personal Wealth. 

The VP Compliance & CCO of Empower Advisory Group, LLC (EAG) will have overall responsibility for compliance for the Empower Personal Wealth business division. This includes responsibility for leading a team of compliance professionals who provide advice and guidance to this business division, surveillance, and other compliance functions. 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 for providing advice to retail clients including compliance with Regulation Best Interest and regulatory requirements for fiduciary duty. This role will drive change and transformation necessary to succeed in a dynamic regulatory environment and enable the growth strategies of the Empower Personal Wealth business line.

What you will do

• Oversee the management, development, implementation and maintenance of the EAG and Empower Personal Wealth compliance program 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 in order 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 in order to ensure regulatory compliance and protect investors, but also brings 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 securities, broker- dealer, and investment advisory industries and work 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 collaborate with senior business partners and other stakeholders to mitigate these risk/exposures.

• What you will bring

• Bachelor's degree required, legal degree a plus.

• 15+ years of compliance experience, with at least three years in retail advisory Compliance or Legal within the past seven years. 

• Significant retail wealth management experience in the industry with deep knowledge of industry best practices.

• FINRA 7, 24, and 65/66 registrations preferred within corporate-established timelines.

• FINRA fingerprinting required.

• A business leader and compliance leader with a reputation and track record operating with the highest ethical standards.

• Ability to anticipate regulatory trends and issues and develop an organizational roadmap to align with these trends.

• Strong people leadership skills with the ability to manage a broad team; hire and retain talent; mentor, coach and nurture junior employees and drive and encourage team members to grow and succeed.

• A strategic thinker with strong analytical ability, superb judgment and strong operational understanding of broker dealers, and financial advisory companies.

• Ability to analyze and interpret complex and multifaceted issues and present findings clearly and succinctly to "C" and Board level audiences.

• Willingness to lead and collaborate with all levels of leadership in a dynamic environment with evolving regulations, policies and procedures and strong business line growth.

• Unquestionable integrity; leads and communicates with transparency. Is decisive; drives to the appropriate decision quickly.

• No history of any regulatory findings or sanctions

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer •  Drug-free workplace

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

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