Chief Compliance Officer

About Verdence

Verdence Capital Advisors (VCA) is a $5 billion Registered Investment Advisor with 70 employees, serving ultra-high-net-worth families, business owners, executives, athletes, and entertainers. The firm provides comprehensive wealth management, including financial planning, portfolio strategy, alternative investments, estate planning, philanthropy, tax and legal coordination, and multigenerational legacy planning.

Explore our services, team and more here. 

About the Role

We're looking for a Chief Compliance Officer to build and own the firm’s compliance program end-to-end: someone who can manage our day-to-day compliance and regulatory obligations with rigor, support M&A efforts, and be a trusted voice with both internal and external stakeholders. 

You report to the COO and have direct access to the firm's senior leadership on any compliance matter.

What You'll Own

• Serve as the firm's designated Chief Compliance Officer under Rule 206(4)-7 of the Investment Advisers Act, responsible for the written compliance policies and procedures and for the annual review of how well they work.
• Advise the COO and senior leadership on regulatory risk, and report on testing results, exam findings, and open issues.
• Lead the firm's response to SEC examinations, regulator inquiries, and internal audits.
• Oversee compliance with the Marketing Rule, custody rule, Regulation S-P, Form ADV and Form CRS, and the firm's cybersecurity and business continuity requirements.
• Manage conflicts of interest and keep the firm's disclosures accurate and current.

What You'll Do Day to Day

• Review marketing materials, social media, and client communications before use.
• Run the code of ethics program, including personal trading pre-clearance and reporting, gifts and entertainment, and outside business activities.
• Test and monitor trading, billing, custody, and client account activity on a regular schedule.
• Prepare and file Form ADV amendments, Form CRS, state registrations, and other regulatory filings.
• Maintain the compliance calendar, books and records, and supporting documentation.
• Create scalable processes to support the firm’s growth.
• Train employees at onboarding and each year, and answer compliance questions as they come up.
• Conduct due diligence on vendors and manage relationships with outside counsel and compliance consultants.
• Track regulatory developments and turn them into practical firm policy.
• Partner cross-functionally with Operations and Learning & Development to embed compliance into the firm’s training.

Qualifications & Skills You'll Bring

• Ten or more years of compliance experience, with at least five at an SEC-registered investment adviser.
• Prior experience as a CCO, deputy CCO, or senior compliance manager at an RIA.
• Direct experience leading or supporting an SEC examination.
• Deep working knowledge of the Investment Advisers Act of 1940 and the rules under it.
• Bachelor's degree. Series 65 or 66 preferred. A law degree or compliance certification is a plus.
• Experience with private wealth, multi-family office, or ultra-high-net-worth client service is a plus.
• Comfort working hands-on across the full compliance program.
• Clear written and verbal communication. You can hold a firm line with senior colleagues and explain your reasoning.
• A genuine culture carrier, someone who raises the bar for how the people around them think and work
• Comfortable with ambiguity and the pace of a fast-growing company building something that hasn't been built before

Why Verdence

The compensation package for this position consists of a base salary (with eligibility for an annual bonus/commissions if applicable) as well as eligibility to participate in all company benefits offered by VCA. This includes, but is not limited to medical, dental, and vision insurance (all employer-paid), disability and life insurance, 401k, educational assistance, wellness reimbursement, PTO, holidays, and parental leave. The salary range for this position will be $150,000 to $225,000. Salary will be commensurate with experience, skills, credentials, and geographical location of each candidate. 

The team at VCA, and their diverse skills, experiences and backgrounds, drive our ongoing success. We are committed to providing equal employment opportunities to all employees and applicants for employment.