Chief Compliance Officer - Wealth Management
Canaccord Genuity LLCChief Compliance Officer, CG Wealth Management USA
Summary:
Canaccord Genuity (CG) is a leading independent full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. CG is driven by an unwavering commitment to building lasting client relationships – we achieve this by generating value for our individual, institutional, and corporate clients through comprehensive investment solutions, brokerage, and investment banking services. We are the leading independent wealth management firm in Canada, and the leading mid-market provider of investment banking advisory, equity research, sales and trading services for corporations and institutions.
We pride ourselves on understanding our clients’ needs and finding innovative, tailored solutions. Our entrepreneurial and friendly team will challenge you to learn and grow every day. We value great work and collaboration and strive to eliminate bureaucratic thinking. We’re looking for talented people who thrive in a fast-paced environment and want to have an impact with innovative ideas and best practices.
We are looking for a Chief Compliance Officer to join our Canaccord Genuity Wealth Management USA team, a retail affiliate of Canaccord Genuity Corp, based in Boston or New York. Reporting to the Chief Compliance Officer - Canada, this role will serve as a strategic advisor to senior leadership, balancing regulatory obligations with business objectives while fostering a strong culture of compliance and ethical conduct across the organization.
Responsibilities:
- Design, implement and maintain an effective compliance program aligned with US regulatory requirements.
- Oversee policies and procedures governing Registered Investment Advisor, Broker -Dealer and related wealth management activities.
- Ensure ongoing compliance with applicable laws, rules, and regulations, including fiduciary standards where applicable.
- Act as a trusted advisor to executive leadership on compliance, regulatory and risk matters through thought leadership to think and act globally, harmonizing global, regional, and local objectives.
- Oversee compliance monitoring, surveillance, and testing programs to identify and mitigate risks.
- Ensure timely escalation and resolution of compliance issues, including root cause analysis and remediation.
- Manage regulatory examinations, audits, and inquiries, including coordination with regulators.
- Track and interpret regulatory developments and assess their impact on the business.
- Lead a robust team of Compliance professionals within a matrixed Compliance program.
- Lead the identification and implementation of regulatory change management, ensuring policies, procedures, and training are updated accordingly.
Skills & Qualifications:
- To be licensed as a Chief Compliance Officer (prior completion of Series 14, or completion of the SIE, Series 7 and Series 24 exams).
- A university degree (preferably a graduate degree or JD).
- Minimum of 5 to 10 years registration with FINRA and/or SEC as a Chief Compliance Officer.
- 10 to 15+ years of experience in wealth management compliance and 5+ years of experience in leading teams.
- Experience leading compliance programs in a US retail broker-dealer and registered investment advisor (subject to SEC, FINRA and state regulatory oversight).
- Knowledge of both the policy and practical application of compliance systems, with direct experience of regulated businesses, products, and services in various controls-based environments.
- Proactive, collaborative and solutions-oriented mindset in issues management and efficiency driven opportunities incorporating proven firm best practices.
- Motivated leader with a team-based mindset, building teams and collaborative relationships.