Junior Compliance Analyst

Altruist

Altruist

IT, Legal
Los Angeles, CA, USA
Posted on Thursday, June 20, 2024

About Altruist

Altruist is a fast growing fintech company that's transforming the financial advice industry. Our mission is to make financial advice better, more affordable, and accessible to everyone. We’re a modern custodian built exclusively for registered investment advisors (RIAs). As we disrupt legacy custodians and revolutionize the $100T RIA market, we're seeking exceptional individuals to join our team. If you embody our core values of kindness, brilliance, and grit, and are passionate about making a meaningful impact, we want to hear from you!

About the position

Altruist is entering an exciting phase and we are seeking a Junior Compliance Analyst to join our team at Altruist, a self-clearing broker-dealer. The successful candidate will play a pivotal role in ensuring that the organization adheres to regulatory requirements and implements effective compliance programs. As a member of our compliance team, you will be responsible for overseeing internal reviews, monitoring activities, and promoting a culture of compliance within the organization

What you’ll do

  • Assist in the development and implementation of our compliance policies and procedures in accordance with SEC, FINRA, and state rules and regulations
  • Employee registration and termination fillings
  • Complaint monitoring
  • Aid in the maintenance of processes and procedures to comply with FINRA Rule 3130
  • Assist in the development of compliance training programs for employees at all levels
  • Foster a culture of compliance through educational initiatives and ongoing awareness campaigns
  • Prepare and submit required reports to regulatory bodies accurately and within established deadlines
  • Maintain comprehensive and up-to-date documentation of compliance activities, internal reviews, and risk management processes

What you’ll bring

  • Bachelor's degree in Business, Finance, Law, or a related field. Advanced degrees or professional certifications (e.g., CRCM, CAMS, CFE) are a plus
  • At least 2 years of brokerage experience. Experience in a compliance role within a self-clearing broker-dealer is a plus
  • Understanding of basic FINRA rules and regulations, registration process, and complaint process
  • Series 7
  • Series 24 is a plus
  • Excellent communication, collaborative and interpersonal skills with the ability to engage effectively with stakeholders at all levels
  • Ability to adapt to a dynamic regulatory environment and implement effective compliance strategies accordingly
Los Angeles, CA salary range
$62,000$90,000 USD

Benefits

  • Competitive salary and stock options
  • Premium Healthcare, Dental, and Vision insurance plans
  • Generous paid parental leave
  • 401(k) savings plan with matching contributions
  • Flexible paid time off

Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.