Chief Compliance Officer

Posted: 05/08/2019
Full Time
Phoenix, AZ
The Chief Compliance Officer (“CCO”) for CCO Capital, LLC (“CCOC”), a limited purpose Broker-Dealer and subsidiary of CIM Group, is responsible for ensuring that CCOC has in place all processes necessary to establish, maintain, review, test and modify written compliance policies and written supervisory procedures reasonably designed to achieve compliance with FINRA rules, federal securities laws and regulations, and any applicable state laws and regulations. The CCO has responsibility for all compliance functions outlined in FINRA Rule 3130, and through technical excellence, business savvy, and the highest ethical standards, reinforces CCOC’s uncompromising culture of compliance. The CCO plays an integral role not only in ensuring adherence by CCOC and its associated persons with compliance processes and reporting requirements, but also in advising management in all areas and aspects of the Broker-Dealer’s operations. This advice must reflect expertise in the laws and regulations applicable to the Broker-Dealer, and experience and expertise in the manufacture, distribution, administration, and reporting associated with SEC-registered financial products, including but not limited to REITs.
Essential duties include, but are not limited to, the following:
  •  Assuming a leadership role and partnering effectively with Sales, Marketing, Operations, Accounting, IT and other stakeholders to advance CCOC’s mission with the highest ethical and compliance standards
  • Ensuring adequacy and appropriate updating of all compliance procedures and documents, including but not limited to WSPs; AML compliance, procedures, and monitoring; office inspection procedures; compliance and supervisory oversight of all communications with the public and underwriting compensation related to REITs; due diligence for all CCOC offerings; business continuity planning; and CCOC’s training program and needs analysis
  • Ensuring appropriate registration of all associated personnel of CCOC and ensuring appropriate oversight and supervision of all associated personnel
  • Designing and implementing effective Firm Element Continuing Education and Annual Compliance Meeting
  • Ensuring CCOC compliance with applicable regulatory requirements, including but not limited to books and records creation and maintenance, net capital, and FINRA rules
  • Representing CCOC with federal and state regulators and FINRA, as well as key trade associations and professional organizations
  • Successfully managing all periodic and any special regulatory examinations of CCOC
  • Skills:
  • Technical expertise in FINRA rules, SEC rules and regulations, and state rules and regulations applicable to broker-dealers
  • Institutional Sales and Wholesale broker-dealer compliance experience. Additional retail broker-dealer compliance experience and RIA compliance experience is a plus
  • Ability to prioritize and manage numerous issues and projects while being responsive to all internal and external stakeholders.
  • Experience with investment products such as mutual/interval funds, fixed annuities and REITs a plus
  • Strong interpersonal and client management skills, with an emphasis on teamwork, communication, solution-based issue resolution.
  • Management experience, with a demonstrated track record of building high-performance compliance teams
  • Strong academic credentials and superior writing and analytical skills
  • Education, Professional Designation & Experience:
  • Bachelor’s Degree required
  • A Juris Doctorate and/or advanced degree preferred
  • At least 10 years in financial services industry
  • FINRA Series 7 and 24 licenses required
  • CIM does not accept unsolicited resumes from Agencies.  Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid.  If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.