Jobs Trivia | Pick a Job for Your Career
Website Robinhood
Job Description:
Robinhood Financial (“RHF”) is Robinhood’s retail broker/dealer and is looking for a Regulation Best Interest (“Reg BI”) and FORM CRS Compliance Advisor to own the day to day program operations. This position will be part of the RHF Compliance Team and collaborate cross-functionally to ensure compliance this particular compliance program including but not limited to: trainings, conflict-of-interest management, and various other touchpoints for new and existing business initiatives. This individual will test and coordinate policies, procedures, processes, help with firm governance, while leading all aspects of the day-to-day operations of this program. Additionally, this role will work with colleagues and supervisors to identify and make recommendations for appropriate improvements of the newly crafted compliance program.
In this role, you will be accountable for compliance management and providing cross-functional collaboration for improving program efficacy. This person will have familiarity with standard of care, “best interest” monitoring, testing, responding to regulatory inquiries, representing the interests of the Reg BI program during regulatory examinations, and implementing compliance controls specific to the following areas: disclosure delivery and updates, procuring related approvals, working with teammates to draft and implement policies and procedures, handling materials for conflicts-of-interest management and governance, preparing metrics and reports for firm oversight committees, and understanding how this program intersects with automated investment recommendations. You will also monitor new regulatory considerations as it relates to new FAQs and regulatory findings which may impact our current program. The successful candidate will proactively collaborate with partners on regulatory and industry standard methodologies to improve our existing program in a fast-paced, ambiguous environment.
Job Responsibilities:
- Administrate and operationalize the Reg BI compliance program
- Cross-functional collaboration in the management of firm’s Conflict-of-Interest Management Program and Governance
- Oversight, testing and supervision and related underlying methodology to ensure in compliance with Regulation Best Interest and Form CRS
- Providing drafts of updated disclosures for material changes at firm
- Keep track of regulatory findings and changes impacting the program
- Implement compliance controls related to Reg BI and FORM CRS compliance
- Collaborating with other compliance teams to ensure appropriate procedures, books and records, and minutes are maintained
- Cross-collaborate with internal audit, business and legal counterparts to find areas to strengthen our program
- Various “ad hoc” assignments as needed
Job Requirements:
- Bachelor’s degree in a relevant field of study or equivalent experience
- 10+ years of broker/dealer proven experience with 8+ years in compliance related roles
- Experience in supervision of models associated potentially subject to monitoring and compliance reviews
- Series 7 and 63
Job Details:
Company: Robinhood
Vacancy Type: Full Time
Job Location: Orlando, FL, US
Application Deadline: N/A
jobstrivia.net