The Chief Compliance Officer (“CCO”) is responsible for overseeing all aspects of the compliance program for Cedar Brook Group to include our Corporate RIA and manage our on-going relationship with Securities America, Inc.
What we can offer you:
In this leadership role, you will develop and administer policies and procedures which are designed to prevent violations of the federal securities laws and serve as the primary contact for coordinating regulatory inquires and examinations.
What your day looks like:
• Overall compliance responsibility for Cedar Brook Group and all Affiliates (CBG).
• Monitoring controls to oversee compliance by the various business units with the policies and procedures and evaluating the effectiveness of those policies and procedures as well as the related monitoring controls.
• Execute and enhance initiatives to demonstrate the strength and sustainability of CBG’s compliance program, including:
A. Using a risk-based approach, conduct ongoing compliance reviews and surveillance to evaluate and test for compliance with applicable rules, regulations, and policies
B. Develop and maintain a compliance calendar
C. Develop and recommend workable action plans for correcting material weaknesses identified in the written supervisory procedures
D. Develop and maintain key risk and performance metrics and reporting
E. Assess inherent risks and conflicts of interest to ensure policies and procedure address identified risks and conflicts of interest
• Develop and implement transactional, periodic, and forensic testing programs to assess the adequacy of the policies and procedures.
• Oversee the Firm’s Code of Ethics, including oversight of employee personal securities trading.
• Participate in monitoring of investment guidelines for clients of the Firm.
• Update and file the Firm’s Form ADV (Parts 1, 2, and 3).
• Oversee the Firm’s compliance training program, including appropriate training for new employees as well as ongoing training for all employees.
• Review all marketing materials and communications to ensure consistency with applicable regulations.
• Keep up to date with new regulatory requirements and ensure communication of best practices/new rules to appropriate staff within the Firm.
• Provide reports on a regular basis, and as directed or requested, to keep senior management informed of the operation of the compliance program and compliance efforts.
• Actively participate in Firm committees. Coordinate agenda and meeting materials as requested. Take minutes as requested.
• Manage relationships with certain vendors and conduct appropriate due diligence on all vendors.• Conduct and document an annual review of CBG’s compliance program. Prepare and submit annually a written report to management as well as the Board on the operation, adequacy, and effectiveness of the compliance program’s policies and procedures which support Rule 206(4)-7.
• Relevant compliance experience as a CCO, or similar, of a Registered Investment Advisor and/or Registered Representative firm, including at least 2 years supporting a compliance program under the Investment Advisers Act of 1940. Experience developing, monitoring, and enforcing appropriate policies and procedures.
• Fluent in SEC-registered investment adviser rules and regulations, including the Investment Advisers Act of 1940, and the ability to apply that knowledge strategically in light of changing regulation and business initiatives.
• Willing to confront difficult issues and challenge others when necessary. Strong negotiating and conflict resolution skills.
• Proven ability to identify, solve, and prevent compliance issues.
• Ability to communicate and escalate issues to management clearly and effectively.
• Collegial and collaborative approach working effectively with others to build strong professional relationships.
• Outstanding written and verbal communication skills with demonstrated ability to think analytically and strategically to solve problems and implement solutions.
• Outstanding organizational skills, including prioritizing and follow-up.
• Ability to handle competing demands and priorities.
The person fulfilling this senior leadership position as CCO of Cedar Brook Group will be expected to interact with all advisors, associates, and staff of our firm, as well as the leadership of Cedar Brook Group. This position will help lead the firm’s “Culture of Compliance” and report directly to the CEO.
This person will also be primarily responsible for managing the company’s relationships with our key strategic compliance partner, RIA in a Box.
About Cedar Brook Group
At Cedar Brook Group, we’ve created a motto to summarize both our belief system around financial planning, and the culture we celebrate in our firm every day. We call it The Humanity FactorTM.
In our observation, when smart people reach out for help with their financial affairs, they often walk head-on into a wall of confusion. They’re seeking clarity and confidence and instead they’re often met with the exact opposite.
We believe it’s because, over time, the industry has convinced consumers that planning is about numbers first and mostly. It’s the classic conversation of “when do you want to retire and how much do you need a year?” The conversations can feel hollow, making it tough to get grounded about what you’re hearing, and whether it makes sense for you personally.
The Humanity Factor represents our commitment to celebrating clients as the central figures in their own planning. We believe that in doing so, together we can achieve unprecedented results.
Please see our website: https://cedarbrookfinancial.com/ for full disclosure. Third-party comments may not be representative of all client experiences.