About this Director, Corporate Compliance role at AssetMark
Job Description:
AssetMark is a leading strategic provider of innovative investment and consulting solutions serving independent financial advisors. We provide portfolio, business consulting, service, and support solutions that advisors use in helping clients achieve their business goals to service their clients.
Summary of Role
You will support the firm’s compliance program and will manage the compliance responsibilities related to new product initiatives and enhancements, marketing programs, and other strategic programs that seek to drive firm growth. You will regularly engage with product and marketing team members, attend meetings, and will provide guidance on all compliance items, such as regulatory risk and performance requirements. You will also manage related compliance responsibilities related to marketing and sales functions such as advertising, social media, and third-party marketing reviews. You will manage junior advertising review staff, and will help ensure all sales, client proposals and marketing materials are in compliance with internal policies and regulatory requirements. The role will also lead special projects and perform research as needed for other compliance program matters and will provide compliance guidance to senior business leaders as needed. The ideal candidate will possess all of the qualifications required for the job, including financial services industry experience. The candidate should be dependable, motivated, and be able to work under minimal supervision and meet demanding deadlines. This position reports directly to the VP, Corporate Compliance, and will meet frequently with the Investment Advisor Chief Compliance Officer, and other Compliance and Legal senior leaders.
We can consider candidates for this position who are able to accommodate a hybrid work schedule and are close to our Concord, CA or Charlotte, NC offices.
Key Responsibilities:
- Enhance compliance program and policies related to platform product oversight
- Identify risks within product creation process and initiate controls
- Develop, perform, and assist testing related to marketing and product initiatives, performance policies, and to ensure related processes are in compliance
- Advise Marketing and other business leaders on compliance with advertising requirements
- Manage junior marketing review staff
- Serve as lead compliance liaison with the marketing and product development teams
- Function as subject matter expert on marketing and advertising material review under Rule 206(4)-1 of the Investment Advisers Act of 1940, Rule 482 of the Securities Act of 1933 and relevant FINRA advertising rules
- Own compliance marketing review through marketing workflow system
- Own compliance marketing guide, related policies and procedures, and develop/update as needed
- Develop disclosures for marketing and advertising as needed
- Collaborate with investment and reporting teams regarding performance related matters
- Review certain policies and procedures relating to the Adviser. Ensure that such policies and procedures are up-to-date and reflect current operational practices
- Assist in coordinating regulatory examinations by federal regulators and internal audits. Ensure productive relationships with internal auditors and regulators
- Contribute to the development and implementation of internal training programs for the firm’s investment adviser and broker-dealer
- Work closely with Legal and follow through on issues pertaining to compliance efforts
- Ensure productive working relationships within AssetMark, striving to establish constructive relationships based on clear communication, mutual respect, understanding, and shared objectives
Qualifications:
- Minimum 10 years financial services experience, including direct experience with Investment Advisers Act of 1940
- Marketing/advertising review experience and a solid knowledge of the Advertising Rule 206(4)-1 is highly preferred
- Solid understanding of investment advisory products and processes
- Regulatory experience; audit experience a plus
- Bachelor’s degree required
- Exceptional attention to detail
- Demonstrates leadership, presentation, and project management skills
- Ability to interface effectively with management and team members
- Possesses strong verbal and written communication skills and strong interpersonal skills
- Ability to prioritize competing tasks and responsibilities
- Ability to drive results in a comprehensive manner taking into account time constraints
- Demonstrated success in working within processes, procedures and systems that optimize compliance and business results
- Highly analytical, organized, detail oriented, self-motivated, and capable of monitoring and completing a variety of projects simultaneously
- Advanced knowledge of Microsoft Office® (Word, Excel, PowerPoint, Outlook) as well as Adobe® Acrobat® Pro (PDF)
Compensation: The Base Salary range for this position is as follows:
Concord Salary Range:
$140,000 $156,000
Charlotte Salary Range:
$120,000 $134,500
This information reflects a base salary range that AssetMark reasonably expects to pay for the position based on a number of factors which may include job-related knowledge, skills, education, experience, and actual work location. This position will also be eligible for additional variable incentive compensation and competitive benefits.
Candidates must be legally authorized to work in the US to be considered. We are unable to provide visa sponsorship for this position.
#LI-hybrid
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Who We Are & What We Offer:
We are AssetMark, a company on the move, shaping the future of financial services. Growth is in our DNA. Every day, we combine technology, insight, and collaboration to create new possibilities for advisors, for our people and for our investors. At AssetMark your ideas matter; they’re heard, valued, and drive meaningful change. Join a team that sets new standards and creates space for you to thrive and do your best work.
Our Mission
Our mission is simple: to help our 10,500+ financial advisors make a meaningful difference in their clients’ lives. We do this by combining powerful technology, holistic support, and expert consulting to help advisors run stronger, more efficient businesses. Backed by a comprehensive suite of investment solutions and a trust company that boasts of $150B+ AUM, our platform empowers advisors to deliver exceptional service and an outstanding client experience.
Our Values
Heart. Client Success. Integrity. Respect. Excellence. Our values are how we show up every day.
We believe in:
Leading with Heart, in truly making a difference in the lives of others: teammates, clients, investors and communities.
Obsessing over Client Success, bringing a relentless focus on what matters to clients that sets us apart and creates loyal, lasting relationships.
Unyielding Integrity, doing what’s right, always. Even when it’s hard.
Collective Respect, in being authentic, inclusive and valuing all voices while winning together.
Operating with Excellence, in learning fast, continuously improving, innovating and collaborating to find new and better solutions.
These values shape our culture, guide our decisions, and define what it means to be part of the AssetMark family.
Our Culture & Benefits
Our culture brings our mission and values to life. Here, we do what’s right, embrace diverse ideas, and innovate together. We also offer a wide range of benefits to support you and your family—because thriving at work starts with thriving in life.
Flex Time or Paid Time Off and Sick Time Off
401K – 6% Employer Match
Medical, Dental, Vision – HDHP or PPO
HSA – Employer contribution (HDHP only)
Volunteer Time Off
Career Development / Recognition
Fitness Reimbursement
Hybrid Work Schedule
As an Equal Opportunity Employer, AssetMark is committed to building a diverse and inclusive workplace where everyone feels valued.