Managing Director, Business Risk Management Executive, Wealth Custody & Clearing Job at Confidential, Boston, MA

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  • Confidential
  • Boston, MA

Job Description

Managing Director, Business Risk Management Executive, Wealth Custody & Clearing

About the Company

Expanding provider of investment management, research & trading services

Industry
Financial Services

Type
Public Company

Founded
1792

Employees
10,001+

Categories

  • Financial Services
  • Investment Management
  • Consulting & Professional Services
  • B2B
  • Asset Management
  • Boston
  • Finance
  • Insurance
  • Publicly Traded
  • Angel Investment
  • Banking

Specialties

  • investment management
  • custodian
  • etf
  • financial products
  • fund accounting
  • relationship management
  • research
  • trading
  • and investment servicing

Business Classifications

  • B2B

About the Role

The Company is in search of a Business Risk Management Executive with a focus on Wealth Custody and Clearing. The successful candidate will serve as the primary FINRA compliance Subject Matter Expert for the development and ongoing supervision of an introducing broker-dealer. This pivotal role involves leading the design, implementation, and enhancement of the compliance program to ensure strict adherence to FINRA, SEC, and other relevant regulatory frameworks. The BRME will be responsible for all aspects of the business's compliance, including serving as the main point of contact for regulatory matters, leading the response to examinations and audits, and proactively monitoring and updating compliance programs to address new requirements. The role also requires the ability to advise executive leadership on compliance risks, conduct risk assessments, and oversee the remediation of control gaps. Candidates for this role at the company should possess deep, hands-on expertise in FINRA and SEC regulations, broker-dealer compliance, and risk management, ideally gained from experience in G-SIFI organizations, broker-dealers, or large public accounting firms. Strong critical thinking, problem-solving, and decision-making skills are essential, as is the ability to identify and communicate risk and control themes to senior management. The ideal candidate will have a proven track record as a FINRA compliance SME, including direct involvement in the build, registration, and oversight of an introducing broker-dealer. A background in global leadership, industry certifications, and experience with risk assessments and control design are also key qualifications. The role demands a leader with the ability to collaborate across multiple stakeholders and a strong focus on regulatory compliance and broker-dealer operations.

Hiring Manager Title
COO

Travel Percent
Less than 10%

Functions

  • Finance
  • Business Development
  • Strategy
Confidential

Job Tags

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