Compliance Officer, Risk and Controls

Independent Financial Group, LLC (IFG) an independent broker-dealer in San Diego, is currently seeking a Compliance Officer, Risk and Controls to join the team! In this role, you will be responsible for overseeing the risk management framework and internal control processes to ensure compliance with FINRA, SEC and industry's best practices. You will play a critical role in safeguarding the organization's assets and reputation while supporting strategic business objectives.

Founded in 2003, IFG provides an array of business solutions supporting more than 532 independent financial professionals across 377 offices nationwide. IFG was named among the "Fastest Growing Private Companies in the US" by Inc. 5000 in 2020, for the eighth time since 2010. San Diego Business Journal ranked IFG #7 among the Largest Private Companies in San Diego in 2022. IFG was ranked 19th Independent Broker-Dealer based off revenue in 2023 by Financial Planning Magazine. In 2024, IFG was ranked 16th largest among national independent broker-dealers by Financial Advisor Magazine, based on revenue.

Job Duties

• Develop, implement, and maintain the firm's inventory of internal controls in alignment with regulatory requirements.
• Conduct regular risk assessments and control evaluations to identify potential vulnerabilities and areas for improvement.
• Collaborate with various departments to ensure effective communication and understanding of risk management practices.
• Monitor compliance with FINRA rules and regulations, ensuring timely reporting and resolution of any compliance issues.
• Prepare and present risk and control reports to senior management.
• Oversee the execution of internal audits and risk assessments, ensuring proper follow-up on findings and recommendations.
• Stay updated on industry trends, regulatory changes, and best practices related to risk management and internal controls.
• Conduct surveillance and reviews of representatives' activities.
• Assist with management of remediation projects.
• Assist with general compliance duties

Qualifications

• 2+ years of experience in risk management, compliance, or internal controls within a financial services environment, preferably in a broker-dealer setting.
• In-depth knowledge of FINRA regulations, SEC rules, and other relevant regulatory requirements.
• Strong analytical skills with the ability to identify, assess, and mitigate risks effectively.
• Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proven ability to work independently and as part of a collaborative team.
• High level of integrity and professionalism, with a commitment to ethical conduct.
• Working knowledge of securities, products and services and financial planning concepts
• Ability to multi-task and prioritize
• Must be detail oriented
• Series 7, and 24 preferred (Successful candidates will have the opportunity to obtain registration)

Compensation

• IFG offers a competitive benefits package, including company-paid medical, dental and vision benefits, 401(k) matching, market-level compensation based on experience, a free on-site fitness center, and various employee events throughout the year.