Compliance Senior Specialist

About the role

An estimated $124 trillion of assets will be inherited by younger generations in the next two decades. Robinhood Asset Management (“RAM”) is a digital-first investment advisor responsible for delivering investment advice to its rapidly growing client base. The Compliance Specialist will help create and champion a culture of compliance for a new investment advisory business activity at the pre-launch and development stage.

What You’ll Do

• Develop, administer, and operationalize the regulatory framework around a new business activity, including implementation of supervisory and operational policies and procedures.
• Be a primary resource for operations, customer service and business teams, and across Robinhood’s affiliated companies.
• Conduct testing, surveillance, audits and exams, risk assessments, and annual reviews to validate supervision and controls are in place, and procedures are accurate.
• Research and respond to regulatory inquiries, exams and audits, complaint resolution, and client inquiries.
• Identify potential areas of compliance vulnerability and risk, propose solutions to resolve issues, and provide guidance for future avoidance of similar issues.
• Build essential workflows that achieve requirements including testing for books and records, establish proper information barriers, and identify conflicts of interest.
• Foster a culture of professionalism, client advocacy, and regulatory guidance within a fast-paced atmosphere of innovation and collaboration across several teams.
• Demonstrate strong subject matter expertise, while allowing for out-of-the-box thinking, with a goal of providing superior client experience.
• Work as a team, supporting compliance needs across RAM when needed.

What You Bring

• 5-10 years compliance experience with an investment adviser
• Deep understanding of SEC Investment Advisers ‘40 Act and FINRA and regulations
• Demonstrated written, verbal, and presentation skills to communicate ideas and information in a clear, concise manner
• Exceptional organizational skills with an ability to think critically, solve problems, and implement process improvements
• Self-starter who pays close attention to the details
• Awareness to spot and identify issues and proactively take steps to resolve
• Trustworthy, highly-motivated, multi-task oriented, and ability to thrive in an entrepreneurial environment, while pushing products and projects toward the finish line