Regulatory Affairs Specialist - Financial Services
FirstSource Team is a full-stack career and financial advisory firm based in Minneapolis, MN with satellite offices around the US. Our unique approach combines expert career coaching with financial stability strategies, helping our clients secure their dream jobs while planning for a stable retirement.
Job Description:
We're seeking a detail-oriented Regulatory Affairs Specialist to ensure compliance in our marketing programs and to help develop compliant inter-organizational offerings. This role will focus on our Tactical Management product and our referral partnerships with financial planning firms and family offices.
Key Responsibilities:
- Develop and maintain compliant marketing programs for our financial products and services, including our "tactical management" approach
- Create and implement policies and procedures to ensure regulatory compliance across all marketing channels
- Review and approve marketing materials, website content, and client communications for regulatory compliance
- Collaborate with the marketing team to develop compliant strategies for promoting our services and partnerships
- Design and oversee the implementation of a compliant referral system for clients who prefer hands-on money management services from partner firms
- Stay current on federal and state regulations affecting financial advisory services, annuities, and referral partnerships
- Conduct regular compliance audits and risk assessments of our marketing and referral processes
- Develop training programs to educate staff on regulatory requirements and compliance best practices
- Liaise with legal counsel on complex regulatory matters
- Manage relationships with regulatory bodies and represent the company in regulatory inquiries or examinations
Qualifications:
- Bachelor's degree in Law, Finance, Business Administration, or related field (Master's or J.D. preferred)
- 5+ years of experience in regulatory compliance within the financial services industry
- In-depth knowledge of SEC, FINRA, and state regulations governing financial advisory services and annuities
- Familiarity with regulations surrounding referral partnerships and revenue sharing in financial services
- Strong understanding of marketing compliance in the financial sector
- Excellent analytical and problem-solving skills
- Superior written and verbal communication skills
Desired Qualities:
- Ability to balance regulatory requirements with business objectives
- Proactive approach to identifying and mitigating compliance risks
- Strong attention to detail and commitment to accuracy
- Ability to work collaboratively across departments
- Adaptability in a fast-paced, evolving regulatory environment
- Interest in innovative financial products and services
What We Offer:
- Competitive salary commensurate with experience
- The opportunity to develop and own industry leading products
- Professional development opportunities and potential for career growth
- Collaborative work environment with opportunity for remote work
- Chance to shape compliance strategies in an innovative, growing firm
To Apply: Please submit your resume, a cover letter detailing your relevant experience in financial services compliance, and any applicable certifications. Successful candidates will be invited for an initial interview and may be asked to complete a case study on regulatory compliance in financial marketing.
FirstSource Team is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
We can't wait to hear from you.
