Fiducient Advisors opened its doors on May 1, 1995 striving to provide unparalleled and customized investment consulting services. Our clients include retirement plan sponsors, nonprofit organizations, private clients, and financial institutions. We abide by a fiduciary obligation to put our clients’ interests first.
Fiducient Advisors seeks an experienced and detail-oriented Chief Compliance Officer (“CCO”) to join our fast-growing firm with offices across the nation. The CCO plays a critical role for the firm, alongside their Leadership Team colleagues. This role is responsible for overseeing all aspects of the firm’s compliance – institutional and private wealth business lines. The CCO is a solutions-oriented leader who is willing and able to roll up their sleeves and direct the continued evolution of the firm’s compliance programs. This role provides value through working closely with Leadership and the firm’s Partnership to instill and nurture a culture of compliance. The CCO also plays a vital role in collaborating with firm Partners and Executives on all facets of our strategic business initiatives that drive new efficiencies to mitigate risk and help clients prosper.
• Oversight and administration of compliance functions and policies, including the day-to-day operations of the Compliance Team
• Development, execution, and management of all new compliance strategies and initiatives, including the new Marketing Rule
• Management of the annual compliance review process – updating compliance policies and procedures, manuals, and best practices
• Hire, train, develop, and review the performance of the Compliance Team, and determine the optimal evolution of roles, responsibilities, and accountabilities
• Accountable for the execution, accuracy, negotiations and overall supervision of client contracts
• Manage the compliance review of all marketing materials: RFP’s, whitepapers, etc.
• Ongoing review and assessment of new regulatory developments for all business lines
• Maintain awareness and understanding of ERISA impacting the firm’s business
• Lead firm compliance training and ensure adequate cyber security training is conducted and completed
• Identify and anticipate potential risks, chair the Risk Committee, and lead risk management activities
• Develop internal testing for employee adherence to firm policies
• Maintain and build trusted relationships with essential business partners, colleagues, and key stakeholders
• Develop and administer a robust internal audit procedure and manage the regulatory exam process
• Interface with an external compliance consultant on an as-needed basis
• Support the strategic review of future M&A activity
• Ensure adherence to complex privacy and confidentiality laws for individuals
• Bachelor’s degree required – a law degree is a plus
• Ten (10) years of a generalist compliance background in retirement planning, endowments, foundations, reserves, wealth management, and financial institutions – a deep understanding of institutional investments is preferred
• Knowledge and experience in ERISA
• Experience with SEC and DOL audits is a plus
• Proficiency in Microsoft Suite is required
• Detail-oriented with a high level of accuracy and organization
• Leadership skills, with steadfast resolve and personal integrity
• Ability to diagnose problems quickly and have foresight into potential issues
• Proactive communicator with excellent oral and written communication skills
• Resourceful and comfortable working independently
• Strategic business partner at all levels of leadership
• Success managing and optimizing teams of people
• A mindful and respectful approach to a culture of compliance
• Thoughtfully driven, accountable, and able to check your ego
• Less than 5-10% of travel for training and business events
• This role works in a professional office environment located in downtown Chicago (tentatively remote due to the COVID-19 pandemic)
• This role routinely uses standard office equipment such as computers, phones, and photocopiers
The physical demands described here are representative of those that must be met by an associate to perform the essential functions of this job successfully:
• Sitting, particularly for sustained periods of time
• Regularly required to speak and hear
• Frequently required to stand, walk, use hands and fingers, handle or feel and reach with hands and arms
• Ability to lift up to 25 pounds
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
Fiducient Advisors provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Why Choose Fiducient Advisors?
Headquartered in Chicago’s financial district with additional offices in Hartford, Austin, Washington, DC, Boston, Los Angeles and Portland (ME), the firm strives to provide impartial, cost effective investment consulting to plan sponsors, nonprofit organizations and private clients. Seasoned professionals make use of leading edge technology to deliver a variety of services including: investment policies, performance evaluation, asset allocation analysis, administrative/trustee search, asset liability analysis, spending policies, manager/fund search, cost/benefit analysis. The firm prides itself on the level of service it provides to each client and a proactive approach. Fiducient Advisors is an equal opportunity employer committed to fostering a diverse workforce; women and minority candidates are especially encouraged to apply.