Head of Compliance

Betterment is a smart automated investing service that provides optimized investment returns for individual, IRA, ROTH IRA, and rollover 401(k) accounts. Its technology enables users to manage their investments in a customized, diversified portfolio. Charging a management fee of 0.25%, the company’s mobile app enables users to access, view, share, and review their portfolio’s activities as well as deposit and withdraw money from anywhere, anytime.

You are an experienced compliance professional eager to lead at a cutting-edge robo-adviser that is both an investment advisor and broker dealer. You know the rules inside and out and understand how to build out effective and intelligent processes and procedures. You have a business mind, and are always seeking new and improved ways of doing things. You have the confidence and ability to work productively with our regulators and internal team, and can communicate clearly and persuasively. You have extensive experience with both Broker-Dealer and Investment Adviser operations. But, most importantly, you are driven to build a best-in-class compliance department. You don’t want to do things the old ways--you want to improve. You want to build a team and organization you can be proud of, one that changes the way people think about compliance operations.

* Lead our compliance organization, providing guidance and support to various teams and senior management throughout the organization * For both our investment advisor and broker-dealer entities, ensure that appropriate regulatory policies, procedures and controls are established, maintained and well documented * Develop and deliver training and communications on compliance policies and procedures to ensure proper understanding of regulatory related risks and responsibilities * Take ownership of all ongoing compliance review processes, including annual meetings, Form ADV and Form BD filings, FINRA Rule 3120 report and Rule 3130 certification, licensing requirements for relevant personnel, U4/U5 filings, Rule 206(4)-7 reviews, and investment advisor marketing compliance * Work with our broker dealer team to manage KYC process and AML program, and risk control framework, written supervisory procedures, and review and filing of customer complaints and suspicious activity reports * Manage and coordinate SEC and FINRA regulatory examinations, including written responses * Partner with the Legal team to analyze changes to regulatory requirements and proactively manage regulatory developments * Become an industry thought leader as we grow and expand our business

**You Will Be Effective If You Have:** * A minimum of 8 years experience as a compliance professional at a SEC-registered investment advisor, broker-dealer, or regulator (diversity of experience strongly preferred) * Thorough knowledge of the rules and regulations surrounding SEC-registered investment advisors * Experience with rules and regulations applicable to investment advisers and broker-dealers. * Substantial experience managing regulatory audits * Excellent writer and communicator * The ability to roll up your sleeves and get your hands dirty * Series 7, 24, 27, 63 **Bonus Points If You Have:** * Proven track record: has either been a CCO or the number two compliance professional for a SEC-registered investment advisor and FINRA member broker-dealer * Juris Doctor preferred * Familiarity with operations of broker-dealers subject to 15c3-3 * Experience with OATS reporting, Regulation SHO/Regulation NMS