Sr. Compliance Manager
Posted on 3/19/2024
Betterment

201-500 employees

Digital platform for guided investing and savings management.
Company Overview
Betterment stands out as a leading fintech company due to its comprehensive financial management services, including cash management, guided investing, and retirement planning, all under a fiduciary model, ensuring they act in the best interest of their clients. Their unique approach to investing, which utilizes low-cost ETFs and adjustable risk profiles based on individual goals and timelines, offers a competitive advantage in the market. Additionally, their culture of transparency and customer-centricity, as evidenced by their effortless sign-up process, goal-setting tools, and high-yield cash accounts, makes Betterment a desirable workplace for those passionate about making financial growth accessible to all.
Financial Services
Data & Analytics

Company Stage

Series F

Total Funding

$448M

Founded

2010

Headquarters

New York, New York

Growth & Insights
Headcount

6 month growth

9%

1 year growth

10%

2 year growth

9%
Locations
New York, NY, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Communications
CategoriesNew
Risk & Compliance
Legal & Compliance
Requirements
  • Compliance experience supporting and overseeing broker-dealer Capital Markets and/or Operations department activities
  • Thorough knowledge of FINRA and SEC rules and regulations governing broker-dealers, including best execution, trade reporting and trade allocation
  • Strong analytical and problem-solving skills, as well as the ability to exercise sound and balanced judgment
  • Ability to build effective relationships and develop strong partnerships across the business
  • A solutions-oriented mindset and organizational agility
  • Excellent writing and communication skills
  • A meticulous attention to detail
Responsibilities
  • Be a key partner to our Capital Markets Team and help ensure we meet our obligations regarding best execution, trade reporting and trade allocation
  • Be a key partner to our Operations Team and help ensure we meet our obligations regarding proxies, corporate actions, account transfers, escheatment, custody, segregation of client assets (Rule 15c3-3), reserve requirements and delivery of statements and trade confirmations
  • Execute second line compliance oversight of capital markets and operations activities
  • Help the business improve their processes, create efficiencies, and build new products
  • Develop the right monitoring and testing routings
  • Advise on a variety of topics including block trading, order routing, new products, services and other initiatives
  • Create and deliver training courses relevant to your areas of coverage
  • Help ensure that appropriate regulatory policies, procedures, and controls are established, maintained, and documented
  • Help with annual reviews of the firm’s compliance program
  • Provide support on regulatory and annual compliance examinations