We are looking for a Chief Compliance Officer who will play a crucial role in ensuring that Vise operates in compliance with all applicable laws, regulations, and industry standards. You will work closely with other departments to identify potential compliance issues and develop corrective action plans. This role requires a strong understanding of SEC regulations, including the Investment Advisers Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934, as well as knowledge of industry best practices.
As a leader of the compliance team, you will have the opportunity to develop and implement compliance programs and policies, develop and deliver company-wide compliance training, and manage regulatory examinations and audits. You will also be responsible for reviewing and approving marketing and advertising materials to ensure compliance with SEC regulations. This role requires excellent written and verbal communication skills, as well as the ability to work independently and as part of a team. If you are passionate about compliance and enjoy working in a fast-paced, collaborative environment, this role is for you.
What you will own
- Develop and maintain a comprehensive compliance program that includes policies, procedures, and controls designed to ensure compliance with SEC regulations, including but not limited to the Investment Advisers Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934
- Monitor and evaluate the firm's compliance with applicable laws, regulations, and internal policies and procedures
- Conduct annual 206(4)-7 risk assessment to identify potential compliance risks and develop mitigation strategies
- Review and approve marketing and advertising materials to ensure compliance with SEC regulations, including Rule 206(4)-1 under the Investment Advisers Act of 1940
- Develop and deliver compliance training for employees and ensure that all employees are aware of the company's policies and procedures
- Own and manage regulatory examinations and audits and prepare responses to regulatory inquiries and requests for information
- Conduct periodic reviews of the firm's operations to identify potential compliance issues and develop corrective action plans
- Work closely with other departments, to ensure that compliance issues are identified and addressed
What you bring on day one
- 10+ years of experience in compliance within the financial services industry
- Strong knowledge of SEC regulations, including the Investment Advisers Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934
- Prior FinTech or AI experience
- Bachelor's degree in business, finance, or a related field—or comparable experience
- Excellent written and verbal communication skills
- Ability to work independently and as part of a team
- Attention to detail and strong analytical skills
Personal qualities
- Detail-oriented: must pay close attention to detail to ensure that the company operates in compliance with all applicable regulations and standards
- Analytical: must be able to analyze complex regulations and identify potential compliance risks
- Excellent time management skills: balances multiple projects and deadlines, effectively prioritizes tasks, and stays focused and productive under pressure
- Embraces data and technology: must be comfortable learning new systems and tools, and enjoy optimizing them to maximize efficiency and reporting capabilities
- Strong communication skills: must have excellent written and verbal communication skills to effectively communicate with employees, regulators, and other stakeholders
- Collaborative: must work closely with other departments to identify and address compliance issues
- Self-motivated: must be able to work independently and take initiative to identify potential compliance issues
- Strong ethical values: must have strong ethical values and a commitment to upholding the highest standards of integrity and professionalism
- Adaptable and flexible: able to thrive in a fast-paced environment, adjust priorities as needed, and pivot strategies in response to changing circumstances without losing sight of changing regulations and industry standards
- Continuous learner: must be committed to continuous learning and staying up-to-date with regulatory requirements and industry best practices
- Problem-solver: must be able to identify potential compliance issues and develop effective solutions to address them
Through the internal and market data Vise has collected, we expect the salary range for this position to be $225,000 - $275,000 per year, plus a competitive equity package. Your actual compensation will be determined based on your skills, qualifications, and experience. In addition, Vise offers a wide range of comprehensive and inclusive employee benefits.
About Vise:
Vise is an artificial intelligence (AI) powered asset management platform designed specifically for financial advisors to build, manage and explain personalized portfolios. In today's world, AI is driving personalization across various industries, enhancing the way we shop, consume content, and engage with technology. Embracing this trend, Vise is leading the charge to bring this level of personalization to how we invest. Vise ushers in Wealth 3.0, moving beyond mutual funds and ETFs to offer personalized and automated portfolios.
By harnessing the power of AI, Vise enables financial advisors to create tailored investment strategies that cater to each client's unique financial needs and goals.Financial advisors are at the heart of this transformation, as their relationships with clients are essential to understanding and meeting each client's unique financial needs. With Vise, advisors can focus on nurturing these relationships instead of spending time building and managing portfolios. Our platform empowers advisors to create institutional-grade, personalized portfolios, automate their management, and explain valuable insights that enhance their expertise and service to clients.
Vise is the outsourced sub-advisor, doing trading, rebalancing, and managing client portfolios fully automated on the advisor's behalf; Vise charges an AUM fee for its services. Our exceptional New York team comprises world-class Ph.D. quants, investment researchers, and engineers with experience at industry-leading firms like Citadel, Blackrock, Stripe, and Stanford. Combining top financial and engineering talent, we pride ourselves on delivering products faster and understanding our customers' needs better than anyone else in the market.
Vise has garnered the support of prominent venture capital firms, raising over $130M from Sequoia Capital and Founders Fund, among others.Vise celebrates and embraces diversity and is committed to building a team that represents a variety of experiences, backgrounds, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, gender identity, gender expression, sexual orientation, non-disqualifying physical or mental disability, national origin, veteran status, or other applicable legally protected characteristics.
