The Chief Compliance Officer (“CCO”) for Cole Capital Corporation (“CCC”) is responsible for ensuring that CCC has in place all processes necessary to establish, maintain, review, test and modify written compliance policies and written supervisory procedures reasonably designed to achieve compliance with FINRA rules, federal securities laws and regulations, and any applicable state laws and regulations. The CCO has responsibility for all compliance functions outlined in FINRA Rule 3130, and through technical excellence, business savvy, and the highest ethical standards, reinforces CCC’s uncompromising culture of compliance. The CCO plays an integral role not only in ensuring adherence by CCC and its associated persons with compliance processes and reporting requirements, but also in advising the Capital Markets group of Cole Real Estate Investments (“Cole”) in all areas and aspects of its operations. This advice must reflect expertise in the laws and regulations applicable to the Cole Capital Markets group, and experience and expertise in the manufacture, distribution, administration, and reporting associated with SEC-registered financial products, including but not limited to real estate investment trusts (“REITs”).
Essential duties include, but are not limited to, the following:
Assuming a leadership role in the Capital Markets group and partnering effectively with Sales, Marketing, and other Cole stakeholders to advance Cole’s mission with the highest ethical and compliance standards.
Ensuring adequacy and appropriate updating of all compliance procedures and documents, including but not limited to WSPs; AML compliance, procedures, and monitoring; office inspection procedures; compliance and supervisory oversight of all communications with the public and underwriting compensation related to REITs; due diligence for all CCC offerings; business continuity planning; and CCC’s training program and needs analysis.
Ensuring appropriate registration of all associated personnel of CCC and ensuring appropriate oversight and supervision of all associated personnel.
Designing and implementing effective Firm Element Continuing Education and Annual Compliance Meeting.
Ensuring CCC compliance with applicable regulatory requirements, including but not limited to books and records creation and maintenance, net capital, and FINRA rules.
Representing CCC with federal and state regulators and FINRA, as well as key trade associations and professional organizations.
Successfully managing all periodic and any special regulatory examinations of CCC.
Technical expertise in FINRA rules, SEC rules and regulations, and state rules and regulations applicable to broker-dealers
Wholesale broker-dealer compliance experience. Additional retail broker-dealer compliance experience is a plus.
Ability to prioritize and manage numerous issues and projects while being responsive to all internal and external stakeholders.
Experience with investment products such as mutual funds or variable annuities; experience with REITs a plus
Strong interpersonal and client management skills, with an emphasis on teamwork, communication, solution-based issue resolution.
Management experience, with a demonstrated track record of building high-performance compliance teams.
Strong academic credentials and superior writing and analytical skills
FINRA Series 7 and 24 licenses required
Education & Experience:
Bachelor’s Degree required
A Juris Doctorate and/or advanced degree preferred
At least 7 years in financial services industry.
Cole Capital Advisors - 20 months ago