Compliance Associate

The Compliance Associate will support the Chief Compliance Officer (CCO) in managing the firm's compliance program(s), to ensure the firm adheres to regulatory standards set by the Securities and Exchange Commission (SEC) and other applicable authorities. This includes monitoring and reporting on the Code of Ethics, testing compliance related policies and procedures, and working with the CCO, employees, outside counsel, and compliance consultants to ensure effective compliance program oversight.
 
MAJOR JOB ACCOUNTABILITIES:
 
- Required Filings: Assist in the preparation, maintenance, and filing of regulatory documents such as Form ADV, Form U-4/U-5, and other filings as needed.
 
- Audits:

- Assist in performing annual compliance program reviews; support periodic mock regulatory exams; aid in responding to regulatory inquiries and examinations from the SEC and other regulatory bodies.
 
- Work with internal and external auditors throughout the year by providing financials, reconciliations, and other requested information.
 
- Compliance Testing and Policy Implementation:
 
- Conduct routine and ad hoc compliance testing, including employee personal trade reporting reviews, ensuring brokerage account electronic feeds are correctly maintained, and ensuring ongoing compliance responsibilities identified in the compliance calendar are addressed and resolved.
 
- Assist in maintaining policies and procedures designed to prevent violations of federal securities laws, including personal trading, insider trading, outside business activities, gifts and entertainment, political contributions, and electronic communications.
 
- On-going Compliance Duties:
 
- Track and monitor regulatory updates to ensure compliance with new or amended laws, rules, and regulations.

- Assist in conducting and documenting compliance-related employee training.

- Scan and file documents, review statements and transaction activity, and maintain the firm(s) compliance calendar. 

- Perform other supervisory and compliance functions as needed.

REQUIRED SKILLS:

- Bachelor's degree; 1 to 3 years of experience in compliance or related role, preferably with an SEC registered investment adviser.

- Strong analytical and organizational skills, with attention to detail and accuracy; ability to handle sensitive information confidentially and professionally.

- Experience using personal computer systems required with an excellent knowledge of Microsoft Word and Excel. Ability to use standard office equipment. Proficiency with Compliance Alpha, Salesforce, and Tamarac platforms is advantageous.

- Position requires regular contact with diverse groups internally and externally in supplying or seeking routine information. Must have excellent written and verbal communication skills.

- Work is under general supervision where standard practices enable the employee to operate alone on routine tasks, referring questionable situations to the CCO.

- Compliance certifications (e.g., IACCP, CRCP, etc.) or willingness to obtain within 24 months is a plus.
 
SPECIFIC PHYSICAL REQUIREMENTS:
 
Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required.
 
WORKING CONDITIONS:
 
Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.
 
Work includes little or no potential exposure to hazardous conditions.
 
Must be able to travel to remote company and/or client locations.
 
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification.  They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Compensation Information
At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location. Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.