Position: Compliance Consultant
Overview of XYPN:
XY Planning Network (XYPN) is the leading organization for fee-only financial advisors who want to serve their Gen X and Gen Y peers providing comprehensive financial planning services for a monthly subscription fee and without product sales or asset minimums. The Network offers a virtual community for awesome new and established financial advisors who want to serve a younger clientele, and provides its members with compliance support services, marketing support, business tools and templates, and a wide range of technology solutions.
Our motto? We do good work, with good people, for good people. Our team is passionate about supporting the best in the business!
XY Planning Network is headquartered in the heart of Bozeman Montana's historic & vibrant downtown. We like to keep our work environment fun and relaxed, while accomplishing our mission. We also pride ourselves on inclusivity, diversity, and respect for each and every team member -- along with each member in our network. We want XYPN to be somewhere you WANT to come to work each and every day, and where every team member plays an intricate part in building and maintaining that culture.
XYPN is looking for an experienced Compliance Consultant that is is familiar with RIA compliance, including state, SEC, and FINRA regulatory statutes, policies and procedures and industry best practices. This Compliance Consultant will need to be familiar with state audit practices and interpretations, and have some experience with ongoing compliance task management using a system of recurring tasks. In addition, the ideal candidate will be an effective communicator and will exhibit the ability to quickly interpret guidance provided by advisers, and create action items based on conversations with a firm’s Chief Compliance Officers. The Compliance Consultant will provide support on projects currently executed by XYPN Compliance team, and will be responsible for delivering ongoing services under our premium service offerings. In addition, the Compliance Consultant will provide audit support for virtual and onsite mock examinations, as needed. The Compliance Consultant will be responsible for answering firm compliance questions via email and through weekly compliance office hours sessions.
The ideal candidate possesses sufficient compliance knowledge to assist with high-level RIA firm compliance questions, is comfortable being on the phone often, and will be proficient with organizational call scheduling/call tracking. The Compliance Consultant must communicate effectively in both verbal and written forms, be a meticulous note-taker, and possess the ability to follow processes, while suggesting changes to existing processes when inefficiencies are identified.
We’re looking for a teammate that is passionate about financial planning and the mission of XYPN, and embraces our core values. The ideal candidate enjoys a collaborative working environment, and is ready to be an active contributor on the team of a growing startup. We hire folks that are great at what they do and don’t need to be micromanaged. Accordingly, we expect team members to be willing to exert themselves when necessary to ensure the job gets done in the most effective way possible, in pursuit of advancing our vision of expanding access to financial planning for consumers through expanding the reach of financial advisors.
In summary, the Compliance Consultant is a technician focused role within XYPN’s Compliance Team, designed to provide ongoing compliance service and support directly to our members and their firms. You will be communicating with our members regularly to provide exceptional ongoing compliance support through email, a compliance forum, group office hours calls, and direct one on one phone calls. You will work alongside a growing, rockstar compliance team and will report to our Director of Compliance, Travis Johnson.
You can see the entire XYPN team HERE.
What would make us drool:
Experience overseeing IAR’s in an RIA in some capacity
Has been a Compliance Officer for an RIA or taken on similar responsibilities
Has previous experience communicating with multiple state securities regulators
Compensation & Benefits:
Salary: $67,472 - $74,219, depending on level of accountability that one is able to take on from the start
401K (4.5% match on 6% contribution)
Paid health insurance
8 paid holidays
Open vacation policy (Required to take a minimum of 3 weeks per year)
Please see our Dream Team Handbook for a full list of benefits
Relocation package available, if applicable