Regulatory Counsel chez Populus Financial Group

The Regulatory Counsel is responsible for ensuring compliance with assigned federal, state, and local government laws and regulations as well as providing support to the Compliance Department.  

Major Responsibilities 

• Manage compliance assigned jurisdictions.  This includes managing regulatory licenses for the business and quality assurance for regulatory changes and new financial products and services by working closely with the Vice President of Compliance and Regulatory Counsel and applicable business units.

• Oversee and participate in the state regulatory examination process by preparing and reviewing production, drafting regulatory correspondence, analyzing regulatory examination findings to determine the root cause of errors, and recommending and managing corrective and preventive courses of action.

• Assist in the development of controls to implement compliance related changes, remediate past compliance violations, and avoid potential compliance violations in the future as part of a team with the Information Systems (“IS”), Operations, Marketing, Product, and Legal Departments.

• Manage assigned portion of the overall Compliance Management System, including, but not limited to, reviewing diligence materials, managing third-party audits, monitoring trends, and implementing risk-based review systems.

• Review company product documents, communications, training, and advertising materials for regulatory compliance issues.  

• Enhance both District Manager and Internal Audit programs based upon issues that arise out of examinations, regulatory complaints, regulatory changes, new products, or other developments.

• Assist in development and delivery of training to remediate compliance issues identified and to avoid future compliance violations.

• Advise leadership on compliance trends and opportunities.

• Assist in drafting and maintaining risk assessments, policies, and procedures.

• Present virtually and/or in-person on assigned compliance topics.

• Perform other related duties as requested.

Key Competencies   

• Organized

• Excellent communication skills, written and verbal

• Strong attention to detail

• Business acumen across all products and services and internal systems

• Ability to collaborate and build relationships with multiple departments

• Customer service oriented

• Manage shifting priorities with hard deadlines and multiple tasks with limited supervision

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the major responsibilities.

While performing the duties of this job, the employee is regularly required to sit, stand, or walk; use hands to finger, handle, or feel; reach with hands and arms; stoop or bend; and talk or hear. The employee must occasionally lift and/or move up to 50 lbs.  Must have appropriate vision to see up close, and at a distance with ability to adjust vision and focus.  

Position Type/Expected Hours of Work

This is a full-time position, days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. CT. This position might require after hours and weekend work.

Travel

N/A

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The noise level in some work environments can be moderate.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted, as a comprehensive inventory of all duties, responsibilities, qualifications required of employees assigned to this job.

EEO Statement

Populus Financial Group is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. In compliance with applicable law, Populus Financial Group does not discriminate against any applicant or employee on the basis of race, color, religion, creed, sex, sexual orientation, gender (including gender nonconformity and status as a transgender or transsexual individual), national origin or ancestry, ethnicity, age, physical or mental disability, citizenship, past, current, or prospective service in the uniformed services, genetic information, pregnancy status, or any other protected classification.   This policy applies to all terms and conditions of employment, including, but not limited to, hiring, training, promotions, discipline, compensation, benefits, and termination of employment.