Broker/Dealer Compliance Analyst

Virtus Investment Partners, Inc.

Location: Hartford, CT or Remote

ABOUT THE TEAM:

Legal and Compliance provides decision support to facilitate the operations of the business and minimize company risk and exposure. In addition, the General Counsel serves advises the company’s Board of Directors on all securities, litigation, regulatory, and corporate governance matters.

Legal includes a team focused on managing the overall legal affairs of the company, including corporate governance, SEC filings and regulatory matters, and support for transactions and special project, as well as an investment advisory team that provides legal support for investment products, manages governance affairs for fund complex and fund boards, and supports fund and strategic initiatives.

Compliance supports and encourages an environment of high ethical standards and integrity throughout the company focused on corporate, broker-dealer, fund compliance, and chief compliance officers at each investment adviser.

JOB SUMMARY:

The Compliance Analyst will be key part of the VP Distributors, LLC Broker Dealer compliance team that assists Vitus Investment Partners to mitigate regulatory risk exposure to the organization by enforcing company policies, procedures, and performing regulatory requirements.

This position will be based in Hartford, CT, and will work a hybrid schedule of three days in the office per week with changes as business needs arise.

ESSENTIAL DUTIES & RESPONSIBILITIES:

-Review Virtus electronic and printed sales material, requests for proposals, due diligence questionnaires, white papers, etc. for compliance with applicable laws, rules and regulations, and for consistency with prospectus and Form ADV disclosures.

-Provide clear guidance to submitters as necessary to bring material into compliance for final approval. assuring that FINRA comments are integrated into sales materials. Negotiate with FINRA Advertising Regulation analysts and management when needed.

-Perform other broker/dealer compliance responsibilities such as Anti-Money Laundering, regulatory inquiries, training, including Firm Element CE, compliance orientations for new employees, control reviews, and other ad-hoc projects and meetings as needed.

-Conduct branch and non-branch regulatory inspections in accordance with requirements and review schedule. Address compliance issues with remediation plans and provide written assessments.

-Complete email and social media monitoring assignments. Follow-up with the respective parties and obtain responses on non-compliant communications.

-Monitor, review and assess regulatory changes that may impact the business. Update policies, procedures and controls as necessary.

-Provide training to internal and external wholesalers in broker-dealer compliance matters, firm policies and procedures, and sales material and email compliance, through new employee orientations and ongoing reminders and training sessions.

-Provide accurate and timely responses to questions from wholesalers and Sales management relating to their interactions with their third-party clients on meetings, non-cash compensation, and other compliance-related matters.

-Attend and monitor Sales calls and meetings for compliance with applicable rules and regulations and firm policies. Raise issues detected with Compliance and Sales management.

SPECIFIC QUALIFICIATIONS:

-Bachelor’s degree or the equivalent combination of education and experience is required.

-5 - 7 years of compliance experience, regulatory, risk management or audit experience in the investment advisory/asset management/mutual fund business.

-FINRA Series 7 and 24 Licenses required.

-Knowledge and experience with various types of investment products and investment platforms. Possess understanding of equity, fixed income, and other asset classes.

-Thorough knowledge of FINRA rules, FINRA’s Communications with the Public and Non-Cash Compensation rules. Knowledge of SEC rules, regulations and interpretations regarding investment company and investment adviser sales material, including the Investment Adviser Marketing Rule.

-Excellent oral, written and negotiation communications skills; must be able to write effectively, present analysis and conclusions in a persuasive manner and communicate effectively with all levels of the organization.

-Must be proficient in MS Office (Outlook, Word, Excel, PowerPoint) and able to develop proficiency in Virtus systems and vendor applications as required to perform the duties of this position.

-Some limited travel may be required.

Salary Range: $76,000- $104,000

The starting salary offer will vary based on the applicant’s education, experience, skills, abilities, geographic location, internal equity, and alignment with market data.