Destination Wealth Management
Senior Compliance Analyst
Destination Wealth Management, Walnut Creek, California, United States, 94598
Position Summary
The Senior Compliance Analyst supports and enhances the firm’s compliance program under the direction of the CCO. This individual ensures adherence to the Investment Advisers Act of 1940, related SEC rules, and the firm’s fiduciary obligations to clients. The Senior Compliance Analyst plays a key role in monitoring, testing, and maintaining the effectiveness of compliance controls, as well as advising business partners on regulatory requirements affecting the firm’s wealth management operations.
The ideal candidate has approximately five years of relevant compliance experience within an SEC-registered investment adviser. Familiarity with ERISA and compliance considerations related to retirement plan clients is a plus.
Key Responsibilities Compliance Program Management
Maintain and enhance compliance policies and procedures consistent with Rule 206(4)-7 under the Advisers Act.
Conduct ongoing testing and monitoring of advisory activities, including client account reviews, trading oversight, and conflict of interest controls.
Support the annual compliance program review, risk assessment, and documentation processes.
Assist with oversight of personal trading, gifts and entertainment, political contributions, and outside business activity reporting.
Regulatory Filings & Documentation
Prepare and maintain Form ADV (Parts 1 and 2), Form CRS, and other required filings.
Assist all departments with maintenance of compliance records in accordance with Rule 204-2 recordkeeping requirements.
Assist with regulatory examinations and audits, including data gathering and response coordination.
Marketing & Client Communications
Review marketing and advertising materials, presentations, and website content for compliance with the SEC Marketing Rule (Rule 206(4)-1).
Ensure disclosures related to fees, performance, and conflicts of interest are accurate and complete.
Collaborate with marketing and client service teams to promote compliant communication practices.
Client & Account Oversight
Conduct periodic reviews of client accounts for investment guideline adherence and fiduciary compliance.
Support oversight of conflicts of interest, including compensation structures and affiliated relationships.
Assist with due diligence reviews of third‑party managers, custodians, and service providers.
ERISA & Fiduciary Compliance (Preferred)
Assist in development and implementation of written policies and procedures relating to ERISA.
Develop educational and training materials for the firm as it relates to compliance considerations for ERISA plan clients.
Stay informed on DOL fiduciary rules and prohibited transaction exemption requirements.
Training & Compliance Culture
Develop and deliver compliance training on key regulatory topics and firm policies.
Create educational content across all compliance areas in the firm.
Promote a strong culture of ethics, compliance, and accountability across the firm.
Qualifications Required
Bachelor’s degree in Finance, Business, Law, or related field.
Approximately 5 years of compliance or legal experience within an SEC-registered investment adviser or similar institution.
Strong understanding of the Investment Advisers Act of 1940, including marketing, fiduciary duty, and recordkeeping obligations.
Experience reviewing marketing materials under the SEC Marketing Rule.
Excellent communication, analytical, and organizational skills.
Preferred
Knowledge of ERISA and retirement plan fiduciary requirements.
Experience with compliance monitoring systems and portfolio management tools.
Key Attributes
Integrity and discretion in handling sensitive information.
Ability to interpret and apply complex regulations in a practical manner.
Detail‑oriented and highly organized, with strong follow‑through.
Collaborative, proactive, and able to work independently in a fast‑paced environment.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Legal
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The ideal candidate has approximately five years of relevant compliance experience within an SEC-registered investment adviser. Familiarity with ERISA and compliance considerations related to retirement plan clients is a plus.
Key Responsibilities Compliance Program Management
Maintain and enhance compliance policies and procedures consistent with Rule 206(4)-7 under the Advisers Act.
Conduct ongoing testing and monitoring of advisory activities, including client account reviews, trading oversight, and conflict of interest controls.
Support the annual compliance program review, risk assessment, and documentation processes.
Assist with oversight of personal trading, gifts and entertainment, political contributions, and outside business activity reporting.
Regulatory Filings & Documentation
Prepare and maintain Form ADV (Parts 1 and 2), Form CRS, and other required filings.
Assist all departments with maintenance of compliance records in accordance with Rule 204-2 recordkeeping requirements.
Assist with regulatory examinations and audits, including data gathering and response coordination.
Marketing & Client Communications
Review marketing and advertising materials, presentations, and website content for compliance with the SEC Marketing Rule (Rule 206(4)-1).
Ensure disclosures related to fees, performance, and conflicts of interest are accurate and complete.
Collaborate with marketing and client service teams to promote compliant communication practices.
Client & Account Oversight
Conduct periodic reviews of client accounts for investment guideline adherence and fiduciary compliance.
Support oversight of conflicts of interest, including compensation structures and affiliated relationships.
Assist with due diligence reviews of third‑party managers, custodians, and service providers.
ERISA & Fiduciary Compliance (Preferred)
Assist in development and implementation of written policies and procedures relating to ERISA.
Develop educational and training materials for the firm as it relates to compliance considerations for ERISA plan clients.
Stay informed on DOL fiduciary rules and prohibited transaction exemption requirements.
Training & Compliance Culture
Develop and deliver compliance training on key regulatory topics and firm policies.
Create educational content across all compliance areas in the firm.
Promote a strong culture of ethics, compliance, and accountability across the firm.
Qualifications Required
Bachelor’s degree in Finance, Business, Law, or related field.
Approximately 5 years of compliance or legal experience within an SEC-registered investment adviser or similar institution.
Strong understanding of the Investment Advisers Act of 1940, including marketing, fiduciary duty, and recordkeeping obligations.
Experience reviewing marketing materials under the SEC Marketing Rule.
Excellent communication, analytical, and organizational skills.
Preferred
Knowledge of ERISA and retirement plan fiduciary requirements.
Experience with compliance monitoring systems and portfolio management tools.
Key Attributes
Integrity and discretion in handling sensitive information.
Ability to interpret and apply complex regulations in a practical manner.
Detail‑oriented and highly organized, with strong follow‑through.
Collaborative, proactive, and able to work independently in a fast‑paced environment.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Legal
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