Compliance Manager

Who We Are

Ellevest is a fast-growing, venture-backed financial services start-up built by women, for women. Our mission is to get more money in the hands of women, no matter where they’re starting or how far they’ve come. We started by building the only gender-aware online investing platform that takes totally un-ignorable realities (like pay gaps, different salary curves, and women’s longer lifespans) into account. Then we added banking, learning, and money and career coaching services for Ellevest members, plus a full-service private wealth management service that helps high net worth people, families, and institutions align their financial power with their values.

Ellevest was co-founded by Wall Street veteran Sallie Krawcheck after she realized that the financial services industry was built by men, for men, systemically leaving women behind. During her Wall Street days, she served as CEO of Smith Barney, CEO of Merrill Lynch Wealth Management, and CFO of Citi. Ellevest has raised over $90MM from investors including Rethink Impact, Pivotal Ventures, Valerie Jarrett, Salesforce Ventures, PayPal Ventures, MasterCard, Khosla Ventures, Morningstar, and Venus Williams.

Diversity, Equity & Inclusion

Ellevest is an equal opportunity employer and we value diversity at our company. Data shows that diverse teams are more innovative, make better decisions, and lead to greater employee engagement. When hiring, we look for culture add, not culture fit. That means hiring people who bring new perspectives and different experiences to our team. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

About This Position

As a Compliance Manager at Ellevest, you will work directly with the Chief Compliance Officer and General Counsel to assist in a broad range of compliance, regulatory and legal matters aimed at developing and maintaining an effective investment advisory compliance program. You will partner with stakeholders across Investments, Product, Client Experience, Marketing and Technology to support offerings across membership and Private Wealth Management.

Day-to-day you will:

• Administer the Firm’s Compliance Program, including its Policies and Procedures and Code of Ethics by helping to identify and assess new business and regulatory risks.
• Provide compliance training and guidance to internal business associates on investment advisory compliance issues and permissible activities under the Firm’s policy and the Investment Advisers Act of 1940, including the review of marketing materials.
• Lead the Firm’s compliance monitoring and surveillance program to assess the effectiveness of its policies and procedures.
• Review and advise the firm on its marketing and advertising materials for compliance with the Advisers Act and other applicable regulatory requirements.
• Maintain Ellevest’s Form ADV, including its advisory and wrap fee brochures. Prepare annual amendments and interim updates and filings. Oversee ADV delivery.
• Support regulatory examinations including compiling information requested; interface with SEC and other auditors.
• Develop, maintain, and implement compliance policies and procedures pertinent to the firm’s investment advisory business, including the Code of Ethics.
• Support ongoing compliance testing for the businesses, including annual and ongoing assessments of compliance programs, and create new testing as necessary in response to regulatory or business needs.
• Administer Onboarding and Offboarding requirements for employees, such as registration for Investment Adviser Representatives.

We’re looking for:

• At least 4 years of investment advisory experience in a compliance or legal role, with at least 1 year in-house (JD a plus).
• Working knowledge of the Advisers Act, SEC rules and regulations and no-action letter guidance for RIAs, as well as familiarity with FINRA and Department of Labor regulations affecting RIAs.
• Risk-based critical thinking skills and strong written and oral communication skills among different business audiences.
• Project management and process improvement capabilities with the ability to prioritize and manage multiple projects in a fast-paced and dynamic work environment. This includes working independently and on a team.
• Passion for our women-oriented mission.

Working at Ellevest

Ellevest was founded in New York City, but today, our fully remote team is spread across the whole United States. As a member of the team, you can expect to do work that directly impacts our mission and the lives of real women every day.

We’re also dedicated to building a work environment where everyone on our team can grow and thrive, with flexible working hours and time off; remote work policies designed for transparency and effective cross-team collaboration; ongoing team building and professional development; and more.

Do you think you could thrive in this role?

Please send us your application — even if you don’t check every single box. No two people’s career paths look exactly alike, and skill sets come in many different forms. We can’t wait to hear about yours.