Staff Compliance Advisor, Marketing - SoFi

The role:

The successful Compliance Advisor, Marketing candidate will work with a team of Compliance and Marketing professionals across the enterprise and will focus on broker-dealer and investment adviser marketing and advertising compliance.

SoFi’s broader Communications With the Public team (CWP) provides compliance expertise and partner support to SoFi’s Marketing, Business Development, Product, and Engineering departments. In a manner supportive of SoFi’s culture of cross-functional collaboration, the Compliance Advisor, Marketing will review and approve communications with the public prior to distribution, while ensuring regulatory adherence and managing to tight deadlines.

The ideal candidate will have broker-dealer advertising compliance experience, strong knowledge of FINRA and SEC regulatory requirements that apply to advertising and marketing. This includes, but is not limited to, FINRA Rules 2210, 3110, 4511, Investment Adviser Marketing, Investment Company Marketing, and related books and records requirements.  This candidate will report directly to a principal in Invest Compliance and will also have a matrix reporting line into the Manager of the CWP team.

What you’ll do:

• Review marketing assets submitted by the Marketing team, occasionally after hours and on weekends 

• Provide day-to-day marketing compliance support to various business units and act as the key point-of-contact between Compliance and the Marketing organization for escalations

• Own and drive the research of regulatory risks, document analysis, and communicate recommended or required action to the impacted business teams

• Track marketing claims and maintain associated disclosures and substantiation through the firm’s marketing workflow system

• Drive the development and maintenance of SoFi’s policies, procedures, and regulatory compliance training material

• Monitor changes in applicable laws, regulations, and industry standards

• Assist with audit and exam responses related to the marketing review process

• Other duties as assigned

What you’ll need:

• FINRA Series 7, 24 licenses

• 8+ years of relevant work experience in financial services, with a preferred background in legal, compliance, marketing, or a related field

• A degree from an accredited university or significant relevant experience demonstrating your understanding of marketing compliance in the financial sector

• Propensity to thrive in a fast-paced, ever-changing environment while maintaining a sharp focus on compliance standards

• Keen attention to detail required

• Poise under pressure and ability to triage and prioritize competing priorities

• Expertise in developing and fostering cross-functional relationships with key stakeholders to collaborate effectively

• Art for articulating complex opinions and requirements in a simple and understandable way

• Talent for developing practical, creative solutions that meet business needs while remaining compliant with laws and regulations

• Flexibility to occasionally work outside of business hours as needs arise

Nice to have:

• Series 4, 65/66

• Experience with G Suite

• Knowledge of RNDIP

• Working understanding of general banking regulations