People Matter

Senior Compliance Officer



Software Engineering, Legal
United States · Remote
Posted on Friday, April 26, 2024

Who We Are

Ellevest is an investing and wealth management company built by women, for women. In a sea of financial services, we stand apart with our mission 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 financial planning services for Ellevest clients, 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. Prior to Ellevest, Krawcheck was one of the only financial executives of her generation to have held C-suite roles at the largest global banks — as CEO of Merrill Lynch, Smith Barney, US Trust, and Sanford Bernstein and as CFO of Citi. As a venture-funded business, we’ve beat impossibly long odds to raise $145 million in venture-capital funding (women CEOs raise $1 out of every $10,000 Series B fintech dollars). Our investors include: Rethink Impact, Venus Williams, Valerie Jarret, Pivotal Ventures, and Melinda Gates’ family office.

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 Senior Compliance Officer at Ellevest, you will work closely with the Chief Compliance Officer on a broad range of compliance and regulatory matters aimed at developing and maintaining an effective investment advisory compliance program. You'll partner with stakeholders across the company to support all Ellevest service offerings from investing and financial planning to wealth management. You enjoy collaborating with teammates across disciplines including investments, product, marketing and more, always bringing a thoughtful approach to communication and teamwork.

Day-to-day you will:

  • Administer and maintain the compliance program, including the company’s policies, procedures, and Code of Ethics by helping to identify and assess new business and regulatory risks
  • Provide compliance training and guidance to internal business partners on investment advisory compliance issues and permissible activities under the company’s policy and the Investment Advisers Act of 1940, Securities Act of 1933, and other applicable regulations
  • Lead the compliance monitoring and surveillance program to assess the effectiveness of company policies and procedures
  • Review marketing 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
  • Support regulatory examinations including compiling information requested; interface with SEC and other auditors
  • Support ongoing compliance testing for Ellevest, including annual and ongoing assessments of compliance programs, and create new testing as necessary in response to regulatory or business needs
  • Support onboarding and offboarding employees and contractors, including managing the registration process for Investment Adviser Representatives
  • Serve as the compliance liaison to Ellevest’s risk management committees
  • Work with external partners to support Ellevest’s compliance operations and processes

We’re looking for:

  • 5+ years of compliance experience within financial services, and more specifically Registered Investment Advisors (RIA) experience (Fintech experience is a plus but not required)
  • Fluency in all SEC-registered investment advisor issues, including the Investment Advisors Act of 1940, Securities Act of 1933, and the ability to apply that knowledge strategically in light of changing regulation and business initiatives
  • Experience building and implementing risk-based compliance testing and monitoring programs
  • Risk-based critical thinking skills and strong written and oral communication skills
  • Ability to work with a sense of urgency and deliver work with the appropriate level of accuracy, proficiency, and timeliness
  • Impeccable integrity and a customer-first ethos
  • Project management and process improvement capabilities with the ability to prioritize and manage multiple projects independently
  • Passion for our women-oriented mission

Ellevest's compensation framework is based on relevant data, benchmarking and research for comparable companies and on our internal pay equity policies. The prospective annual salary for this role is $120,000-130,000. In addition to base salary, Ellevest compensation offering for full-time employees will also include the following benefits: equity, 401k plan with employer contribution, medical, dental and vision health insurance (80% of premiums covered by employer), unlimited paid time off and flexible scheduling, paid parental leave, learning and development opportunities, financial support for accessing reproductive healthcare, free access to Ellevest membership and discounts on Wealth Management offering. The actual offer, reflecting the total compensation package and benefits, will be determined by a number of factors including (but not limited to) the applicant's experience, skills, certifications, as well as internal equity among our team.

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.

Note: Instead of a cover letter, we ask you to answer the questions at the bottom of this application.