Counsel And Deputy Chief Compliance Officer

Lupton Partners Job Posting: Senior Compliance Officer / Deputy Chief Compliance Officer

Compensation:

• $140,000 - $175,000 base salary, depending on experience.
• Candidates with senior compliance and legal backgrounds may exceed $225,000 based on expertise.

Overview

Lupton Partners is recruiting for the position of Senior Compliance Officer / Deputy Chief Compliance Officer on behalf of our client, a well-established, Kansas City-based organization operating nationwide. This role is responsible for overseeing regulatory compliance across both insurance and broker-dealer operations, with a focus on market conduct and suitability. The ideal candidate will have extensive experience in compliance within financial services, including interactions with FINRA and insurance regulators.

This position offers flexibility in background, as both legal attorney candidates and compliance only will be considered. This move is in part to cover a retiring senior legal officer as well as expand their compliance coverage. Candidates with both compliance and legal expertise will be considered at the higher end of the compensation range, but candidates without a legal background can be supported with a more junior legal hire. A prior legal background does not require and active bar standing.

Key Responsibilities

• Regulatory Oversight: Ensure compliance with all applicable FINRA, SEC, and state insurance regulations, with a strong emphasis on market conduct and suitability.
• Market Conduct & Suitability: Lead compliance efforts related to sales practices, ensuring policies and procedures align with regulatory expectations and company standards.
• Compliance Leadership: Support the Chief Compliance Officer in developing and executing compliance strategies, policies, and risk management initiatives.
• Regulatory Examinations & Audits: Oversee responses to regulatory inquiries, examinations, and audits from FINRA, state insurance regulators, and other governing bodies.
• Policy Development & Implementation: Draft, revise, and implement compliance policies and procedures to maintain a strong culture of regulatory adherence.
• Training & Education: Provide compliance training and guidance to internal teams, including sales, operations, and executive leadership, to ensure company-wide adherence to regulatory requirements.
• Legal & Risk Advisory: For candidates with a legal background, provide legal analysis on regulatory matters, interpret new and evolving laws, and support internal stakeholders with risk assessments.
• Collaboration: Work cross-functionally with legal, risk, and business teams to align compliance initiatives with overall company strategy.

Qualifications

• Experience: 7+ years of regulatory compliance experience within financial services, including broker-dealer and insurance industries.
• Legal Background (Preferred): JD preferred, with bar admission a plus. Open to junior attorneys looking to grow in compliance.
• Regulatory Knowledge: Strong understanding of FINRA, SEC, and state insurance regulatory frameworks, particularly in market conduct and suitability.
• Leadership Skills: Ability to manage compliance initiatives and work collaboratively with internal and external stakeholders.
• Communication & Training: Strong ability to translate complex regulations into actionable policies and training programs.
• Flexibility: Open to hybrid and remote work arrangements, with a preference for candidates in or near Kansas City.