Legal//
Compliance Officer
The Team: Morningstar's Compliance team supports Morningstar's global business entities, primarily focusing on those registered with and governed by regulatory authorities. Our compliance professionals help each Morningstar business entity adhere to the rules and regulations of the local regulatory authorities.
The Role: Morningstar's Compliance team is currently seeking an experienced and highly motivated Compliance Officer who has at least 5 years of experience in a regulated environment. The individual will focus on the firm's Direct Indexing initiative across the firm and assisting a range of business teams with ensuring their output is consistent with applicable U.S. regulatory advertising requirements. This position is based in Chicago and reports to the Chief Compliance Officer, North America.
Key Responsibilities:
Requirements:
001_MstarInc Morningstar Inc. Legal Entity
The Role: Morningstar's Compliance team is currently seeking an experienced and highly motivated Compliance Officer who has at least 5 years of experience in a regulated environment. The individual will focus on the firm's Direct Indexing initiative across the firm and assisting a range of business teams with ensuring their output is consistent with applicable U.S. regulatory advertising requirements. This position is based in Chicago and reports to the Chief Compliance Officer, North America.
Key Responsibilities:
- Assist senior management in promoting a culture of compliance
- Provide ongoing compliance support for the firm's registered investment advisers, index group, and business teams that offer software products to advisers and broker/dealers
- Review adviser and index marketing materials, including social media posts, blogs, videos and podcasts
- Provide guidance on and reviews of sales communications generated by software products to ensure compliance with applicable U.S. regulatory requirements
- Administer the FINRA advertising review process
- Prepare and conduct compliance training
- Conduct periodic testing of compliance policies and procedures pursuant to Rule 206(4)-7 of the Investment Advisers Act
- Complete regulatory filings for the firm's registered investment advisers and broker-dealer
- Conduct email reviews
- Alert business units of regulatory developments impacting the business and compliance policy changes
- Provide guidance on new services/products or changes to the business model
- Perform other tasks/projects as assigned
Requirements:
- Bachelor's Degree and at least 5-7 years of compliance experience working for an investment adviser or broker-dealer
- Series 7 and 24 licenses required
- Wealth management experience, including knowledge of Turnkey Asset Management Programs (TAMP)preferred
- Fintech experience preferred
- Regulatory review of advertising/marketing material in accordance with SEC and FINRA requirements required
- Solid understanding and experience with the Investment Advisers Act of 1940, Investment Company Act of 1940, ERISA, and FINRA Rule 2210
- Compliance monitoring/testing experience preferred
001_MstarInc Morningstar Inc. Legal Entity
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