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Compliance Director

Forge Trust Sioux Falls, SD
  • Posted: over a month ago
  • Full-Time
  • Benefits: 401k, dental, life_insurance, medical, vision
Job Description

 

At Forge, we know our team is our greatest asset. As innovators in the private market, our vision is to deliver a richer future for everyone. We live that vision through our values of being bold, humble and accountable. We experience the value that our vision brings to the world every day, helping the teams behind the greatest innovations of our generation, from space travel to planet-saving, plant-based nutrition and more.

Forge is the company powering the leading platform for the private market economy, and we’ve raised over $85M to help folks at companies like Palantir, SpaceX and AirBnB get liquidity for their hard-earned equity to buy a house, pay medical bills or send their kids to college. We also recently acquired IRA Services, now Forge Trust, to expand our service offering in the private markets.

Forge Trust has more than 35 years of experience offering unmatched custodial, administrative, trustee services in the self-directed IRA industry. We provide experience, superior service, true diversification, and low fees, giving you more choices and more control for a better retirement.

Investors choose Forge Trust as their preferred self-directed IRA custodian because we provide the highest level of customer service to all of our clients, and competitive fees for the services provided.

We work with individuals who want the advantages of a self-directed retirement account, as well as Advisors, Investment Platform Providers and Professionals who specialize in providing alternative asset investment products. For over three decades, we have assisted mid to large sized Institutions and Organizations with sophisticated custodial trust solutions that offer more choices, greater control, and. have deep and valuable expertise in custody administration and the regulatory environment.

As a passive custodian, Forge Trust does not perform due diligence on any investments, nor do we provide any investment, legal, or tax advice. We provide custodial administration you can trust.

We practice the highest standard of custodial responsibility and advocacy and are dedicated to supporting your custodial needs.

The Role:

In Compliance, we help our Business Partners achieve their strategic priorities by promoting principles

and practices that build client trust and safeguard the integrity of the Firm. We accomplish this through

providing advice and guidance to our business partners regarding the applicability of rules and

regulations.

 

Success in this role would require being adaptable to an evolving workplace, and determination to add

value through high-quality work and thoughtful insights.

Responsibilities:

  • Iterate and mature all aspects of Forge Trust’s compliance program and assure our compliance framework is robust and able to scale as Forge Trust continues to grow.
  • Maintain our compliance policies, procedures and compliance library.
  • Continue to develop and oversee our compliance training programs, deliver training, maintain inventory and monitor internal training for business.
  • Coordinate regulatory examinations, including the facilitation of information gathering, analysis and synthesis of data into logical and consistent format.
  • Compile data and reporting to create board and trust committee materials on a monthly basis.
  • Interact with product and engineering teams in active feedback loops to assure compliance of our systems and processes.
  • Provide day-to-day compliance support and issue resolution to cross-functional teams and serve as the primary contact for new initiatives and projects.
  • Translate regulatory requirements into actionable technology solutions, working closely with product, engineering and operations teams.
  • Build and manage an ongoing BSA program.
  • Manage changes to DOL, IRS rulings or acts and implement processes, communications, and updates across the business.
  • Oversee AML, KYC, CIP, OFAC programs and provide guidance on situations as needed.
  • File and provide reporting on SAR activity.
  • Identify, monitor and implement controls and reporting around watchlist items.
  • Develop and manage internal compliance communications with employees, clients, Forge and the Board of Directors.
  • Oversee and coordinate internal risk management systems; assist in developing internal controls to mitigate identified risks.
  • Additional corporate compliance and risk management responsibilities, as needed

Requirements:

  • Minimum of 6+ years of compliance experience in the financial services industry. Bonus points for knowledge of SDIRA’s.
  • MBA or equivalent degree not mandatory but strongly preferred
  • Previous experience managing a BSA program
  • Understanding and practice with CIP, OFAC, KYC, AML and IRS rules
  • Strategic and critical thinking skills
  • Experience with risk analysis and aggregation
  • Demonstrated success working in an entrepreneurial environment
  • Excellent attention to detail and verbal/written communication skills
  • Comfort performing in fast, high-pressure situations
  • Experience overseeing complex projects and multi-group initiatives over extended periods
  • Ability to work independently, and within a geographically dispersed and matrixed team
  • Desire to help the team increase operational efficiency and achieve strategic initiatives
  • Typical office environment. Must be able to sit and/or stand for long periods of time while working
  • Must be able to work onsite at our Sioux Falls, SD office a few days a week now and full-time post-COVID restrictions

Forge is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

 

Company Description
Forge is the company powering the leading platform for the private market economy, and we’ve raised over $85M to help folks at companies like Palantir, SpaceX and AirBnB get liquidity for their hard-earned equity to buy a house, pay medical bills or send their kids to college. We also recently acquired IRA Services, now Forge Trust, to expand our service offering in the private markets.

Forge Trust has more than 35 years of experience offering unmatched custodial, administrative, trustee services in the self-directed IRA industry. We provide experience, superior service, and true diversification giving you more choices and more control for a better retirement.

Forge Trust

Why Work Here?

Exciting future ahead with the company recently being acquired by Forge Global. IRA Services is now Forge Trust

Forge is the company powering the leading platform for the private market economy, and we’ve raised over $85M to help folks at companies like Palantir, SpaceX and AirBnB get liquidity for their hard-earned equity to buy a house, pay medical bills or send their kids to college. We also recently acquired IRA Services, now Forge Trust, to expand our service offering in the private markets. Forge Trust has more than 35 years of experience offering unmatched custodial, administrative, trustee services in the self-directed IRA industry. We provide experience, superior service, and true diversification giving you more choices and more control for a better retirement.

Address

Sioux Falls, SD
USA

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