Compliance Lead, Broker-Dealer & Investment Adviser

About Gusto

At Gusto were on a mission to grow the small business economy. We handle the hard stuff payroll health insurance 401(k)s and HR so owners can focus on their craft and their customers. With teams in Denver San Francisco and New York we support more than 500000 small businesses nationwide and are building a workplace that reflects the people we serve.

All full-time employees receive competitive base pay benefits and equity (RSUs) because everyone who helps build Gusto should share in its success. Offer amounts are determined by role level and location. Learn more about our Total Rewards philosophy.

AI is a fundamental part of how work gets done at Gusto. We expect all team members to actively engage with AI tools relevant to their role and grow their fluency as the technology evolves. AI experience requirements vary by role and will be assessed during the interview process.

About the Role:

The Compliance Lead Broker-Dealer & Investment Adviser is a senior member of the Gusto Retirement Compliance Team reporting directly to the Head of Compliance. This role is the operational backbone of the compliance program owning the compliance programs of the Registered Investment Advisor (RIA) and Broker-Dealer (BD) entities including their AI governance frameworks and serving as a trusted senior member of the RIA/BD Compliance team.

In this role you would own the supervisory architecture (including the governance of AI tools used across the compliance program) drive exam readiness and ensure the program is running effectively documented thoroughly and defensible under SEC and FINRA scrutiny. This is not a policy-only role and it is not a passive-user-of-technology role. It requires someone who can move fluidly between strategic oversight and hands-on execution who understands what it means to carry a compliance program in a regulated financial services environment and who can serve as a supervisory principal over AI ensuring tools are deployed lawfully outputs are validated and the program evolves alongside regulatory expectations.

About the Team:

Gusto operates RIA and BD affiliated entities serving customers across the retirement savings landscape. Our Compliance Team is a lean high-impact function responsible for maintaining robust defensible compliance programs across both regulatory regimes built to scale alongside the business. That includes staying ahead of how AI is reshaping compliance operations: the team actively governs and oversees AI tools used across the program identifies where AI can responsibly expand team capacity and ensures that any AI use meets the supervisory standards required by SEC and FINRA. We are building a compliance program that is both modern and defensible.

Heres what youll do day-to-day:

• Own and mature the end-to-end compliance program across both the BD and RIA ensuring the frameworks controls and infrastructure including AI governance keep pace with Gustos growth
• Serve as the primary compliance lead on all FINRA and SEC regulatory matters including filings examinations supervisory control testing and evolving regulatory guidance on AI use in compliance programs
• Lead and develop the relationship with compliance consulting firm(s) directing their work across both entities and ensuring coverage is aligned with Gustos risk posture
• Build and maintain policies and procedures across both entities covering advertising Reg SP complaints books and records BCP Code of Ethics/Conduct trade errors and more
• Own incident management and escalation including compliance violations whistleblowing and heightened supervision and report trends to the Head of Compliance
• Partner cross-functionally with Legal Product Finance Marketing Sales and FinCrime to embed compliance into how Gusto builds and sells
• Supervise AI tools used across the compliance program including ongoing review and testing ensuring outputs are validated by qualified licensed humans identifying opportunities to expand team capacity and flagging functions where AI use is not permitted
• Lead training programs and annual compliance meetings for both BD and RIA and own the advertising and communications review process
• Assess whether resources controls and coverage are sufficient as Gusto scales into new markets and upmarket customer segments
• Oversee all firm filings employee registrations and licensing across the BD and RIA including U4/U5 fingerprints background checks CRD Form CRS Form BD ADV and more
• Lead suitability rebalancing and custody review and testing for the RIA including coordination of the annual Surprise Custody Exam

Heres what were looking for:

• 7 years of compliance experience at a FINRA-registered broker-dealer and SEC-registered investment adviser with deep working knowledge of FINRA Rules the SEC Rules (including the Marketing Rule Reg S-P and Reg S-ID) GLBA and Bank Secrecy Act
• Proven track record owning regulatory filings (Form BD ADV U4/U5 CRS) leading exam preparation and response and running supervisory control testing and advertising review across both RIA and BD entities
• Familiarity with compliance technology (e.g. ComplySci Global Relay) books and records obligations under Rules 17a-4 and 204-2 and AI governance frameworks in a regulated environment
• Strong written communication skills with the ability to draft own and defend compliance documentation under regulatory scrutiny and comfortable managing multiple programs in a lean high-accountability team
• Active SIE Series 7 and Series 24 licenses
• Experience at a fintech-integrated RIA/BD comfortable working at the intersection of technology product compliance and AI governance
• Experience with outsourced compliance models (e.g. third-party consulting firms)
• Prior experience managing compliance staff

Our cash compensation amount for this role is $156170/yr to $192610/yr in Denver & most major metro locations and $183830/yr to $226724/yr for San Francisco & New York. Final offer amounts are determined by multiple factors including candidate location experience and expertise and may vary from the amounts listed above.

Gusto has physical office spaces in Denver San Francisco and New York City. Employees who are based in those locations will be expected to work from the office on designated days approximately 2-3 days per week (or more depending on role). The same office expectations apply to all Symmetry roles Gustos subsidiary whose physical office is in Scottsdale.

Note: The San Francisco office expectations encompass both the San Francisco and San Jose metro areas.

When approved to work from a location other than a Gusto office a secure reliable and consistent internet connection is required. This includes non-office days for hybrid employees.

Our customers come from all walks of life and so do we. We hire great people from a wide variety of backgrounds not just because its the right thing to do but because it makes our company stronger. If you share our values and our enthusiasm for small businesses you will find a home at Gusto.

Gusto is proud to be an equal opportunity employer. We do not discriminate in hiring or any employment decision based on race color religion national origin age sex (including pregnancy childbirth or related medical conditions) marital status ancestry physical or mental disability genetic information veteran status gender identity or expression sexual orientation or other applicable legally protected characteristic. Gusto considers qualified applicants with criminal histories consistent with applicable federal state and local law. Gusto is also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. We want to see our candidates perform to the best of their ability. If you require a medical or religious accommodation at any time throughout your candidate journey please fill out this form and a member of our team will get in touch with you.

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