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Senior Associate, Legal & Compliance

Savvy WealthNYC Office
On-site Full-time

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Experience Level

Experience

Qualifications

Qualifications:Juris Doctor (JD) degree from an accredited institution.5+ years of experience in legal and compliance roles, particularly within financial services. Strong knowledge of FINRA and SEC regulations. Excellent analytical and problem-solving skills. Proven ability to work collaboratively across teams and manage multiple projects simultaneously.

About the job

About Savvy Wealth:

Savvy Wealth is revolutionizing the wealth management industry, a sector valued at $545 billion in the US, which has often lagged in technological advancements. Approximately 75% of financial advisors provide only basic digital communication and 62% still rely on Excel for financial planning. This traditional approach results in a subpar client experience, leading advisors to spend over 70% of their time on manual, non-client facing tasks.

Savvy is transforming this landscape by developing a highly advisor-centric, digital-first platform that modernizes personal financial advice. Our partners leverage AI-enhanced software, automated marketing solutions, and streamlined back-office workflows to enhance efficiency and focus more on client interaction.

With over $105M raised from prominent investors such as Thrive Capital, Index Ventures, and others, our team comprises seasoned founders and operators from leading companies like Airbnb, Square, and Facebook. We have quickly established a strong product-market fit, exceeding $2.2 billion in assets under management (AUM) in under three years and experiencing over 600% growth in the last 18 months. Join us in this exciting phase of rapid expansion!

The Role

As a Senior Associate in Legal & Compliance, you will play a critical role in ensuring the organization meets its legal and regulatory commitments. Your responsibilities will include managing contract processes, compliance oversight, regulatory submissions, policy formulation, and project management. This position demands meticulous attention to detail, a strong understanding of FINRA and SEC RIA requirements, sound legal judgment, and the ability to collaborate across departments to mitigate legal and regulatory risks. Experience with Broker-Dealers is advantageous.

Responsibilities

Legal Support

  • Assist in drafting, reviewing, and managing contracts and legal documentation.
  • Maintain comprehensive contract databases and ensure meticulous documentation and record-keeping.
  • Support senior legal counsel regarding corporate and regulatory matters.

Compliance & Regulatory

  • Monitor compliance with applicable regulations and internal policies.

About Savvy Wealth

Savvy Wealth is at the forefront of transforming the wealth management landscape, offering innovative technology solutions that enhance the efficiency and effectiveness of financial advisors. Our commitment to modernization and exceptional service sets us apart in a traditionally slow-moving industry.

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