At Alto, we're changing the way people invest for the future.
For too long, only the ultra-wealthy could afford to benefit from alternative investments, and that meant a lot of missed opportunities for everyday investors. Alto was founded on the belief that a diversified portfolio is essential to investing for the future, and that's only possible if everyone can invest in the assets they're truly interested in.
So we created a solution that allows ordinary people to invest their tax-advantaged retirement funds into non-traditional assets, like real estate, startups, securitized artworks, cryptocurrency, and more.
By joining Alto's growing team, you'll be helping to make our mission a reality. And you'll work with some truly unique people who are passionate about what they do.
To learn more about our team and working with us, please visit our Before You Apply page, which features videos of our CEO and other team members answering questions about working at Alto.
Job Summary:
The Director, Compliance & Counsel will assist the company’s SVP, Legal with leading the Compliance Department and offer legal counsel to the organization’s various teams. You will be responsible for developing and reviewing the company’s policies and working with internal stakeholders to implement appropriate procedures for each policy, where appropriate. The role provides general compliance support and counsel on all matters related to Product, Operations, Customer Support, Information Security, and Marketing, and will act as subject matter expert regarding IRA administration compliance. Additionally, the individual will be responsible for various responsibilities concerning the company’s BSA program.
Essential Duties and Responsibilities:
- Develop compliance strategy and support the SVP, Legal on legal matters concerning the organization’s parent company and affiliates.
- Develop, maintain, implement, and update internal policies and procedures to comply with various regulatory requirements and industry best practice.
- Act as subject matter expert on issues related to individual retirement accounts, applicable federal tax matters, cryptocurrency regulations, private investments (including but not limited to Reg D, Reg A, and Reg CF), the Bank Secrecy Act, financial services matters, UDAAP, and other relevant law and regulations.
- Support the company’s BSA Officer by administering the company’s KYC activities and maintain, implement, manage, and update its BSA Program.
- Respond to internal client questions and requests regarding all matters related to operations, product, and customer support.
- Review internally developed content for Product and Marketing teams including the organization’s website, customer emails, blogs, and social media posts.
- Review commercial contracts to ensure compliance with the company’s third-party risk management policy and address obligations and liabilities to the organization and respond to vendor and partner due diligence requests.
- Support efforts to achieve and maintain SOC 2 certification.
- Identify potential areas of improvement and efficiency in all areas of the Company.
- Proactive problem solve as it relates to regulatory and legal obligations of the company while reducing friction for the company’s customers and internal clients.
- Oversee the daily workflow of the department.
- Ensure timely completion of all Compliance Training requirements.
Qualifications:
- J.D. from an accredited law school; admitted to practice law and in good standing in at least one jurisdiction of the U.S.
- Relevant work experience in the financial services industry or law firm advising financial service companies is necessary (minimum 2-5 years’ experience).
- Excellent verbal and written communication skills.
- Excellent interpersonal and internal customer skills.
- Excellent customer service skills.
- Excellent organizational and project management skills and attention to detail, including the ability to handle multiple projects.
- Excellent time management skills with a proven ability to meet deadlines.
- Strong analytical and problem-solving skills.
- Strong supervisory and leadership skills.
- Ability to prioritize tasks and to delegate them when appropriate.
- Ability to function well in a high-paced and at times stressful environment.
- Proficient with Microsoft Office Suite or related software.
We answered your most pressing questions before you apply here. We are a dynamic and collaborative team, all working towards a common goal. With every interaction, you feel our culture throughout our company. We care about diversity, inclusion, and belonging, and every voice is heard. We also care most about our people. We show it through our actions, and we offer a lot of really great benefits, including:
- A generous open PTO policy
- Comprehensive health insurance options for employees
- 401(k) with company match up to 3% yearly
- Equity as a part of your compensation
- A competitive compensation and benefits package
- 12 paid holidays
- Discounted and/or free Alto investor accounts
- Four to 12 weeks paid parental leave
- A remote-first culture - work from home or our Nashville office
- Flexibility to work from anywhere in the US
- An emphasis on work-life balance
- No-meeting Fridays
Well, what are you waiting for? Apply already! :)
Alto is an Equal Opportunity Employer and Prohibits Discrimination of Any Kind
Alto is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Alto are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, sex (including gender identity, sexual orientation, and pregnancy), family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Alto will not tolerate discrimination or harassment based on any of these characteristics. Alto encourages applicants of all ages.
About Alto
Founded in 2015, AltoIRA aka Alto is a rapidly growing fintech startup based in Nashville, TN. At Alto, we’re building a next-generation platform to provide clients with the tools and opportunities they need to invest retirement funds into alternative assets. We’re empowering everyone to invest in what they choose and supporting their desire to take a more active role in shaping their financial future. The Alto platform streamlines the process for individual investors and advisors to access, research, and invest in alternative assets using retirement funds. It connects investors with private companies, fund managers, and over 50 recognized investment platforms, including Coinbase, Republic, Masterworks, and EquityZen, that offer access to a wide range of alternative assets, including startups, shares in artwork, real estate, cryptocurrency, and more.
