Director of Policy & Regulatory Affairs

## About the Position

XYPN is a leading voice for independent, fee‑only financial planners, and advocates for modernized regulation that elevates fiduciary financial planning, separates sales from advice, protects investors, and reduces unnecessary burdens on small advisory firms.

With a network of more than 2,200 fee‑only financial planners and experience registering more than 2,000 investment advisers nationwide, we support firms across all 50 states and the SEC, giving us unique insight into the regulatory and operational challenges faced by independent RIAs operating across multiple jurisdictions.

As XYPN’s Director of Policy and Regulatory Affairs, you’ll translate that expertise into meaningful advocacy and regulatory influence. You’ll work closely with our Managing Director of Compliance and Regulatory Affairs to shape and execute XYPN’s advocacy roadmap, leading efforts to monitor State & federal regulatory developments, develop policy positions, build relationships with regulators, and advance strategic engagement on issues impacting members.

You’ll drive engagement in relevant State and SEC rulemaking, preparing comment letters on proposed regulation, representing XYPN in meetings and hearings, and developing and facilitating educational opportunities for both regulators and members. Through this work, you’ll help shape a regulatory environment that better supports fiduciary financial planning and independent advisory firms.

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## What You’ll Do

### Regulatory Monitoring & Advocacy Strategy

– **Regulatory monitoring** — Monitor for relevant regulatory developments across all 50 states and the SEC, ensuring timely awareness of new compliance issues, rule proposals, and comment periods.
– **Advocacy roadmap** — Develop and maintain XYPN’s advocacy and policy roadmap, including issue tracking, prioritization, engagement status, and next steps.
– **Advocacy priorities** — Partner with the Managing Director and Executive Team to shape advocacy priorities and provide informed recommendations on engagement opportunities.
– **Industry understanding** — Develop a deep understanding of XYPN member firms, industry trends, and emerging regulatory issues to inform advocacy priorities and identify opportunities to influence regulation.

### Stakeholder Engagement & Education

– **Member feedback** — Develop consistent channels for gathering member feedback, case studies, and practical examples to inform XYPN’s advocacy positions.
– **Member communications** — Coordinate member‑facing communications regarding advocacy initiatives, regulatory updates, and policy resources.
– **Advocacy preparation** — Partner with members to prepare for legislative or regulatory hearings, meetings with state regulators and legislators, and other advocacy opportunities, including testimony and supporting materials.
– **Educational sessions** — Develop and deliver educational sessions for legislators, regulators, XYPN members, and industry groups on regulatory trends, RIA business models, operational realities, and the impact of proposed regulation.
– **Stakeholder relationships** — Build productive relationships with regulators, industry stakeholders, advocacy partners, and member firms to support ongoing dialogue and collaboration.
– **Strategic partnerships** — Coordinate strategic partnerships with industry associations, including IAA, FPA, NAPFA, CFP Board, and other aligned organizations.

### Policy Development & Representation

– **Policy drafting** — Draft policy positions and supporting materials, including comment letters, white papers, policy briefs, issue summaries, case studies, and testimony.
– **Advocacy execution** — Lead execution of advocacy activity in individual states, with the SEC, and with NASAA, including preparing formal responses to proposed regulations, policies, and rulemaking initiatives.
– **Regulatory representation** — Represent XYPN in meetings with state and SEC regulatory staff, NASAA representatives, and other relevant stakeholders on advocacy and rulemaking matters.
– **Industry engagement** — Attend industry conferences, regulatory events, hearings, symposia, and working groups to strengthen relationships and stay engaged in evolving policy conversations.

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## Measurables

– **Policy tracking** — Policy issues being tracked
– **Comment letters** — Comment letters submitted
– **Regulator meetings** — Meetings with regulators
– **Policy impact** — Evidenced impact on policy changes

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## The Details

Status: Full‑time (40–45 hours/week)
Location: Remote and/or Bozeman, MT
Exempt Status: Exempt
Direct Reports: No
Department: Compliance
Reports to: Managing Director of Compliance and Regulatory Affairs
Travel Requirements: Up to 20%

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## What You’ll Bring to the Table

– **Policy experience** — 5+ years of relevant experience in public policy, regulatory affairs, government relations, securities regulation, or financial services advocacy, including experience tracking, analyzing, and responding to state and/or federal regulatory developments.
– **Regulatory analysis** — Proven ability to independently analyze and summarize complex securities legislation and regulatory proposals.
– **Writing skills** — Excellent written communication skills with experience drafting white papers, policy briefs, and comment letters.
– **Rulemaking knowledge** — Familiarity with administrative rulemaking processes, public comment procedures, regulatory hearings, and policy engagement strategies.
– **Securities framework** — Strong understanding of the securities and financial services regulatory framework governing investment advisers.
– **Relationship management** — Strong relationship management, with the ability to build credibility across regulators, members, and industry partners.
– **Strategic and operational ability** — Comfort operating both strategically and operationally, from shaping advocacy priorities to executing day‑to‑day policy work.
– **Regulator relationships** — Strong track record of managing high‑stakes policy issues and building relationships with financial regulators at the state and federal level.

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## What Would Make Us Drool

– **Legal background** — JD or legal background, particularly related to securities laws and related rules and regulations.
– **RIA experience** — Experience working directly with RIAs, state securities regulators, NASAA, or the SEC.
– **Regulatory relationships** — Existing relationships within the state securities regulatory community or industry advocacy organizations.
– **Rulemaking representation** — Experience representing an organization during rule‑making proceedings, hearings, or formal regulatory engagement efforts.
– **Tracking tools** — Proficiency with regulatory tracking tools like GovHawk, Quorum, or Lexis State Net.
– **Policy influence** — Proven ability to influence or shape policy outcomes through advocacy, coalition‑building, or regulator engagement.
– **Educational programming** — Experience developing educational programming or training for regulators, industry professionals, or member organizations.
– **Membership organizations** — Background working within a membership organization, trade association, or advocacy‑focused environment.
– **RIA operations** — Strong understanding of the operational realities and compliance challenges facing independent RIAs.
– **Cross‑functional coordination** — Experience coordinating cross‑functional advocacy or policy communication efforts across multiple stakeholder groups.

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XYPN welcomes applications from individuals who may have had nontraditional career paths, or who may have taken time off for family reasons (e.g., children, caring for disabled or elderly family). We encourage applications from minorities, women, individuals with disabilities, protected veterans, and all other qualified applicants.

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## Compensation & Benefits

– **Salary** — Salary: $100,000–$142,000 annually
– **ESOP** — 100% employer‑funded Employee Stock Ownership Plan (ESOP)
– **Vacation** — Unlimited vacation days (minimum 3 weeks required)
– **Holidays** — 9 paid holidays (flexible options available)
– **401k** — 401(k) with match (you put in 6%, we put in 4.5%)
– **Parental leave** — 12 weeks paid parental leave
– **Health insurance** — Health insurance with employer contribution
– **Additional insurance** — Dental, Vision, Voluntary Life & AD&D, Accident insurance
– **Pet insurance** — Pet insurance availability
– **HSA/FSA** — Health Savings & Flexible Spending Accounts
– **Employer‑paid coverage** — Employer‑paid Life, AD&D, and Long‑Term Disability
– **Financial planning stipend** — Up to $150/month + $500 toward upfront fee
– **Professional development** — $2,000/year for professional development
– **Well‑being stipend** — $250/quarter for personal well‑being
– **Volunteer donation** — $500 donated when you volunteer 40 hours/year
– **Sabbatical** — Sabbatical program with cash bonus at 5, 10, and 15 years
– **Childcare** — Subsidized employer‑sponsored childcare (subject to availability)
– **Gym discounts** — Various gym discounts
– **Equipment** — Company‑owned Apple laptop provided

Apply here