A fast-growing and successful SEC-registered investment advisor seeks a Chief Compliance Officer.
The company is in an interesting niche in which they seek to generate and deliver current income and returns through opportunistic investments.
What you will do…
- Update and implement written policies and procedures designed to prevent violations of the Investment Advisers Act of 1940, Dodd-Frank, ERISA, and all other relevant laws, rules and regulations.
- Perform regular compliance testing, ensure all required books and records are properly maintained, and prepare all required reports including required regulatory filings.
- Review compliance disclosures relating to personal securities, gift, entertainment and other quarterly and annual attestations.
- Act as the firm’s liaison to regulatory agencies and manage regulatory audits and exams.
- Conduct updates and reviews of sales/marketing materials, including fact sheets, presentations, sales kits, and questionnaires using a variety of data sources and software.
- Develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
- Ensure that the portfolio complies at all times with investment allocation policies then in effect.
- Perform due diligence on broker dealers, vendors and other third-parties.
- Participate on various committees including investment committee and valuation committee.
- Oversee cybersecurity policies and procedures.
- Maintain a thorough and up-to-date understanding of governing regulations (e.g. SEC, ERISA, FINRA, Dodd-Frank, State and other relevant regulations and laws) through ongoing education and involvement with industry groups, and provide reliable advice and direction to senior management and staff on all issues concerning compliance policies, rules, regulations and procedures affecting the firm.
The qualifications you should have…
- Must have a Bachelor’s degree.
- Minimum of 5+ years of compliance experience in financial services (will consider audit or similar operational experience in financial services); background in registered investment adviser and investment companies with Institutional client lines preferred. Strong preference for candidates who have relevant work experience at the Securities and Exchange Commission. AML experience is a plus.
- Deep knowledge of the Investment Advisers Act of 1940 and the Investment Company Act of 1940, and the rules and regulations promulgated thereunder by the SEC, FINRA and other governmental agencies.
- Experience with on-site compliance testing pursuant to SEC Rules 206(4)-7 and 38a-1.
- Understanding of marketing and sales material review guidelines, anti-money laundering regulations, and compliance risk management assessments for institutional and ERISA clients.
- Preference given to candidates who worked (i) at the SEC, preferably in enforcement, (ii) at a SEC-registered investment advisor who went through an enforcement investigation, and/or (iii) at a SEC-registered investment advisor with a private credit/alternative assets strategy.
Please email resumes to Jack Kelly at Jack@ComplianceSearch.com.