Key Duties & Responsibilities
- Assisting in enforcing Code of Ethics, which involves monitoring personal trading accounts, issuing certifications, and managing conflicts-of-interest.
- Maintaining and updating compliance policies and procedures, ensuring they're current and effective.
- Assisting with SEC and NFA filings and regulatory examinations to ensure compliance with regulatory requirements.
- Monitoring and auditing business processes to identify potential compliance risks and take appropriate actions to mitigate them.
- Supporting the enforcement and testing of compliance program to maintain effectiveness.
- Researching and analyzing applicable laws, regulations, and industry best practices to ensure ongoing compliance.
- Staying informed about SEC and NFA regulations, including changes and developments such as those related to ESG investing.
- Educating and training employees on regulatory requirements, updates, and nuances relevant to their roles.
- Assisting in conducting initial and ongoing operational due diligence (ODD) reviews of underlying investments with external private fund managers.
- Reviewing marketing materials for compliance with SEC "Marketing" or "Advertising" Rules of the Investment Advisers Act.
- Collaborating with compliance consultants and legal counsel when necessary.
- Providing support on projects related to new regulations and the continuous improvement of the compliance program.
- Completing ad hoc projects and other tasks as needed to support the Compliance team.
Required Skills & Abilities
- Excellent attention to detail and organizational skills.
- A continuous learning mindset to improve processes and stay ahead in a dynamic regulatory environment.
- Strong verbal and written communication skills, with the ability to build effective connections within and across teams.
- The ability to prioritize tasks quickly and work effectively under time constraints.
- Sound judgment in decision-making.
- Basic proficiency in the Microsoft Office suite.
Qualifications
- Bachelor's degree required.
- 3+ years' experience with an investment adviser compliance team, regulator, or compliance consultant.
- Familiarity with the SEC's Investment Advisers Act concerning private funds and a basic understanding of regulatory frameworks; NFA experience is advantageous.
- Experience with private funds or registered fund operations is preferred.
- Previous experience in compliance, external audit, internal audit, and/or operational due diligence is desirable.
- Familiarity with alternative investment operations and controls is a plus.
- An interest and/or understanding of complex investing concepts is preferred.