Company Description
Sierra Capital, LLC offers investment advisory to global high net worth private clients, institutions, and foundations. The firm provides hands-on portfolio management and investment consulting, leveraging leading asset managers to build multi-manager investment portfolios. Sierra Capital's mission is to provide top-tier investment management service through due diligence and objectivity to meet clients' unique circumstances.
Role Description
This is a Full time on-site Chief Compliance & Operating Officer (CCO/COO) role located in Miami, FL at Sierra Capital. The CCO/COO will be responsible for ensuring the firm remains fully compliant with regulatory requirements while maintaining operational excellence across all facets of the business. This dual-role leader will oversee compliance as the firm's designated CCO, while also managing internal operations, vendor relationships, financial coordination, and administrative infrastructure.
While this is a leadership role, the ideal candidate is comfortable getting their hands dirty - stepping in to assist with bookkeeping, managing outside service providers, handling vendor negotiations, and ensuring all back-office functions run smoothly.
Responsibilities
Compliance Leadership (CCO):
- Regulatory Compliance: Ensure the firm adheres to all SEC, state, and federal regulations as well as any industry standards applicable to a registered investment advisor.
- Policy and Procedure Development: Update as needed, and enforce the firm's compliance policies and procedures to reflect current regulations and best practices.
- Compliance Monitoring: Conduct regular compliance audits and testing to identify and address any areas of risk. Monitor ongoing transactions and processes to ensure adherence to internal policies and regulatory requirements.
- Risk Management: Evaluate potential risks related to compliance, providing recommendations for mitigating those risks and addressing issues as they arise.
- Training and Education: Educate staff on compliance matters, ensuring that they are aware of the regulatory requirements affecting their roles and responsibilities. Set up periodic compliance training sessions.
- Reporting and Documentation: Prepare and submit necessary reports to regulatory bodies as required, maintaining proper records of compliance activities, audits, and investigations.
- Internal Audits and Investigations: Conduct internal audits and investigations when needed, ensuring any potential compliance violations are thoroughly reviewed and addressed.
- Monitor employee trading, personal holdings, and code of ethics adherence.
- Review and approve marketing content, emails, social media, and client communication for compliance.
- Keep current on industry rule changes and adjust policies accordingly
- Perform Annual and Bi-Annual Compliance reviews with management.
Operational & Administrative Management (COO):
- Oversee and coordinate the daily operations of the firm - ensuring staff, systems, and vendors are aligned and accountable
- Supervise support staff handling account openings, wires, money movement, quarterly billing, statement downloads, and custodial requests.
- Actively manage vendor relationships, including custodians, tech providers, E&O insurers, data tools, and software licenses.
- Liaise with the firm's payroll provider, tax professionals, retirement plan administrators, benefits brokers, and legal counsel.
- Oversee bookkeeping functions (eg, invoice tracking, expense categorization, vendor payments); work with external accountants to support timely financial and tax reporting reconciliations.
- Coordinate payroll execution and benefits administration in partnership with HR/payroll providers.
- Track internal projects and ensure timely completion - including technology upgrades, process improvements, and compliance-driven initiatives.
- Deal with Insurance needs of the firm
Qualifications
- A bachelor's degree is required; an advanced degree in M.B.A. or JD is a plus.
- 5-10 years of experience in RIA Compliance; SEC audit experience a plus.
- In-depth knowledge of SEC Regulations and best practices.
- Experience supervising administrative staff and managing multiple operational functions.
- Proficiency with RIA software platforms (eg, CRM (Wealthbox/salesforce), Addepar, eMoney, DocuSign, etc.).
- Familiarity with bookkeeping basics and accounting tools (eg, QuickBooks or similar).
- Excellent organizational skills and attention to detail.
- Strong communication and interpersonal skills.
- High level of integrity, discretion, and accountability.
- Willingness to dive into both strategic and tactical work.
Ideal Candidate Profile
- A compliance-first mindset with the operational grit to support a high-performing RIA.
- Enjoys wearing multiple hats and thrives in a hybrid leadership/administrative role.
- Proactive problem solver who can identify issues and take the initiative to resolve them.
- Can navigate between managing staff and stepping in to complete tasks when necessary.
- Resourceful, budget-conscious, and comfortable negotiating with external vendors.
- Brings order to complexity and ensures nothing slips through the cracks.
Additional Benefits
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Health insurance
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Retirement plan with company match after 2 years of employment
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Paid time off and holidays, Friday WFH
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A collaborative, supportive, and flexible work environment