Opportunities

 

Private Equity, Asset Manager

Chief Compliance Officer, New York, NY

Chief Compliance Officer (New York, NY): Our client, a growing and successful global private equity firm and asset manager, is seeking a talented legal and compliance professional to join their team in a newly created capacity to take over and spearhead the efforts of their compliance program.  This opportunity was created to help the current COO and the VP of Finance & Operations consolidate the compliance program and its responsibilities to an inspired and ambitious new hire.  The firm’s business is evolving in complexity and size so this new addition needs to be ready to roll up their sleeves to learn the inner workings of the firm’s investment philosophy and compliance program.  This is an exceptional role for someone that is mid-career and striving to join a team-oriented organization in a hands-on role with visibility to the entire company.  The firm is deadline driven yet easy going with an intelligent, cohesive group of talent. 

 

Key Points: 

  • Newly created position allowing the new hire to make an impact on the business
  • COO (who currently holds the CCO title) is down to earth, intelligent, engaging, and will be a strong mentor to the incoming member
  • Firm is growing in complexity offering this new addition the unique opportunity to grow within the firm and learn in the position as the company continues to fundraise and develop new strategies
  • Individual will be given a significant amount of responsibility day one

Responsibilities: 

  • Manage and “own” the firm’s overall compliance program; identify and spearhead initiatives around new compliance topics including the creation and implementation of new compliance policies and procedures
  • Provide compliance monitoring and testing related to Rule 206(4)-7
  • Support management in achieving business objectives while managing regulatory, compliance and reputational risk
  • Provide situational and ongoing advice to senior management/investment professionals on compliance with laws and regulations, monitor business line performance with compliance, address any potential gaps/issues and remediate
  • Review and approve external communications including marketing materials
  • Prepare regulatory filings (Form ADV 1, 2a, 2b and Form PF)
  • Manage (and assist in the development of) robust risk identification and compliance testing programs including risk matrixing, identifying opportunities for compliance testing and internal control enhancements, and investigating causes of unusual trends or activities that can be indicative of compliance issues
  • Aid the firm in becoming “exam ready” for any future SEC exams
  • Serve as a resource for investment professionals and outside counsel; attend Investment Committee meetings
  • Supervise the firm’s outside compliance consultant’s work
  • Manage projects involving third-party services providers and management of vendor due diligence
  • Execute email and other compliance surveillance activities; perform employee training
  • Assist with the creation and implementation of privacy and data policies, including compliance with various new regulations such as GDPR
  • Manage and assist with the preparation of regulatory filings related to the firm’s foreign investments

Requirements: 

  • 6+ years of compliance experience from a private equity fund (preferred), venture capital firm, hedge fund, traditional asset manager, compliance consulting firm, law firm, or SEC
  • JD required
  • Sincere desire to work in a compliance capacity and take over a compliance program
  • Individual will need to be comfortable handling a full suite of compliance responsibilities – absorbing tasks that may be considered menial and others that may be outside the scope of his/her current responsibilities
  • Proactive attitude and strong organizational skills are required
  • Demonstrated leadership skills including the balance of being assertive yet approachable is necessary
  • Ability to work in a deadline driven atmosphere without jeopardizing detailed/thorough work
  • An “outside the box” mindset will be helpful to this new hire as the role is newly created and somewhat fluid

Job Reference #1453

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