Our client, a $1B+ long/short equity hedge fund with a tremendous reputation, has a newly created opening for a CCO++. This new hire will be a part of the team’s executive leadership and help spearhead their compliance program efforts while also contributing in meaningful ways across other areas of the business such as legal, HR, operations, and business administration as necessary. This is an incredible opportunity for an extremely intelligent, motivated, and commercial compliance professional to own a program and be a part of an incredible group of individuals.
Key Points
- Individual will sit at the CCO with exposure to all areas of the business and work intimately with the fund’s founder, COO, and CFO
- Organization is comprised of top talent – this is a role for someone who wants to be surrounded by and elevated by tremendous individuals with impressive careers and accomplishments
- Opportunity to make a huge impact on a fund that is at an inflection point of growth and institutionalizing processes
Responsibilities
- Execute the core of the compliance program: monitor Code of Ethics, review marketing materials, provide trade surveillance, create policies and procedures, perform compliance testing, chaperone expert network calls and prepare all regulatory filings
- Stay up to date on regulatory developments and industry trends to ensure the compliance program remains current and effective
- Advise the investment team on trade-related inquiries and matters
- Provide strategic advice to the PM and COO on business matters pertaining to legal, compliance, risk management, or anything that could use improvement – the team fosters an environment of elevating business practices
- Conduct compliance trainings, and work closely with the firm’s outside compliance consultant
Requirements
- 7-14+ years of regulatory compliance experience within an investment manager (with long/short equity exposure)
- High-achiever – someone passionate about building out a best in class program; this team focuses on hiring individuals who go above and beyond the focus of a job as everyone is a utility player and the reach that this person can have is far
- Proactive mindset; someone who considers themselves a thought leader with impeccable organization skills
- JD strongly preferred but not required (this person could potential become GC if they demonstrate the acumen for the job over time)
Compensation: $200-250K base; $350-500K all-in