Director/VP of Compliance, Merchant Banking

New York, NY

Job Reference #1860

Our client, one of the world’s largest advisory and asset management firms, is seeking a Director or Vice President of Compliance to cover their Merchant Banking division in the US.   This role provides advice and support to senior management and will be responsible for a variety of compliance responsibilities.

Key Points

  • Firm has been around for over 40 years and has an incredibly sticky and stable investor base
  • Position is open due to their continued growth and will report to the Head of Global Compliance
  • Person will be focused on the Merchant Bank business, which includes private equity, credit and direct lending strategies (20b in AUM)
  • Firm offers a strong quality of life with a flexible work from home policy

Responsibilities

  • Management of compliance arrangements for the firm’s trading activities in line with required US regulations
  • Management of the firm’s information barriers, and related control room activities
  • Work with the wider Compliance team to clear relevant transactions, assisting with the implementation of appropriate controls
  • Assisting the business with assessment and control of MNPI, review of insider list arrangements, watch and restricted lists
  • Maintain trading surveillance functions including daily review, alerts, and breach investigation
  • Contribute to the on-going development of the compliance framework, including writing and maintaining policies and procedures in a dynamic environment
  • Continued assessment of current and emerging US regulation and its impact on the Group

Qualifications

  • 7+ years of experience in similar role with a proven track record in compliance within Investment Management
  • With strong preference for Private Equity or Private Debt experience
  • Thorough knowledge of Investment Company Act of 1940
  • The ideal candidate is a team player who can work independently and handle regulatory and compliance queries with senior stakeholders
  • Ability to build strong relationships within the team and businesses, motivated, proactive, willing to learn, and have integrity, discretion, and confidentiality.

Compensation: $150-$200k base + bonus (up to 400k all in), depending on experience