Our client, a $50B+ diverse and complex fund, is hiring an exceptional individual as their #2 within the compliance department to support the CCO in a buildout of their regulatory function. The firm is currently consolidating and refiguring their investment management division, so the Senior Director will play a critical role in this newly formed team. This hire will be an integral part of the firm’s operations, collaborating with Investment, Marketing, Finance, Investor Relations and Operations professionals. With the support of the CCO, the Senior Director will assist in overseeing the entirety of the compliance program inclusive of hiring, training, and mentoring a junior staff.
Key Points:
- Opportunity to have influence over the direction of the firm’s compliance program
- High visibility role with a voice in evaluating and managing risks within the organization
- Organization has a phenomenal reputation in the industry and this group is newly formed offering a unique setting of working in a fund with considerable AUM in a newly designated capacity
- Culture of compliance is strong and the team is committed to finding a sharp, intellectually stimulated individual who can help drive excellence across the program
Responsibilities:
- Oversee all aspects (planning, preparation, and review) of regulatory filings
- Along with the CCO, manage the entire compliance program from conducting compliance testing to ensuring effective cybersecurity policies and procedures are in place to Code of Ethics work
- Collaborate with the firm’s investment professionals and marketing team to review marketing decks/investor letters/DDQ responses
- Stay up to date on regulatory developments and industry trends to ensure the compliance program remains current and effective; develop new compliance initiatives
- Aid the firm in being “exam ready” for any future SEC exams; manage regulatory exams and requests, serving as a point of contact for the SEC and other regulatory authorities
- Serve as a resource for investment professionals and outside counsel; attend Investment Committee meetings
- Manage projects involving third-party services providers and management of vendor due diligence
- Manage the restricted list and address incoming investment team requests such as wall crosses, trade requests, conflict checks, ad other time sensitive items.
Qualifications:
- 10+ years of regulatory compliance experience required specifically within a complex organization
- Bachelor’s degree; JD is not required but will absolutely be considered
- Expertise in regulatory compliance relevant to SEC-registered investment advisers, either as an in-house compliance professional, compliance consultant, or attorney
- Previous experience in the private credit industry is highly desired
Compensation Expectations: $450-650K all-in