We are representing a fast-growing Asset Management firm in their search for a Chief Compliance Officer in Austin, TX.
Why Join Us:
• SEC Registered firm established in 2019 that doubled its AUM in 2022 and continues to grow
• Well-established culture of compliance via an outsourced CCO – due to anticipated growth the firm is looking for an in-house CCO who will strengthen and build on this strong foundation
• Firm has several growth opportunities and the CCO will work alongside Executive Committee on vetting these
Responsibilities:
• Reporting to the Executive Committee, you will oversee all aspects of the compliance program, including managing compliance workflows, regulatory filings and regulatory engagement, assisting in maintaining a culture of compliance and ensuring policies, procedures, systems and controls are in place that support regulatory requirements
• Partner with Executive Committee to identify compliance risks, implement measures to mitigate risks and manage priorities
• Monitor the effectiveness of established compliance processes, policies, procedures and controls and recommend and implement enhancements to comply with applicable laws and other regulatory standards
• Determine controls and metrics that enable operations in a manner that will meet compliance obligations
• Maintain and nurture proactive and productive relationships with regulators, including SEC and FINRA
• Assist regulators, auditors and business management with regulatory exams and inquiries
• Manage and coordinate all communications with regulatory bodies including preparation of regulatory filings, ensuring filings and reporting are accurate and completed in accordance with SEC requirements on timing
• Ensure that appropriate regulatory processes and controls are established and documented
• Provide compliance support for new products and business initiatives
• Identify, evaluate and analyze the impact of regulatory issues and new regulatory developments; advise Executive Committee regarding the impact on the firm and appropriate enhancements to the compliance program
• Provide guidance to all departments regarding compliance issues and implementation of new compliance requirements with respect to regulatory and contract language
• Identify, develop, organize, and deliver necessary compliance related training and communications
• Conduct compliance audits; develop and implement corrective action plans as necessary
• Review customer inquiries, issues, and complaints; investigate where appropriate and recommend resolutions
• Maintain and implement vendor due diligence, privacy policies, and cybersecurity related procedures
• Maintaining firm’s code of ethics system (Compliance Alpha) including review of transaction alerts and employee trading activity; track gift and entertainment reporting; review of political contribution pre-clearance requests; and quarterly and annual employee compliance certifications
• Identify potential conflicts of interest and provide interpretive guidance and recommend resolutions
• Oversee marketing activities, recordkeeping, domestic and foreign regulatory reporting, oversight of custody issues and reporting, maintaining compliance manuals, supervising compliance audits, and ongoing assessment of conflicts of interest
• Develop a comprehensive testing plan and conduct periodic testing programs to document and assess the adequacy of the firm’s policies and procedures
Requirements:
• If not already living in the Austin TX area, you will be required to relocate there with assistance provided
• Demonstrable experience managing compliance at a Registered Investment Advisor, with strong knowledge of 40 Act and 40 Company Act compliance management including direct liaison with the SEC; NFA, Derivatives, Sub-Adviser oversight experience is a plus
• Essential: Bachelor’s Degree; JD is preferred but not essential
• You will have a proven operational compliance focus, with demonstrable exposure to working independently in a hands-on capacity for a fast-growing dynamic company
Application Process for Chief Compliance Officer – Qualified professionals are to submit Resume to Steve Harrison at: steve@conselium.com
Published by Conselium Executive Search, the global leader in compliance search.
