What are the responsibilities and job description for the Compliance Officer position at Amherst?
The Compliance Officer will assist the CCO with the effective implementation and administration of Amherst Residential’s compliance program. This position works closely with Amherst Residential’s Investment Banking, Portfolio Management, and Investment Operations areas. This position proactively works with subject matter experts to identify and escalate compliance risks and achieve strong compliance results.
In addition, s/he will support the business in developing appropriate controls and procedures to mitigate business and product specific risks and primarily responsible for developing and performing compliance monitoring/testing of the business’s controls.
Primary Responsibilities:
- Support Amherst Residential’s compliance program, including identification of key risks, assisting with developing/updating policies, as required and extending program to subsidiaries and other related entities
- Conduct compliance risk assessments, testing and monitoring in accordance with client agreements, regulatory requirements and best practices
- Conduct review and approval of marketing/advertising materials
- Coordinate the development and administration of compliance training initiatives for the firm
- Foster strong partnerships with other support functions whose teams execute required compliance program components
- Responsible for production of assigned regulatory deliverables, reports, and ad hoc requests
- Support response to due diligence questionnaires and investigations related to various third party business relationships
- Assist Chief Compliance Officer and other in-house counsel with ad hoc research and projects as necessary
- Prepare appropriate documentation and respond to compliance questions internally and externally
Required Skills:
- MBA degree or professional certification preferred
- 5 years’ relevant auditing or compliance experience in real estate or alternative asset management preferred (SEC-registered investment adviser a plus)
- Understanding of Enterprise Compliance Risk Management and best practices
- Excellent investigative, problem solving, analytical ability, oral and written communication skills
- The ability to manage stressful situations with internal clients and regulators, while maintaining a professional approach to problem solving
- Ability to effectively communicate with senior management and executives
- Strong interpersonal skills to influence and impact business decisions
- Ability to evaluate federal laws and regulations and evaluate financial, transactional or other data to determine trends
- Strong analytical mindset with an ability to synthesize data and quickly identify and resolve issues and with attention given to detail and accuracy
- Technical and professional skills or knowledge of testing methodology, risk and controls analysis
- Ability to lead and execute multiple projects (short and long term) and tasks independently, accurately and on time
- Experience with drafting, implementing and testing policies and procedures
- Advanced proficiency with Microsoft Office Suite
