VP Compliance (Investment Management)

One of our Alternative Asset Management clients is currently seeking to add a VP Compliance to their growing Alternative Investments Compliance Team. Ideal candidate will be working very closely with several Teams including but limited to Legal, Risk, Compliance, Investments/Finance, Sales and Regulatory.

Ideal candidate must be comfortable in a generalist capacity responsible for all facets of Compliance/Legal, Regulatory, and ah-hoc compliance reviews related to Firms Investments/ Operations.

Essential Functions:

• Assist Chief Compliance Officer with developing and implementing policies and procedures, systems and controls, training and communications, monitoring activities, and management reporting to prevent, detect and respond to violations of law and company policies
• Update and and maintain regulatory compliance policies and procedures;
• Collaborate with CCO a wide range of regulatory compliance initiatives, including:

monitoring activities to minimize exposure to risk and to ensure adherence to policies and procedures;

• Oversee new initiatives targeting process improvement, and highlighting potential policies and procedures changes
• Assisting in the implementation and administration of the compliance program, including federal banking regulations and business practices
• Prepare reports as necessary to be presented at Compliance, Risk and Management Committees
• Monitor and evaluation of potential risks arising from various business activities, regulatory changes, and internal control requirements.
• Work with all levels of Asset Management personnel with respect to the appropriate establishment, implementation, and documentation of regulatory processes and controls
• Collaborate with outside counsel to understand and close complex financing and other transactions.
• Review and approve sales communication/marketing and advertising literature for fund
• Conduct drills to measure the effectiveness of established compliance processes and controls and recommend and implement enhancements
• Implement and adapt the compliance program to new regulatory requirements
• Assist in the oversight of the Fund’s affiliated with vendor management/ third-party service providers
• Collaborate with various stakeholders to address regulatory matters
• Advise and train Portfolio Managers, Analysts and Traders on all trading and compliance issues, particularly in connection with potential material non-public information.

QUALIFICATIONS:

• Bachelor’s degree from an accredited college or university;
• JD/LLM or equivalent preferred
• 8 years experience in reputable Law Firm/Attorney with Private Investments/Financial Services experience
• Sound knowledge and understanding of relevant US regulatory requirements
• The candidate will have a demonstrated ability to analyze data and be able to present findings to the managerial level personnel.
• Ability to coach and develop individuals
• Minimum 8 years related professional (Compliance and/or Legal) experience (Asset Management/Hedge Fund/Private Equity/ Fund Administration or similar)
• FINRA Licenses (7 & 24) not required
• Intermediate to Advanced Microsoft Excel/PowerPoint skills are required.
• Effective oral and written communication skills and ability to listen effectively.