What are the responsibilities and job description for the Compliance Associate position at Fernridge Group?
Compliance Associate (New York, New York): Our client, a newly formed alternative asset management firm, is seeking a Compliance Associate to join their Legal and Compliance Team in a newly created position.
Highlights:
- Newly created opportunity for a brand new hedge fund launch that is backed by a reputable PE firm
- Opportunity to get in on the ground floor with a team of seasoned and successful investment professionals who have plans to grow this firm north of $10B in the foreseeable future
- True generalist role that will help the GC/CCO build out and run compliance
Responsibilities:
- Ensuring compliance with the Investment Advisers Act, the Investment Company Act, federal securities law, and other relevant regulations by assisting in the Firm's global compliance program, records, and systems, which include regulatory filings, examinations, investigations, regulatory inquiries, audits, and inspections
- Manage the Firm's code of ethics/personal trading policies utilizing compliance software
- Liaise with employees to ensure all required personal trading information is provided to the Firm to enable trade monitoring
- Assist with annual compliance audits and annual compliance trainings
- Assist with all regulatory filings including Form ADV and Form PF
- Review, edit and approve marketing materials, PPMS, and social media
- Manage other investment related compliance processes, including oversight of any trade errors, cross trading, and allocation exceptions
- Assist with testing and monitoring functions such as monthly and quarterly compliance testing (e.g., fee testing, trade testing, and compliance with other policies and procedures)
- Undertake ad-hoc compliance related projects, as assigned
Qualifications:
The ideal candidate will possess the following qualifications
- Bachelor's degree with a strong academic record from an accredited college or university
- 2- 4 years of compliance experience in the investment management space
- Working knowledge of the Investment Advisers Act and Investment Company Act
- Strong professional initiative, practical problem-solving ability, and excellent attention to detail
- Ability to prioritize in a fast paced, high pressure, constantly evolving environment with high urgency and ownership
- Effective business writing and verbal communication skills
- Competency in MS PowerPoint, Excel, Word
- Ability to use sound judgment and discretion regarding confidential information
- Ability to work independently on projects with minimal oversight and effectively manage priorities and develop ownership of systems and processes
Salary : $120,000 - $160,000
