What are the responsibilities and job description for the COO/CCO position at Forvm Global Investments?
Chief Operating/Chief Compliance Officer - Global Macro Fixed Income Hedge Fund Manager
Forvm Global Investments LLC is a New York-based hedge fund manager specializing in global inflation alpha products.
Main Areas of Focus/Job Responsibilities:
- Overseeing day-to-day management of the Firm's compliance and operations functions.
- As part of Forvm's management team, interfacing with internal and external clients, front, middle, and back office, legal counsel, service providers, trade counterparties, and all relevant federal (SEC, NFA et cetera) and state/local entities on all regulatory, compliance, and operational matters.
- Ensuring that the Firm is in compliance with all current regulations applicable to its operations.
- Establishing the strategic direction for all compliance and operational initiatives.
- Reviewing investment advisory contracts, third party vendor contracts and all other arrangements between the Firm and external parties.
- Maintaining and establishing relationships with service providers, including Prime Broker, Custodian, Fund Administrator, and other service provider relationships. Maintaining and establishing trading relationships, including ISDA and GMRA agreements.
- Fostering an institutional-quality operating environment, including structure, accountability and reporting framework, with the flexibility to respond to the dynamic needs of a growing firm.
- Monitoring and reconciliation of cash, securities, and collateral positions, trade flow from front to back office; working alongside PMs and traders as necessary.
- Adopting industry best practices in operational, counterparty, and risk management.
- Establishing and maintaining detailed and comprehensive policies and procedures.
- Staying abreast of new products, technologies, and applications, as well as their implications for assigned business areas.
- Assuring data availability and connectivity, redundancies for data storage, system maintenance and troubleshooting.
- Assisting with and monitoring client communications, marketing, and all other external facets of the Firm's growth.
The successful candidate will possess the following skills and characteristics:
- >15 years' experience in progressively senior compliance and operations roles at a hedge fund, asset manager, wealth manager, or other financial services industry firm.
- Experience with government bonds, inflation linkers, rates and fixed income products a plus.
- Bachelor's degree in business, finance, law, regulatory compliance or related field required. Advanced degree or professional designation preferred. Juris doctorate from an accredited ABA approved law school a plus.
- Experience with the U.S. regulatory system in general, and specifically knowledge of SEC, CFTC, and NFA laws, rules and regulations.
- Analytical knowledge of complex products, issues, and people, and the operational, financial, systemic, and risk management processes around such products and services.
- Excellent communication, leadership, relationship-building, and project management skills. Attention to detail, analytical skills and resourcefulness.
- Ability to contribute to a culture of excellence through service, process, and leading by example.
- Intellectually curious, who will constantly pursue optimality across the Firm's operations.
- Sound business judgement in handling complex and highly confidential matters with integrity and professionalism.
- Candidates must be dynamic problem solvers who have the ability to manage high pressure situations and time constraints