Supervision Officer

Investment management firm located in NYC looking to bring on a new "Supervision Officer" to join their team. This role is full time in office.

Responsibilities:

• Provide procedural guidance to Portfolio Managers, Wealth Advisors, Salespersons, administrators and internal business partners via email, telephone inquiries and meetings

• Principal review and approval of account maintenance and new accounts, including natural person and entity new accounts, with strategies spanning across asset classes (equity, fixed income, private equity/credit and hedge funds) with emphasis on best interest standards, investment policy statement (IPS) review and meeting appropriate documentation requirements

• Monitor Discretionary & Non-Discretionary Investment Advisory program relationships, using proprietary firm tools, with focus on identification, mitigation and resolution of alerts related to IPS Compliance (including but not limited to deviation from asset allocation/risk profiles, suitability of portfolio holdings, alternative investment exposure, and related account activities within client relationships)

• Timely review and approval of client correspondence, including print and electronic communications, such as customized presentations, strategy decks and email surveillance in accordance with FINRA and SEC rules regarding communications with the public, all under tight deadlines

• Assist in the analysis, development and implementation of policies and procedures to ensure compliance with various regulations including the Investment Advisers Act of 1940 and the Investment Company Act of 1940 rules and regulations

• Review and evaluate portfolio holdings verse client account objectives to ensure compliance with best interest standards.

• Evaluate periodic supervisory reports focused on suitability of portfolio holdings and activities within client accounts and liaise with PW teams on resolution of exception items.