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Asset Management Compliance Officer

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POST DATE 9/3/2016
END DATE 12/19/2016

The Compliance Search Group New York, NY

New York, NY
AJE Ref #
Job Classification
Full Time
Job Type
Company Ref #



Our client, a well respected, long established money management firm seeks a highly motivated and organized individual to serve as Compliance Officer (CO). The CO will make recommendations to the company regarding interpretation and implementation of policies, procedures and processes to address federal and state regulatory compliance issues and set them to the highest standards.


* Aids SVP, Chief Compliance Officer and management on compliance and supervisory matters
* Help develop, draft and execute policies and procedures that are designed to detect and prevent violations of the federal securities laws and mitigate various types of risk, including compliance and operational risk
* Conduct reviews to assess compliance and operational risks, develop associated controls
* Lead portions of period and annual risk testing processes
* Review and analyze various reports and business practices against existing policies and procedures, suggest changes to address changes to business practices
* Provide guidance to the business as necessary on compliance, client guideline interpretation and regulatory issues
* Conduct portfolio reviews and create portfolio tests through the Charles River trading system
* Manage the identification, communication and tracking of regulatory changes and analyze the impact of such changes for the company
* Identify potential areas of compliance vulnerability and risk and aids in development and implementation of corrective action plans for resolution of such vulnerabilities
* Continuously review current policies, procedures and surveillance activities to seek to modify and improve the compliance program
* Administer and provide reporting on the Code of Ethics and personal trade pre-clearance
* Review and file marketing materials
* Work on regulatory related inquiries and examinations
* Assist with the development and implementation of relevant employee training
* Will have thorough knowledge of the firm's products, trading strategies and market characteristics


* Undergraduatedegree or an equivalent combination of training and experience. Graduatedegrees preferred
* A minimum of five years of compliance, risk management, or auditing experience from which knowledge in internal control and risk management was obtained. Asset management industry experience, including mutual fund business preferred.
* Experience with assessing risks at an investment management firm, developing controls to address risks, and conducting testing of the effectiveness of the controls
* Experience working with the Charles River trade system
* Experience reviewing advertising material for compliance with FINRA regulations
* FINRA Series 7 and 24 and preferred
* Knowledge of Investment Company Act of 1940, Investment Advisers Act of 1940 and FINRA Rules and Regulations
* Knowledge of SEC and FINRA regulations required


* Experienced with coding and operating compliance systems employed in monitoring investment guidelines and restrictions (e.g., Charles River)
* Sense of urgency to manage work within tight timeframes
* Proficiency in Microsoft Office products, in particular Excel
* Ability to manage multiple tasks simultaneously
* Ability to work as a contributing member of a team
* Prefer working in team environment
* Excellent communication skills, both written and oral
* Fine attention to detail
* Experience with developing programs to test the effectiveness of controls