Job Description

The Chief Compliance Officer (CCO) is responsible for managing the day-to-day compliance functions for a small investment advisor firm. This hands-on position is responsible for administering the firm’s policies and procedures relating to personal trading, regulatory reporting, investment compliance, and marketing activities. The CCO will serve as the primary point of contact for compliance reviews. The ideal candidate will be highly proactive in staying abreast of regulatory changes and will demonstrate a collaborative approach in partnering with firm leadership to ensure successful administration of the compliance program. The successful candidate will employ outstanding judgment and balance practical business needs with the letter and spirit of the law.

Primary Responsibilities

• Oversee compliance for the firm’s investment adviser operations, tracking regulatory developments and requirements.
• Partner closely with business leadership to effectively maintain a credible compliance program amid changes in the regulatory landscape.
• Ensure effective controls are in place to meet core regulatory requirements.
• Provide advice to management regarding how to comply with laws and regulations, as well as monitor basic business unit compliance.
• Report regularly to management on compliance gaps and partner with leadership to develop appropriate strategies to address business needs.
• Provide compliance training and guidance across the firm.
• Supervise the compliance monitoring program and testing related to SEC Rule 206(4)-7.
• Actively identify risks and help facilitate practical solutions to mitigate them to acceptable levels.
• Draft and update internal compliance policies and procedures as applicable.
• Oversee firm-wide education programs, including the annual compliance meeting.
• Oversee the firm’s Code of Ethics, including monitoring employees’ personal securities transactions.
• Supervise basic investment guideline monitoring.
• Ensure prudent compliance oversight of the firm’s primary service providers and vendors.
• Assist firm operations in overseeing basic cybersecurity, business continuity, and disaster recovery compliance steps.
• Prepare regulatory filings and assist with regulatory exams or inquiries.
• Review marketing and sales materials to ensure they conform with standard regulations and policies.

Qualifications and Experience

• Minimum of 3 to 5 years of hands-on asset management and compliance experience (scaled down to align with firm size and budget).
• Solid fundamental understanding of the Investment Advisers Act of 1940.
• Experience participating in or assisting with regulatory examinations.
• Familiarity with standard asset management products and services, such as separately managed accounts and model portfolios.
• Adept at collaboration with and advising a small team, including senior management.
• The ability to identify issues and exercise sound judgment in a fast-paced environment.
• Excellent verbal and written communication skills, with comfort presenting directly to firm management.
• Strong project management and organizational skills to operate effectively as an individual contributor.
• Bachelor’s degree required.

Schedule & Benefits

• Schedule: Day shift, Monday to Friday.
• Benefits: Health insurance and 401(k) matching.
• Supplemental Pay: Bonus pay potential based on firm performance.

Pay: $95,000.00 - $105,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off

Work Location: In person