Deputy Chief Compliance Officer Fund Management

Top-tier Registered Investment Adviser is seeking a Deputy Chief Compliance Officer.

The successful candidate will assist the Chief Compliance Officer in conducting and enhancing the adviser’s “manager of mangers” oversight compliance program for a successful family of registered investment companies (the “Funds”).

The candidate will assist in all aspects of compliance with the Investment Company Act of 1940 (“1940 Act”) and the Investment Advisers Act of 1940 (“Advisers Act”) as well as specific fund restrictions for all open- and closed-end funds. Responsibilities include: reviewing potential guideline issues, supervising the monitoring of regulatory requirements, and assisting in the development and maintenance of the adviser’s compliance program.

The successful candidate will work under the direction of the adviser’s Chief Compliance Officer and with other attorneys and compliance professionals.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Conduct in-house reviews to test written policies and procedures in accordance with Rule 206(4)-7 of the Advisers Act;
• Responsible for the day-to-day management of compliance team; which includes:
• Supervise the Daily/Monthly/Quarterly monitoring of 1940 Act Funds to ensure adherence to fund investment guidelines and regulatory requirements;
• Provide guidance to the compliance analysts and sub-advisers as it relates to the interpretation and monitoring of compliance with the 1940 Act Fund requirements;
• Supervise the compliance process for the auction preferred shares of the proprietary closed-end funds;
• Assist in the supervision, development and completion of monthly checklists for 1940 Act Funds;
• Perform guideline review, summarize regulatory restrictions, develop and maintain fund checklist and oversee system guideline coding;
• Assist the CCO with preparation of board materials and requests for various compliance reports on behalf of the 1940 Act Funds;
• Conduct annual sub-adviser due diligence visits;
• Perform surveillance of electronic communications of adviser’s personnel;
• Assist and perform on-going education/compliance training for employees;
• Stay current with all changes to applicable rules and regulations;
• Assist with examinations and audits by internal and external parties; and
• Perform special projects and other duties as assigned.

QUALIFICATIONS:

• 5+ years of compliance experience in an asset management firm.

• Solid experience with the 1940 Act (interpreting 1940 Act fund and regulatory guidelines and restrictions). Knowledge of the Adviser’s Act a plus.
• Ability to interact with senior management and sub-advisers.