Compliance Director

Eventide; Boston, Northern (MA, KY); Hybrid; USD 140,000 - 170,000; Full time

Job summary

Eventide is a pioneering asset management firm focused on capital deployment to advance the global common good. Founded in 2008, Eventide embraces values-based investing and a biblical worldview.

The company has earned Best Places to Work awards and is dedicated to honoring God while serving clients through purposeful investments. Eventide is seeking a Compliance Director who will lead the design, implementation, and continual improvement of the compliance program.

Qualifications

• Bachelor’s degree in business, economics, or related field required; JD and/or MBA experience preferred.
• 10+ years in a financial services role involving compliance, legal or audit responsibility related to investment advisers, private funds, investment companies, and related distribution practices.
• Strong knowledge of the Investment Advisers Act and the Investment Company Act, including prior responsibility for related controls, policies, and/or reporting.
• Experience with a variety of product types, and in particular, private funds.

Responsibilities

• Draft and enhance policies and procedures related to Eventide’s private funds, separately managed accounts, mutual funds and ETFs, and provide guidance on their implementation, including effective compliance training.
• Analyze and research complex regulatory matters involving investment advisers, investment companies, marketing and distribution practices, and changes to business activities and regulations.
• Design, draft and maintain policies, procedures, responses to questionnaires (e.g. 15c, RFP, due diligence), regulatory filings (e.g. Form ADV, Form PF), compliance calendars, and other documents supporting compliance programs maintained by Eventide and the Eventide Funds under Rule 206(4)-7 and Rule 38a-1, respectively
• Review advertising, social media, electronic communications, conflicts of interest, fund disclosures, contracts, and other compliance oversight functions
• Perform oversight of sub-advisers, and help support GIPS compliance and valuation processes (Rule 2a-5)
• Present complex matters and recommendations to internal and external parties including senior management, sub-advisers, vendors, and regulators
• Provide regulatory training and guidance to all Eventide departments including portfolio managers, research analysts, trading, finance, sales and marketing, and operations
• Perform periodic risk assessments and testing
• Provide support for regulatory examinations and inquiries
• Monitor regulatory developments and provide updates to senior management
• Improve compliance processes to continually enhance efficiency and effectiveness, including through automation

Skills

Analytical skills

Communication skills

Writing skills

Attention to detail

Collaboration

Time management

Independent work

Education

Bachelor’s degree in business, economics, or related field

JD and/or MBA

Tools

AI

Google

Microsoft

Spreadsheets

EDGAR

Red Oak

MyComplianceOffice

Job description

Eventide is a pioneering asset management firm that seeks to put capital to work in businesses that advance the global common good by helping to address important human needs.Founded in 2008, Eventide has since become one ofthe leaders in values-based investing rooted in a biblical worldview. Our principled investment framework has been recognized by the Wall Street Journal,Barron’s, Investment News,Fast Company, Entrepreneur, among others.

Our best-in-class culture has been awarded multipleBest Places to Work awards from the Boston Globe, Boston Business Journal and Pension and Investments.Eventide employees work hard for the sake of others—our clients, our colleagues, and our world.Our mission is to honor God and serve our clients through investments that make the world rejoice.

Eventide is seeking to hire a Compliance Director who will be responsible for providing thought leadership regarding the design, implementation, testing, and continual improvement of Eventide’s compliance program. The Compliance Director will enjoy excellent opportunities to advise senior management and gain knowledge across a wide range of topics. This position reports directly to Eventide’s Chief Compliance Officer and works closely alongside three additional members of the compliance team.

Duties and Responsibilities

• Draft and enhance policies and procedures related to Eventide’s private funds, separately managed accounts, mutual funds and ETFs, and provide guidance on their implementation, including effective compliance training
• Analyze and research complex regulatory matters involving investment advisers, investment companies, marketing and distribution practices, and changes to business activities and regulations
• Design, draft and maintain policies, procedures, responses to questionnaires (e.g. 15c, RFP, due diligence), regulatory filings (e.g. Form ADV, Form PF), compliance calendars, and other documents supporting compliance programs maintained by Eventide and the Eventide Funds under Rule 206(4)-7 and Rule 38a-1, respectively
• Review advertising, social media, electronic communications, conflicts of interest, fund disclosures, contracts, and other compliance oversight functions
• Perform oversight of sub-advisers, and help support GIPS compliance and valuation processes (Rule 2a-5)
• Present complex matters and recommendations to internal and external parties including senior management, sub-advisers, vendors, and regulators
• Provide regulatory training and guidance to all Eventide departments including portfolio managers, research analysts, trading, finance, sales and marketing, and operations
• Perform periodic risk assessments and testing
• Provide support for regulatory examinations and inquiries
• Monitor regulatory developments and provide updates to senior management
• Improve compliance processes to continually enhance efficiency and effectiveness, including through automation

Qualifications

• Bachelor’s degree in business, economics, or a related field required; JD and/or MBA experience preferred
• 10+ years in a financial services role involving compliance, legal or audit responsibility related to investment advisers, private funds, investment companies, and related distribution practices
• Strong knowledge of the Investment Advisers Act and the Investment Company Act, including prior responsibility for related controls, policies, and/or reporting
• Experience with a variety of product types, and in particular, private funds
• Strong analytical, communication, and writing skills, with high attention to detail
• Experience with FINRA and investment adviser advertising requirements
• Advanced systems and data skills, including AI, Google, Microsoft, spreadsheets, Edgar, Red Oak, MyComplianceOffice system
• Ability to work well independently, prioritize, and manage time effectively in a fast-paced and changing environment
• Ability to collaborate effectively with other members of the Compliance Team and employees across the organization
• Proven history of improving control functions for investment advisers and/or funds
• Passion for and commitment to Eventide’s mission and investment philosophy; experience in values-based investments or organizations preferred
• Demonstrate the core values of Eventide in execution of duties and decision-making
• Ability to work within compliance of Eventide’s Code of Ethics

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as required to meet the ongoing needs of the organization.

Department:Compliance

FLSA Status:Exempt

Position reports to:Chief Compliance Officer

Position supervises:No one

Compensation Range:
The pay range for this position is $140,000 - $170,000 annually. This range represents the base salary the company reasonably expects to pay for this role, depending on factors such as skills, experience, and qualifications. This position is also eligible for generous discretionary bonuses and other forms of compensation. Actual compensation paid may vary based on geographical location and other business considerations.