Compliance Officer

Taylor Root; Boston (MA); On-site; USD 180,000 - 240,000; Full time

Job summary

Taylor Root, on behalf of our client, is seeking a senior compliance professional to own the Rule 38a-1 and IA Act 206(4)-7 programs across the fund platform. The role collaborates with legal, finance, operations, and portfolio teams, including interaction with independent directors, to design, implement, and oversee the compliance program.

The ideal candidate has extensive experience building registered-fund programs, strong knowledge of the Investment Company Act, and a track record of guiding

Qualifications

• 7+ years of experience in a relevant firm.
• Strong grounding in the Investment Company Act of 1940.
• Direct experience building or running a registered-fund compliance program under Rule 38a-1.
• Experience working with independent directors.
• Familiarity with private credit and direct lending strategies.
• Some exposure to Form ADV and Form PF filings is helpful.
• Prior experience directing junior staff and third-party vendors.

Responsibilities

• Lead the design, build-out, and day-to-day administration of the fund complex's registered-fund compliance program, including the annual program review and related recordkeeping
• Serve as a key point of contact for independent directors, preparing and presenting periodic compliance updates and materials to fund boards
• Partner with portfolio managers and deal teams on transaction-level compliance questions, including pre-trade review of co-investment and related affiliated-transaction issues under the Investment Company Act
• Build out and maintain compliance policies and procedures across the platform, in partnership with legal, finance, and operations, designed to prevent, detect, and correct violations of securities laws
• Support regulatory examinations and inquiries, including readiness preparation and responding to findings from internal testing
• Review investor-facing communications and marketing materials for the business
• Work with finance and operations on compliance aspects of fund operations
• Set the compliance strategy for the platform's private fund vehicles and monitor related obligations under the Investment Advisers Act
• Represent the compliance function on cross-platform committees and firm-wide initiatives, and contribute to longer-term efforts to scale and strengthen the program
• Oversee and guide junior members of the compliance team, along with outside vendors such as compliance consultants and external legal counsel

Skills

Regulatory compliance

Cross-functional partnering

Leadership

Policy development

Industry knowledge

Job description

Our client is a global investment manager, seeking a compliance professional to join their team. This individual will take primary ownership of building and running the Rule 38a-1 compliance program and the associated Investment Advisers Act 206(4)-7 compliance program elements applicable to the business. The compliance officer will work cross-functionally with legal, senior leadership, operations, finance, and investment teams, including regular interaction with independent directors.

Responsibilities:

• Lead the design, build-out, and day-to-day administration of the fund complex's registered-fund compliance program, including the annual program review and related recordkeeping
• Serve as a key point of contact for independent directors, preparing and presenting periodic compliance updates and materials to fund boards
• Partner with portfolio managers and deal teams on transaction-level compliance questions, including pre-trade review of co-investment and related affiliated-transaction issues under the Investment Company Act
• Build out and maintain compliance policies and procedures across the platform, in partnership with legal, finance, and operations, designed to prevent, detect, and correct violations of securities laws
• Support regulatory examinations and inquiries, including readiness preparation and responding to findings from internal testing
• Review investor-facing communications and marketing materials for the business
• Work with finance and operations on compliance aspects of fund operations
• Set the compliance strategy for the platform's private fund vehicles and monitor related obligations under the Investment Advisers Act
• Represent the compliance function on cross-platform committees and firm-wide initiatives, and contribute to longer-term efforts to scale and strengthen the program
• Oversee and guide junior members of the compliance team, along with outside vendors such as compliance consultants and external legal counsel

General Qualifications

• 7+ years of experience gained at a relevant firm
• Strong grounding in the Investment Company Act of 1940, including co-investment and affiliated-transaction rules and broader fund governance requirements
• Direct experience building or running a registered-fund compliance program under Rule 38a-1; prior exposure to closed-end funds or business development companies is a plus
• Comfortable partnering with deal teams and portfolio managers throughout the investment lifecycle, functioning as a trusted business partner rather than a pure gatekeeper
• Familiarity with private credit and direct lending strategies and the compliance issues specific to that asset class
• Has presented to or worked directly with registered fund boards and independent directors
• Commercially minded, with experience collaborating alongside finance and operations teams and delivering under time pressure
• Some exposure to Form ADV and Form PF filings is helpful
• Prior experience directing the work of junior staff and third-party vendors