Director, 1940 Act Compliance

Trevose Partners; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Trevose Partners is seeking a Director of Compliance in New York City to oversee compliance for registered investment products such as mutual funds and ETFs. The ideal candidate will lead the compliance program for the 1940 Act and 33 Act products, advising on new fund launches and monitoring regulatory developments. A bachelor's degree is required, along with 8–12+ years of relevant experience and strong knowledge of investment company regulations.

Qualifications

• 8–12+ years of compliance, legal, regulatory, or operational experience in asset management or financial services.
• Strong knowledge of the Investment Company Act of 1940 and the Securities Act of 1933.

Responsibilities

• Lead and enhance the compliance program for 1940 Act and 33 Act products.
• Advise on new fund launches and regulatory filings including ETFs.
• Oversee review of marketing and fund documentation for compliance.

Skills

Compliance program enhancement

Regulatory advisory

Monitoring regulatory developments

Education

Bachelor’s degree

JD or MBA

Job description

My client, a leading asset management firm based in Midtown is looking for a Director, 1940 Act / 33 Act Compliance professional. This person will be responsible for overseeing the compliance framework for registered investment products, including mutual funds, ETFs, closed-end funds, and other Securities Act registered offerings.

Key Responsibilities

• Lead and enhance the compliance program for 1940 Act and 33 Act products, including policies, procedures, controls, and testing.
• Advise on new fund launches, product changes, and regulatory filings, including ETFs and other registered products.
• Partner with portfolio management, trading, capital markets, operations, and fund administration on day-to-day compliance matters.
• Oversee review of marketing, disclosure, shareholder communications, and fund documentation for compliance issues.
• Monitor regulatory developments and translate them into practical policies, controls, and training.
• Support board materials, compliance reporting, and annual program reviews where applicable.
• Identify and elevate compliance risks, remediation items, and control gaps.
• Coordinate with internal and external counsel, auditors, administrators, and regulators as needed.

Required Qualifications

• Bachelor’s degree required; JD, MBA, or equivalent advanced degree preferred.
• 8–12+ years of compliance, legal, regulatory, or operational experience in asset management or financial services.
• Strong knowledge of the Investment Company Act of 1940 and the Securities Act of 1933.