DIRECTOR, COMPLIANCE

Cresset Capital; Chicago (IL); On-site; USD 130,000 - 165,000; Full time

Job summary

An established industry player is seeking a Compliance Director to ensure adherence to regulatory requirements and develop compliance policies for private funds. This role demands a proactive, detail-oriented individual with a strong background in regulatory compliance, particularly within the RIA sector. The position offers a competitive salary and a comprehensive benefits package, emphasizing the value of its employees. Join a firm that prioritizes client relationships and employee satisfaction, contributing to a legacy of excellence in wealth management.

Benefits

Medical insurance

Dental insurance

Vision insurance

401(k) retirement plan

Health savings accounts

Short and long-term disability insurance

Voluntary critical and accident insurance

Pre-tax parking and transportation programs

Equity in the company

Qualifications

• 7+ years experience with an RIA or regulatory organization.
• Proficiency in SEC regulations, including the Advisors Act.

Responsibilities

• Monitor adherence to regulatory and compliance requirements.
• Develop and maintain compliance policies and procedures.

Skills

SEC regulations

Compliance policies

Attention to detail

Organizational skills

Communication skills

Proficiency with Microsoft Office Suite

Experience with RIA

Team player

Education

4 Year Degree

Tools

Microsoft Office Suite

Artificial Intelligence tools

Job description

Job Details

Level: Senior

Job Location: Chicago Office - Chicago, IL

Position Type: Full Time

Education Level: 4 Year Degree

Salary Range: Undisclosed

Description

About Cresset

Cressetis a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success.

We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first.

Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work,*Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.

Job Description

The Compliance Director will help support the ongoing efforts of the Compliance Department by ensuring our firm remains compliant with all applicable regulatory requirements, including SEC regulations and relevant laws governing private funds. This is a great opportunity for a person with experience at a private fund RIA. The Candidate should be a proactive, resourceful, self-starter with a roll-up-your-sleeves mentality, who is extremely organized, detail-oriented, and precise, while remaining flexible to changing priorities.

Key Responsibilities

• Monitor and ensure adherence to regulatory and compliance requirements for private funds managed by the firm.
• Develop and maintain compliance policies and procedures related to private fund operations, including reviewing offering documents, fund investments, and marketing materials.
• Assist with timely and accurate filing of regulatory reports (e.g., Form ADV, Form PF, and other required filings).
• Coordinate with fund administrators, fund accounting team, and auditors as necessary.
• Provide guidance and training to internal teams regarding compliance best practices and regulatory changes related to private funds.
• Liaise with internal business units and manage the review of private fund activities and disclosures and facilitate any necessary remediation
• Review investor agreements, fund documents, and side letters to ensure compliance with applicable policies and regulations.
• Conduct periodic compliance assessments and follow up on corrective actions.
• Stay up-to-date on evolving regulatory requirements affecting private funds, including changes in SEC rules, Dodd-Frank Act provisions, and other applicable laws.

Qualifications Beneficial to the Responsibilities of the Position

• College graduate
• Proficiency in SEC regulations, including the Advisors Act.
• 7+ years experience with an RIA or regulatory organization
• Experience with a registered investment advisor in a compliance role.
• Exceptional organization and planning skills with ability to multi-task
• Team player
• Attention to detail and follow-through
• Versatile, flexible, and a willingness to work with changing priorities
• Strong communication, written, verbal and listening skills
• Proficiency with Microsoft Office Suite (Word, Excel, and PowerPoint, and Outlook)
• Familiar with Artificial Intelligence tools

What We Offer

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. Starting base salary range: $130,000- $165,000. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

*Disclosures related to awards, recognitions, and rankings availablehere.

Cresset refers to Cresset Capital Management, Peakline Parent, LLC, and all of their respective subsidiaries and affiliates. Cresset Asset Management, LLC, also conducting advisory business under the names of Cresset Sports & Entertainment and CH Investment Partners, provides investment advisory, family office, and other services to individuals, families, and institutional clients. Peakline Partners, LLC, provides investment advisory services strictly to investment vehicles investing in private equity, real estate, and other investment opportunities. Cresset Asset Management, LLC, and Peakline Partners, LLC, are SEC registered investment advisors.