Senior Compliance Officer

JW Michaels & Co.; Chicago (IL); On-site; USD 140,000 - 240,000; Full time

Job summary

JW Michaels & Co. in Chicago seeks a Senior Compliance Officer to manage the day-to-day compliance program and a small team. You will oversee risk assessments, policy administration, and regulatory filings to support fund programs and governance.

The role requires extensive experience with the Investment Company Act of 1940 and the Investment Advisers Act of 1940, along with leadership of a compliance team and effective communication with boards.

Qualifications

• 10+ years’ experience as a compliance professional at an SEC-registered investment manager or SEC staff
• 3+ years’ experience in investment company compliance
• Strong understanding of Investment Company Act of 1940 and Investment Advisers Act of 1940

Responsibilities

• Oversee day-to-day compliance program management and guide a small team
• Lead risk assessments, testing, and policy administration
• draft and update compliance policies and respond to staff inquiries

Skills

Compliance oversight

Regulatory knowledge

Staff leadership

Job description

Highly regarded Investment Management firm is seeking a Senior Compliance Officer to join their office in Chicago. This individual will be responsible for the day-to-day management and oversight of the compliance program, including managing a small team.

Responsibilities:

• Conducting compliance oversight of credit investment activities and providing guidance regarding applicable policies, procedures and laws, including the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
• Risk Assessment and Testing. Directing and/or participating in regular risk assessments and
• Compliance Policies. Promulgating and administering compliance policies, including drafting new and updating existing policies and addressing associated staff inquiries.
• Code of Ethics. Reviewing Code of Ethics-related disclosures and pre-clearance requests
• Training. Providing compliance-related training for all levels of employees, appropriate to their respective roles and responsibilities
• Marketing and Advertising Review. Reviewing marketing and advertising materials, including flipbooks and Due Diligence Questionnaires, to ensure compliance with applicable rules and regulations
• Regulatory Filings and Exams. Making required filings under the Investment Advisers Act and coordinating responses to regulatory exams and information requests.
• Board Reporting. Assisting the CCO with quarterly and annual reporting to the boards of firm-managed registered investment companies
• Regulatory requests/exams

Experience Requirements:

• 10+ years’ experience as a compliance professional at an SEC-registered investment manager and/or staff member at the SEC
• 3+ years’ experience in investment company compliance