Sr. Compliance Associate -(Private Equity)

Howard-Sloan Search; Chicago (IL); Hybrid; USD 80,000 - 120,000; Full time

Job summary

A growing middle-market Private Equity Firm in Chicago seeks a Senior Compliance Associate to manage the firm's ethics program and compliance duties. The role includes collaboration with the Chief Compliance Officer and oversight of compliance-related tasks. Ideal candidates will have a Bachelor's degree and significant experience in compliance within investment management.

Qualifications

• 5-7 years of relevant compliance experience in private equity, hedge fund, or investment advisory.

Responsibilities

• Manage the Code of Ethics program and onboarding training for new hires.
• Conduct reviews of securities transactions and monitor personal trading.
• Assist with regulatory filings such as Form PF and Form ADV.

Skills

Compliance

Investment Management

Regulatory Knowledge

Education

Bachelor's Degree

Job description

An established and growing middle-market Private Equity Firm, with approximately $3 billion in assets under management (AUM), is seeking a Senior Compliance Associate.

This position will be responsible for managing and administering the firm's code of ethics program, as well as contributing to the development and management of the overall compliance program. The role involves close collaboration with and reporting to the Chief Compliance Officer (CCO).

Location: Downtown Chicago Office - onsite 4 days a week, with Fridays working remotely.

Responsibilities:

1. Manage the Code of Ethics program, including onboarding training for new hires and responding to employee inquiries.
2. Conduct periodic reviews of securities transactions and holdings reports, monitor personal trading, handle pre-trade clearance requests, review restricted lists, gifts and entertainment, outside business activities, and political contributions.
3. Create and document all periodic reviews, including employee certifications and attestations.
4. Update the firm’s code of ethics policies and procedures.
5. Collect, document, and maintain compliance reviews, books, and records in accordance with Rule 206(4)-7.
6. Assist with regulatory filings such as Form PF and Form ADV.
7. Review communication, social media, and marketing materials for compliance.
8. Generate ideas for investigations, documentation, and timely resolution of compliance issues.
9. Contribute to the strategic development of the compliance program.
10. Assist with additional compliance duties and special projects as needed.

Qualifications:

The ideal candidate will have a bachelor’s degree and 5-7 years of relevant compliance experience within a private equity fund, hedge fund, or investment advisory firm. A strong understanding of investment management and the Investment Advisers Act of 1940 is essential.