VICE PRESIDENT, COMPLIANCE OFFICER

Cerberus Capital Management, L.P; New York (NY); On-site; USD 200,000 - 225,000; Full time

Job summary

An established industry player is seeking a compliance officer to enhance its operational integrity. This role involves ensuring adherence to ethical standards and safeguarding investments against financial crimes. The ideal candidate will engage in due diligence, advise on compliance policies, and monitor portfolio investments. With a focus on national security, anti-money laundering, and business ethics, this position offers a dynamic environment where your expertise will directly impact the organization's success. Join a forward-thinking firm that values collaboration and integrity in its mission to drive long-term value.

Qualifications

• 5+ years of compliance and white-collar litigation experience.
• Experience with anti-money laundering and trade sanctions.

Responsibilities

• Conduct due diligence reviews across all business lines.
• Draft compliance policies for portfolio companies.
• Monitor and test portfolio company investments.

Skills

Compliance and regulatory knowledge

Due diligence expertise

Anti-money laundering experience

Trade and economic sanctions knowledge

Project management skills

Tools

Bridger (Lexis-Nexis)

Clear (Thomson Reuters)

Dow Jones (Risk Center)

Sayari

Job description

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $65 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com .

Job Purpose :

Cerberus is seeking an analytical and collaborative individual who is interested in serving as a compliance officer within our operations affiliate, Cerberus Operations and Advisory Company, LLC. This individual will play a pivotal and diverse role in safeguarding our organization and its investments against financial crimes and ensuring adherence to ethical standards. The role will involve participation in all stages of the investment lifecycle including pre-acquisition diligence, advising companies in the adoption of compliance policies and procedures, monitoring, testing, and mitigation during the course of an investment, and reverse-diligence and sale-readiness on exit. Focus areas will include national security, lobbying, business ethics, anti-money laundering, trade & economic sanctions, anti-corruption, and litigation history (the "Core Focus Areas") and coordinating with other subject-matter experts in areas such as employee benefits and human resources, risk-management / insurance, ESG, data-privacy, and cyber security ("Secondary Focus Areas").

• Due diligence reviews of potential investments across all business lines from the perspective of the Core Focus Areas.
• Review and edit counterparty and transactional legal agreements from the perspective of the Core Focus Areas.
• Draft "model" policies for portfolio companies across Core Focus Areas, and across Secondary Focus Areas in consultation with other subject-matter experts, and oversee adaptation and implementation of such policies.
• Monitoring and testing of portfolio company investments with a primary focus on North American investments in private equity, lending, and supply chain strategies.
• Assist with designing and providing compliance training for Core Focus Areas.
• Advise on portfolio company to portfolio company transactions.
• Advise on Cerberus-related compliance matters including (i) management incentive plan approvals, (ii) management-fee offsets, and (iii) employee matters including moves between Cerberus and portfolio companies, among Cerberus affiliates, and of full-time employees to consulting roles (and vice versa).

Key Requirements :

• 5+ years of compliance and / or white-collar litigation related experience
• Must have experience with a majority of the Core Focus Areas, and including anti-money laundering, trade, and economic sanctions, and anti-corruption
• Must have experience performing due diligence on private equity and lending transactions with a focus on the Core Focus Areas
• Working knowledge of Bridger (Lexis-Nexis), Clear (Thomson Reuters), Dow Jones (Risk Center), Sayari or similar anti-money laundering / sanctions compliance software programs
• Ability to work with both senior and junior members of the Firm, as well as representatives of counterparties and portfolio companies
• Ability to manage multiple projects on a continuous basis

The base salary for this position is expected to be between $200,000 and $225,000. The base salary offered to the chosen candidate will be commensurate with a candidate's relevant experience and other qualifications for the position, as determined by the Company in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus, which is often a meaningful portion of the compensation package, and a robust benefits package.