Vice President, Compliance Officer

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

Job summary

An established industry player is seeking an analytical attorney to serve as a compliance officer and associate general counsel. This pivotal role involves safeguarding the organization against financial crimes while ensuring adherence to ethical standards. The successful candidate will engage in all stages of the investment lifecycle, focusing on areas such as anti-money laundering, trade sanctions, and business ethics. This role offers a dynamic environment where collaboration with subject-matter experts is key. If you have a passion for compliance and a strong legal background, this opportunity could be the perfect fit for you.

Benefits

Annual discretionary bonus

Robust benefits package

Qualifications

• 5+ years of compliance and/or litigation experience required.
• Strong knowledge of anti-money laundering and trade sanctions.

Responsibilities

• Conduct due diligence reviews for potential investments.
• Draft compliance policies and oversee their implementation.
• Advise on compliance matters related to portfolio companies.

Skills

Compliance expertise

White-collar litigation experience

Due diligence

Project management

Communication skills

Education

JD or equivalent

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 attorney who is interested in serving as a compliance officer and associate general counsel. 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”).

Responsibilities & Deliverables:

• 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
• JD (or equivalent) a strong plus
• 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.