We have a current opportunity for a Senior Compliance Associate on a permanent basis. The position will be based in Chicago. For further information about this position please apply.
The Senior Compliance Associate plays a pivotal role in administering the Compliance Program for each of the regulated entities. This position involves testing controls, reviewing and updating firm policies and procedures, and providing compliance support to various business units. Here are the main responsibilities:
- Assist in overseeing responsibilities for various entities at the Firm, including policy monitoring, testing, and controls.
- Drive efficiencies across the department and systems, implementing improved processes to reduce redundancy and leveraging technology for enhanced efficiency.
- Contribute to the implementation and testing of Compliance policies and procedures.
- Proactively review business activities to identify potential regulatory, compliance, and reputational risks.
- Review marketing and sales literature to ensure compliance with FINRA and SEC rules, as well as Global Investment Performance Standards and firm policies and procedures, including social media efforts.
- Assist in reviewing and drafting RFPs, questionnaires, and other standardized responses.
- Manage daily surveillance of investment guidelines and related processes, seeking process improvements and implementing them proactively.
- Provide training and mentorship to junior Compliance professionals.
- Stay current with new regulations and changes to securities rules and regulations.
- Provide regulatory and compliance advice to business and control units.
- Conduct compliance audits of outside sales professionals and branch office locations as necessary.
- Assist with regulatory and ad hoc filings as needed.
- Participate in creating new policies and procedures to support new business, including identifying conflicts of interest and determining appropriate controls to mitigate risks.
- Perform special projects and other duties as assigned.
Preferred Qualifications:
- Bachelor's degree or equivalent work experience.
- Minimum 5 years of compliance experience required (mutual fund, investment advisor, and broker-dealer experience preferred).
- Securities Industry Essentials (SIE) exam, Series 6/7, and 24/26 licenses required
- Strong computer skills in Microsoft Word, Excel, Outlook, and PowerPoint.
- Detail-oriented with strong organizational and follow-through skills.
- Excellent communication skills - both verbal and written.
- Team-oriented, self-starter, and willingness to share ideas.
- Some travel required.
