Investment Compliance Specialist

Job Description: Investment Compliance Specialist

Position Overview: We are seeking a diligent and detail-oriented Investment Compliance Specialist to join our team. This role will be responsible for ensuring adherence to regulatory requirements, internal policies, and industry standards within our investment management operations. The ideal candidate will have a strong understanding of compliance principles in the financial services industry, excellent analytical skills, and the ability to interpret complex regulations.

Roles And Responsibilities

• Regulatory Compliance Oversight:
• Monitor regulatory developments and updates related to investment management, including SEC regulations, investment adviser rules, and fiduciary responsibilities.
• Interpret and apply regulatory requirements to ensure compliance with applicable laws, rules, and guidelines.
• Conduct compliance reviews, assessments, and audits to identify gaps and recommend corrective actions.
• Policy and Procedure Development:
• Develop and maintain compliance policies, procedures, and guidelines in accordance with regulatory requirements and industry best practices.
• Collaborate with legal, risk management, and other departments to review and update compliance policies as needed.
• Implement training programs and initiatives to promote awareness of compliance requirements among staff members.
• Monitoring and Surveillance:
• Conduct ongoing monitoring and surveillance of investment activities, transactions, and operations to detect potential compliance issues.
• Perform periodic testing and review of compliance controls, systems, and processes to ensure effectiveness and reliability.
• Investigate and resolve compliance violations, discrepancies, and reporting obligations in a timely manner.
• Reporting and Documentation:
• Prepare and maintain accurate records, reports, and documentation related to compliance activities, audits, and findings.
• Generate compliance reports for senior management, regulatory authorities, and internal stakeholders as required.
• Ensure completeness and accuracy of regulatory filings, disclosures, and submissions within specified deadlines.
• Risk Management and Advisory Support:
• Assess and mitigate compliance risks associated with investment activities, products, and client relationships.
• Provide advisory support to investment teams on compliance-related matters, including new product launches, client onboarding, and due diligence processes.
• Collaborate with external auditors, legal counsel, and regulatory agencies during audits and examinations.
• Continuous Improvement and Training:
• Stay informed about industry trends, regulatory changes, and best practices in investment compliance.
• Participate in compliance committees, working groups, and industry forums to share insights and knowledge.
• Promote a culture of compliance awareness, ethics, and integrity throughout the organization through training and communication initiatives.
  

Compensation: Compensation for an Investment Compliance Specialist typically includes a base salary ranging from $70,000 to $120,000 per year, depending on experience, qualifications, and the size of the organization. Additional benefits may include performance-based bonuses, health insurance, retirement plans, and professional development opportunities.

Skills Required

• Compliance Knowledge: Strong understanding of investment compliance principles, regulations, and industry standards (e.g., SEC, FINRA, MiFID II).
• Analytical Skills: Excellent analytical and problem-solving skills to assess compliance risks, interpret regulations, and implement controls.
• Attention to Detail: Meticulous attention to detail in reviewing documents, conducting audits, and preparing compliance reports.
• Communication: Clear and effective communication skills to articulate compliance requirements, findings, and recommendations to stakeholders.
• Team Collaboration: Ability to collaborate effectively with cross-functional teams, including legal, risk management, and operations.
• Adaptability: Flexibility to adapt to changing regulatory environments and organizational priorities.
• Ethical Judgment: Strong ethical judgment and integrity to uphold compliance standards and principles.
  
  

Education And Experience

• Bachelor’s degree in Finance, Business Administration, Law, or a related field. A Master’s degree (e.g., MBA, JD) or professional certifications (e.g., CFA, CRCM, CAMS) may be preferred.
• Minimum of 3-5 years of experience in investment compliance, regulatory compliance, or a related role within the financial services industry.