The Compliance Manager will work as part of a team to build the overall compliance program for the investment adviser and report directly to the CCO.
This role is located in West Chester, PA - we are currently working in a Hybrid Work Model, in-office 3 days a week and remote 2 days a week.Primary Responsibilities:
- Collaborate and assist the Chief Compliance Officer in the design, development, and management of the Compliance Program.
- Work collaboratively with cross functional teams to support the CCO in development of the compliance program.
- Gather and manage data from multiple internal and external sources in support of the Adviser’s business operations.
- Support the CCO in providing advice and guidance to staff on regulatory best practices and make suggestions for the continual improvement and development of the program.
- Manage relationships with service providers.
- Assist in the maintenance of the compliance manual and other related policies and procedures.
- Manage and maintain the compliance calendar.
- Assist the CCO in the evaluation and assessment of risks and conflicts, development of controls to mitigate risk and the maintenance of a Risk Assessment and Conflicts Inventory.
- Design and conduct ongoing testing and related surveillance in support of the annual review process to include documentation of findings with a clear and concise summary of observations.
- Perform quarterly compliance reviews in support of the Code of Ethics including monitoring employee trading, maintenance of the system, deployment and review of the initial, quarterly and annual required certifications.
- Monitor employee electronic communications
- Ensure timely preparation and accurate filing of regulatory filings.
- Coordinate, prepare for, and assist CCO in conducting the initial and ongoing reviews of service providers.
- Perform initial, ongoing, and annual due diligence reviews of subadvisor relationships to include preparation and reviews of the required annual and quarterly assessments.
- Coordinate with subadvisors on the preparation of materials required for board reporting.
- Support CCO with Adviser’s reporting requirements to the Board
- Support the CCO in the management of regulatory inspections.
- Assist with programs for educating and training personnel on compliance, regulatory and risk management matters.
- Keep abreast of regulatory developments and identify requirements related to the Adviser’s business.
- Enhance knowledge of compliance, apply knowledge and make independent judgements on matters of significance.
Knowledge, Skills and Abilities:
- 7-10 years relevant compliance experience at a registered investment adviser.
- Experience working in the investment management industry. Knowledge of the Investment Advisors Act, Investment Company Act and the rules and regulations governing SEC registered investment advisers
- Knowledge of the Investment Advisors Act and the rules and regulations governing SEC registered investment advisers
- Knowledge of the Investment Company Act preferred.
- Exposure to larger financial institutions preferred.
- Investment and operational due diligence preferred.
- Experience using Bloomberg, Global Relay, and CompliSci or related products.
- Excellent organizational skills
- Self-starter, ability to multi-task and prioritize across a range of projects including both substantive and routine tasks.
- Proficient at time management and meeting deadlines
- Aptitude for understanding and assessing risks
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Venerable Values:
Every position at Venerable has responsibility for living out the company's values as described here:
We are Courageous -
We think critically, ask "why?" and seek out creative solutions.
We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.We are Connected - We are connected to each other, our customers and our community.
