Banking Compliance - Top-Ranked Banking Institution - NYC

TOP NY-BASED BANKING INSTITUTION ANNOUNCES THE

FOLLOWING OPENINGS IN NEW YORK CITY

 

BANKING COMPLIANCE PROFESSIONALS

 

 

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Investment Advisory Compliance Officer ($175K)

 

Summary:  Responsible for supporting regulatory Compliance oversight of the SEC Rule 38a-1 Compliance Program for the Bank?s proprietary family of mutual funds, to serve as CCO for the bank's Multi-Strategy Hedge Fund, and to provide support for the investment advisory functions of those SEC-registered investment advisory firms that are service providers to the Funds.  The operations of these funds and advisors are subject to the Investment Company Act of 1940 and the Investment Advisors Act of 1940.

 

Responsibilities:  Serve as Chief Compliance Officer for the Multi-Strategy Hedge Fund LLC, as well as to be responsible for assisting the Chief Compliance Officer of the bank's mutual funds.  In both roles, candidate will support ongoing operations of active and effective Compliance Programs (in accordance with SEC Rule 38a-1 of the Investment Company Act of 1940, as amended).  Specific responsibilities include evaluation of regulatory risks, compliance oversight, and compliance monitoring for the registered funds, and for assuring the effectiveness of the Compliance Programs for the bank's mutual funds and for it's multi-strategy hedge fund.  Duties involve monitoring the development and implementation of policies and procedures and the ongoing monitoring of the effectiveness of functions performed by service providers (including both affiliated and non-affiliated Fund advisors).  Individual will assess/test the Compliance controls for pricing of portfolio securities and/or fund shares, protection of fund/client assets, fund share sales/redemptions, shareholder/client acquisition (including Anti-money Laundering /USA PATRIOT Act compliance), identification of affiliated persons, identification of access persons, portfolio management and adherence to investment guidelines/restrictions, trading practices (including best execution, soft dollars and directed brokerage activities), accuracy of reports to investors/clients/regulators, advertising and marketing materials, records retention (including email retention policies), privacy, insider trading policies and practices, fund/firm governance and business recovery planning.  Candidate must be mature, articulate, knowledgeable and fully ?at home? making presentations to the independent boards of the Funds.

 

Scope:  Investment Company Act of 1940.  Investment Advisors Act of 1940

 

Requirements:  Bachelor?s degree required, preferably in business, finance, accounting or economics.Law degree, CPA, MBA, masters and/or regulatory experience highly preferred.Strong background and understanding of the relevant Investment Company Act of 1940 and the Investment Advisors Act of 1940.Background in Personal Custody and bank Asset Management is helpful.

 

 

 

Compliance Control Room Specialist ($90-110K)

 

The AVP-level individual will be involved in the Insider Trading monitoring program.  He or she will assist in ensuring that employees abide by internal policies and procedures.  The individual involved will be charged with the responsibility of reviewing and monitoring certain personal accounts of employees and of conducting surveillance of exception reports to detect and prevent the misuse of confidential or proprietary information.  A college degree is required.  Computer skills (i.e., working knowledge of Microsoft Word and Excel) required.  Related experience is a plus.

 

Global Fund Services Compliance Manager ($175K)

 

Supporting businesses such as Mutual Funds Custody, Accounting, Hedge Funds Accounting & Administration and Unit Investment Trust.  Identify legal and regulatory issues and requirements, draft regulatory compliance policies and assist the business unit in establishing and maintaining departmental procedures.  He/she will also be responsible for monitoring business practices and reviewing MIS reports generated/prepared by the business unit.  Qualified candidate will have a min of 5 yrs compliance regulatory or audit experience, relating to Hedge Fund Accounting and Administration, Mutual Funds Custody, Mutual Funds Accounting, Unit Investment Trusts, Investment Manager Services and Outsourcing areas.

 Global Markets and Treasury Compliance Supervisor-AVP/VP

 ($150K)

 

Applicant will have 5-7 years experience in audit, compliance or risk management, related to foreign exchange, equity and interest rate derivatives, bank portfolio management, use of special purpose vehicles for tax arbitrage and similar strategies.  Experience with Fed Funds Desk and ALCO management very helpful.  Position involves implementing a compliance monitoring program for these businesses and providing general compliance support (guidance, coordination of training, etc.).  Familiarity with significant general bank compliance areas, such ad Reg W, Anti-tying, Gramm Leach Bliley, Anti-Money Laundering and Information Barriers is very important. 

 

APPLY:

 

QUALIFIED CANDIDATES (ONLY) PLEASE EMAIL COVER LETTER, CV AND SALARY HISTORY TO

chaires@diversity-services.com