Legal and Compliance Associate

Position Overview

Tweedy, Browne Company LLC, a long-established, value-oriented investment manager based in Stamford, Connecticut, is seeking an Associate to join its Legal and Compliance team. Working closely with the Chief Compliance Officer and General Counsel, the Associate will support the day-to-day operation of the firm’s compliance program, with a particular focus on its registered funds.

This is an opportunity to gain broad exposure across legal and regulatory matters while assisting with the firm’s wide array of products including registered investment companies (traditional open end mutual funds and exchange-traded funds (ETFs)), private funds, UCITS, separately managed accounts and institutional accounts. The ideal candidate brings prior investment management experience, a working knowledge of mutual funds and ETFs, strong analytical skills, and the ability to manage multiple priorities in a fast-paced environment.

Key Responsibilities

• Assist with the preparation of regulatory filings for the firm and its funds, including, but not limited to, Form ADV, Form 13F, 13G, 13H, Form N-PX, SEC comment response letters, and fund registration statements amendments.

• Help update policies and procedures and perform compliance testing in support of the annual reviews under Rules 206(4)-7 and 38a-1 and help prepare the annual compliance report and quarterly Board materials.

• Support administration of the Code of Ethics, including personal trading pre-clearance, holdings and transaction reporting, gifts and entertainment, outside business activities and political contributions.

• Conduct initial reviews of marketing materials, performance presentations and website content for consistency with SEC and FINRA requirements, escalate issues as needed, and maintain records of approvals

• Assist with pre- and post-trade compliance reviews against client guidelines, prospectus restrictions and Investment Company Act of 1940 requirements, and help document trade errors and exceptions.

• Help review and complete due diligence questionnaires and participate in oversight visits to key service providers.

• Support the General Counsel with drafting Board resolutions, Board meeting materials and minutes, agreement tracking and recordkeeping and state corporate filings.

• Maintain the compliance calendar, personnel registrations and compliance systems; assist with employee training, regulatory examination requests; and coordinate with internal teams, outside counsel and vendors.

Qualifications

• 4+ years of legal or compliance experience in the investment management industry, including experience with mutual funds and ETFs. Experience with separate accounts and private funds is a plus.

• Working knowledge of the Investment Advisers Act of 1940, Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, and applicable FINRA rules and exposure to regulatory filings; EDGAR experience preferred.

• FINRA Series 7 license preferred; Series 24 or a willingness to obtain additional licenses is a plus.

• Advanced proficiency in Microsoft Excel and Word, and experience with compliance software platforms.

• Strong analytical, research and writing skills and exceptional attention to detail.

• Sound judgment, discretion and integrity, with a collaborative approach to working across departments and with external parties.

Compensation

The base salary range for this position is $110,000 to $150,000, commensurate with experience and qualifications. The position may also be eligible for a discretionary bonus and the firm’s benefits program.

Tweedy, Browne Company LLC is an equal opportunity employer.