Director Marketing Compliance

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The Opportunity

Position: Director of Regulatory Marketing Compliance

Location: Connecticut ( Open to NYC )

Reporting Relationship: U.S. General Counsel & Chief Compliance Officer

Website:

Purpose of the Position

A global asset manager is looking for a highly motivated full-time Director of Regulatory Marketing Compliance to join it team. The Director of Regulatory Marketing Compliance will work with and report directly to the U.S. General Counsel & Chief Compliance Officer and will work directly with the Chief Marketing Officer, in administering the compliance marketing program for the asset manager.

This is a mid-tier level position with the responsibility of administering the review of marketing materials for the U.S. side of the organization in alignment with the compliance program. There will be daily assigned tasks as well as a high degree of project work. The successful candidate will have the opportunity to develop the role in accordance with their skillset, possessing excellent written communication proficiency and a high degree of attention to detail, as well as the ability to prioritize assigned tasks and work independently.

Key Responsibilities

• Review marketing materials related to the marketing and regulatory requirements associated with the sales and promotion the asset manager investment products and services, which currently include fifteen separate public funds (ETFs and mutual funds), private funds, separately managed account strategies and general market commentary (distributed publicly on Asset managers website social media accounts).
• Review marketing materials, due diligence responses, investor communications, prospectuses, tailored shareholder reports and other fundraising and reporting-related materials (e.g., quarterly letters, recordings, memoranda, etc.) across various investment strategies from a regulatory and compliance perspective.
• Assist in maintaining internal policies and procedures, in alignment with evolving regulatory guidance, with respect to marketing and other compliance matters.
• Develop in-house educational materials and training for internal business professionals with respect to marketing and fundraising regulations and protocols.
• Assist in assessing current and prospective regulatory risk through industry interaction and research.
• Assist with other day-to-day compliance matters if/as needed.
• In addition, the employee will have the opportunity to interact with legal and compliance teams dedicated to the asset managers various business units and geographic regions.
• Monitor regulatory requirements, manage assignments and timelines to ensure regulatory compliance.
• Identify and coordinate resolution of compliance issues.
• Assist with management of record retention policies and procedures.
• Assist in document gathering and provide support during periodic regulatory exams, annual reviews and internal audits.
• Cross train in other compliance tasks to backup absent staff members.
• Participate in and conduct training for employees on compliance requirements.
• Work on special projects if/as needed.

The Candidate

Experience & Professional Qualifications

The asset manager seeks to hire individuals who are highly motivated, analytically driven, and have demonstrated excellence in prior endeavors. More specifically, the successful candidate should have:

• 5+ years of prior experience at a law firm, investment management firm and/or compliance consulting firm.
• Prior experience in a marketing compliance role.
• FINRA Series SIE, 7TO, 63/65 (or 66) and 24 are helpful, but not required.
• Deep understanding of the Investment Advisers Act of 1940 , particularly the Marketing Rule, its adopting release and continually updated FAQ guidance provided by SEC staff.
• Deep understanding of FINRA advertising and communications regulations, particularly FINRA Rules 2210, 2212 and 2214, as well as relevant interpretive guidance.
• Additional understanding of the Securities Act of 1933 (SEC Rule 482) and the Investment Company Act of 1940 (SEC Rule 34b-1).
• Strong attention to detail and analytical skills.
• Strong drafting and organizational skills.
• Ability to communicate confidently and effectively.
• Ability to work independently while remaining a strong team player.
• Ability to interpret and grasp new concepts quickly.
• Substantial initiative, creativity and drive