Chief Compliance Officer

Employer
Greenspring Associates
Location
Owings Mills, MD
Posted
May 22, 2019
Closes
May 26, 2019
Ref
107408299
Hours
Full Time
Greenspring Associates, a venture capital platform with $9B under management, invests in established and emerging venture capital fund managers, in expansion stage venture-backed companies and in secondary investments in venture capital funds and companies. Originally founded in 2000, the Firm now has over 75 employees with offices in Baltimore, Maryland and Palo Alto, California. Job Summary: The Chief Compliance Officer is responsible for supporting the compliance function on a global basis across all areas of compliance and more specifically, is responsible for the compliance function and responsibility as it relates to the US SEC's Registered Investment Advisers Act of 1940. The individual must be able to provide compliance guidance that balances regulatory requirements, risk mitigation, and business objectives. Summary of Essential Job Functions: Monitor compliance with investment guidelines and restrictions. Review guidelines for new Funds/products and implement revisions for modified guidelines Prepare and review of US and Foreign regulatory filings Responsible for the annual review of compliance manuals and implement required updates or integration of programs, as appropriate. As part of this responsibility, monitor changes to the federal securities laws that could require revisions to the policies and procedures, and ensure that any required changes are communicated to the applicable business areas and are implemented accordingly Development, implementation and maintenance of compliance policies, procedures and processes Conduct annual reviews of compliance policies and procedures Analyze and interpret applicable laws and regulations Preparation of materials required for regulatory examinations or inquiries Preparing and conducting initial and ongoing compliance training for employees Review employee trades to ensure compliance with the Code of Ethics Responsible for the coordinating and responding to regulatory and/or compliance examinations conducted by internal or external parties. Interact with Investor Relations team to provide compliance and regulatory support of new product offerings, investor reporting and the development of performance metrics. Responsibilities include review of marketing and advertising materials, including, but not limited to, fund offering materials, annual investor conference presentations, website and other social media, periodic and ad hoc investor updates, quarterly investor reports, responses to due diligence questionnaires Support compliance calendar and assist with compliance monitoring and testing program Field ad hoc inquiries from employees on compliance matters and assist with the preparation and presentation of compliance training materials Track regulatory developments with ability to identify impact to business and drive effective solutions; draft periodic notices on compliance issues of interest to functional areas; draft and revise firmwide compliance policies and procedures Prepare and file various SEC and other regulatory filings required for registered investment advisers as well as security holdings reports for securities listed on both US and foreign exchanges Conduct AML and KYC review as part of onboarding of new fund investors Conducting OFAC checks Provide knowledge of sales disclosures to meet compliance regulations (Investment Advisers Act of 1940, Investment Company Act of 1940, SEC etc.) Manage global jurisdictional marketing review process to meet regulatory requirements and firm policies Conduct descriptive and/or diagnostic analysis to provide actionable insight derived from both internal and external data to enable Compliance to better understand, profile and enhance reporting requirements Propose and implement advanced analytic solutions, including automation, to help mitigate regulatory risks Manage the planning and execution of new processes and procedures regarding reporting requirements and other compliance related activities Review reports, risk indicators, and red flags to identify and propose and implement corrective action Manage and lead compliance staff Manage the continuing education program, develop and deliver the annual compliance meeting Review and maintain compliance policies and procedures Recommend business process improvements; seek technology enhancements Required Experience: Bachelor Degree; advanced degree preferred Minimum of 7 years of compliance and regulatory experience with SEC registered asset management firm with global footprint, preferably with exposure to alternative/private equity/venture products Strong knowledge of the federal securities laws, including, but not limited to, the Investment Advisers Act of 1940, Investment Company Act of 1940 and related regulatory requirements attendant to private fund offerings, reporting of security holdings, AML and OFAC Familiarity with corresponding requirements in various foreign jurisdictions a plus (eg, UK, Hong Kong, Australia) Advanced knowledge of financial services industry and applicable rules, regulations, and federal and state securities laws (SEC, FINRA, FCA, etc ) Knowledge of investment products, financial markets, and investment concepts Good organizational and project management skills Strong individual contributor with the ability to work effectively as a team Well-developed interpersonal skills with an ability to establish credibility and to interact with employees throughout the organization and external advisors Strong verbal and written communication skills, including the ability to effectively communicate complex technical compliance issues Provide training and mentorship to junior compliance staff members Adapt quickly and appropriately in accordance with the constant evolution of the company and industry Proficiency/advanced experience in compliance management systems Technical and professional skills or knowledge of testing methodology, risk and controls analysis Benefits: Greenspring Associates, Inc. salaries and benefits are among the best in the business. They include: