1st Vice President, Compliance
CIM Group
full-time
Posted on:
Location Type: Hybrid
Location: Chicago • Illinois • United States
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Salary
💰 $200,000 - $300,000 per year
Job Level
About the role
- Conducting compliance oversight of credit investment activities and providing guidance regarding applicable policies, procedures and laws, including the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
- Directing and/or participating in regular risk assessments and testing of the activities and operations of OFS and its managed investment companies.
- Promulgating and administering compliance policies, including drafting new and updating existing policies and addressing associated staff inquiries.
- Reviewing Code of Ethics-related disclosures and pre-clearance requests.
- Providing compliance-related training for all levels of employees, appropriate to their respective roles and responsibilities.
- Reviewing marketing and advertising materials, including flipbooks and Due Diligence Questionnaires, to ensure compliance with applicable rules and regulations.
- Making required filings under the Investment Advisers Act and coordinating responses to regulatory exams and information requests.
- Assisting the CCO with quarterly and annual reporting to the boards of firm-managed registered investment companies.
- Supporting the CCO in successfully managing all periodic and any special regulatory examinations of OFS and registered investment companies.
Requirements
- 10+ years’ experience as a compliance professional at an SEC-registered investment manager and/or staff member at the Securities and Exchange Commission.
- 3+ years’ experience in investment company compliance.
- Credit investment (e.g., CLOs, BSLs, CMBS, direct lending) experience.
- Trade compliance experience a plus.
Benefits
- A variety of Medical, dental, and vision benefit plans
- Health Savings Account with a generous employer contribution
- Company paid life and disability insurance
- 401(k) savings plan, with company match
- Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
- Up to 16 hours of volunteer time off
- Up to 16 weeks of Paid Parental Leave
- Ongoing professional development programs
- Wellness program, including monthly and quarterly prizes
- And more!
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
compliance oversightrisk assessmentspolicy draftingCode of Ethics reviewcompliance trainingmarketing material reviewregulatory filingsregulatory examinationsinvestment company compliancetrade compliance