Compliance Associate

A Compliance Associate's primary role is to assist the Chief Compliance Officer and team with the day-to-day administration and oversight of the Firm’s compliance program including Code of Ethics monitoring and reporting, monitoring, and testing of all policies and procedures.

While the nature of the role is continually evolving as the regulatory requirements and risks facing the firm change, the following duties are generally representative of the nature and level of work assigned and are not necessarily all inclusive.

Primary Responsibilities:

• Conduct risk assessments and testing of compliance policies and procedures pursuant to the Investment Advisers Act Rule 206(4)-7 and cybersecurity.
• Review trade data from multiple front-end trading systems and perform best execution and side by side analysis,
• Conduct testing of private fund transactions, expense allocations and AML reviews of investors.
• Review transactions, products, and business development initiatives to identify potential risk and advise on compliance mitigation.
• Perform due diligence and conduct screening on transactions against all applicable restricted lists.
• Administer and assist in the development and maintenance of compliance policies and procedures; evaluate regulatory updates for impact on the business help implement policies and procedures to address relevant changes.
• Stay informed of applicable new or amended laws and regulations.
• Assist with regulatory examinations, audits, and inquiries.
• Lead other compliance projects as requested.

Ideal Candidate Profile – “Our Casting Call!”

• 2-6 years of experience with Compliance or Risk Management with experience in regulated financial institutions and IT/operational controls is required.
• Bachelor’s degree is required.
• IAACP certification is preferred.
• Working knowledge and understanding of the Investment Advisers Act of 1940, Investment Company Act of 1940 and Securities Act of 1933 with respect to private funds.
• Understanding of regulatory requirements for Investment Advisers regarding trading and allocation, and operational books and records requirements.
• Knowledge of and experience working with alternative asset management and conducting due diligence is preferred. Basic understanding of Private fund administration.
• Experience auditing and performing risk assessments on cross functional processes. Skilled in evaluating potential business impacts and developing recommendations.
• Understanding of cybersecurity functions and processes and experience in testing of systems is a plus.
• Ability to work on assignments independently, using a high level of judgment and take initiative in resolving problems.
• Detail-oriented, organized, highly proficient individual to work in a fast-paced, deadline driven environment, and able to solve complex problems in a collaborative manner.
• Strong ethical commitment.
• Excellent oral and written communication skills.
• Limited travel may be required.

Company Overview:

Cerity Partners is a leading, national registered wealth management and institutional consulting firm serving high-net-worth individuals and their families, businesses and their employees, and nonprofit organizations from its offices across the country. Our in-house experts of attorneys, tax advisors, financial planners and investment professionals are passionate about and committed to providing objective financial advice and oversight.

Our mission is to positively impact the financial well-being of our clients by delivering objective financial advice.  Our culture allows us to deliver this mission.  We believe in a simple formula that drives our actions and pushes us every day to do better than the day before: People First + Accountability = Winning Outcomes. We expect our team members to deliver on their responsibilities, understand how every component of our company works to generate success, and hold themselves and their colleagues accountable to the highest standards. As a result, we will enjoy talking to you if:

• You understand the need to provide a world-class customer experience
• You value the collaboration of insightful, experienced colleagues to deliver our services
• You demonstrate a strong affinity in financial services, exceptional communication, organization, and prioritization skills