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Chief Compliance Officer / Assistant General Counsel - Legal

Austin

ROLE OVERVIEW

PURPOSE OF JOB

As the Chief Compliance Officer, you will be responsible for developing, implementing, and overseeing the company's compliance program. You will work closely with various departments to identify and mitigate compliance risks, ensuring that the organization operates within the boundaries of applicable laws and regulations. 

As Assistant General Counsel, you will also provide real-time advice and support on a wide range of legal matters, including fund formation, transaction negotiation, corporate secretarial duties and general legal matters.   

MAIN RESPONSIBILITIES AND DUTIES

  • Lead SALI’s compliance program to ensure adherence to state, federal and international laws that pertain to SALI’s business and industry best practice.
  • Lead responses to regulatory inquiries, audits, examinations, and investigations, and liaising with regulators (SEC, CFTC & NFA), including working with outside counsel as needed.
  • Oversee AML risk management practices, ensure timely and accurate regulatory reporting requirements.
  • Ensure that professional standards, accepted business practices, and internal systems of control necessary to achieve compliance with the external rules are followed.
  • Review and educate internal stakeholders on regulatory developments and engage in advocacy and industry discussions.
  • Establish and implement monitoring systems to detect and prevent compliance breaches.
  • Stay informed about changes in financial laws, regulations, and industry guidelines.
  • Prepare regular reports for executive leadership and regulatory bodies on compliance matters.
  • Lead internal investigations in response to compliance concerns or allegations.
  • Serve as a point of escalation for resolution of compliance- and process-related questions arising from the review and approval of fund investor communications.
  • Assist General Counsel in advising the business on existing investors’ legal and compliance-related requests.
  • Assist in ongoing legal aspects of operating existing investment funds, including review of contractual provisions, preparing amendments, and updating and revising of investment vehicles’ offering materials, negotiating account documents and general transactional matters.
  • Collaborate with other departments, to ensure that compliance issues are identified and addressed.
  • Collaborate with legal and HR departments as needed.
  • Implement corrective actions based on audit findings.

ESSENTIAL REQUIREMENTS

  • Juris Doctor (JD) Degree.
  • Minimum of 10 years of experience in private funds and separate managed accounts.
  • A deep understanding of financial products and SEC and CFTC regulations, including the Investment Advisers Act of 1940.
  • Securities Act of 1933, and the Securities Exchange Act of 1934, the Commodity Exchange Act of 1936.
  • Experience with SEC and NFA examinations.
  • Top-notch analytical, communication, and leadership skills.
  • Prior experience in-house with an RIA/CPO is preferred, but not required.
  • Transactional experience with syndicated loans, derivatives and prime brokerage is a plus.