F/m Investments, LLC has an exciting opportunity for a Compliance Associate to join a growing company and work alongside the Assistant General Counsel and Chief Compliance Officer in Boston, MA. The position offers exposure to all aspects of legal and compliance for a registered investment advisor with $16 billion in assets under management across ETFs, mutual funds and separate accounts. The Compliance Associate will perform investment guideline monitoring, take a leading role in contract management, assist the Chief Compliance Officer with preparing regulatory filings for a wide range of mutual funds and ETFs and take on additional projects as needed.
Responsibilities:
Investment Guideline Monitoring:
Investigate and validate pre-trade override requests and alerts, post-trade warnings and potential breaches in portfolio management and monitor other reports.
Escalate and resolve issues with key stakeholders such as Portfolio Managers, Client Relationship Managers, and Operations personnel.
Conduct detailed testing of rules in automated compliance system to validate accuracy and effectiveness.
Identify data requirements needed for investment guideline monitoring.
Contract Management:
Assist in implementing an enterprise-wide contract management process and system, including population of a new database.
Track contract cycle and review vendors coming up for renewal.
Identify opportunities across the various business lines to negotiate enterprise-level contracts.
Provide support in the contract negotiation process.
Regulatory Support:
Assist the CCO with preparation of regulatory and board reporting for the company's ETFs, mutual funds and for the entire business.
General Compliance and Legal Tasks:
Work with outside service providers such as compliance consultants and legal counsel.
Help to implement changes to compliance program in response to changes in the business or new regulatory requirements.
Assist with special project work and various legal & compliance initiatives.
Assist in gathering internal information in response to regulatory requests.
Perform various general administrative duties, i.e., file creation and maintenance and ongoing administrative projects.
QUALIFICATIONS
Demonstrated knowledge of the Investment Adviser and Investment Company Act rules.
Strong communication and interpersonal skills.
Ability to effectively engage and connect with people at all levels of the organization.
Self-starter and highly organized. Able to work well in a deadline-driven environment.
Digital literacy (Microsoft Office Suite). Must have prior experience with automated compliance and contract management systems. Preference given for familiarity with Bloomberg AIM, MyCompliance Office or similar automated compliance systems.
Ability to maintain confidentiality.
Genuine desire to achieve business objectives and provide solutions within the regulatory structure.
Has high integrity and expects the same from others.
EDUCATION
Minimum Required: College degree required: B.S. or B.A. in Finance, Law, Accounting or related field preferred.
EXPERIENCE
Minimum Required: 1-3 years' related experience in financial services industry (preference given for advisory experience and experience with mutual funds and/or ETFs).