Assistant Vice President
Assist the Chief Compliance Officer with management and implementation of the MC Asset Management Americas (Broker Dealer) compliance program. Responsible for working with sales, marketing, investment professionals and senior management on policies and procedures for the broker dealer division. Areas of focus will include: Marketing reviews, regulatory filings, product launches, training, know your customer process and books records. This individual will also play a key role in understanding the regulatory rules and instituting any changes that may need to occur. Role will also lead the Annual Review process. Understanding the interactions and differences between broker dealer entity and SEC registered RIA entity is an important.
Key Responsibilities:
1. Review marketing materials, teasers, due diligence questionnaires for prospect / clients
2. Reviewing correspondence for all registered representativesment
3. Review and comment on Offering Memorandum’s / Private Placement agreements
4. Develop and implement training program for sales related personnel
5. Assist with new product / fund launchesnt
6.Maintain books and records of Broker Dealer entity / KYC experience
7.Assist in FINRA filings and audit requirements
8.Keep up-to-date on sales and marketing regulations, communicate to appropriate management
Scope/Reporting Structure:
Reports to Senior Managing Director – Chief Compliance Officer
Essential Skills, Knowledge and Requirements:
· 3-6 years of Broker Dealer Compliance experience
· Understanding of US Broker Dealer regulations
· Series 24, 7, 63 is required, 27 optional
· Good communication skills
· Hands on approach to work assignments
· Ability to train associates
· Asset management experience required, private equity knowledge helpful
· BS / BA graduate
Environmental / Physical / Mental Requirements:
The Assistant Vice President – Broker Dealer compliance performs a major portion of their duties through verbal and written communications. It is critical that he/she possess the ability to communicate with clarity, while understanding and explaining complex situations to staff and management team. Accuracy is essential and he/she must possess the ability to proof read documentation and correspondence to insurer free of errors and fraud. This person will spend a good portion of the day seated at a workstation.
This job description in no way states or complies that these are the only duties to be performed by the employee(s) incumbent in the position. Employee(s) will be required to follow any other job authorized to give instructions or assignments. The company reserves their sole right and discretion to make changes to this job description.
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