Specialist, Compliance and Account Management recruitment
Founded in March of 2000, PAAMCO manages approximately $8.3 billion in customized portfolios of hedge funds with a focus on the following broadly defined strategies: equity market neutral, convertible bond hedging, fixed income relative value, long/short credit, long/short equity, event-driven equity, distressed debt and opportunistic. PAAMCO's clients include large public and private pension plans, foundations, endowments, and financial institutions.
PAAMCO has adopted a unique organizational structure consistent with both its entrepreneurial spirit and company culture, allowing employees to grow professionally while also working directly with all levels of management across many functions within the organization. The firm employs 130 individuals full-time and operates satellite offices in London and Singapore.
PAAMCO is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, sexual orientation, ancestry, age, sex, marital status, national origin, disability or handicap, or veteran status.
Job Title: Specialist, Compliance and Account Management: a role to oversee the internal compliance process and ensure the quality and accuracy of materials used with prospects and clients.
Reports to: Director, Account Management with a dotted line to the Chief Compliance Officer
Job Description: Responsibilities include, but are not limited to:
• Ensure and approve compliance with regulatory requirements, accuracy and proper formatting for all standard and customized reports.
• Review and approve all customized client and prospect marketing materials, including:
o RFPs
o RFIs
o Databases
o Prospect/Client presentations
o Prospect/Client Meeting Materials
o Responses to prospect inquiries (Word docs, spread sheets, emails)
o Educational materials
• Maintain an updated and accurate log of appropriate disclaimers for use in client/prospect materials.
• Oversee the maintenance of an accurate and current log of all client/prospect materials that require compliance approval. Separate logs will be maintained for Irvine, London and Singapore.
• Coordinate firm-wide compliance training (to be conducted by the firm’s legal counsel or outside compliance consultant).
• Oversee monthly review of all customized marketing materials by ACA to ensure on-going compliance of materials.
• Serve as primary contact with the firm’s legal counsel and outside compliance consultant.
• Make recommendations to the Account Management Committee on improvements to the policies/procedures for approval of client and prospect materials.
• Make recommendations to the AM analyst group and others on improvements to AM client and prospect materials, or the process used in creating them.
• In coordination with the Director, Account Management, mentor and develop a team of six analysts.
Job Requirements: The Specialist, Compliance and Account Management Materials, is a professional with at least three years of experience in an analyst, senior analyst and specialist role. In addition to detailed knowledge about regulatory requirements, this person is technically competent in areas of risk, investment operations and portfolio management. The Series 3, Chartered Alternative Investment Analyst designation and undergraduate studies in a relevant field such as finance, economics, mathematics or law are positives. Additional compliance-related training (i.e., the firm’s outside legal counsel, the firm’s outside compliance consultant and others) is helpful. The Specialist will potentially pursue compliance-related certifications. This role requires a high level of attention to detail, judgment on ensuring compliance with regulatory requirements, analytical skills, investment knowledge and a strong understanding of PAAMCO’s structure. This role must demonstrate strong management of work flow, oversight of people more senior than the role and comfort with the dual reporting structure (to AM and to the CCO).