Head of Compliance for Mutual Fund Operations

2 months ago


Kansas City, Missouri, United States SS&C Technologies Holdings Full time
Job Overview

Position: Chief Compliance Officer for Investment Funds - HYBRID

Location: Various Locations | Hybrid Work Model

About the Team:

This role serves as the Chief Compliance Officer for select investment company clients. The primary duty is to ensure adherence to compliance regulations as stipulated by Rule 38a-1 of the Investment Company Act of 1940.

What We Offer:

  • Work Flexibility: Hybrid Work Environment & Business Casual Attire
  • Future Benefits: 401k Matching and Professional Development Opportunities
  • Work-Life Balance: Generous Personal/Vacation Time Off, Sick Leave, and Paid Holidays
  • Health and Wellness: Comprehensive Medical, Dental, Vision, and Employee Assistance Programs
  • Diversity Commitment: Dedicated to Fostering an Inclusive Environment
  • Training Programs: Customized Hands-On Training, including SS&C University
  • Additional Perks: Discounts on Fitness Memberships, Travel, and More

Key Responsibilities:

  • Oversee the development and updates of Compliance Programs and Service Provider Procedures for assigned funds, ensuring timely reporting of any significant policy changes to Fund Boards.
  • Manage and update product risk assessments for assigned funds.
  • Prepare and deliver regular quarterly reports to the Boards of Directors/Trustees of assigned funds, including an annual written report.
  • Collaborate with Internal Audit on fund-level risk assessments related to services provided by various partners.
  • Conduct on-site due diligence visits to service providers for assigned funds, including investment advisers and custodians.
  • Engage with external and internal legal counsel to monitor regulatory developments affecting the funds.
  • Coordinate compliance-related due diligence visits with existing fund clients and provide ongoing support as Fund CCO.
  • Assist regulatory bodies and consultants by supplying necessary information for compliance reviews and examinations.
  • Participate in additional projects and activities as required.

Qualifications:

  • At least 10 years of experience in compliance or a related role within the mutual fund sector.
  • Preferred supervisory experience.
  • Bachelor's Degree or equivalent experience; Advanced Degree and/or Professional Certifications are advantageous.
  • In-depth knowledge of regulatory requirements and operational policies for mutual fund service providers.
  • Strong understanding of the 1940 Act and Investment Adviser Act regulatory frameworks.
  • Experience with exchange-traded funds (ETFs) and alternative products is highly desirable.
  • Ability to manage multiple priorities effectively.
  • Proficient in SEC regulations governing the mutual fund industry, with a solid understanding of FINRA regulations preferred.
  • Advanced skills in Microsoft Office and project management applications.
  • Exceptional verbal and written communication skills, capable of engaging with diverse audiences including executive management and regulators.
  • Familiarity with a risk-based approach to compliance monitoring.
  • Willingness to travel occasionally and work on-site as required.


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