Compliance Associate

SUMMARY

As a member of Compliance, the individual in this position will be responsible for supporting the compliance functions of GCM Grosvenor.

As an onsite employee, you are expected to be in the office on Tuesdays and Wednesdays as well as a third day in coordination with your manager.

RESPONSIBILITIES           

• Managing the development and operation of compliance systems and processes to reasonably ensure that Firm is in compliance with applicable laws and regulations, including for non-U.S. offices.
• Providing guidance to employees on a day-to-day basis around policies, procedures, and protocols.
• Performing electronic communications review, surveillance, and other testing.
• Assisting with regulatory or mock exams.
• Assisting with annual compliance review, including forensic testing and management reporting on results
• Coordinating and preparing regulatory filings (such as Form ADV, Form PF, CPO PQR/CTA, AIFMD Annex IV, Forms U4, U5, BR, D, DA, TIC and BD).
• Drafting and updating policies and procedures.
• Helping maintain information barriers program, including but not limited to, restricted list maintenance, conflict reviews and approving expert networks.
• Responding to information requests from clients and prospects
• Reviewing investor subscription agreements to comply with AML and other requirements.
• Developing and conducting employee trainings.
• Identifying and escalating potential regulatory and compliance issues.
• Analyzing recent regulatory guidance and cases.
• Assisting with the employee personal trading compliance program, including reviewing employee trading statements/confirms, sending out FINRA 3210 request letters, and coordinating pre-clearance approvals.
• Performing special projects as assigned.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

• Bachelor’s degree or equivalent.
• 3-5 years of Legal or Compliance experience, preferably with institutional asset managers or other financial institutions. Will consider paralegal experience from bulge bracket law firms.
• Preferred understanding of regulators (e.g., SEC, CFTC, NFA, FSA) and the requirements of the Investment Advisers Act of 1940, the Securities Exchange Act of 1934, and the Securities Act of 1933.
• Strong writing skills with the ability to summarize and digest content quickly and clearly.
• Detail oriented and organized with strong analytical and problem-solving skills, including project management.
• Strong interpersonal skills, with a strong presence and team building skills.
• Interest in the developing regulatory environment for alternative asset management firms and the ability to understand how these trends may affect the Firm.
• Self-confident and assertive, with a bias for action, requiring a minimum amount of direction, yet also good instincts and judgment regarding when to escalate matters and involve others.
• Comfortable with speaking to all levels of employees, from the CEO to most junior staffer.
• High energy level with strong work ethic and flexibility to work long hours at times to accommodate special client needs, including the ability to quickly respond to emails during non-working hours and weekends.
• Positive attitude and teamwork oriented.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, and successful colleagues. They will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels of the organization. Additionally, they will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.