Compliance Manager

The Opportunity: LHH is seeking a highly skilled and motivated Compliance Manager to join our client’s team in downtown Chicago. The ideal candidate will have extensive experience in legal and compliance matters within the alternative investment space, with a deep understanding of regulatory requirements and industry best practices. The Compliance Manager will work closely with the Senior Compliance Manager and the Chief Compliance Officer & General Counsel on a variety of regulatory and compliance matters. The Compliance Manager will be responsible for monitoring compliance across multiple business lines, including two SEC-registered investment advisers engaged in wealth management and managing public and private investment funds, to ensure compliance with legal and regulatory requirements. Responsibilities:

• Develop, implement, and maintain comprehensive compliance programs specific to the firm, gaining extensive knowledge of different business areas, products, and supporting functions.
• Identify risks, assess mitigating controls, make recommendations for improving the control environment, and follow up on open items to resolution.
• Conduct regular compliance reviews and audits of alternative investment activities, including private equity, hedge funds, real estate, and other non-traditional asset classes, by creating, implementing, reviewing, and analyzing compliance monitoring reports.
• Oversee the registration and ongoing compliance obligations of alternative investment vehicles registered under the Investment Company Act of 1940, including Board reporting, in coordination with legal counsel and external service providers.
• Review and monitor documentation for private fund creation and ongoing offerings, including offering memoranda, organizational documents, Rule 506, and blue-sky filings.
• Review marketing materials for private and registered funds in coordination with placement agents/distributors.
• Maintain accurate records and documentation of compliance activities and prepare regulatory filings.
• Provide guidance and support to investment professionals and operational teams on compliance-related matters, including due diligence, risk assessment, and transactional support for alternative investment transactions.
• Administer the Code of Ethics compliance program using Orion Technology (i.e., personal trading, gifts and business entertainment, political contributions).
• Assist with compliance training programs.
• Monitor regulatory developments and industry trends that may affect the firm, assess their impact on operations, and advise senior management on necessary actions.
• Collaborate with legal counsel, external advisers, and industry peers to stay abreast of emerging issues and best practices in the industry.

Requirements:

• Bachelor's degree (preferably in business law, finance, accounting, or a related field); advanced degree or professional certification (e.g., JD or CPA) preferred.
• Minimum of 5 years of experience in compliance or legal roles within the financial services industry, focusing on alternative investments such as private equity, hedge funds, real estate, venture capital, and/or investment companies registered under the Investment Company Act.
• In-depth knowledge of regulatory frameworks governing alternative investments, including the Investment Company Act, the Investment Advisers Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, and relevant SEC rules and regulations.
• Strong analytical skills with the ability to interpret complex regulatory requirements and apply them to alternative investment strategies and structures.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Highly motivated with the ability to multi-task and remain organized in a growing and fast-paced environment.
• Detail-oriented approach with a commitment to accuracy and integrity in compliance-related activities.
• Ability to work relatively independently on individual tasks or team projects with a strong sense of ownership and accountability.
• Proven ability to manage multiple priorities and deadlines in a fast-paced environment, focusing on delivering results.

Pay Details: $130,000.00 to $135,000.00 per year Search managed by: AnaAlyse Bird

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.