This role will be based out of one of our office locations (New York City/Tri-State, Boston (opening 2025), Pittsburgh, Chattanooga, Portland Maine and Medford Oregon. You will work on a hybrid schedule with two days a week in the office.
The Opportunity:
The Senior Principal Consultant/Outsourced Chief Compliance Officer is responsible for Investment Advisor compliance clients, particularly RIAs managing private funds and/or registered products (ETFs and/or mutual funds),and provides those clients with expert advice and guidance related to the design and implementation of their compliance programs.
What you’ll do:
- Serve as the outsourced chief compliance officer for RIA compliance clients. Lead a 3-person team to deliver compliance programs consistent with SEC regulatory requirements
- Provide clear, focused, and practical guidance to clients based on SEC regulations
- Conduct (scheduled and ad hoc) conference calls and online meetings with client executives to deliver guidance and advice with respect to regulatory best practices
- Develop compliance work product for clients (written policies and procedures, Form ADV disclosures, risk assessments, compliance calendar)
- Liaise with Fund CCOs and compliance staff, assisting the RIA with periodic Fund compliance questionnaires and certifications
- Conduct annual 206(4)-7 examinations
- Lead and coach clients through SEC regulatory exams
- Maintain firm records (calendars, project workflows, and status updates), accounting records, and time reporting
- Assist clients with compliance questions and other needs
- Use creative thinking to brainstorm new services that add value to client relationships
- Assisting in enhancing internal workflow and processes
- Produce and deliver externally focused compliance content (e.g. webinars, research notes, white papers)
- Attend conferences and meetings as requested
- Conduct self in a professional manner
- Responsible for reporting to senior management, including any potential or perceived violations of applicable laws, rules or Company policies
- Other tasks and projects as assigned
To qualify for the role you must have:
- Minimum six (6) years of Investment Adviser Compliance Experience (consulting or in-house), experience with registered product and/or private funds is required
- Advanced knowledge of the Investment Advisers Act of 1940 and state laws, knowledge of the Investment Company Act of 1940 is a plus
- Executive presence – a professional who interacts effortlessly with regulators and high-profile clients
- Excellent oral and written communication skills
- Detail-oriented and multi-task capability
- Independent Self-Starter – the ability to organize workload and meet deadlines
- Service orientation with proven ability to provide superior customer service
- Understanding of web-based technology applications and willingness to provide input in enhancements and new solutions
- Ability to work both independently and as part of a team
- Customer-focused attitude
- Time management and organization skills, with a strong attention to detail
- Strong written communication and oral communication skills
Skills and attributes for success:
- Demonstrated professional integrity.
- Dependable, flexible, and adaptable to new ACA initiatives and changing client needs.
- Ability to exercise discretion and make independent judgments on matters of significance.
- Ability to work in a fast-paced small team environment.
- Ability to establish and maintain effective working relationships with colleagues and clients.
- Highly motivated and goal-oriented; proactive in one’s own education and career progression; volunteers for and shows initiative on both internal and external projects and tasks.
- Dedicated to upholding ACA’s high-quality standards and customer service focus.
- Strong organizational and problem-solving skills with attention to detail.
- Strong oral and written communication skills.
- Proficient with Microsoft Office applications and comfortable working in a tech-enabled environment.
- Willing to travel.
Supervisory Duties Summary
- Supervise, train, evaluate, oversee, and provide feedback to junior colleagues.
What working at ACA offers:
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. Our Total Rewards package includes medical and dental coverage 401(k) plans, and a wide range of paid time off options as well as a flexible work environment. You’ll also be granted time off for designated ACA Paid Holidays, Summer Fridays, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being. We also offer unique benefits such as Student Debt Forgiveness and Pet Insurance.
About ACA:
ACA Group is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower our clients to reimagine GRC and protect and grow their businesses. Our innovative approach integrates consulting, managed services, and our ComplianceAlpha® technology platform with the specialized expertise of former regulators and practitioners and our deep understanding of the global regulatory landscape.
What we commit to:
ACA is firmly committed to a policy of nondiscrimination, which applies to recruiting, hiring, placement, promotions, training, discipline, terminations, layoffs, transfers, leaves of absence, compensation, and all other terms and conditions of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
