Senior Compliance Officer

Xponance is looking for an ethical, teamwork driven compliance professional to provide value to the Legal and Compliance Department as its Senior Compliance Officer. The Senior Compliance Officer will report to the General Counsel & Chief Compliance Officer and will assist in the development and maintenance of the compliance program and regulatory compliance requirements for Xponance and Xponance Alts Solutions. The successful candidate must be knowledgeable about the Investment Advisers Act of 1940 and other regulations applicable to registered investment advisers. The role will have lead responsibility for compliance monitoring and submission of periodic compliance deliverables to clients, as well as submission of certain regulatory filings. The candidate will also be expected to play an active role within the broader investment management industry including participation in industry associations and similar opportunities to shape compliance best practices.

This position can be based in either Durham, NC, or Philadelphia, PA, with expected travel between both locations. The firm currently operates on a hybrid schedule of three days in the office and two days of remote work.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Maintain the compliance calendar and track project deliverables.
• Collaborate with various internal teams in gathering information for submission of periodic compliance deliverables to clients, responses to prospective client inquiries, and regulatory examinations.
• Submit regulatory filings (Form ADV, Form PF, 13 Series filings, etc.) for Xponance and Xponance Alts Solutions.
• Implement the compliance risk assessment process and the compliance testing program for Xponance and Xponance Alts Solutions.
• Assist with contracting process and documentation for sub-advisory relationships.
• Maintain records for quarterly Compliance Operations Risk meetings and assist with preparing compliance report for company quarterly Board meetings.
• Fact-finding, upon the direction of the CCO, on new compliance-themed industry requirements and risk alerts.
• Perform other related duties and ad hoc projects as assigned.

QUALIFICATIONS

EXPERIENCE & ATTRIBUTES:

• Knowledge of ethical practices and standards in the financial services industry
• Capability of fostering a “Culture of Compliance” by example
• Superb verbal and written communication skills with a maniacal attention to detail
• Ability to independently advance projects with limited oversight and judgment to know when to seek supervision
• Team-oriented
• Proficiency in: Word, PowerPoint, and Excel
• Able to travel

EDUCATION AND EXPERIENCE REQUIREMENTS

• Bachelor’s degree required; advanced degree a plus
• IACCP certification
• Eight years of relevant business experience in investment management compliance (either in house or consulting) with significant knowledge of advertising and marketing requirement

SKILLS

LANGUAGE SKILLS

Ability to analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to compose quarterly client reports and other business correspondence. The candidate must possess the ability to communicate effectively with groups of clients, outside vendors, or employees of the organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages and apply concepts of basic algebra. Must possess conceptual understanding of the reconciliation process.

REASONING ABILITY Ability to deal with problems involving several concrete variables in standardized situations as well as in situations where only limited standardization exists.