Compliance Associate jobs in Charlotte, NC

Role Description

The Compliance Associate will play a vital role within GEM's Compliance team, actively engaging in due diligence processes, ensuring adherence to SEC regulations, and upholding GEM's Code of Ethics. This individual will be instrumental in supporting the Compliance team and will report directly to the Chief Compliance Officer.

Key Duties & Responsibilities

Key responsibilities include, but are not limited to:

• Assist in enforcing GEM’s Code of Ethics including monitoring personal trading accounts, issuance of certifications, and conflicts-of-interest
• Maintain and update GEM’s compliance policies and procedures for annual and ad hoc updates
• Assist with GEM’s SEC and NFA filings and regulatory examinations
• Monitor and audit business processes to identify potential compliance risks in an effort to ensure compliance
• Assist with enforcing and testing GEM’s compliance program
• Research and analyze applicable laws, regulations, and industry best practices to ensure compliance
• Stay apprised of and develop expertise on SEC and NFA regulations, including changes and developments (e.g. ESG investing)
• Support the education and training of GEM employees on various regulatory requirements, updates, and nuances and how they are applicable to GEM
• Help conduct initial and ongoing operational due diligence (ODD) reviews in connection with underlying investments with external private fund managers
• Review marketing materials for compliance with the SEC “Marketing” or “Advertising” Rules of the Investment Advisers Act
• Liaise with compliance consultants and legal counsel when necessary
• Provide support on projects related to new regulations and the constant improvement of GEM’s compliance program
• Complete ad hoc projects and other tasks as needed

Required Skills & Abilities

Successful candidates will display traits inherent in GEM’s collegial and team-oriented culture, including enthusiasm, honesty, humility, integrity, and curiosity. Other requirements include:

• Excellent attention to detail and organization skills
• Using a continuous learning mindset to improve processes
• Ability to communicate well verbally and in written form while helping build connections effectively within and across teams
• Ability to quickly adjust task priorities and work under time constraints
• Exercise practical judgment
• Basic proficiency in Microsoft Office suite

Qualifications

• Bachelor’s degree required
• 3 years’ experience with an investment adviser compliance team; regulator; or compliance consultant
• Familiar with the SEC’s Investment Advisers Act concerning private funds and a basic understanding of regulatory frameworks; NFA experience is a plus
• Private funds or registered fund experience preferred
• Compliance, external audit, internal audit, and/or operational due diligence experience is preferred
• Familiar with alternative investment operations and controls is a plus
• An interest and/or understanding of complex investing is preferred

Working Conditions

• Position type – Full-time
• Work schedule – Minimum 40 hours / week
• Work location – After initial onboarding period, hybrid (4 days in-office, 1 day remote) subject to manager discretion
• Work environment – Office
• Essential physical requirements – Ability to sit and work on a computer for an extended period

Company Culture

Every team member contributes to the GEM culture by respectfully voicing opinions, asking questions, evaluating how and why things are done, and offering solutions. This level of involvement and trust is developed through bonding opportunities over shared meals, joint celebrations, and team and firm outings.

Service is also a key element of GEM’s culture. Employees are presented with opportunities to serve both internally and externally. They can sign up to serve on various internal committees, such as the Community Outreach Committee, and volunteer with local nonprofits. GEM aims to improve the local community while encouraging its team members' spirit of giving.