Opportunity for a Compliance Operations and Risk Consultant to work in our Cincinnati office for Calfee Strategic Solutions (CSS), a wholly owned subsidiary of Calfee, Halter & Griswold LLP. CSS is not a law firm and does not provide legal services. It supports advisers in the development and administration of their compliance programs.
The Compliance Operations and Risk Consultant supports registered investment adviser and broker-dealer clients in the overall management of the client compliance program, the application of compliance policies and procedures, and the development of the firm’s governance and risk management practices. This includes maintaining regulatory risk and governance oversight by analyzing and establishing internal controls for the client’s primary lines of business, communicating with senior management and departmental management, supervising employee conduct and firm operations, and coordinating the review of relevant policies and procedures of the client based on new regulatory guidance and industry best practices.
Responsibilities include:
- Consulting on the effective integration and implementation of the Compliance Rule, including the development of policies and procedures in accordance with the firm’s business operations and any compliance certifications associated with its Code of Ethics or other related requirements.
- Assisting client in the completion of any regulatory filings before the U.S. Securities and Exchange Commission and state securities commissions, attorneys general, and local authorities (i.e. Form ADV, Form PF, etc.).
- In collaboration with the client, drafting and coordinating employee training and education materials associated with adherence to the Compliance Rule, including the annual compliance training and any ad hoc training sessions.
- Assisting the client in conducting and completing the annual review and risk assessment of the firm’s compliance program, to ensure the adequacy and effectiveness of firm policies and procedures designed to prevent violation of federal securities laws, in accordance with the requirements of the Compliance Rule.
- Reviewing and editing marketing and advertising materials connected to the provision of the advisory services provided by the client.
- Working with the client to establish, coordinate, and enhance the firm’s third-party due diligence program of key service providers, including a legal review of any relevant contracts.
- Engaging in client communications on multiple client relationships.
- Managing the day-to-day operations of the compliance programs for multiple clients.
- Managing internal audits to ensure effective integration of the Compliance Rule into the firm’s compliance program.
- Supporting the client and assisting with the firm’s response to any external audits, examinations, or other matters pending before the U.S. Securities and Exchange Commission and state securities commissions, attorneys general, local authorities, or other third-parties seeking a review of the firm’s compliance program.
- Assisting the client in monitoring the firm’s data privacy and cybersecurity programs, including adherence to Regulation S-P, Regulation S-ID, the federal fiduciary standard, state data privacy and cybersecurity laws (i.e. CCPA; NYDFS), and any other related regulations that affect the firm’s advisory business.
Qualifications:
- Bachelor's degree in a related field.
- 5+ years of relevant experience in compliance and risk management.
- General working knowledge of federal and state data privacy and cybersecurity laws.
- Proven experience monitoring and auditing compliance programs, conducting internal risk assessments, and analyzing and establishing internal controls for existing business practices.
- Ability to work collaboratively, meet deadlines and communicate effectively with various levels of management.
- Superior client service and communication skills with a demonstrated ability to develop and maintain outstanding client relationships.
- Strong attention to detail and organizational skills.
- Excellent skills in understanding complex business processes and providing clear, concise guidance.
- Ability to maintain a high level of confidentiality and professionalism.
- Proficiency using the Microsoft Office Suite.
Interested candidates should submit a cover letter and resume to Catherine Davis, Professional Recruiting Coordinator, at cdavis@calfee.com.