Chief of Compliance
DB Fitzpatrick is an asset management firm based in Boise, Idaho. Founded in 1984, the firm has $1.3 billion in assets under management in various fixed income and equity strategies. Rigorous analysis underpins all of our investment decisions, and we strive to uphold the highest professional and ethical standards.
Key responsibilities of the Chief of Compliance include:
The Chief of Compliance will be in charge of and responsible for the firm’s compliance systems. This includes providing compliance guidance on rules and regulations applicable to the firm’s operational issues, transactional approvals, and the application of internal compliance policies for day-to-day activities.
Preventing, detecting and mitigating compliance, regulatory and reputational risk across the firm and helping to strengthen the firm’s culture of compliance.
Directing the design, development, delivery and maintenance of best-in-class compliance programs, policies and practices.
Identifying key risk areas for compliance and adapting the compliance program and resource allocations accordingly.
The candidate shall develop, promote and implement compliance policies, standards, and procedures to enable the firm and its staff to comply with all relevant regulatory obligations.
Overseeing the monitoring and identification of regulatory developments, including enforcement actions and new laws, regulations, rules, and interpretations and guidance relating to the firm’s operations.
Serving as liaison with regulatory examiners and external auditors.
Designing and implementing the administration of compliance training for the firm.
Conducting regular testing and assessment activities and maintaining regulatory compliance files/licenses.
Training of all members of staff to improve understanding of relevant firm policies and the regulatory environment.
Responsibility for filing obligations.
Coordination and support of internal and external audits.
Advanced degree or designation (e.g. JD, CFA, etc.) preferred.
Significant expertise in the laws, rules, and regulations relating to asset management firms.
Excellent written and oral communication skills.
Ability to convey complex regulatory and policy information in clear and simple terms.
Strong understanding of and experience with data analysis tools.
Proactive, self-motivated, and well-organized.
Ability to interact and communicate effectively with senior leaders.
The ability to deal effectively in a busy and time sensitive environment.
Previous experience as a compliance officer in a financial services firm would be ideal.
Strong knowledge of the regulatory environment and expectations for portfolio management, trading and client facing activities.
Interested candidates should contact Brandon Fitzpatrick at [email protected] .