Note: The job is a remote job and is open to candidates in USA. Lawyers on Demand (LOD), a Consilio company, is a global legal services business partnering with a dynamic financial services company. The Portfolio Compliance Attorney will analyze and implement compliance rules for 1940 Act funds, support fund launches, regulatory filings, compliance reviews, error remediation, and derivative risk management activities.
Responsibilities
- Analyze investment guidelines of 1940 Act funds and create corresponding compliance rules
- Support new fund launches through implementation of compliance rules
- Update compliance rules based on changes in prospectus disclosures and investment guidelines
- Ensure compliance with prospectus guidelines, regulatory requirements and applicable EIM policies and procedures relating to 1940 Act funds
- Collaborate with internal stakeholders and external vendors/sub-advisers
- Assist in development of the compliance program for 1940 Act funds, including implementation of new regulations
- Assist with regulatory filings, annual compliance reviews and testing and applicable board reporting obligations
- Responsible for the investigation, resolution and remediation of compliance errors in coordination with internal and external stakeholders
- Assist with the ongoing compliance and risk management requirements of the funds’ Derivative Risk Management Program
Skills
- At least 5 years of portfolio compliance experience
- Strong knowledge of the Investment Company Act of 1940 and Investment Advisers Act of 1940
- Oversight of the compliance system monitoring post-trade activity, including escalation and resolution of issues
- Experience supporting 1940 Act fund launches, ongoing fund compliance, testing, disclosures, and regulatory filings
Benefits
- Full-time, indefinite contract role
- Remote work, with NYC preferred
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