Compliance Officer

Hiring Manager: Co-Chief Compliance Officer, Senior Counsel

About the Department

The Legal & Compliance Department is responsible for managing legal risk and attorney advice for each of the Firm's functions. The department also manages the Firm's regulatory profile under relevant securities laws on a global basis. Key functions include fund structuring, contract and entity management, compliance administration, special projects, and institutional risk mitigation. The breadth of the Firm’s operations and products requires a diverse set of talents and capabilities. As the Firm continues to grow, the Legal & Compliance Team expands its staff and areas of expertise, collaborating closely with Firm leadership and business unit heads to provide legal solutions.

Responsibilities

• Manage and support AML/KYC-related compliance responsibilities, including investor due diligence, onboarding, periodic reviews, and related policies, procedures, and controls.
• Prepare, manage, and complete regulatory filings, including Form ADV, Form PF, and other applicable regulatory submissions.
• Act as a subject matter expert overseeing implementation, monitoring, and testing of the Firm’s regulatory compliance controls.
• Establish and enhance compliance standards and design improvements to internal control structures.
• Develop and execute special or enhanced monitoring and testing techniques for new, complex, or high-risk requirements or in response to weaknesses discovered through assessments, testing, audits, or exams.
• Review advertising and sales materials, correspondence, investor communications, and reports to ensure compliance with SEC advertising regulations and other regulatory rules.
• Investigate and resolve compliance-related issues and advise senior management on compliance matters.
• Assess control design and effectiveness to mitigate compliance risk.
• Manage special projects related to the Legal & Compliance Department, such as policy updates due to regulatory changes or research and recommendations on compliance matters.
• Stay apprised of regulatory matters and developments through research, trainings, and webinars, and assist with exam preparedness efforts.
• Collaborate internally with other members of the Legal & Compliance Department to ensure consistent standards and effective communication.

Requirements

• Bachelor’s degree or equivalent education required; JD from a top-tier institution preferred.
• 8+ years of relevant experience, including experience with the Investment Advisers Act of 1940 and/or the Investment Company Act of 1940.
• Knowledge and understanding of regulatory and industry best practices, particularly in compliance, corporate governance, and risk management.
• Preference for previous exposure to and broad understanding of the credit asset management business.
• Strong analytical skills with experience in prioritization, issue identification, and resolution.
• Strong project management skills, ability to review materials quickly, and drive to meet deadlines.
• Skilled in business writing and editing with strong attention to detail.
• Quick learner with the ability to grasp complicated financial concepts.
• Team-oriented with the ability to build relationships and earn the respect of others.
• Self-starter with the ability to manage projects independently.
• Ability to handle sensitive matters at all levels of the organization with discretion and confidentiality.
• Ability to anticipate and react quickly to the evolving financial services regulatory environment.
• Demonstrated knowledge base and stature to deliver solution-oriented advice valued by business and staff leaders.
• Demonstrated ability to effectively leverage AI tools in day-to-day work, with strong critical thinking to assess accuracy and limitations of AI-generated outputs.
• Enthusiastic about working in-office and creating a Gold Standard hybrid work culture.

Critical Competencies for Success

• Leadership: Focus on the right goals and priorities, develop self and others, and foster a supportive and inclusive culture.
• Achieving Results: High achiever who develops careful plans, delivers consistently, and removes barriers to ensure high-quality results.
• Personal Effectiveness: Build strong relationships, treat others with respect, communicate effectively, and adapt to changing circumstances.
• Thinking Critically: Understand the business, rely on analytical reasoning, seek diverse perspectives, and anticipate issues.

Department-Specific Competencies

• Industry Knowledge: Understand the Firm’s position in the industry, monitor trends, and recognize their implications.
• Technical Communication and Documentation: Document and communicate technical processes and procedures tailored to the audience’s needs.
• Compliance: Ensure compliance with laws and regulations and stay current with legislative and regulatory changes.
• Contract Management: Interpret and ensure adherence to contract agreements throughout their lifecycle.
• Negotiation: Apply advanced negotiating techniques to create mutually beneficial outcomes.
• Project/Program Management: Manage projects through planning, resource identification, monitoring, and communication.

Pay

For Illinois only: The expected base salary range for this position is $165,000 to $220,000. Actual salaries may vary based on skills, experience, and qualifications. The total compensation package may also include other elements such as discretionary awards, medical, financial, and other benefits (including 401(k) eligibility and paid time off such as vacation, sick time, and parental leave).

Benefits

• 401(k) eligibility
• Paid time off (vacation, sick time, parental leave)
• Medical and financial benefits
• Discretionary awards