CHIEF COMPLIANCE OFFICER
C/O SANNON-STAMM ASSOCIATES (New York, New York)
Posted:
August 28, 2008
Address:
New York, NY 10001
Occu:
Type:
Description:
Our client, an SEC registered broker dealer, is seeking a Chief Compliance Officer for the B/D as well as for its parent company, an investment advisor registered with the SEC.
Our client is seeking to grow its current business, which is focused on the private placement of securities of both privately owned companies and publicly listed companies (through PIPEs) with institutional investors. The CCO’s responsibilities will also encompass compliance oversight for our client’s investment management business, which involves offshore fund of funds management and a private equity business.
Primary responsibilities include:
- Improvement, development, execution and monitoring of a comprehensive compliance program of the Company’s subsidiary, to ensure its complete compliance with all broker-dealer and FINRA regulations applicable to the current broker dealer and any other broker-dealer acquired by our client.
- Maintenance of all licenses, permits and regulatory filing forms necessary to properly and legally run the business of the broker dealer;
- Serving as a principal (Series 24 license holder) of the B/D with oversight responsibility for all compliance functions and all registered representatives;
- Serving as the key liaison between the client and its subsidiaries with the SEC, FINRA, NFA, CFTC and other Federal or state regulatory authorities;
- Review and approval of all marketing and sales literature.
The successful candidate will have:
- A minimum of ten years as a Compliance officer at a boutique investment bank or broker-dealer focused on institutional clients and private placements.
- Solid broker dealer knowledge, particularly re the investment banking business.
- Excellent knowledge of FINRA regulations applicable to broker dealer activities with institutional investors.
- Active involvement in regulatory audit processes with significant direct interaction with the relevant regulatory authorities/agencies.
- Knowledge of the Investment Advisors Act, the 33 Act, familiarity with the Investment Company Act and CFTC and NFA rules.
- Series 24 (General Securities Principal) license (Series 7 and 63 a plus)
Our client is seeking to grow its current business, which is focused on the private placement of securities of both privately owned companies and publicly listed companies (through PIPEs) with institutional investors. The CCO’s responsibilities will also encompass compliance oversight for our client’s investment management business, which involves offshore fund of funds management and a private equity business.
Primary responsibilities include:
- Improvement, development, execution and monitoring of a comprehensive compliance program of the Company’s subsidiary, to ensure its complete compliance with all broker-dealer and FINRA regulations applicable to the current broker dealer and any other broker-dealer acquired by our client.
- Maintenance of all licenses, permits and regulatory filing forms necessary to properly and legally run the business of the broker dealer;
- Serving as a principal (Series 24 license holder) of the B/D with oversight responsibility for all compliance functions and all registered representatives;
- Serving as the key liaison between the client and its subsidiaries with the SEC, FINRA, NFA, CFTC and other Federal or state regulatory authorities;
- Review and approval of all marketing and sales literature.
The successful candidate will have:
- A minimum of ten years as a Compliance officer at a boutique investment bank or broker-dealer focused on institutional clients and private placements.
- Solid broker dealer knowledge, particularly re the investment banking business.
- Excellent knowledge of FINRA regulations applicable to broker dealer activities with institutional investors.
- Active involvement in regulatory audit processes with significant direct interaction with the relevant regulatory authorities/agencies.
- Knowledge of the Investment Advisors Act, the 33 Act, familiarity with the Investment Company Act and CFTC and NFA rules.
- Series 24 (General Securities Principal) license (Series 7 and 63 a plus)
