Compliance Associate

SUMMARY

As a member of Compliance, the individual in this position will be responsible for administering and supporting the compliance functions of GCM Grosvenor.

As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays, and Thursdays.

RESPONSIBILITIES

• Assisting with Federal, State, and International regulatory filings (including Form ADV, Form PF, CPO PQR/CTA PR, AIFMD Annex IV, Forms U4, U5, BD, BR, D, and DA).
• Reviewing investor subscription agreements to comply with certain requirements, including AML and KYC diligence of investors Assist with ongoing monitoring of third-party administrators and due diligence
• Review and disposition sanction screenings alert
• Helping maintain information barriers program, including but not limited to, restricted list maintenance, conflict reviews and approving expert networks.
• Providing compliance guidance to employees on a day-to-day basis around policies, procedures, and protocols.
• Performing electronic communications review, surveillance, other testing and helping conduct the annual review.
• Assisting the Firm and Senior Compliance Officers during audits, regulatory, or mock exams
• Drafting policies and procedures.
• Developing and conducting employee trainings.
• Analyzing new and pending laws and regulations to identify properly and expeditiously those which may impact the Firm’s business and collaborating with the Senior Compliance Officers to revise the Firm’s policies and procedures, as necessary.
• Assisting with compliance around employee trading, including reviewing employee trading statements/confirms, FINRA 3210 request letters, and assisting in required pre-clearance requests.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

• Bachelor’s degree required. Other certifications or licenses, such as ACAMS, FINRA Securities Industry Essentials (SIE) and Series 7 are a plus.
• 2 to 5 years of experience working in a legal or compliance related role within a financial services firm (broker-dealer, investment adviser, etc.), regulatory body (FINRA, SEC, other SRO) or at a compliance consultant or law firm dealing with broker-dealer, investment advisor, and AML matters.
• Strong written and oral communication skills.
• Understanding of regulatory and self-regulatory agencies (e.g., FINRA, SEC, CFTC, NFA, FSA) and the requirements of the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Exchange Act of 1934, and the Securities Act of 1933.
• Knowledge and experience with industry best practices in compliance management.
• Experience with a variety of Compliance and AML systems (e.g., RDC, Moody’s, MyComplianceOffice, Complysci, etc.) and ability to manage changing systems and systems implementation a plus.
• Strong interpersonal skills, with a strong presence and team building skills.
• Strong Microsoft Excel and PowerPoint skills.
• A reliable self-starter, with a bias for action, requiring a minimum amount of direction, yet also good instincts and judgment regarding when to involve others.
• High energy level with strong work ethic and flexibility to work long hours at times to accommodate time-sensitive deliverables (e.g., regulatory examinations, fund closes, etc.).
• Responsive to internal and external clients, including timely responses to emails.
• Outstanding organizational and time-management skills and ability to create effective processes.
• Attention to detail, strong analytical and problem-solving skills, and superior organization and project management skills.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, fast-paced, and successful colleagues. The successful candidate will enjoy being a part of an organization focused on excellence and will be a naturally collaborative individual who enjoys interacting with individuals at all levels. Additionally, the successful candidate will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.