Assistant Vice President, Compliance & Privacy
GID
Location: New York, NY
GID is a privately held and vertically-integrated real estate company that develops, owns, and operates a portfolio of multifamily, industrial, and mixed-use developments. With corporate offices in Atlanta, Boston, Dallas, New York, and San Francisco, GID is an experienced real estate private equity investor and manager supported by an integrated operating platform and has 60+ years of experience across multiple asset classes. GID’s existing and under-development properties are valued at over $22 billion.
During its 60+year history, GID has developed, managed, or acquired over 92,000 residential units and 32.5 million square feet of commercial space in twenty-four states. The current portfolio includes over 43,000 residential units, 1 million square feet of retail and office space, and 18.8 million square feet of industrial space.
DESCRIPTION:
The Assistant Vice President, Compliance and Privacy is responsible for supporting the CCO with identifying and managing regulatory and operational risks to ensure compliance with various federal and state regulations and robust internal policies based on industry best practices.
RESPONSIBILITIES:
Compliance
Assist the CCO with the creation, maintenance, implementation and monitoring of policies and procedures for GID’s compliance program to prevent unethical or improper conduct and detect violations of applicable laws and regulations.
Maintain compliance records, including compliance policies and related internal controls, conflicts of interest disclosures, records of compliance training and other records in an organized, easily retrievable and accessible manner, in compliance the Investment Advisers Act of 1940 (“Advisers Act”).
Make compliance policies readily available to employees and communicate any changes to the policies to company employees on an ongoing basis.
Monitor and track compliance metrics. Identify and evaluate business and technology risks, internal controls which mitigate risks, and related opportunities for internal control improvement. Report to the CCO regarding the efficacy of the compliance program and to raise compliance issues which need corrective actions.
Conduct annual compliance audit to monitor compliance with standards and procedures required by the compliance program.
Administration of the compliance approval and affirmation system, including user activation, tracking affirmations, and approving certain cases and disclosures.
Oversight of the Fund Administrators AML/OFAC screening of investors and administration of the company’s AML/OFAC screening system, including screening of potential partners, and buyers and auditing screening tenants.
Maintain applicable lobbying registrations and meet all applicable reporting and filing deadlines. Ensure GID employees submit applicable lobbying activity reports on a timely basis. Research potential jurisdictions for lobbying registration requirements.
Manage filings in connection with solicitation and marketing in foreign jurisdictions.
Assist with the development of new hire training/orientation to acclimate new GID employees to the company’s culture of compliance. Oversee annual compliance training for existing employees and keep applicable records.
Manage awareness campaigns, including training, newsletters and compliance presence on the company intranet, to increase awareness of conducting business in accordance with the Code of Ethics and compliance policies.
Privacy
Maintenance of privacy policies to document requirements imposed by applicable privacy laws and industry standards.
Monitoring of privacy policies including associated practices, disclosures and recordkeeping.
Keep informed regarding changes in privacy regulations and standards.
Conduct periodic and annual audit of the privacy program.
Oversee annual privacy training and awareness-raising campaigns.
Oversee privacy impact assessments on applicable service providers and review privacy terms in service provider contracts.
Maintain privacy records and log of processing activities
Support the compliance team in responding to inquiries, both internal and external.
REQUIREMENTS:
Knowledge of Investment Advisers Act and related compliance regulations and industry standards
Relevant privacy laws and industry standards, including California Consumer Privacy Act, and Gramm-Leach-Bliley Act
Proficiency in MS Word, Outlooks, Excel, Sharepoint
Organizational and interpersonal skills
Integrity and confidentiality
Ability to meet deadlines, accomplish work in order of priority; professionally maintain composure and effectiveness under pressure and changing conditions
Bachelor’s level degree; and
5 or more years of progressively responsible compliance or privacy experience; or
Any combination of experience of education, training and experience which provides the required knowledge, skills and abilities to perform essential functions of the job.
Drug testing and background checks are an employment requirement. These are required steps in the hiring process.
Total compensation range: $175,000 - $225,000 plus bonus potential.
Our company considers a range of factors including education and experience when determining base compensation.
This position is also eligible for bonus and benefits. For more information, visit: Benefits!
GID is an Equal Opportunity Employer