Chief Compliance Officer

Marble Harbor Investment Counsel, LLC

Location: Boston, MA

Marble Harbor Investment Counsel is an independent, SEC registered investment adviser with more than $1 billion in assets under management located in Boston, Massachusetts. Our client base is primarily composed of individuals, families, trusts and estates.

Position Overview

We are seeking an experienced, hands-on Chief Compliance Officer with a proven track record to lead and manage all aspects of the firm’s compliance program. This position reports directly to the Managing Member of Marble Harbor and has no direct reports.

Key Responsibilities

Responsible for the implementation and maintenance of the firm’s compliance program to ensure compliance with the Investment Advisers Act of 1940 and other securities laws and regulations. The candidate’s responsibilities will include, but are not limited to:

  • Administer, monitor and implement the firm’s compliance program

  • Conduct annual review and risk assessment of the compliance program and report findings to the firm’s Managing Member

  • Test systems and controls to effectively manage and mitigate compliance risk

  • Administer and monitor the firm’s Code of Ethics, including attestations, personal trading activities, reporting of business gifts and outside business activities of Access Persons

  • Proactively identify and assess SEC proposed regulations that may require the firm’s compliance program to be updated to ensure compliance

  • Review and maintain firm’s compliance policies and procedures, disclosure documents and compliance calendar

  • Analyze client investment guidelines to implement and monitor investment restrictions

  • Review and approve marketing related materials

  • Administer the firm’s proxy voting process

  • Review and monitor trade error corrections

  • Conduct initial, periodic and annual compliance training to educate and engage employees on compliance policies and procedures, including Code of Ethics and Fiduciary Duty

  • Prepare and submit all required regulatory filings and disclosure documents in a timely and accurate manner

  • Serve as primary contact for SEC, state and other regulatory examiners, as well as firm’s compliance counsel; and respond to all exams/inquiries during regulatory examinations

  • Manage all aspects of the annual custody examination conducted by an independent auditing firm

  • Conduct periodic review of employees’ firm email communications

  • Work with IT team on cybersecurity/compliance matters

  • Assist with firm’s insurance programs

  • Periodically attend compliance and regulatory forums sponsored by respected industry organizations

  • Provide support to operations and client service teams, as needed

Qualifications

  • Ability to foster culture of compliance and integrity

  • Adheres to high ethical standards, judgment and discretion

  • Self-motivated, and able to function with a high degree of independence

  • Ability to be proactive and follow up to resolve issues

  • Seeks to keep abreast of compliance regulations and best practices

  • Excellent attention to detail and organizational skills

  • Strong oral and written communication skills

  • Ability to understand complex regulatory standards

  • Works well in non-hierarchical environment and team player

  • Willingness to assist colleagues with special requests, as needed

  • Maintain positive attitude

  • Lifelong commitment to learning

Candidate Requirements

  • 5 years or more working experience for a SEC registered investment adviser and/or private investment fund in a relevant compliance, legal or regulatory role

  • Strong knowledge and understanding of the Investment Advisers Act of 1940 and state securities laws, and other related laws and regulations

  • Experience with SEC, state and/or other regulatory examinations

  • Professional compliance designations and licenses a plus but not required

  • Knowledge of Advent Axys or similar portfolio accounting systems, order management and compliance reporting systems a plus but not required

If you are interested in this position, please send a cover letter and resume to Leslie Meinhart, CCO, at lmeinhart@marbleharboric.com.

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