Head of Compliance and Risk Management – Vice President
Rethink Capital Partners
Location: White Plains or New York City
Salary: $150,000-$200,00
Rethink Capital Partners (“Rethink”), an asset management firm and Registered Investment Advisor specializing in socially conscious and impact investing across real estate and venture capital opportunities in private funds, seeks a Head of Compliance and Risk Management. The HCRM will oversee all aspects of the company’s compliance program, as well as working with leadership to strategically evaluate and mitigate risks to the firm on an ongoing basis. As a pioneer impact investor, Rethink is committed to building and maintaining a compliance program that integrates forward-looking ESG considerations in addition to regulatory compliance. Reporting to the Chief Operating Officer, the HCRM will be highly integrated across Rethink’s teams, serving as a critical partner to leadership across its strategies.
Responsibilities:
Lead a comprehensive compliance and risk management program for the firm, across multiple private funds and strategies, including updating and maintaining all policies in accordance with SEC regulations and firm priorities
Manage regulatory examinations and respond to regulatory requests from securities regulators such as FINRA, the SEC and state securities divisions
Conduct compliance risk assessments
Conduct Compliance monitoring and testing and complete annual supervisory reviews
Monitor regulatory updates and implement such changes, when applicable, into the policies and procedures
Partner with other departments to manage the retention of books and records pursuant to regulatory requirements
Serve as a compliance subject matter expert and provide guidance to all business units, senior management, and the sales force
Manage the annual Form ADV filing and other critical filings for all firm entities in partnership with the CFO and other leadership
Manage a part-time Compliance Analyst and ensure timely and accurate completion of all work
Manage all aspects of the compliance program in an organized and timely manner with clear communication and management of staff requirements within the compliance program
Develop and conduct annual staff training and ongoing new employee onboarding and training to ensure all staff adhere to company policies and procedures; serve as primary point of contact with team on all compliance matters
Manage Cyber Security and other Required Diversity and Anti-Harassment Trainings
Review all marketing materials for accuracy and compliance and draft and update appropriate disclosures
Monitor the firm’s digital footprint and communications and work with vCIO to ensure cybersecurity practices are in line with the firm’s risk mitigation framework
Work with external service providers, including legal counsel and auditors, to ensure timely completion of documents, filings, and audits
Oversee AML/OFAC program and work with Investor Relations team to ensure compliance with all know your customer requirements
Monitor the firm’s compliance with its ESG goals, objectives and policies, and support the expansion of policies and practices over time
Participate in ongoing professional development to ensure knowledge of emerging regulations and other risk frameworks that might affect the firm
Experience and Qualifications:
7+ years of experience compliance and risk management, ideally with direct experience working for an RIA managing private equity funds.
Deep knowledge and understanding of financial services, as well as legislation, rules, and regulations impacting financial services in the U.S.
Bachelor’s degree or higher in a relevant field or industry level certifications and experience providing an equivalent
Relevant compliance experience, including policies and procedures development, compliance risk assessments, responding to regulatory inquiries, etc.
High degree of autonomy, attention to detail, and thoroughness are essential for this role
Preferred Qualifications:
Experience at or interfacing with securities regulators, such as FINRA, SEC and the Securities Divisions of each state
Anti-Money Laundering (AML) experience
Comprehensive understanding of private equity with expertise in best practices for real estate and venture capital private equity compliance programs.
CSCP, IACCP, CFA or ACAMS certification
Pay & Benefits
Competitive compensation, salary plus bonus
Generous employee benefits including 401k with employer matching, health, dental, and life insurance
Ample paid time off, including generous family and medical leave
Opportunities for professional development and advancement
Flexible hybrid work arrangements in accordance with the firm’s policy and needs
Our Commitment to Diversity, Equity, and Inclusion
We provide equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state or local laws.
At Rethink, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.