Chief Compliance Officer

Brookfield Asset Management - Chicago, IL

Full-time - Senior

Chicago, IL

Real Estate

About the position

The Chief Compliance Officer for Brookfield's Public Securities Group is responsible for the design, development, implementation, and enforcement of compliance policies and procedures. This role involves fostering a compliance culture, managing compliance team members, and ensuring adherence to regulatory requirements while providing guidance to business leaders on compliance matters.

Responsibilities

• Serve as the primary Compliance Team resource for PSG and its employees.
• Develop and foster a compliance culture within the organization.
• Review, enhance, and structure the Compliance control structure to ensure compliance with regulatory requirements.
• Manage and oversee other PSG Compliance Team members and support their professional development.
• Identify, communicate, and escalate compliance matters to senior Brookfield and PSG Compliance and Legal staff.
• Monitor and analyze proposed and current regulatory requirements affecting PSG's business.
• Provide advice to business leaders on changing laws and regulations.
• Adapt the compliance program for new businesses and products.
• Draft, enhance, implement, and monitor PSG compliance policies and procedures.
• Conduct tests of PSG compliance policies and procedures as per regulatory requirements.
• Review marketing, advertising, and client service materials for compliance with regulations.
• Design, assess, enhance, and monitor PSG internal controls.
• Monitor portfolio trading and investment activity against guidelines and regulatory requirements.
• Oversee third-party vendor relationships and perform due diligence.
• Participate in PSG working groups such as Trade Management and CSA/Soft Dollar.
• Develop and update training materials on regulatory matters and provide training to employees.
• Prepare and submit regulatory filings and reports for PSG, including Form ADV.
• Ensure all regulatory examinations and inquiries are handled professionally.

Requirements

• Bachelor's degree in Economics, Finance, or related field.
• Minimum of 10 years compliance experience, with at least 5 years in an investment management firm.
• Supervisory experience.
• Experience in hedge fund/private fund or asset management industries, preferably with multi-strategy hedge funds.
• Experience with SEC, CFTC/NFA, FINRA or comparable regulatory entity is preferred.
• Working knowledge of the Investment Advisers Act of 1940, Investment Company Act of 1940, and related regulatory requirements.
• Knowledge of SEC, FINRA, and CFTC/NFA rules and regulations.
• Ability to provide regulatory compliance advice and monitoring as a subject matter expert.
• Ability to analyze and manage global regulatory and compliance program requirements.
• Strong change management skills to identify risks and enhance processes.
• Experience with third-party portfolio surveillance systems like Eze Compliance.
• Adept at using technology for compliance solutions.
• Experience reviewing marketing and client service materials for compliance with regulations.
• Strong client orientation with excellent interpersonal and communication skills.
• Desire to work in a team-based entrepreneurial environment.
• Organized, thorough, and detail-oriented.
• Solid written and verbal communication skills.
• Resourceful and proactive in addressing issues.
• Ability to prioritize and manage multiple assignments in a fast-paced environment.