Fractional Compliance Manager (Advisor Network)

Arootah is a talent solutions firm purpose-built for the alternative investment industry. We advise and we execute, covering the full talent spectrum from entry to exit across five services: Talent Acquisition, Fractional Leadership, Talent Development, Retention & Compensation, and Transition. 

Most talent firms solve one problem. Because we cover the full spectrum, we can help clients identify and solve the right one. We start with diagnosis, then deliver. 

Our team has run alternative investment firms at the highest levels as COOs, CFOs, and CCOs. That operator experience, combined with 15+ years of alternatives-specific recruiting and a network of 700+ vetted advisors across 18 functional disciplines, is what makes the advice credible and the execution reliable. We also draw on a network of 600+ coaches, deploying those with specific experience guiding senior executives in the alternatives industry. 

One industry. One talent partner. Entry to exit. 

Learn more: https://arootah.com/ 

• Provide advice and guidance to Arootah clients who seek help with their Compliance programs. This will involve consulting toAlternative Asset Firm and Family Offices and sharing your experience as a Director Compliance or Compliance Manager in helping clients to:   

• Develop realistic and effective monthly action plans.  

• Identify internal and contextual roadblocks.   

• Break apart goals into actionable steps.   

• Devise a plan of action for each goal.  

• Provide the client with resources associated with implementing their action plan.  

• Implement policies, procedures, and control measures.   

• Evaluate each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices.   

• Maintain and share detailed and accurate records of consulting results (challenges, breakthroughs, etc.).   

• Independent risk management routines to assure proper alignment exists with SEC expectations in anticipation of SEC exams and audits.  

• Regulatory requirements as it relates to NFA/CFTC registered Commodity Pools, and other compliance-related activities as they relate to these products and/or entities.  

• Broker/Dealer knowledge and experience in working with FINRA rules/regulations.  

• Extensive experience drafting and updating Code of Ethics and Compliance Manuals.  

• Develop the Group's Risk & Compliance program, roadmap, and strategy.  

• Assist the firms’ staff to ensure compliance on regulatory matters throughout the business development and investor relations processes.  

• Create and maintain the firm’s Form ADV, Parts 1 and 2 as well as regular and periodic regulatory filings.  

• Experience with internal controls relating to insider trading, material nonpublic information, front-running and other trading activity.  

• Ongoing employee training and new hire compliance training.  

• Proactive compliance support and assuring all regulatory and policy matters are well understood and effectively managed.  

• Collaborate with firm management and outside service providers to remediate compliance findings identified in internal and external examinations and audits.  

• Facilitate annual regulatory risk assessment and providing senior management with recommendations based on the results.  

• Create programs and best practice execution in areas such as electronic correspondence, email/record retention, outside business activities and other functional areas.  

• Develop and oversee annual compliance testing.  

• Provide guidance to internal groups related to client fee billing process and processing of investment advisory agreements.  

• Ad-hoc and special projects as requested by the client.   

• Minimum of Bachelor’s Degree in Law, Finance, or Business Administration, or in a related field.  

• MBA, Juris Doctor, M.S. in Law, or Legal Studies a plus.  

• Certifications: Certified Compliance & Ethics Professional (CCEP), or Certified Internal Auditor a plus.  

• 5+ years compliance experience, with at least 3+ years as a Director of Compliance, Compliance Manager or similar level at a Hedge Fund or Family Office.  

• Solid experience dealing with Federal securities laws and Federal, state, and local regulations guiding financial institutions including, but not limited to the Investment Company Act of 1940, the Investment Advisers Act of 1940, Securities Exchange Act of 1933, and Regulation CF, etc.  

• Demonstrated experience interacting and managing relationships with regulators.  

• Excellent written and verbal communication skills.  

• Advanced computer skills – Microsoft Office Suite.  

• Outstanding analytical skills, detail-oriented, proactive, and self-motivated.  

• Collaborative, diplomatic, and can cross-functionally partner with different internal stakeholders.  

• Experience in/comfort with a role with a degree of ambiguity, requiring proactive analysis and action.  

• Proven to work independently, prioritize work, and achieve results.  

• Ability to quickly build rapport and work with a team.