Chief Compliance Officer
Position Title: Chief Compliance Officer
Department: Operation
Location: Irvine, CA or Nation Wide
Compensation: Competitive
Company Background
Good Hope Investment Services, a subsidiary of CreditEase, is expanding its Wealth Management businesses and seeks to hire a Chief Compliance Officer to for the oversight of all of the Good Hope’s compliance programs, functioning as an independent and objective authority that reviews and evaluates compliance issues/concerns within the organization. The Chief Compliance Officer ensures the Investment is in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company’s standards of conduct, facilitate the expansion, create and maintain overall business compliances, leverage knowledge to assist business developments. Other responsibilities and required qualifications are as follow.
The Chief Compliance Officer is responsible
· Oversee the development of Compliance policy and procedures designed to ensure that the Adviser and the Funds are in compliance with applicable federal and state laws and regulations of the SEC, ERISA, FINRA and various state agencies.
· Through effective management of staff, oversee the Adviser’s compliance practices in the investment management of the 40 ACT funds, institutional, wealth advisory and wrap lines of business
· Identifies potential areas of compliance vulnerability and risk and develops and implements corrective action plans as needed
· Supports the strategic plans of the business in digital/mobile banking and lending; this position is responsible for the Consumer Compliance function encompassing Regulatory Risk, Fair Lending, and Financial Crime Prevention Compliance Audit teams to ensure that policies and processes are appropriate, competitive and consistent with Management's risk tolerance.
· Possesses deep knowledge of bank and non-bank financial institution related regulatory requirements, specifically related to consumer compliance regulations, and industry "best practices" for compliance programs in larger banking or consumer lending organizations.
· Provides compliance advice and guidance to senior management and as needed, to the firm’s investment professionals
· Oversee the preparation of required annual compliance report for Adviser.
· Responsible for Regulatory filings, including form ADV, 13F,13G, and foreign company filings
· Review and maintenance of Compliance Manuals
· Ensure compliance of sales and marketing activities and practices at Good Hope
· Oversee the day to day administration of the Firms Code of Ethics for Personal Trading and ensures compliance with advisor policies.
· Oversee the monitoring of compliance portfolio transactions and trading activity at all Good Hope locations.
· Monitors mutual fund and institutional compliance with objectives and guidelines at Good Hope.
· Oversee maintenance of Good Hope Group and Fund regulatory and internal records.
· Assists in the contracting process with vendors and clients.
· Partner with Virtus compliance in maintaining branch office registration and continuing education requirements.
· Oversee the testing, development and/or revising procedures designed to ensure compliance with the Investment Advisers and Investment Company Acts
· Performing other tasks/projects as assigned or required
Requirements of the Marketing Manager:
· Minimum Bachelor’s degree plus 10+ years of experience as a compliance officer with an investment adviser specializing in the institutional and fund marketplace.
· In-depth knowledge of regulations and interpretations under the Investment Adviser Act of 1940 and Investment Company Act of 1940.
· Broad knowledge of securities’ law including ERISA, FINRA, and State regulations
· Knowledge of portfolio compliance, trading, marketing, and back Office
· Significant experience and understanding of the retirement and securities industry including knowledge of insurance regulations across the spectrum of AIG's Life & Retirement businesses, including retirement plans, life insurance, fixed and variable annuities and mutual funds.
· Skill in identifying problems/making decisions (e.g., prioritization of tasks; interpretation of rules and policies
· The ability to form and develop relationships at all levels of the business is a critical element of this position.
· MBA or Law Degree and FINRA series 7, 24 and 65/66 licenses are highly desirable.
· Experience with the SEC is strongly desirable
· Language in Chinese and understanding of Chinese Culture are highly desirable.
How to Apply
This position can be viewed as a promotion to a senior role at a rapidly-growing financial firm. The Chief Compliance Officer reports to the General Manager, as well as CEO of Good Hope Group. Good Hope Group offers a competitive performance-based compensation and benefits package, including health and life insurance, 401K. Good Hope Group is an Equal Employment Opportunity Employer.
To apply, please email: GHG.HR@goodhopegroup.com