Compliance Associate

Houston, Texas (US)
Salary will be commensurate with experience ($70,000- $ 90,000/ yr). Includes full benefits
14 Jun 2021
14 Jul 2021
CFA - Compliance
Industry Sector
Asset Management
Employment Type
Full Time

This position provides an excellent opportunity for a self-motivated, hands-on individual with basic knowledge and experience of the Investment Adviser and Investment Company Acts of 1940 to broadly expand that knowledge as an integral part of a 4-person compliance department.  This position will be involved in the daily review of control reports and other forms of oversight to monitor and ensure the firm’s compliance policies are adhered overall.  The position will also be involved with the annual assessment and testing of the 206(4)-7 compliance program.

This staff position will report primarily to the Chief Compliance Officer.

Duties and Responsibilities

  • Compliance Control Monitoring – assisting with the performance of weekly, monthly and quarterly procedures undertaken to ensure portfolios are managed within guidelines and in accordance with firm policies and disclosures. 
  • Utilize and assist with maintaining the Charles River Development Compliance System in supporting contractual guidelines and restrictions.
  • Mutual Fund Compliance and Reporting – monitoring fund compliance with the Investment Company Act of 1940, preparing materials and supporting the requests and requirements of mutual fund Boards for several funds where the firm acts as sub-advisor.
  • Regulatory Reporting – Aggregation and reporting of information relating to Forms 13F, 13D, 13G and 13H. 
  • Compliance Procedures – Perform various tasks, tests, reconciliations, documentation, etc. in support of compliance objectives.  Assist with the enhancement of procedural documentation in support of overall compliance policies and objectives.
  • Annual Assessment of Compliance Program – Helping to perform various testing and procedures to assess the effectiveness of compliance system throughout the year in support of the required annual reporting summary to the Board, Audit Committee, and others.
  • Special Projects – Assist with the implementation of longer-term projects and analyses as requested by the Chief Compliance Officer.


  • Bachelor’s Degree in Business or equivalent work experience
  • Experience – 3+ years’ experience in a compliance role within an investment advisor or mutual fund complex.  Interest in process and procedural workflows and the documentation thereof.
  • Familiarity with the United Nations Principles for Responsible Investing (UNPRI) (a plus)
  • Attitude – Self-motivated, flexible, one who enjoys a variety of responsibilities, able to work independently, and is adaptable to changing priorities.
  • Communication – Ability to interact confidently with all employees. Strong written and verbal communication skills
  • Software – Average understanding and use of Microsoft Excel and Word, Charles River Compliance
  • Must be organized, detail-oriented and able to multitask.
  • Team player, collaborative, and eager to work with others.


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