Chief Compliance Officer of the Investment Advisers
Location: Wilmington, Delaware
Description: M&T Bank is employing Chief Compliance Officer of the Investment Advisers right now, this job will be placed in Delaware. For detail informations about this job opportunity kindly see the descriptions. Chief Compliance Officer of the Investment Advisers-3DH5J
Description
: BASIC FUNCTION:
This position has the full responsibility and authority to develop and enforce appropriate policies and procedures for the funds and investment adviser consistent with the requirements mandated by federal regulations and for the protection of investors and the public interest. This position reports directly to the Fund Board of Trustees as the Mutual Fund CCO and the Director of WISD Compliance.
POSITION RESPONSIBILITIES:
Develop and maintain written policies and procedures for on-going monitoring of fund operations to ensure compliance with a variety of existing federal regulations, such as anti-money laundering, trading practices, document retention, customer privacy protection, disclosure requirements, fair valuation, identification of affiliated persons, code of ethics and business continuity plans.
Individually, and in coordination with other compliance officers throughout the company and with the funds’ service providers, oversee all operational activities of the funds and investment advisers to identify any possible violations to documented procedures. Th is includes late-trading activity, market-timing violations, the need to use fair valuation and disclosure requirements.
Compile and present on an annual basis to the Board of Trustees a written report on the fund’s policies and procedures as well as those of its service providers, including any material compliance matters that have arisen during the year and documentation on how those items were addressed and/or resolved.
Meet annually with the Independent Trustees in executive session and be a member of fund’s committees (i.e., audit and governance).
Implement, update and manage the compliance function of the investment adviser. This includes reviewing Form ADV; drafting and implementing policies and procedures, including a compliance manual; updating and monitoring code of ethics; conducting in-house reviews to test compliance; business continuity plans; oversee all regulatory exams and liaising with regulators.
Exercise usual authority of a manager co ncerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
Promote an environment that supports diversity and reflects the M&T Bank brand.
Complete other related duties as assigned.
NATURE AND SCOPE:
The position works under supervision of the Mutual Fund Board and the WISD Compliance CCO. The position has substantial contact with internal departments / positions within M&T Bank Corporation. The position involves establishing and maintaining relationships with external contacts including, but not limited, to regulatory examiners, service providers, investment advisers, attorneys, and peers at other institutions
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
Manage a team of 3 or more Compliance Professionals. Leverage, assist and provide guidance to other Corporate Compliance personnel. Exercise managerial authority with respect to managing projects across the Wealth and Institutional Services Division.
MINIMUM QUALIFICATIONS REQUIRED:
Juris Doctorate (JD) degree and a minimum of five years mutual fund/adviser industry experience with audit and regulatory knowledge, or in lieu of a degree, a combined minimum of twelve years higher education and/or work experience, including a minimum of five years mutual fund industry experience with audit and regulatory knowledge.
Relevant experience with office software and oth er industry related software.
IDEAL QUALIFICATIONS PREFERRED:
Expert knowledge of the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
Knowledge of compliance and regulatory issues pertaining to mutual funds.
Ability to apply laws and regulations to practices within asset management and assist in the development of clear policies and procedures designed to assure compliance
Collaborative and can work effectively with others to build strong professional relationships.
Ability to understand financial services, asset management and legal requirements.
Ability to diplomatically respond to requests from regulatory examiners and /or internal audit as required.
Ability to complete reports for internal use and for use by various external regulatory examiners. Previous experience performing due diligence of investment advisers a plus.
About M&T
At M&T, we strive to be the best place our employees ever wor k, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top
20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.
Primary Location
: Delaware-Wilmington-Wilmington Center
Job Field
: Compliance / Risk
Schedule
: Full-time
Job Posting
Feb 23, 2018, 3:02:50 PM
Unposting Date
Ongoing
- .
If you were eligible to this job, please email us your resume, with salary requirements and a resume to M&T Bank.
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This job starts available on: Thu, 22 Feb 2018 15:44:13 GMT