Opportunity – Compliance Officer

About Xponance

Xponance is a Diverse, woman-led, and 100% employee-owned multi-strategy investment firm whose mission is to “transform access to alpha” for clients and the investment industry at large. Founded by Tina Byles Williams in 1996 ($15.6B AUM as of 6/30/23), the firm offers global and non-U.S. equity investment strategies through a multimanager construct that harnesses the investment edge and focus of entrepreneurial, emerging & diverse managers in a tested strategic framework. As a direct equity manager, we create and manage systematic, riskcontrolled, active, and passive strategies (including client directed “Values Based” screening, and exclusive use of corporate DEI scores from partner As You Sow). Our active U.S. fixed income core strategies span the maturity spectrum, providing an income “advantage” and downside protection through the ownership of differentiated, off-benchmark securities. The firm’s Alternative subsidiary, Xponance Alts Solutions, is focused on GP Staking and Seeding efforts for diverse & woman-led alternative managers. Finally, Aapryl, LLC, the firm’s fin-technology subsidiary, offers a web-based analytical platform that assists asset owners and advisors in portfolio, asset manager, and risk due diligence as they seek to fulfill their fiduciary duties.

Opportunity – Compliance Officer

The primary mission of the compliance function is to develop and implement internal controls that align investment performance with Xponance’s fiduciary responsibilities and applicable laws, as well as help to ensure that the firm and its personnel uphold the high ethical standards stated in Xponance’s Code of Ethics.

ESSENTIAL DUTIES AND RESPONSIBILITIES 

The Compliance Officer is responsible for assisting in the development and maintenance of a compliance program for an SEC-registered adviser to public markets products, as well as supporting the compliance program for a separate SEC-registered adviser to a private markets fund.

• Investment Advisers Act Support: Stay current on relevant laws, regulations, and industry best practices pertaining to investment management and compliance. Draft and/or revise compliance policies and procedures to ensure accuracy, clarity, and adherence to regulatory requirements.
• Contract Administration Assistance: Distribute and track receipt of investment contracts, investment guidelines, insurance certificates and other contract documents relating to the retention of sub-advisors.
• Employee Training:
  • Prepare and conduct compliance training for new employees.
  • Prepare and conduct annual compliance training of existing employees, and/or coordinate with third party vendors to provide compliance training content.
• Compliance Reporting:
  • Lead role in management of automation platforms used to track monthly employee personal trading reports and quarterly compliance certifications.
  • Review employee trades to ensure compliance with the firm’s Code of Ethics.
  • Communicate non-compliant activity/findings to management via timely written reports; follow up to ensure areas of concern are corrected.
• Annual Compliance Program Review: Document collection and submission of documents for annual 206(4)-7 Compliance Program Review.
  • Maintain Firm monitoring and testing spreadsheet.
• SEC Examination Support: Assist in responding to examinations conducted by the U.S. Securities and Exchange Commission, clients, and other outside entities as directed by Chief Compliance Officer.

QUALIFICATIONS EXPERIENCE & ATTRIBUTES: 

• At least five (5) years’ experience in a similar or supportive investment management compliance position required.
• Bachelors Degree required; Masters or higher degree preferred.
• Knowledge of the Investment Advisers Act and related regulations.
• IACCP, CSSP or similar nationally recognized professional complaince certification preferred
• Working knowledge of Microsoft Office Suite of products (including Excel). Familiarity with My Compliance Office or acumen to learn.
• Strong attention to detail, great organizational skills, and the ability to multitask efficiently and effectively.
• Excellent communication skills (written and verbal).
• Strong interpersonal skills that engender credibility and trust.
• Comfort in a creative, entrepreneurial, and diverse culture.

SKILLS

LANGUAGE SKILLS

Ability to analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to compose quarterly client reports and other business correspondence. The candidate must possess the ability to communicate effectively with groups of clients, outside vendors, or employees of the organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages and apply concepts of basic algebra. Must possess conceptual understanding of the reconciliation process.

REASONING ABILITY

Ability to deal with problems involving several concrete variables in standardized situations as well as in situations where only limited standardization exists.

Candidates interested in the Compliance Officer opportunity can forward a resume to: careers@xponance.com.