Location: Houston,TX, USA
WHO WE ARE
Westwood Management Corporation is a focused investment management boutique offering high-conviction equity and outcome-oriented solutions. Our investment services can address a wide range of investment objectives and challenges for institutional investors, financial intermediaries and private clients. Westwood has two distinct investment capabilities in U.S. Value Equity and Multi-Asset. Based in Dallas, Westwood also maintains an office in Houston. We are focused on transparency, ethical conduct, giving back to communities in which we operate and creating an environment where our employees can flourish as they serve our clients.
ABOUT THE ROLE
Responsible for assisting the CCO and Compliance Officer in managing and overseeing the firm's compliance programs including, drafting, implementing, monitoring and testing compliance policies and procedures; monitoring and testing trade compliance for firm trading; leading specific regulatory reporting processes; communicating and liaising with regulatory authorities; assisting with regulatory examination support; reviewing and editing communications materials; monitoring vendor due diligence; preparing internal and external compliance certifications; monitoring and enforcing employee personal trading under the Code of Ethics; coordinating with and managing outside compliance vendors and service providers; serving as employee reporting and certifications under the Code of Ethics.
A DAY IN THE LIFE
Primary Responsibilities
* Oversee employee personal trading in online compliance application, implement employee trading rules and restrictions in the compliance application.
* Assist the review process for compliance-related policies and procedures and assume lead role in the drafting, implementation, and oversight of compliance policies and procedures, programs, principles, and standards.
* Assist with the review of marketing materials, RFPs, and due diligence questionnaires for regulatory compliance.
* Compliance reporting for Client Service requests (monthly and quarterly reports).
* Assist with regulatory filings, including SEC, FINRA, and NFA/CFTC.
* Support regulatory examination responses including gathering documents and information, discussions and coordination with regulatory examination staff.
* Assist in the oversight and management of compliance vendors and services providers including MyCompliance Office or similar compliance software.
* Work with internal and external experts to identify risks, best practices, and expectations.
* Maintain compliance files and records, assist with audit and regulatory examination requests.
* Assist in client or vendor meetings and perform due diligence to ensure accuracy of departmental and/or firm updates.
* Assist with third-party vendor oversight.
* Manage and maintain compliance calendar.
* Manage and oversee vendor oversight and due diligence.
Secondary Responsibilities
* Assist with Code of Ethics requests (gifts and entertainment reporting, political contributions, etc.).
* Assist with updating and monitoring Westwood's online compliance software; includes tracking employee brokerage accounts, annual and quarterly affirmations deadlines; resolving issues/conflicts with brokerage account feeds.
* Assist with audits and regulatory examinations.
* Assist with investigations arising from complaints, exceptions, errors, and/or violations of rules, regulations, policies, and procedures.
* Assist in corrective action plans to resolve compliance issues and ensure deficiencies are corrected and employees are trained to avoid them.
* Assist with risk assessments.
* Work in a fast-paced environment across multiple areas of the business. Work as part of a team and independently in a fast-paced environment with competing priorities.
* Monitor regulatory and financial landscape.
* Other job duties and projects as assigned.
* Manage and oversee vendor oversight and due diligence.
WHAT YOU'LL NEED
Minimum Education Required
* Bachelor's degree
Licenses/Certifications Required
* CRCM preferred (Certified Regulatory Compliance Manager)
* CCEP preferred (Certified Compliance and Ethics Professional)
Minimum Specific Experience Required
* 5+ years of professional work experience functioning in a compliance capacity
* Must have experience reviewing laws and regulations, legal documents and contracts, and monitoring and drafting processes and procedures
* Preferred experience with SEC investment adviser and broker-dealer regulation; FINRA regulation; NFA regulation
WHO YOU ARE
* Prior experience working in an investment advisory firm, investment bank or other financial services company strongly preferred.
* Proficient with the Microsoft Suite of products including Outlook, Word, Excel, PowerPoint and SharePoint.
* Knowledge of compliance related systems including Bloomberg, Schwab Compliance Technologies (online employee compliance monitoring), Global Relay (email archive system) or similar applications.
* Independent judgment is required to plan, prioritize and organize diversified workload, recommend changes in office practices or procedures.
* Strong editing skills and ability to write and edit reports, materials and correspondence. Ability to speak effectively before groups of customers or employees of the organization.
* Reasoning ability - Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
* Can work and thrive in a fast-paced environment across multiple areas of the business. Work as part of a team and independently in a fast-paced environment with competing priorities.
WHAT YOU'LL GET
* Competitive salary, benefits and 401K company match that vests immediately upon participation.
* Parental leave & PTO policy.
* Collaborative, dynamic work environment with a fast-paced, mission driven company.
PHYSICAL DEMANDS
* The physical demands required to perform the essential duties successfully are consistent with a professional office environment.
TRAVEL
* This position may require travel approximately 15% of the time. Travel is generally within the local area/outside of the local area and may occur after normal working hours.
LOCATION
* Dallas, TX or Houston, TX
* Hybrid: 4 days/week in office, 1 day remote typically Friday