Location: New York,NY, USA
Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $45 billion in total assets, is seeking a Compliance professional. Sound Point has a diverse product line which includes CLOs and various funds that invest in stressed and distressed credit, commercial real estate, structured products, consumer loans, and corporate special situations. Based in New York, the firm employs more than 200 talented individuals and has grown steadily since inception.
Duties and Responsibilities
• Coordinate with other stakeholders on fund and managed account compliance and regulatory matters: SEC and CFTC registrations, ERISA, and federal, state and international securities laws (including the Investment Advisers Act of 1940, the Securities Act of 1933 and the Exchange Act of 1934)
• Review marketing materials, due diligence responses, investor communications and other fundraising and reporting related materials across various investment strategies to ensure compliance with the Investment Advisers Act marketing rules and regulatory and compliance requirements associated with marketing and sales in non-U.S. jurisdictions
• Coordinate and prepare U.S. and foreign regulatory reports and filings (e.g., Form ADV, Form PF, Reg D, Treasury and BEA Filings, State blue-sky filings, Section 13/16 filings, AIFMD and Annex IV, FCA filings and transaction reporting)
• Assist with compliance monitoring program, including testing of investment guidelines and employee compliance with Code of Ethics requirements
• Coordinate and maintain Legal and Compliance calendar
• Assist with forensic testing for Annual Compliance Review
• Prepare materials for Committee meetings (e.g., Valuation, Conflicts of Interest, Best Execution)
• Support selected firm-wide legal and compliance initiatives and work with the GC, CCO and others in the Legal / Compliance Department to provide broad support for the Compliance Program
Qualifications and Prior Experience
• 3+ years of prior experience in a compliance role and/or J.D. required; prior experience with private fund marketing or distribution compliance is a plus
• Understanding of Federal securities law and regulations strongly preferred
• Ability to manage multiple projects simultaneously with attention to detail, and the ability to thrive in deadline-driven environment
• Strong skills in using compliance software and programs that support monitoring, reporting, and risk assessment activities
• Ability to interpret legal and business terms and grasp concepts quickly
• Ability to be proactive and work independently while also remaining a strong team player attitude
• Exercises good judgment and completes assignments thoughtfully
• Excellent drafting and organizational skills
• Highest ethical standards, and ability to maintain discretion and confidentiality