Associate Compliance Officer
Description
Chevy Chase Trust is a privately owned investment management firm headquartered in the Washington, D.C. metropolitan area, serving individuals, families, endowments and institutions since 1999. With more than $46 billion in assets under management and a team of over 130 professionals, the firm specializes in investment management, financial and estate planning and fiduciary services.
The firm is known for its Global Thematic Equity Investment approach which focuses on long term secular trends stemming from economic, demographic and technological change and their impact on industries and companies. In addition, our in-house team provides highly customized financial and estate planning and trust services to address the complex needs of each client.
The Associate Compliance Officer provides support to the Compliance Department in the administration of compliance functions for Chevy Chase Trust & ASB Capital Management. This position requires a high degree of self-initiative, critical thinking ability, written and verbal communication skills, and ownership of the results. The Associate Compliance Officer demonstrates an ability to develop competencies and knowledge regarding the compliance systems and associated legal requirements, specifically the Investment Advisers Act and fiduciary laws and regulations for trust companies. The Associate Compliance Officer applies this knowledge to the operations and systems of Chevy Chase Trust and ASB Capital Management.
Company Core Values:
- Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
- Results: Consistently going above and beyond to deliver exceptional results and value for the team and the organization.
- Ethics/Integrity: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.
- Teamwork: Demonstrates a commitment to collaboration, mutual respect, and shared responsibility in achieving common goals.
Duties & Responsibilities of the Associate Compliance Officer:
The Associate Compliance Officer supports the Compliance Department in its oversight of each firm’s corporate compliance program.
Specifically, the Associate Compliance Officer is primarily responsible for:
- Day-to-day administration of pre-clearances under the firm’s Code of Ethics.
- Day-to-day administration of the firm’s investment guidelines monitoring systems.
- Performance of periodic and ad hoc testing.
- Implementing and monitoring policies and procedures for each firm’s compliance with securities and fiduciary laws and regulations. This includes conducting follow-up with the other staff to ensure compliance with the firm’s policies and participating in the daily administration of compliance throughout the firm. These duties also include day-to-day monitoring activities for each firm’s equity, fixed income, and real estate investment management functions as well as oversight of various trust services, anti-money laundering procedures, privacy and cybersecurity monitoring, and ERISA compliance.
- Assisting in the delivery of responses to regulatory exams and external and internal audits.
- Assisting in the annual compliance program review for each firm.
- Assisting with regulatory filings for each firm.
- Assisting with the facilitation of continuing education, a requirement to be fulfilled by the individual investment adviser representatives of each firm.
- Assisting with the production of meeting materials and reporting to various Committees of each firm.
- Monitoring and, as necessary, coordinating compliance activities of various departments to remain abreast of compliance matters and identify trends.
- Identifying potential areas of compliance vulnerability and risk.
- Serving as backup for cash and security guideline administration in the trade order management system.
Job Requirements (Skills / Abilities) / Experience / Education / Licenses / Certifications of the Associate Compliance Officer:
- 1-3 three years of work experience where the required skills were employed.
- Familiarity with MS Outlook, Word, and Excel.
- Familiarity with either Charles River Development or Bloomberg Compliance Manager is a plus.
- BA or BS degree required degree required, focusing on Accounting, Finance, or Business.
- Expected to complete relevant industry training.
- Excellent interpersonal skills
- Good analytical skills and judgment
- Strong oral and written communication skills
- Strong personal computer and troubleshooting skills
- Detail oriented with excellent organizational skills
- Exceptional time management skills; able to prioritize multiple demands/projects and meet deadlines
- Self-motivated
- Able to learn at a fast pace
- Health/Medical Insurance including Dental and Vision
- 401(k) with company match
- Paid time off
- Bonus/Target Incentive
- Tuition Reimbursement
- Complimentary usage of modern in-house fitness center
- On-premise full-service dining center discounts
- Discounts via the company’s EAP
- Pre-tax transportation options
Skills
As published by lever · 13 questions · 3 written answers
Basics
Resume/CV, Full name, Email, Phone, Current location, Current company, LinkedIn URL
Short answers (1)
- What is your minimum annual base compensation requirement? This amount should not include bonus/incentive pay. Listing N/A, NEGOTIABLE, or $0 will not be considered an acceptable response.
Pick from a list (9)
- Are you 18 years of age or older? optional
- If hired, can you provide proof that you are eligible to work in the U.S.? optional
- How did you hear about us optional
- Have you ever worked for B. F. Saul Company, Saul Centers, Inc, ASB, Chevy Chase Trust, B. F. Saul Hospitality Group or another affiliated company? optional
- Will you require work sponsorship now or at any time in the future during the course of employment? optional
- Do you currently have any relatives working for any of the companies mentioned in the previous question? optional
- Have you executed any confidentiality, non-compete or non-solicitation agreements with your current or former employer(s)? optional
- I agree that all the information that has been provided is complete and accurate information. If the organization discovers at any time that I failed to completely and honestly provide any information requested of me, I understand that my application will no longer be considered or, if I am working for the organization, that I will be subject to disciplinary action, up to and including termination of employment. optional
- I am willing to work in the Bethesda, MD office 5 days a week.
Written answers (3)
- If you selected "Referral", please indicate the name of the Employee. optional
- If you were selected "Other", please indicate the source. optional
- If yes, please state their name(s) and relationship. optional