Director of Compliance Operations

Position Summary

Guggenheim Investments is looking for a Senior Compliance Manager & Senior Regulatory Counsel to join the Compliance team.

This position will be Hybrid and based in our New York Office.

Essential Job Functions

Private Fund Compliance

• Provide regulatory advice to the business including the latest rulemaking pertaining to private funds.
• Provide regulatory advice on prospecting / marketing (including Canada, Australia and Asia), onboarding / investment management agreementss, amendments and other client service issues.
• Provide regulatory advice on new fund formation, including commodity interest activity, conflicts of interest and co-investments
• Review placement agent agreements and monitor promoters for marketing rule compliance
• Assist in regulatory examinations and advise on ESG-related issues, regulatory rule proposals and other special / confidential projects.
• Provide legal and compliance advice with respect to filings with the SEC, FINRA and NFA.
• Advise on investor DDQs, RFPs and annual questionnaires.
• Oversee various compliance policies and procedures and compliance review of offering documents.

Supplementary review

• Review certain materials requested by investors and clients before they’re distributed outside the firm from a general advisers act compliance and risk mitigation perspective, including complex transaction materials, credit / valuation memos and other ad hoc requests.
• Analyze such materials for private fund information parity and liquidity issues.
• Interact with people from different business units across the firm.

Control room

• Monitor and manage GI’s information barriers :
• Work directly with GI business and GI compliance to maintain the GI restricted list and the GI watch list by providing guidance regarding material non-public information (MNPI) determinations and restriction status.
• Review NDAs for contractual trading restrictions and standstill provisions.
• Facilitate affiliate and external wall crossings by identifying relevant parties and their tradable instruments, evaluating whether the business can receive MNPI;

consulting with portfolio managers; and escalating to senior GI compliance, GI risk and GI investment management where applicable.

• Interact with GI traders and portfolio managers in connection with pre-trade exception approval for issuers on the GI restricted list consistent with applicable legal, regulatory, and policy considerations.
• Perform post-trade surveillance of all trades against the GI restricted list and investigate any trades requiring follow-up.
• Perform daily surveillance of GI access to third-party sites to determine whether GI is private in an issuer’s data room.
• Develop and lead trainings regarding the GI restricted list and related issues.

Preferred Qualifications

• Comprehensive knowledge of the Investment Advisers Act of 1940.
• Experience with fixed income and alternative investments.
• General understanding of NFA and CFTC issues.
• Strict attention to detail combined with excellent prioritization and organization skills.
• Results-orientation and strong internal client relationship skills; extremely thorough while demonstrating the confidence and communication skills to ensure work processes are completed accurately and appropriately.
• Strong problem-solving skills and demonstrated ability to take initiative.
• Willingness to roll up sleeves to perform all responsibilities needed to ensure success.

Basic Qualifications

10 + years’ experience of institutional investment management related experience at a law firm or regulator in-house.

Salary Details

Annual base salary between $190,000 and $215,000.

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience.

The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.