Compliance Associate - RemotelyHR hiring on behalf of Canterbury Consulting
Note: This position is located at our Newport Beach, California office. We have a hybrid* schedule where all staff are expected to be in the office on Tuesdays, Wednesdays, and Thursdays, with the option to work from home on Monday and Friday.
About Canterbury Consulting
Canterbury Consulting, Inc. ("Canterbury") is a 65-person registered investment advisor (RIA) that provides investment advice to a broad set of clients with net assets ranging from $10M to $2B. Canterbury services clients in the US and Canada. Clients include both tax-exempt (public and private foundations, endowments, and pension plans) and taxable (corporate plans and high net worth and ultra-high net worth individuals and families) entities. They invest in both traditional assets (such as public equities and bonds) and alternative assets (such as private capital, hedge funds, and real assets like commodities and real estate).
Canterbury customizes each client's portfolio based on their needs, wants, risk preferences, and liquidity requirements. Canterbury also manages a series of private commingled funds in the following categories: Private Equity, Private Credit, Co-investments, and Direct Investments.
Canterbury Consulting was named one of the Best Places to Work by the Orange County Business Journal in 2021, 2022, 2023, and 2024, and Best Places to Work in Money Management by Pensions & Investments for the last three years.
Position Overview
Canterbury is seeking candidates with excellent quantitative, qualitative, and interpersonal skills for an Associate position on Canterbury's Team. The position's primary role will be to engage broadly in various areas of compliance and regulations.
Primary Responsibilities:
- Manage and perform ongoing review and testing of the firm's written communications and elements of the code of ethics as followed by each of the firm's employees.
- Complete the firm's regulatory filings in the US and Canada where the firm is registered as a portfolio manager and exempt market dealer. Firm's filing obligations include those of an RIA as well as a private fund manager.
- Support the ongoing development of the investment adviser compliance program, working closely with the Chief Compliance Officer to drive enhancement and ensure consistency globally across disclosure documents (ADV and other filings), compliance manuals, and other regulatory documents.
- Manage custody audits, GIPS verification, and various other compliance audits. Assist the CCO in quarterly audit activity with Department Heads.
- Assist with the review of marketing and client reporting materials, and maintain related records.
- Perform ongoing review and testing of the firm's compliance policies and procedures.
- Assist the CCO in conducting compliance training activity at the firm. Help develop policies and procedures for new and growing areas of the firm's business.
- Perform review of internal and external communications, in accordance with the firm's compliance policies and procedures.
- Assist in independent second-line risk-based testing, themed reviews, and ad-hoc reviews of procedures, business, and compliance processes to identify and bridge potential gaps in adherence to applicable laws, regulations, regulatory guidance, and policy.
- Support the compliance department with maintaining appropriate and complete books and records on compliance-related processes and also effective testing of processes.
- Proactively respond to business and regulatory changes as they apply to the firm's business activities.
Qualifications:
- 2 years of prior experience in compliance, preferably at an investment advisory firm.
- Self-driven and able to work independently. Exceptional organizational skills; the ability to effectively prioritize tasks, follow up, produce consistently accurate work, and meet strict deadlines.
- Strong problem-solving skills and detail-oriented. Driven by a sense of curiosity and a desire to understand the context around matters.
- Strong communication and presentation skills; the ability to articulate clear ideas/strategies, both verbally and in writing, internally and externally.
- Intelligent, bright, critical thinker, and a quick learner with the ability to quickly assess a situation and generate new insights and usable ideas.
- Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of the firm.
- A degree in finance, economics, or a related field.
At Canterbury, we expect our Associates to learn at a fast pace in a demanding environment and demonstrate excellent problem-solving and interpersonal skills. From your first day on the job, you will be an integral part of the Canterbury process.
Compensation and Benefits:
- $75,000 - $85,000/year
- Benefits package includes: medical, dental, life, disability, and vision insurance
- 401k program with a company match
- Profit sharing plan
- 12 paid holidays and 17 days of paid time off the first year of employment
- Flexible schedule options
Physical Requirements:
- Musculoskeletal Endurance: Ability to remain in a stationary position for extended periods.
- Manual Dexterity: Frequently operates a computer and other office equipment.
- Visual Acuity: Must be able to visually inspect documents and computer screens for accuracy.
- Mobility: Occasionally move objects up to 25 pounds.
Work Environment:
- Environmental Conditions: The work is performed in a typical office environment with moderate noise levels and controlled temperatures.
- Collaboration: Collaborative and team-oriented culture with regular staff meetings and events.
- Communication: Must be able to communicate effectively with team members.