Associate Compliance Officer

B.F. Saul Company•Bethesda, MD

3d•$67,000 - $84,000

About The Position

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.

Requirements

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
BA or BS degree required degree required, focusing on Accounting, Finance, or Business.
Expected to complete relevant industry training.
At least one to three years of work experience where the required skills were employed.
Familiarity with MS Outlook, Word, and Excel.

Responsibilities

Day-to-day administration of the firmâs Code of Ethics compliance system.
Performance of periodic and ad hoc testing.
Implementing and monitoring policies and procedures for each firmâs compliance with securities and fiduciary laws and regulations. This includes conducting follow-up with the other staff to ensure compliance with the firmâs policies and participating in the daily administration of compliance throughout the firm. These duties also include day-to-day monitoring activities for each firmâs 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.