Associate Compliance Officer

B.F. Saul Company•Bethesda, MD

12d•$75,000 - $94,999

About The Position

The Associate Compliance Officer supports the Compliance Department in administering compliance functions for Chevy Chase Trust and ASB Capital Management. The role calls for initiative, critical thinking, strong written and verbal communication, and ownership of results. The Associate Compliance Officer develops knowledge of compliance systems and applicable legal requirements, particularly the Investment Advisers Act and fiduciary laws and regulations for trust companies, and applies that knowledge to the firms’ operations and systems.

Requirements

1–3 years of work experience using the required skills.
Familiarity with Microsoft Outlook, Word, and Excel.
Bachelor of Arts or Bachelor of Science degree, focused 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, including the ability to prioritize multiple demands and projects and meet deadlines.
Self-motivated.
Able to learn at a fast pace.

Nice To Haves

Familiarity with Charles River Development or Bloomberg Compliance Manager.

Responsibilities

Administer day-to-day pre-clearances under the firms’ Code of Ethics.
Administer the firms’ investment guidelines monitoring systems.
Perform periodic and ad hoc testing.
Implement and monitor policies and procedures for compliance with securities and fiduciary laws and regulations, including following up with staff and participating in daily compliance administration.
Conduct day-to-day monitoring of equity, fixed income, and real estate investment management functions, as well as oversight of trust services, anti-money laundering procedures, privacy and cybersecurity monitoring, and ERISA compliance.
Assist with responses to regulatory examinations and external and internal audits.
Assist with the annual compliance program review for each firm.
Assist with regulatory filings for each firm.
Assist with facilitating continuing education for the firms’ investment adviser representatives.
Assist with producing meeting materials and reporting to the firms’ committees.
Monitor and coordinate compliance activities across departments to stay informed of compliance matters and identify trends.
Identify potential areas of compliance vulnerability and risk.
Serve as backup for cash and security guideline administration in the trade order management system.