Sr. Director, Legal Compliance-Fund

Digital Realty Trust•Dallas, TX

45d

About The Position

The Fund Compliance Sr Director will be a key part of Digital Realty's broader global Legal Risk Sustainability Compliance (LRSC) Team, and will be responsible for developing, implementing and overseeing the regulatory compliance framework for Digital Realty's real estate investment funds. The Fund Compliance Sr Director will be responsible for ensuring adherence to laws and regulations related to fund management, to include, but not limited to, securities laws, sanctions laws, anti-money laundering (AML) regulations, investor protection standards, and data privacy laws, while integrating key controls into related business operations. The Fund Compliance Sr Director will provide strategic oversight of the compliance programs, manage fund related regulatory requirements, and support audit readiness, reporting, and risk mitigation. Additionally, this role will ensure compliance quality assurance processes are effectively managed and that regulatory risks are proactively identified and sufficiently.

Requirements

10+ years of relevant compliance experience at a registered investment adviser, law firm, or investment consulting firm, experience practicing law regarding registered investment companies preferred.
Bachelor's degree and J.D. (Required).
Demonstrated experience in conducting reviews of compliance certifications, agreements and regulatory procedural documents to determine gaps and opportunities for improvement, and in developing regulatory reports.
Proven high degree of knowledge of SEC, and state securities rules and regulations, to include researching and interpreting regulations and how they apply to supported business channels.
Demonstrated high degree of knowledge of investment products/securities.

Nice To Haves

Advanced degree such as M.A., M.S., MBA (Preferred)

Responsibilities

Regulatory Compliance and Oversight:
Develop, implement, and maintain the compliance framework for the company's real estate investment funds, ensuring adherence to U.S. securities laws, AIFMD, and other applicable global regulations.
Monitor regulatory developments and assess impact on fund operations, identifying opportunities to modify / enhance the compliance program's policies and procedures.
Oversee and manage policies and procedures related with AML/KYC requirements, including USA PATRIOT Act, Bank Secrecy Act, FATF guidelines, anti-bribery and anti-corruption laws, and OFAC sanctions laws.
Staying up to date on regulatory and industry developments relevant to SEC and registered investment advisers and collaborating with business partners, and compliance and legal colleagues to evolve and enhance policies and procedures in response to changes in the business or regulations.
Manage political contributions policies and procedures.
Stakeholder Management and Built-In Compliance:
Establish and maintain relationships with business partners, including providing guidance on compliance matters to incorporate effective controls and align with compliance requirements.
Oversee the integration of compliance controls into back-office operations / systems (Accounting, Finance, etc.), to ensure adherence to data protection and privacy standards for fund administration.
Research and appropriately escalate compliance-related concerns, and assist business partners in assessing and remediating compliance issues in a timely manner.
Work with business partners on enterprise-wide and cross-functional compliance projects and ongoing fund-related compliance requirements, including investor questionnaires.
Supporting the execution of team processes, including ongoing and annual reviews and periodic reporting to internal governance committees, boards and clients.
Test and monitor of effectiveness of compliance controls.
Develop and implement training initiatives.
Ensure compliance of marketing, advertising, and communications materials.