Assistant Vice President of Compliance
Assistant Vice President of Compliance
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$ 160 - 175000
1 Vacancy
Job Description
Position Overview:
Monroe Capital (the Firm) is a premier asset management firm specializing in private credit markets across various strategies including direct lending asset-based lending specialty finance opportunistic and structured credit real estate and equity. The Firm is seeking leader for its Assistant Vice President of Compliance role. The Assistant Vice President of Compliance will assist the Chief Compliance Officer in implementing and maintaining the Firms strategy programs policies and practices with regards to regulatory compliance and risk mitigation for its registered investment advisor entities. The Firm is seeking a candidate that will bring valuable expertise and be able to effectively communicate with internal and external stakeholders on complex compliance matters in a direct and simple manner. The Assistant Vice President of Compliance must be confident and proactive with the versatility of assisting and managing micro and macro compliance activities and actions. The Assistant Vice President of Compliance will be charged with supporting multiple areas of the business as well as assisting the CCO with further developing and maintaining the Firms compliance program as the Firm continues to grow and expand.
Duties and Responsibilities:
- Assist with further developing and managing the Firms risk management program including in-depth analysis of procedures within various departments to identify process improvements in terms of efficiency (including systems recommendations) and risk mitigation
- Identify areas of further development within the compliance program as the Firms continues to rapidly grow
- Establish a proactive presence with the management team with a focus on strategic business planning and development of the compliance oversight program and risk mitigation associated with new organizational initiatives
- Assist with updating and maintain the compliance programs for the Firms registered investment advisors and our businessdevelopment companies
- Manage outsourced third-party compliance relationships (vendors consultants etc)
- Foster a compliance culture for efficiently and effectively managing compliance throughout the organization
- Implement and maintain a Broker/Dealer compliance program consistent with FINRA requirements
- 10 years of related experience (within the compliance function of a SEC registered investment adviser and FINRA registered firm)
- FINRA Series 7 and Series 24 required
- Knowledge of sophisticated investment offerings across multiple jurisdictions ideally with a focus on private credit and with exposure to private equity style funds BDCs real estate and other emerging products
Physical Requirements
- Sitting: Frequently (approximately 7080% of the workday)
- Required for computer work phone communication and administrative tasks.
- Standing and Walking: Occasionally (approximately 20-30% of the workday)
- May be required for filing retrieving documents or walking between departments or meeting rooms.
- May be required to walk between Monroe offices located on different floors in the building
- May be required to use a step-stool to access supplies
- Lifting/Carrying: Occasionally
- Must be able to lift and carry items such as office supplies boxes of paper or small equipment (typically up to 20 pounds).
- Reaching/Bending: Occasionally
- Required when organizing supplies accessing low or high shelves or setting up meeting rooms.
- Typing/Keyboard Use: Frequently
- Daily use of computer keyboard mouse and other office equipment is required.
- Vision and Hearing: Frequently
- Adequate vision for reading reports emails and spreadsheets.
- Adequate hearing for phone conversations and verbal communication in meetings.
- Speaking: Frequently
- Must be able to communicate clearly with staff vendors and external partners.
Compensation: It is expected that the base salary range for this position will be $160-175000. Actual salaries may vary based on factors such as skills experience and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired the employee will be in an at-will position and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Firm or individual department / team performance and market factors.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.
About Monroe Capital
Monroe Capital LLC (Monroe) is a premier asset management firm specializing in private credit markets across various strategies including direct lending technology finance venture debt alternative credit solutions structured credit real estate and equity. Since 2004 the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners management and both private equity and independent sponsors. Monroes platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality alpha returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 11 locations throughout the United States Asia and Australia.
Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2024 Lower Mid-Market Lender of the Year Americas and 2023 Lower Mid-Market Lender of the Decade; Inc.s 2024 Founder-Friendly Investors List; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year U.S.A.; DealCatalyst as the 2022 Best CLO Manager of the Year; Korean Economic Daily as the 2022 Best Performance in Private Debt Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers please visit .
Required Experience:
Chief
Employment Type
Full Time
