Job Summary:

The Senior Compliance Manager – Enhanced Monitoring & Supervision is responsible for the design, implementation, and ongoing administration of the firm’s enhanced-risk client, employee, and business activity monitoring framework. This role focuses on identifying, assessing, and monitoring elevated risk across clients, employees, advisors, and business practices.

The role includes developing a risk-based high risk evaluation framework consistent with applicable regulatory expectations and industry best practices, including principles derived from AML and financial crime frameworks. This role is anticipated to be actively involved in developing the framework in response to proposed AML regulations applicable to Registered Investment Advisors.

Essential Job Functions for this role include:

Implement and maintain High Risk Client Framework

• Design and implement high risk client identification and evaluation framework
• Develop risk scoring methodology and high-risk criteria based on client risk indicators, regulatory obligations and firm risk thresholds
• Oversee enhanced due diligence-style reviews

Internal Employee & Advisor Risk Monitoring

• Monitor internal employee and advisor activities for elevated compliance risk
• Assess outside business activities and conflicts of interest
• Identify patterns and behaviors indicating increased risk

Heightened Supervision Oversight

• Design and manage heightened supervision plans
• Track adherence and escalating issues
• Ensure remediation and documentation

Business Practice Monitoring

• Monitor high risk business practices including onboarding, fees, and vendor relationships for conflicts of interest and inconsistent or suspicious activities
• Identify deviations from policy and emerging risk areas
• Participate in internal reviews based on customer feedback or internal escalations

Risk Assessment & Reporting

• Conduct risk assessments for clients, employees, and business practices
• Develop dashboards and reporting for senior management
• Support regulatory readiness and audit documentation

Knowledge, Skills, and Abilities:

• Bachelor’s degree required
• 5+ years of experience in compliance or risk management
• Strong knowledge of investment adviser regulations, AML and enhanced due diligence requirements.
• Strong analytical, investigative, and documentation skills.
• Ability to exercise sound judgment and maintain confidentiality in sensitive matters.
• Strong written and verbal communication skills, including interaction with regulators.
• Proficiency in Microsoft Office applications (Excel, Word, Outlook, PowerPoint).
• CAMS or equivalent AML certification preferred

Work Schedule:

This professional role requires availability during standard business hours of Monday through Friday from 8AM to 5PM. At times, the role may have early or late hours to meet business tasks and deadlines for external and internal client needs.

All roles classified as a non-exempt are required to record working time into the timekeeping system daily at the start and end of each workday plus a 30-minute unpaid lunch period.

Working Conditions:

This position may be in a professional office environment or a dedicated home office workspace which is free of interruptions. Whether position is in a dedicated office space or home office workspace, basic technology needs will be provided to satisfy position requirements. Routinely sitting and standing for periods of time. No heavy lifting over 10 lbs.