Title: Investment Compliance Training Specialist
Location: Remote, any US time zone (local to Boston area preferred)
Duration of the Contract: 3 months+
Preferred: Investment Adviser Act 1940 Training experience
Job Summary:
The Investment Compliance Training Specialist will partner across both client’s Investments (“LMI”) and with an external vendor (RegED) to create custom course transcripts, that will then be developed by a third-party vendor into online courses for LMI Supervised Persons and Access Persons. The Training Specialist, will be responsible for all aspects of these courses, including content creation, drafting system course notifications, reminder emails, working with Compliance Staff to determine audience, and partnering with the vendor to deploy the course(s).
Job Duties:
• Create a custom course outline that adheres to RegEDs requirements. This course should be developed using LMI’s Personal Trading Policy and incorporate both firm practices and recent enforcement actions, and no action letters (published by the SEC related to the Investment Advisers Act of 1940), so new and existing employees gain a better understanding of LMI’s Internal Policies and what some real-world violations look like. Additionally, this course should go over how to create disclosures in the firms’ Compliance Reporting and Disclosure system (MCO).
• Create additional custom courses, as time permits, on various topics including but not limited to Gifts & Entertainment, Outside Boards Seats and Business Activities, Information Barrier & Protecting Confidential Information, Supervisory Responsibilities, etc. These courses will follow the same format as above and will require combining both internal Policy information as well as relevant aspects of the Investment Advisers Act of 1940.
• Once courses are created, this person will be responsible for partnering with Compliance Management to draft the firm’s communication plan around deployment, course reminders, overdue notices, etc. This person will then partner with the third party vendor to update the RegED platform accordingly.
• Provide support on other investment adviser projects and initiatives.
Experience:
• Advanced knowledge of the Investment Advisers Act of 1940, Securities and Exchange Act of 1934, Securities Act of 1933 and ERISA regulations
• Strong understanding of various asset classes, including real estate, private equity, bonds, and structured finance
• Excellent communication skills, both written and verbal
• Experience with course design and distilling down complex rules and regulations
• Experience with Compliance Reporting and Disclosure systems (e.g. MyComplianceOffice, StarCompliance, CompySci, etc.) is preferred but not required