Chief Compliance Officer

Abbott Capital Management, New York City New York, USA

<p>Over 25 Years of Excellence in Private Equity</p>

Salary: Compensation will be Market Rate

Duration: Full-Time


Founded in 1986, Abbott Capital Management is a leading investment management firm that specializes in investing institutional capital in private equity opportunities including buyouts, venture capital, and growth equity funds, as well as secondaries and co-investments. Abbott has over $14 billion in assets under management, and its 50+ person team is headquartered in New York with a second office in London.

Position: Chief Compliance Officer (CCO)

Responsibilities: As part of Abbott’s Legal and Compliance Team, the CCO will report to the General Counsel and be responsible for developing, monitoring implementing and maintaining Abbott’s compliance program to ensure that the Company, its subsidiaries, and its employees are complying with relevant regulatory requirements and internal policies and procedures. The CCO will assess Abbott’s business processes for risk and adherence to compliance goals. Specific responsibilities include:

  • Developing, implementing and periodically updating Abbott’s Compliance Policies and taking steps to ensure that employees are informed and trained as to compliance requirements and goals;
  • Managing a compliance monitoring program, conducting testing and issuing an annual compliance report. This would also include periodic formal reporting on the effectiveness of the Company’s compliance initiatives, any violations, sanctions, exemptions, and overall culture of compliance;
  • Review marketing and sales material to ensure consistency and compliance with applicable laws, regulations, etc.;
  • Conducting Code of Ethics monitoring and managing the Code of Ethics system (currently PTCC) and ongoing identification and management of various conflicts of interest (gifts, political contributions, personal securities, etc.);
  • Performing other business risk assessments such as investment process, best execution practices, various internal review/approval processes, and cybersecurity, business continuity, records retention and email reviews, among others;
  • Assist in the assessment of the control and compliance environment of underlying investment opportunities during the operational due diligence process;
  • Management of the Company’s annual regulatory report preparation and filings (i.e., Form ADV, Parts 1, 2a and 2b, Form PF, etc.) and coordination of regulatory examinations in both the U.S. and oversight for the U.K. compliance function; and
  • Maintaining familiarity with current laws, rules, regulations, including attendance at industry conferences as appropriate.

Requirements

Requirements/Skills:

  • Private equity experience
  • Bachelors degree required
  • Minimum of 5+ years of relevant compliance experience; significant familiarity with the U.S. Investment Advisers Act is preferred.
  • Strong organizational, collaboration and managerial skills
  • Effective written and verbal communication skills

About Abbott Capital Management

Abbott Capital Management was founded in 1986 with a vision of providing value-added private equity portfolio construction and management for institutional investors. Since that time, Abbott Capital has sought to build industry-leading capabilities focused exclusively on identifying best-of-breed managers of private equity funds globally and constructing thoughtful, high-conviction portfolios. Abbott Capital manages over $7 billion in private equity assets for institutions and their beneficiaries around the world. We take pride in our thorough due diligence, disciplined portfolio construction, ability to access to top-quality managers, stable leadership, and high level of client service.

Abbott Capital Management

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