US Chief Compliance Officer

About the Business

Coolabah Capital Investments (CCI) is a global absolute return fixed-income firm managing over USD $8 billion of assets. CCI focuses on generating alpha from long and short security-specific investments. This is facilitated through quantitative proprietary modelling combined with fundamental credit research. The team includes 45+ talented, full-time staff located in London, Sydney, Melbourne, and Auckland. The firm is embarking on its US growth plan, opening up a US Office in 2024.

About the Role

The role is for a US Chief Compliance Officer (CCO) to be based in Miami. The successful individual will report to the Global Chief Risk Officer (CRO). The role is a permanent, full-time position, and the successful candidate will be expected to be in the office 5 days a week.

At a high entity level, the US CCO’s remit encompasses:

• Designing, implementing and monitoring the processes through which the US arm of CCI will comply with all applicable laws, regulations and best practice.

At a more granular level, the US CCO’s key responsibilities include:

• Deploying procedures and controls as part of an approved US compliance program.
• Monitoring the efficacy of the Group’s investment management and IT controls, including cyber defense. A suite of such controls will be rolled out to the US entity.
• Adhering to US AML-CTF protocols, including KYC, aligned to Group measures.
• Maintaining and updating the firm’s US regulatory and legal registrations.
• Liaising with US regulators, external advisors and auditors.
• Organizing the US compliance calendar and ensuring timely submissions to US regulatory bodies. By extension, contributing to CCI’s consolidated global compliance calendar.
• Maintaining and updating the firm’s US regulatory and legal reporting configurations.
• Advising on the organisation and monitoring of any applicable reporting to relevant US and/or global authorities and trade repositories under the above configurations.
• Maintaining and updating US compliance certificates and risk registers under Group policy.
• Assisting in the investigation, identification, and remediation of any exceptions and/or breaches, in accordance with US regulations and Group policies.
• Overseeing the US component of anti-market abuse controls, best-execution and trade cost analysis in line with best market practice.
• Assisting the Group Custody Officer by maintaining and updating the US asset register.
• Assisting with US counterparty and mandate onboardings in accordance with Group policy, including any annual US counterparty KYC compliance uplifts.
• Assisting in any US marketing from a regulatory perspective. This is part of being responsible for the provision of US financial products and services, working with CCI’s global sales team.
• Contributing to CCI’s adherence to global compliance and risk standards, whilst being an integral part of the firm’s Finance, Risk, Operations and Tech (IT) Team.
• There will be some interaction with the Group’s Senior Executive members, providing US input for the purpose of updating the parent committees and updating global policies.

Skills and Experience

We are considering highly motivated and talented candidates with the following attributes:

• 5-8 years’ experience in a similar US compliance & risk position, with the appropriate qualifications and regulatory registrations.
• This includes experience with SEC/NFA/CFTC compliance for RIAs and CPOs/CTAs.
• Sufficient US regulatory knowledge and experience to qualify as a regional subject matter expert. This includes a sound knowledge of US compliance obligations, operations and laws.
• A detailed understanding of all US regulatory bodies, plus the RIA and ERA codes.
• A deep knowledge of Dodd-Frank/EMIR/SFTR protocols, rules and technical standards.
• Regulatory reporting experience in cash bonds, exchange-traded and OTC derivatives.
• Some knowledge of evolving US regulations, e.g., on cyber, ESG and stable NAV pricing.
• A current Series 3 qualification would be a strong advantage and will be required for the role in time.
• A grasp of internal audit, governance, complaints handling and breach reporting.
• An ability to collaborate effectively with front office portfolio management-trading members and data scientists. These functions will be represented in the US.
• A strong attention to detail, excellent analytical acumen and a problem solving ability.
• A fluency in written andverbal communications.
• An ability to work autonomously and as part of a team is essential.

Benefits

• It is expected that a market-competitive contract will be agreed with the opportunity to participate in the bonus pool, including equity participation over time.
• The work will be demanding but also highly rewarding with the right candidate able to assume significant responsibilities immediately and contribute directly to CCI’s global success.

No recruiters please.