HIFON Group
Blue Chip Partners Seeking Chief Compliance Officer (Farmington Hills, MI)
HIFON Group, Farmington Hills, Michigan, United States,
Blue Chip Partners Seeking Chief Compliance Officer (Farmington Hills, MI)
August 30, 2024Chief Compliance OfficerAbout the Firm:Blue Chip Partners, LLC, is a registered investment advisory (RIA) firm headquartered in Farmington Hills, Michigan. In 2023, Blue Chip Partners was named one of the best places to work in Southeast Michigan by Crain’s Detroit Business, ranking 29 on a list of 100 recognized firms. Blue Chip Partners has 30 employees and its assets under management have increased from $305 million in 2015 to over $1.3 billion as of May 2024. Blue Chip Partners provides highly personalized financial planning and portfolio management services to over 800 clients. Our growth is a testament to the caliber of our team members. Blue Chip Partners hiring strategy is simple: we identify highly qualified individuals, compensate them fairly, invest in their professional development, and foster a corporate culture that results in their staying for the long-term.We are seeking an experienced, hands-on Chief Compliance Officer with a proven track record to lead and manage all aspects of the firm’s compliance program. This position reports directly to executives of the firm and has no direct reports.Key ResponsibilitiesResponsible for the implementation and maintenance of the firm’s compliance program to ensure compliance with the Investment Advisers Act of 1940 and other securities laws and regulations. The candidate’s responsibilities will include, but are not limited to:Administer, monitor and implement the firm’s compliance programConduct annual review and risk assessment of the compliance program and report findings to the firm’s executive teamTest systems and controls to effectively manage and mitigate compliance riskAdminister and monitor the firm’s Code of Ethics, including attestations, personal trading activities, reporting of business gifts and outside business activities of Access PersonsProactively identify and assess SEC proposed regulations that may require the firm’s compliance program to be updated to ensure complianceReview and maintain firm’s compliance policies and procedures, disclosure documents and compliance calendarAnalyze client investment guidelines to implement and monitor investment restrictionsReview and approve marketing related materialsReview and monitor trading processes and trade error correctionsConduct initial, periodic and annual compliance training to educate and engage employees on compliance policies and procedures, including Code of Ethics and Fiduciary DutyPrepare and submit all required regulatory filings and disclosure documents in a timely and accurate mannerServe as primary contact for SEC, state and other regulatory examiners, as well as firm’s compliance counsel; and respond to all exams/inquiries during regulatory examinationsManage all aspects of the annual custody examination conducted by an independent auditing firmConduct/supervise periodic review of employees’ firm email communicationsWork with IT team on cybersecurity/compliance mattersAssist with firm’s insurance programsPeriodically attend compliance and regulatory forums sponsored by respected industry organizationsProvide support to operations and client service teams, as neededManage continuing education requirements for IA representativesQualificationsAbility to foster culture of compliance and integrityAdheres to high ethical standards, judgment and discretionSelf-motivated, and able to function with a high degree of independenceAbility to be proactive and follow up to resolve issuesSeeks to keep abreast of compliance regulations and best practicesExcellent attention to detail and organizational skillsStrong oral and written communication skillsAbility to understand complex regulatory standardsWorks well in non-hierarchical environment and is a team playerWillingness to assist colleagues with special requests, as neededCommitment to learningCandidate Requirements5 years or more working experience for a SEC registered investment adviser in a relevant compliance, legal or regulatory roleStrong knowledge and understanding of the Investment Advisers Act of 1940 and state securities laws, and other related laws and regulationsExperience with SEC, state and/or other regulatory examinationsKnowledge of portfolio accounting, order management and compliance reporting systemsKnowledge of basic Microsoft Office applications, notably ExcelEmployment Particulars:Position Type: Full Time (in office/hybrid would be considered)Position Location:Farmington Hills, MICompensation will depend on qualifications and experience. Anticipate salary and bonus compensation in the $135,000-$200,000 range with opportunity for profit sharing based upon the overall performance of the firmExcellent benefits including employer-subsidized medical, dental, vision, life, and disability plans, 401(k) plan with a 3% matchGreat work environment and outstanding co-workers
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August 30, 2024Chief Compliance OfficerAbout the Firm:Blue Chip Partners, LLC, is a registered investment advisory (RIA) firm headquartered in Farmington Hills, Michigan. In 2023, Blue Chip Partners was named one of the best places to work in Southeast Michigan by Crain’s Detroit Business, ranking 29 on a list of 100 recognized firms. Blue Chip Partners has 30 employees and its assets under management have increased from $305 million in 2015 to over $1.3 billion as of May 2024. Blue Chip Partners provides highly personalized financial planning and portfolio management services to over 800 clients. Our growth is a testament to the caliber of our team members. Blue Chip Partners hiring strategy is simple: we identify highly qualified individuals, compensate them fairly, invest in their professional development, and foster a corporate culture that results in their staying for the long-term.We are seeking an experienced, hands-on Chief Compliance Officer with a proven track record to lead and manage all aspects of the firm’s compliance program. This position reports directly to executives of the firm and has no direct reports.Key ResponsibilitiesResponsible for the implementation and maintenance of the firm’s compliance program to ensure compliance with the Investment Advisers Act of 1940 and other securities laws and regulations. The candidate’s responsibilities will include, but are not limited to:Administer, monitor and implement the firm’s compliance programConduct annual review and risk assessment of the compliance program and report findings to the firm’s executive teamTest systems and controls to effectively manage and mitigate compliance riskAdminister and monitor the firm’s Code of Ethics, including attestations, personal trading activities, reporting of business gifts and outside business activities of Access PersonsProactively identify and assess SEC proposed regulations that may require the firm’s compliance program to be updated to ensure complianceReview and maintain firm’s compliance policies and procedures, disclosure documents and compliance calendarAnalyze client investment guidelines to implement and monitor investment restrictionsReview and approve marketing related materialsReview and monitor trading processes and trade error correctionsConduct initial, periodic and annual compliance training to educate and engage employees on compliance policies and procedures, including Code of Ethics and Fiduciary DutyPrepare and submit all required regulatory filings and disclosure documents in a timely and accurate mannerServe as primary contact for SEC, state and other regulatory examiners, as well as firm’s compliance counsel; and respond to all exams/inquiries during regulatory examinationsManage all aspects of the annual custody examination conducted by an independent auditing firmConduct/supervise periodic review of employees’ firm email communicationsWork with IT team on cybersecurity/compliance mattersAssist with firm’s insurance programsPeriodically attend compliance and regulatory forums sponsored by respected industry organizationsProvide support to operations and client service teams, as neededManage continuing education requirements for IA representativesQualificationsAbility to foster culture of compliance and integrityAdheres to high ethical standards, judgment and discretionSelf-motivated, and able to function with a high degree of independenceAbility to be proactive and follow up to resolve issuesSeeks to keep abreast of compliance regulations and best practicesExcellent attention to detail and organizational skillsStrong oral and written communication skillsAbility to understand complex regulatory standardsWorks well in non-hierarchical environment and is a team playerWillingness to assist colleagues with special requests, as neededCommitment to learningCandidate Requirements5 years or more working experience for a SEC registered investment adviser in a relevant compliance, legal or regulatory roleStrong knowledge and understanding of the Investment Advisers Act of 1940 and state securities laws, and other related laws and regulationsExperience with SEC, state and/or other regulatory examinationsKnowledge of portfolio accounting, order management and compliance reporting systemsKnowledge of basic Microsoft Office applications, notably ExcelEmployment Particulars:Position Type: Full Time (in office/hybrid would be considered)Position Location:Farmington Hills, MICompensation will depend on qualifications and experience. Anticipate salary and bonus compensation in the $135,000-$200,000 range with opportunity for profit sharing based upon the overall performance of the firmExcellent benefits including employer-subsidized medical, dental, vision, life, and disability plans, 401(k) plan with a 3% matchGreat work environment and outstanding co-workers
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