Fractional Chief Compliance Officer
We have partnered with a private equity client in its search for a Fractional Chief Compliance Officer.
This engagement is expected to begin at approximately 20 hours per week for the first one to two months and then ramp up to approximately 40 hours per week as the scope expands. The initial engagement is expected to last at least six months, with the possibility of conversion to a permanent position.
The search is moving quickly, and candidates must be available to begin immediately or become available on short notice.
Key Requirements
Candidates must have:
- Recent compliance leadership experience directly within a private equity firm
- Experience supporting an SEC-registered investment adviser
- Strong knowledge of the formal compliance requirements applicable to private equity funds and investment advisers
- Availability to begin at approximately 20 hours per week and ramp up to approximately 40 hours per week within the first one to two months
- The ability to work primarily remotely and travel to the New York City office at least once per month
- Preference will be given to candidates located in the New York City metropolitan area
- Required recent private equity and registered investment adviser experience
Responsibilities
- Lead and manage the full compliance function for a private equity firm and registered investment adviser
- Oversee ongoing compliance obligations, including quarterly and annual certifications, annual compliance reviews, employee attestations, and recurring compliance calendar requirements
- Review, update, and maintain the firm's compliance manual, policies, procedures, and code of ethics
- Manage compliance requirements relating to political contributions, gifts and entertainment, personal trading, material nonpublic information, marketing materials, employee onboarding, and regulatory developments
- Lead or support Rule 206(4)-7 annual reviews, mock SEC examinations, regulatory implementation, and SEC examination readiness
- Partner with senior leadership, outside counsel, compliance consultants, and internal stakeholders
- Help stabilize the compliance function, reduce reliance on outside resources, and determine the appropriate long-term compliance structure
- Provide practical, hands-on guidance and address compliance matters as they arise
Skills Required
- Prior experience serving as a Chief Compliance Officer, Fractional Chief Compliance Officer, or senior compliance leader within a private equity firm
- Recent experience supporting an SEC-registered investment adviser
- Strong understanding of private equity compliance programs and investment adviser regulatory obligations
- Knowledge of Rule 206(4)-7, code of ethics testing, employee certifications, marketing review, personal trading, MNPI, political contributions, and SEC examination readiness
- Ability to work independently in a lean, fast-moving environment
- Practical and business-minded approach to compliance
- Strong judgment and the ability to communicate effectively with senior leadership
Education and Experience
Education:
Bachelor's degree required.
Experience:
Recent private equity compliance experience and prior responsibility for the compliance program of a registered investment adviser are required.
Location:
Primarily remote, with required travel to the New York City office at least once per month. Preference will be given to candidates located in the New York City metropolitan area.
Schedule:
Approximately 20 hours per week for the first one to two months, ramping up to approximately 40 hours per week thereafter.
Engagement Length:
At least six months, with the possibility of it becoming temp to permanent employment.
About Korn Ferry
Korn Ferry unleashes potential in people, teams, and organizations. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers. To learn more, please visit Korn Ferry at www.Kornferry.com
