Vice President, Head of Private Wealth Compliance

Vice President, Head of Private Wealth Compliance Job Description Summary For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and the drive to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add hard-working individuals who seek a collaborative, open-door culture that values diversity and innovative thinking. We are proud to offer a collegial environment that's marked by low turnover and high energy in which you will be inspired to grow and thrive! Here, you will be encouraged to build on your strengths and acquire new skills and experiences. We are committed to encouraging an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences improves the potential of both the individual and the firm. HarbourVest is an equal opportunity employer. This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office. The Vice President, Head Private Wealth Compliance is a key leader who will support the growth of HarbourVest's private wealth business globally and reports to the Chief Compliance Officer. This individual holds primary responsibility for the design, implementation, and updating of the 38a-1 compliance program applicable to HarbourVest-managed registered investment companies, as well as the compliance program for other private wealth-focused products managed by the firm. This role will partner with team members to develop and improve policies, procedures, and controls for the firm's private wealth function. The ideal candidate is someone who is: Knowledgeable about the regulatory framework and obligations applicable to registered investment companies. Familiar with evergreen fund structures and private equity investment strategies. Organized and effective in driving initiatives, directly or within the team, with the capability to assume responsibility and ownership; adept at crafting strategies and building consensus to see them through to fruition. Adept at problem solving, mitigating issues, and identifying creative solutions to get results. Experienced working in a global organization. Willing to roll up sleeves and be hands on when needed. What you will do: Lead the Firm's 38a-1 compliance program, including the effective implementation of policies, procedures, testing and controls. Among other things, you will: Coordinate and document the oversight of key service providers for the Firm's registered investment companies. Implement pre-and post-trade testing controls to ensure compliance with Investment Company Act requirements. Partner with colleagues in other departments on the development of desktop procedures to operationalize compliance policies and procedures. Monitor and analyze potential conflicts that may arise from the private wealth business. Serve as the Compliance subject matter expert for the co-investment program of HarbourVest registered investment companies. Lead the preparation of periodic and ad hoc compliance reports for the board(s) of HarbourVest registered investment companies. Support the creation of various board resolutions, including co-investment resolutions. Support and enhance the compliance program for other evergreen products, including coordinating with colleagues in EMEA to enhance policies, procedures and controls for evergreen Luxembourg funds. Support the development of new products and services, including registered funds and evergreen products. Coordinate the submission of regulatory filings for HarbourVest registered investment companies, with dotted-line oversight of more junior compliance professionals. Partner with Compliance and Legal leadership to support business needs. What you bring: Solid understanding of securities laws, rules and regulations applicable to Registered Investment Advisers ("RIAs"), Registered Investment Companies ("RICs"), and private unitized fund offerings and related matters, including the Investment Adviser Act of 1940, Investment Company Act of 1940, Securities Act of 1933 and Securities Exchange Act of 1934. Hands-on experience drafting, implementing and/or testing 38a-1 compliance programs for registered investment companies. Experience serving as a high-visibility compliance leader who fosters positive interactions with business units as well as other operational teams. A collegial and collaborative approach. Outstanding communication skills, both oral and written, including the ability to effectively communicate complex regulatory issues in a simple and logical manner. Education Bachelor of Arts (B.A) or equivalent experience, preferably with a concentration in law, business, finance or accounting. Juris Doctor (JD) a plus. Experience 10+ Years of relevant experience in a legal/compliance capacity preferred. #J-18808-Ljbffr

Created: 2024-11-13