Compliance Manager

As a Compliance Manager at Moneta, your primary responsibilities would include monitoring compliance with SEC regulations, overseeing the internal audit program, and managing third-party risk. You'll play a pivotal role in ensuring that client funds and securities are safeguarded while assisting with firm registration and the licensing of investment adviser representatives.

For the Compliance Manager role at Moneta, a bachelor's degree in finance, accounting, or a related field is required. Additionally, a minimum of 2 years of experience with investment adviser policies and procedures is necessary, while certifications like the FINRA Series 65 or Investment Adviser Certified Compliance Professional (IACCP®) are preferred.

Moneta is committed to employee growth and offers comprehensive benefits including professional development reimbursement, which allows Compliance Managers to pursue additional training and certifications that enhance their expertise and career trajectory.

When you join Moneta as a Compliance Manager, you'll go through a structured onboarding process designed to familiarize you with our culture, policies, and the tools you'll need for success. You will receive mentorship from experienced colleagues and opportunities to engage in training sessions to get you up to speed quickly.

Moneta offers a comprehensive benefits package to its Compliance Managers, including paid time off, medical and dental insurance, a 401k match, and a discretionary profit-sharing bonus. Additionally, employees enjoy paid volunteer time off and other wellness programs to support their overall well-being.

When preparing for the interview, it's essential to demonstrate a sound understanding of the SEC 206(4)-2 Custody Rule. Discuss its requirements for proper recordkeeping and safeguards for client funds, and how it influences compliance measures in an investment advisory setting.

In an interview, articulate your strategies for third-party risk management, particularly how to conduct due diligence on service providers and the importance of monitoring their performance. Highlight your experience in leveraging technology for reporting privacy concerns.

Explain the processes you have implemented in past roles to verify compliance during internal audits, focusing on collaboration with teams and the tools you used for tracking adherence to policies and procedures.

This is your chance to showcase your problem-solving skills. Discuss how you would investigate discrepancies, communicate with the involved parties, and ensure timely resolutions while maintaining compliance with Moneta’s policies.

Be prepared to share the specific tools and software you have experience using for compliance monitoring. This could include auditing platforms, regulatory databases, or any proprietary systems used at previous employers.

Discuss your familiarity with the Form 13F/H filings, emphasizing your understanding of the requirements for data accuracy and timely submission, as well as your experience in coordinating such filings across different departments.

This is a behavioral question, so choose a specific challenge that highlights your analytical and critical thinking skills. Walk through the situation step-by-step, detailing the actions you took and the positive outcomes that followed.

In your response, mention the professional resources you follow, such as regulatory updates from the SEC or industry webinars. This shows your proactive approach to staying informed allows you to provide valuable guidance at Moneta.

Effective communication is crucial in compliance. Discuss how you would tailor your messages based on the audience, facilitate training sessions, and utilize clear documentation to ensure all teams understand their compliance obligations.

Paint a clear picture of the Compliance Manager’s role in trade supervision. Discuss how you would identify trade errors, ensure proper recordkeeping, and work with affected parties to rectify issues while fostering an environment of compliance within the firm.