Associate Compliance Officer

Position Summary: This position description is intended to describe the general content of and requirements for performance of the position responsibilities. It is not to be construed as an exhaustive statement of essential functions, responsibilities or requirements nor meant to exclude other duties as assigned.
 
The Associate Compliance Officer shall provide support to the Compliance Department (Chevy Chase Trust & ASB Capital Management) in the administration of compliance and legal functions for Chevy Chase Trust & ASB Capital Management.  This position requires a high degree of self-initiative and ownership of the results.  The Associate Compliance Officer should demonstrate an ability to develop competencies and knowledge regarding the compliance systems and associated legal requirement, specifically the Investment Advisers Act and fiduciary laws and regulations for trust companies.  The Associate Compliance Officer will need to apply this knowledge to the operations and systems of Chevy Chase Trust and ASB Capital Management.

The Associate Compliance Officer’s primary responsibility will be to assist the Compliance Department in the oversight of each firm’s corporate compliance program, to ensure that each firm (and its respective employees) is in compliance with the rules and regulations of regulatory agencies, company policies and procedures and firm-wide standards of conduct. Specifically, the Staff Compliance Officer will be responsible for:

Company Core Values:

- Excellence : Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.

- Results : Consistently going above and beyond to deliver exceptional results and value for the team and the organization.

- Ethics/Integrity : Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.

- Teamwork : Demonstrates a commitment to collaboration, mutual respect, and shared responsibility in achieving common goals.

Duties & Responsibilities of the Associate Compliance Officer:

- Day-to-day administration of the firm’s compliance systems and modules for the firm’s custodian, trade order management, and compliance systems.

- Implementing and monitoring policies and procedures for each firm’s compliance with securities and fiduciary laws and regulations. This will include conducting follow-up with the other staff to ensure compliance with the firm’s policies and participating in the daily administration of compliance throughout the firm. These duties will include day-to-day monitoring activities for each firm’s equity, fixed income and real estate investment management functions as well as oversight of various trust services, anti-money laundering procedures, privacy and cybersecurity monitoring, and ERISA compliance.

- Assisting in the delivery of responses to regulatory exams, external and internal audits and [firm] self-assessments.

- Administering the IARD web-site filings for each firm.

- Administering the state filing requirements for the individual investment adviser representatives of each firm.

- Supporting the Associate General Counsel in his role as the secretary for the CCTC Board of Directors, Management Committee, Trust Administrative Committee and Trust Investment Committee as well as support for other committees, as needed.

- Monitoring and, as necessary, coordinating compliance activities of various departments to remain abreast of compliance matters and identify trends.

- Identifying potential areas of compliance vulnerability and risk.

- Assisting the Associate General Counsel of Chevy Chase Trust with specific tasks, as assigned.

Job Requirements (Skills / Abilities) / Experience / Education / Licenses / Certifications of the Associate Compliance Officer:

- Excellent interpersonal skills

- Good analytical skills and judgment

- Strong oral and written communication skills

- Strong personal computer and troubleshooting skills

- Detail oriented with excellent organizational skills

- Exceptional time management skills; able to prioritize multiple demands/projects and meet deadlines

- Self-motivated

- Able to learn at a fast pace

- At least 1-3 years of relevant industry experience required.

- Expected to complete relevant industry training.

The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held.  Base pay is one component of Chevy Chase Trust's total compensation package, which also includes eligibility for discretionary incentive compensation, healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more. 
 
Summary of Competitive Benefits & Perks:
Health/Medical Insurance including Dental and Vision
401(k) with company match
Paid time off
Bonus/Target Incentive
Tuition Reimbursement
Complimentary usage of modern in-house fitness center
On-premise full-service dining center discounts
Discounts via the company’s EAP
Pre-tax transportation options
 
Chevy Chase Trust is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.
 
If you are a candidate in need of assistance or an accommodation in the application process, please contact [email protected] or 301-986-6000.
 
Equal Opportunity Employer/Veterans/Disabled