Global Endowment Management (GEM) is a leading outsourced Chief Investment Office (OCIO) providing institutional investment capabilities for endowments, foundations, and other long-term investors. For over fifteen years GEM has stewarded the financial assets of our clients to enable them to fulfill their missions. GEM’s history is deeply rooted in endowment-style investing, with today’s approach modernized to offer custom solutions tailored to each client’s unique investment needs.

To learn more, visit www.globalendowment.com.

Job Description
As an integral member of GEM’s Compliance Team, the Associate will report to the Chief Compliance Officer.

Key Responsibilities
Key responsibilities include, but are not limited to:

• Review and edit GEM marketing materials to ensure compliance with the SEC “Marketing” or “Advertising” Rules of the Investment Advisers Act. - These include requests for proposals (“RFPs”), pitch decks to new prospects, existing client decks, letters to investors, external-facing communications via social media, and other forms of what the SEC deems to be “advertising.”
• Educate and train various GEM employees firm-wide on regulatory marketing requirements and nuances and how they apply to GEM
• Stay apprised of and maintain expertise on the SEC and NFA regulations, including those that relate to ESG investing
• Liaise with compliance consultants and legal counsel when necessary
• Assist with handling potential conflicts of interest
• Perform manager operational due diligence (ODD) reviews in connection with underlying investments with external private fund managers
• Assist with enforcing and testing of GEM’s compliance program
• Assist with writing and maintaining GEM’s policies and procedures
• Keep abreast of SEC and NFA regulatory changes that are relevant to GEM and communicate them to the team
• Assist with regulatory examinations
• Assist with the constant improvement of GEM’s compliance program as the firm grows
• Complete ad hoc projects and other tasks as needed

Requirements
- 3+ years of experience performing compliance reviews on advertising materials for public or private funds is preferred
- Familiar with the SEC’s Marketing/Advertising Rule under the Investment Advisers Act while working for a regulated financial entity, securities regulator, or regulatory consultant
- Compliance, external audit, internal audit, or operational diligence experience is preferred
- Familiar with alternative investments operations and controls is a plus
- Familiar with ESG and impact investing and regulators’ views on these investments is a plus
- Excellent attention to detail and organization skills
- Communicating with an educational rather than dictatorial mindset
- Continuous learning mindset used to improve processes
- Ability to communicate well verbally and in written form while helping build connections effectively within and across teams
- Ability to quickly adjust task priorities and work under time constraints, including off-hours on occasion
- Ability to make important decisions while assessing firm, monetary, and regulatory risk
- Ability to offer constructive solutions to compliance and other issues
- Exercise good commercial and practical judgement
- Proficient across the basic Microsoft Office suite