The Director, Fund and Adviser Compliance will partner closely with the Chief Compliance Officer for the Fund and Adviser to shape and lead a high-impact compliance program across both entities. In this visible, strategic role, you'll drive policy development, oversee testing and regulatory initiatives, and lead due diligence and monitoring efforts that protect and strengthen the organization. You will also guide the preparation and presentation of key Board reports, serving as a trusted advisor on emerging regulations and best practices. This is a unique opportunity to influence compliance strategy, expand your expertise, and contribute to a highly collaborative team.
Your role and impact
Here's a glimpse of your responsibilities and the meaningful impact you'll create as the Director, Fund and Adviser Compliance:
- Partner with the CCO to lead and evolve the Fund and Adviser compliance program, ensuring strong internal controls and regulatory adherence.
- Monitor and document each Fund portfolio's and the Adviser's compliance with investment policies, restrictions, and applicable securities laws; escalate potential issues to the CCO.
- Identify, investigate, and document cases of potential non-compliance, including root-cause analysis and follow-up actions.
- Collect and assemble compliance information from sub-advisers, fund accountants, and other service providers.
- Develop, refine, and document compliance policies, procedures, and testing strategies aligned with SEC, IRS, and industry standards.
- Oversee and conduct compliance testing; design new tests and procedures in response to emerging risks or regulatory changes.
- Lead due diligence and compliance reviews of sub-advisers, including planning, coordination, and documentation of visits.
- Monitor trading activity, best execution, and portfolio diversification limits; analyze findings and prepare communications as needed.
- Support the Liquidity Risk Management program and serve as a resource on pricing, valuation, and related oversight matters.
- Review personal securities transactions under the Codes of Ethics; investigate and report potential exceptions.
- Prepare, coordinate, and present quarterly compliance reports and analytical schedules to the Fund Board of Directors.
- Assist external auditors by gathering required documents and facilitating responses; actively participate in regulatory exams.
- Manage special projects and contribute expertise on evolving compliance topics, industry practices, and regulatory expectations.
What's in it for you
- Competitive pay: Fair compensation for your hard work.
- Healthcare coverage: Comprehensive medical, dental, and vision from day one.
- Life insurance: Company-paid coverage for you and your loved ones.
- 401(k) plan: Matching contributions to help secure your financial future.
- Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
- Work-life balance: Flexible time-off policy to recharge and pursue passions.
- Dress for your day: Express your style comfortably at work.
- Inclusion and Culture: A respectful environment that values unique contributions.
- Flexible work options: We offer remote, hybrid, and onsite opportunities with office locations in Cincinnati, OH; New York, NY; Denver, CO; and Nashville, TN.
- Well-being focus: Programs to support a healthy balance between work and home life.
- Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.
What sets you up for success
- Bachelor's degree or significant coursework in a business-related field (finance, accounting, or similar); advanced degrees such as a Master's in Accounting, J.D., or MBA are preferred.
- Professional credentials--CPA, bar membership, or CFA--are highly valued; Series 6/7, prior securities experience, and/or SIE are strong pluses.
- Demonstrated analytical strength with the ability to interpret data, identify trends, and translate findings into actionable insights.
- Exceptional communication skills, with the ability to collaborate effectively across all levels of the organization and present clearly to senior leadership.
- Strong organizational abilities with a track record of managing multiple priorities, taking initiative, and solving complex problems.
- Proficiency with spreadsheets and word processing tools, and ability to work both independently and within a highly collaborative team.
- Ability to travel periodically (approximately three days per quarter).
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What We Do
Constellation® is a growing portfolio of medical professional liability insurance and partner companies including MMIC, UMIA, Arkansas Mutual and MMIC RRG. We were formed in response to the ever-changing realities of health care and dedicated to reducing risk and supporting physicians and care teams, thereby improving business results. We help medical professionals attain their dream to help, heal, and serve. Our strategy is based on the fundamental belief that together we are stronger, that by sharing resources and expertise, we can help physicians, health care teams and health care institutions reduce risk, improve care and increase profitability. The best part is, what we do is good for everybody. This is how we arrived at our brand strategy, ”Together for the common good.” By working together, we all become part of something bigger than ourselves." Our insurance protects something we can all get behind: Your commitment to provide the very best in care For decades we have been backing the great work of physicians, clinics, hospitals, health systems and senior living communities throughout the country. And, we're mutual—our policyholders are owners, and their influence and expertise help guide the decisions that have made us financially strong for more than three decades. And, our policies come with brainpower—our responsive team is here to answer your questions, help you manage unanticipated situations, and keep you current in the ever-changing health care industry. We offer webinars, assessments and events, plus data analytics and action plans—all designed to help you minimize your risks and improve patient safety practices, using data-informed, customized action plans.
