Associate Compliance Officer

Chevy Chase Trust is a privately owned investment think tank offering independent and highly personalized financial advice and planning for individuals, families, and institutions. Located just outside of Washington D.C., the firm specializes in unique thematic investment research and asset management. Chevy Chase Trust offers clients direct access to decision-makers and is built to put clients and client success over everything else. From thematic investment management to estate and financial planning, we show our commitment to inventive thinking and client service.
Our global, macroeconomic outlook means we do much more than observe and follow trends. Instead, we seek out ideas. It takes more than one kind of person to contribute to this culture. It takes all kinds of people thinking in unconventional ways—with a singular focus.
Position SummaryThe Associate Compliance Officer provides support to the Compliance Department in the administration of compliance functions for Chevy Chase Trust & ASB Capital Management. This position requires a high degree of self-initiative, critical thinking ability, written and verbal communication skills, and ownership of the results. The Associate Compliance Officer demonstrates an ability to develop competencies and knowledge regarding the compliance systems and associated legal requirements, specifically the Investment Advisers Act and fiduciary laws and regulations for trust companies. The Associate Compliance Officer applies this knowledge to the operations and systems of Chevy Chase Trust and ASB Capital Management. 

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
• Monthly Employee Recognition Programs
• Referral bonus
• Pre-tax transportation options
• Plus more!

Duties & Responsibilities: The Associate Compliance Officer supports the Compliance Department in its oversight of each firm’s corporate compliance program. Specifically, the Associate Compliance Officer is primarily responsible for:

• Day-to-day administration of the firm’s Code of Ethics compliance system.
• Performance of periodic and ad hoc testing.
• Implementing and monitoring policies and procedures for each firm’s compliance with securities and fiduciary laws and regulations. This includes 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 also 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 and external and internal audits.
• Assisting in the annual compliance program review for each firm.
• Assisting with regulatory filings for each firm.
• Assisting with the facilitation of continuing education, a requirement to be fulfilled by the individual investment adviser representatives of each firm.
• Assisting with the production of meeting materials and reporting to various Committees of each firm.
• 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.
• Serving as backup for cash and security guideline administration in the trade order management system.

JOB REQUIREMENTS (SKILLS / ABILITIES) of an 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

EXPERIENCE / EDUCATION / LICENSES / CERTIFICATIONS of an Associate Compliance Officer:

• Up to two years of work experience
• Familiarity with Microsoft Outlook, Word, and Excel
• Bachelor's of Arts or Bachelor's of Science degree required, focusing on Accounting, Finance or Business
• Expected to complete relevant industry training

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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 access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more. 
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 corporate.resumes@bfsaul.com or 301-986-6000. Equal Opportunity Employer/Veterans/Disabled