Easterly Asset Management

Location: Beverly, MA

Company Overview:
Easterly Asset Management and its Strategic Partners provide private wealth and institutional investors with a portfolio of solutions across alternatives, active equity and active fixed income. Founded in 2019, Easterly’s goal is to bring curated solutions to clients that make their portfolios better by partnering with trusted investment teams who have an established track record of delivering value to investors. Easterly enables high-performing managers to operate at scale by delivering best-in-class resources, risk management, operational support, infrastructure and an institutional and wealth distribution team. As of December 31, 2024, Easterly and its Strategic Partners manage $60B of client assets. For more information, visit easterlyam.com.

Summary
We are looking for a highly motivated, hands-on, and experienced Compliance Manager to help us grow our asset management and distribution business. As the Compliance Manager, you are responsible for working with the General Counsel and the CCO to help ensure that our organization complies with legal and regulatory requirements.  

Your primary objective will be to help support our registered investment adviser, Easterly Investment Partners LLC and the firm’s limited purpose broker/dealer, Easterly Securities LLC.
This is an exciting opportunity to be part of a rapidly growing company, to make an important impact on our growth plans and help pave the way for our future success.

Position Description
Position reports to the CCO and is a member of Easterly Asset Management’s Legal and Compliance Team.

Easterly Investment Partners LLC
•    Support the CCO in the implementation of a Compliance framework that aligns with regulatory expectations and business objectives:
•    Manage Code of Ethics (daily monitoring, issue quarterly and new hire certifications, conduct training, manage broker feeds, review policy annually and make recommended changes, monitor firm trades, review pre-clearance requests and escalate as needed)
•    Help to ensure distribution channels operate within legal and regulatory guidelines, including retail, institutional, and private placement distributions. 
•    Collaborate to provide timely, creative, clear, and thoughtful guidance to staff on adviser compliance matters. 
•    Assist with the effective implementation of adviser policies and procedures to safeguard the firm against potential legal and regulatory risk.
•    Familiarity with regtech systems such as ComplySci, Red Oak, Global Relay, Smarsh, Theta Lake, LiquidityBook and others a plus.
•    Proactively identify and assess compliance risks, providing guidance on mitigating such risks across channels. 

Easterly Securities LLC
•    Support the firm’s limited purpose broker-dealer, including registration and licensing, review of communications with the public, email review, training, etc.
•    In coordination with the BD CCO and General Counsel, act as a key liaison between the firm and regulatory bodies such as FINRA, SEC, and other self-regulatory organizations, as required. 
•    Assist with regulatory filings and ensure timely responses to regulatory inquiries, inspections, and examinations. 
•    Help develop and implement policies, procedures, and controls that effectively mitigate risks related to the firm’s business operations. 
•    Monitor changes to relevant laws, regulations, and industry best practices, ensuring the firm remains compliant with all relevant legal requirements. 
•    Participate in internal compliance assessments, identifying potential vulnerabilities and implementing corrective actions as needed. 
•    Collaborate with senior management to develop and maintain a robust compliance culture throughout the firm. 
•    Help prepare compliance reports and documentation to internal stakeholders.

Qualifications
•    Bachelor’s degree in finance, Business, Economics, legal studies, a related field or equivalent professional experience required. Advance degree helpful but not required.
•    FINRA Series 7 and 24 registrations preferred. 
•    7-9 years of related work experience in Compliance required. Experience with Investment Adviser compliance is a requirement. Support of FINRA Broker/Dealer member firm preferred. 
•    Ability to work collaboratively with other departments and stakeholders.
•    Ability to work independently and make decisions in a fast-paced and evolving regulatory landscape. 
•    Ability to work in a fast-paced environment and manage multiple priorities
•    Experience in developing and implementing Compliance frameworks, policies, and training programs. 
•    Ability to communicate complex Compliance concepts clearly and effectively to various stakeholders, including senior management, regulators, and staff. 
•    Strong analytical and problem-solving skills with the ability to navigate complex regulatory environments. 
•    Deep understanding of securities laws and regulations (including FINRA, SEC, and state regulations) as they pertain to mutual funds and private funds, and broker-dealer operations. 
•    Familiarity with GIPS a plus but not required.

Benefits
•    Health, Dental, Vision and Life Insurance
•    Generous paid time off policy 
•    401(k) with employer match (upon eligibility)

Location
Beverly, MA

Full-time

Easterly Asset Management provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identification, national origin, age, disability, genetics, or any other characteristic protected by federal, state or local law.

To apply:  Send email with cover letter and resume to: compliance@easterlyam.com