Senior Manager, Compliance

About Us:

ProShares now offers one of the largest lineups of ETFs, with over $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

Reporting to the Chief Compliance Officer, the Senior Manager, Compliance is the compliance partner to multiple business units and is responsible for ensuring that ProShares compliance programs appropriately address the regulatory risks relative to the firm’s business activities. As a Compliance leader, working within the Compliance function, the incumbent will be actively engaged with multiple businesses to provide compliance advice, monitoring and oversight of effective programs. 

Essential Job Functions [1]:

• Actively engage with the CCO to develop and implement compliance policies and procedures
• Act as Compliance Officer in the absence of the Chief Compliance Officer.
• Assist in directing Compliance function throughout the organization
• Proactively identify, manage and resolve compliance issues and determine the effectiveness of compliance controls
• Manage key compliance service relationships and interact on behalf of the company with regulatory agencies, SROs and service providers. Benchmark policies against industry best practices
• Act as internal and external subject matter expert on compliance matters for registered investment advisers, ETFs, mutual funds, CPOs and CTAs. Oversee compliance activities of, and manage relationships with, services providers
• Administer a risk-based compliance testing program
• Monitor and interpret new regulatory requirements and related policies and procedures. Map compliance procedures to current regulatory and prospectus requirements
• Provide counsel and training for sales, marketing, strategy, and portfolio management staff
• Review prospectuses, applications, and advertising materials. Ensure potential conflict of interest is appropriately managed and disclosed.
• Other duties as assigned

Education and Experience:

• BS or BA required, JD strongly preferred
• 5+ years’ experience in compliance role for registered investment company
• Familiarity with fund distribution, broker-dealer and investment advisor issues
• 5+ years’ experience working with SEC, FINRA, CFTC and other securities agencies
• 5+ years’ experience writing and implementing policies and procedures
• 5+ years’ experience conducting audits
• Strong knowledge of the Investment Company Act of 1940, the Investment Advisers Act of 1940 and related regulations
• Series 63, 7, & 24 licenses required

Knowledge, Skills and Abilities:

• Ability to act as a Deputy in absence of Chief Compliance Officer
• Excellent analytical skills
• Excellent organizational skills
• Strong verbal and writing skills
• Ability to work independently on assigned tasks as well as to accept direction as needed

 

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $100,000-$140,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

Our Benefits:

• Competitive pay and discretionary bonus
• Paid time off
• Health care benefits (medical, dental & vision)
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Hybrid work schedule
• Additional Programs include peer recognition, corporate matching gift

 

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.