Deputy Chief Compliance Officer - Investment AdvisorBOSTON, MAGeneral Summary and Purpose:The Deputy Chief Compliance Officer serves as a senior leader within the Compliance function of a U.S.-based asset management firm. Reporting directly to the Chief Compliance Officer (CCO) of the registered investment advisor, this individual plays a critical role in maintaining the integrity of the firm's compliance program - overseeing regulatory adherence, managing risk, and fostering a culture of ethical conduct across investment, operational, and client-facing teams.
You will report to the Head of Compliance.
You Will:- Assist the CCO of the registered investment advisor and the CCO of the mutual funds in designing, implementing, and administering the firm's Rule 206(4)-7 and Rule 38a-1 compliance programs, including maintaining and updating policies and procedures designed to prevent violations of the federal securities laws.
- Oversee the preparation and presentation of compliance reports, including annual program reviews, material compliance matter disclosures, and ad hoc updates.
- Partner with external counsel, fund administrator, transfer agent and custodian to support fund activities.
- Implement and oversee pre- and post-trade compliance monitoring for portfolios, ensuring adherence to investment restrictions, concentration limits, liquidity requirements, and applicable regulatory guidelines.
- Coordinate compliance review of regulatory filings, including Form ADV, Form N-CEN, Form N-PORT, Form N-PX, and prospectus/SAI updates, in collaboration with legal and fund operations teams.
- Monitor evolving regulatory requirements and ensure firm policies, procedures, and controls remain current and effective.
- Identify, assess, and mitigate compliance risks across investment management, trading, marketing, and distribution activities.
- Lead periodic compliance testing, surveillance, and monitoring activities; escalate material findings to the CCO and senior management as appropriate.
- Develop and deliver compliance training programs to promote awareness and a strong culture of compliance firm-wide.
- Coordinate responses to SEC examinations, regulatory inquiries, and internal/external audits.
- Manage and mentor compliance staff, supporting professional development and operational excellence within the team.
You Have:- 10+ years of compliance experience within the asset management or investment advisory industry. Prior leadership experience preferred.
- Bachelor's degree required. J.D., MBA, or advanced degree in a related field strongly preferred.
- Deep understanding of the Investment Advisers Act of 1940, Investment Company Act of 1940, and relevant SEC rules, including Rule 206(4)-7, Rule 38a-1, Rule 22e-4, Rule 18f-4, and related guidance.
- Strong analytical, written, and verbal communication skills and ability to navigate complex regulatory landscapes and advise senior stakeholders with clarity and confidence.
Our Benefits:Victory Capital Management offers excellent Medical, Dental, Vision plans, Flexible PTO, Family Medical and Disability Leaves, Education Tuition Reimbursement and a 401k plan with a generous employer match.
Target Compensation:The target base salary range for this position is $170,000 - $200,000.
Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant's skills and prior relevant experience, certain degrees, and certifications.
Victory Capital Management operates a pay-for-performance compensation philosophy and total compensation may vary based on role, location, department and individual performance.
Victory Capital Management's total compensation package includes the opportunity for annual compensation bonuses and/or commissions and a generous benefits package.
