Director, Code of Ethics Compliance

Virtus is dedicated to the success of employees and helping everyone on our team achieve their goals.

We are a dynamic, fast-growing organization with the resources of a large firm and the innovative environment of an entrepreneurial company that promotes collaboration and employee engagement. Every member of our team is empowered to make a tangible impact in offering clients high-quality investment strategies to meet their financial needs and delivering value for our shareholders.

We are an organization where employees can thrive personally and professionally. Professional development opportunities help employees enhance their skills and grow in their careers. Meaningful financial rewards and a comprehensive package of benefits support employees at every stage of life and encourage work-life balance, and physical, emotional and mental well-being.

We believe in the value of a diverse, inclusive, and respectful work environment and are committed to making a positive impact in the communities where we live and work.

Job Description

This position leads the team responsible for all matters related to the implementation of the Virtus Code of Conduct and Adviser Code of Ethics, as well as the Gifts, Entertainment and Inducements, Outside Activities, Political and PAC Contributions, and other related policies and procedures (collectively, the “Policies”). The role involves managing the administration team, contributing to policy administration, recommending policy enhancements, and overseeing the design, implementation, and monitoring of compliance protocols. Additionally, the position manages special projects, including system implementations and upgrades of the STARCompliance system, and the integration of new investment managers.

Primary Job Responsibilities:

• Manages compliance staff responsible for administering the Policies and contributes individually as needed. Interprets, advises, administers, and monitors the Policies; conducts inquiries and reviews, and maintains supporting files. Reviews and analyzes personal employee trading and exception reports to identify violations, warnings, or patterns. Demonstrates thorough knowledge of applicable regulations in interpreting fact patterns and identifying potential violations. Administers employee reporting processes, including analysis, follow-up, and compilation of results.
• Ensures that the Policies are designed to prevent and identify violations of securities laws and are fully implemented and operating effectively. Ensures that forensic testing protocols are functioning properly in compliance monitoring systems and manual calculations as required. Ensure that data feeds and reports to/from the STARCompliance system are complete and accurate.
• Ensures a robust system of internal controls, including data completeness and accuracy, audit trails, protection of sensitive employee information, and documentation of procedures related to Policy administration.
• Lead subject matter expert in administering the Policies, demonstrating expertise in regulations and industry developments related to the Policies. Propose necessary Policy amendments and system enhancements.

Ideal Qualifications

• Bachelor’s degree, preferably with business focus in accounting/finance.  FINRA Series 7 or 24, a plus.
• Minimum of 5-10 years of progressive experience at investment advisory firms.
• Must have experience with the design and administration of advisers, mutual fund and broker-dealer codes of ethics, personal trading, and related policies, as well as working knowledge of the Investment Advisers Act of 1940 and Investment Company Act of 1940.
• 3-5 years of previous experience managing people.
• Strong communication skills, both written and verbal, are critical as this role requires enterprise-wide visibility.
• Intermediate knowledge of MS Excel, MS Word and managing large amounts of numeric data.
• Expertise in employee compliance systems, including STARCompliance, is strongly preferred. Experience in portfolio guidelines systems (Charles River, Bloomberg, BNY DRAS, etc.) a plus.
• Strong analytical, problem-solving skills, comfortable analyzing large volumes of data, and attention to detail.
• Ability to influence others to successfully implement compliance initiatives.
• Ability to prioritize multiple tasks and work under pressure while maintaining attention to detail and collaborate with fellow team members to achieve objectives within the project timeline.

The salary range for this position is $113,000 to $138,000.

The starting salary offer will vary based on the applicant’s education, experience, skills, abilities, geographic location, internal equity, and alignment