Chief Compliance Officer

Firm Overview

 

Morgan Creek Capital Management, LLC (MCCM) is a registered investment adviser with approximately $10.0 billion under management located in Chapel Hill, North Carolina.  Mark Yusko, former Chief Investment Officer of the University of North Carolina at Chapel Hill’s $1.2 billion endowment, and a team of experienced investment professionals formed MCCM in July of 2004.

 

MCCM provides asset allocation, manager selection, and portfolio construction advisory services for high net worth families and select institutional investors.  In addition, MCCM manages discretionary investment vehicles, several of which are joint ventures with Julian Robertson, former CIO of Tiger Management Co., and are branded under the Tiger Select name.  MCCM does not invest directly in securities but, rather, relies on specialist managers it hires for security selection decisions.

 

Position Overview

 

The Chief Compliance Officer is responsible for implementing, managing and testing MCCM’s compliance policies and procedures.  This position has direct access to MCCM’s Managing Members for the purpose of advising and making recommendations to the Managing Members regarding compliance issues as they arise in accordance with various regulations applicable to MCCM’s business.  The ideal candidate will be able to communicate across various departments, should be highly organized, and be able to work independently on projects. 

 

Compensation consists of a base salary and annual bonus based on the success of the firm and the candidate’s contribution to that success.

 

Responsibilities

 

§ Develop, maintain and monitor compliance program for an SEC registered investment adviser.

§ Maintain a current working knowledge of federal and state securities statutes, regulations, laws, and policies, with specific emphasis on the Investment Advisers Act of 1940 and the Investment Company Act of 1940.  Liaise with internal and external legal counsel on such issues.

§ Maintain records with regard to regulatory filings with the Securities and Exchange Commission, foreign and other regulatory agencies, including filing of Form ADV and Blue Sky filings with state regulators.  Ensure filings are made in a timely manner.

§ Develop, maintain and monitor Compliance Manual and related policies and procedures and provide ongoing training across the organization to ensure understanding and consistency of practices.

§ Functioning as key company representative/liaison in correspondence with the SEC and state regulators.

§ Conduct an Annual Review of all compliance policies and procedures.

§ Supervise the maintenance of books and records in both paper form and electronic media as required by applicable law.

§ Supervise and maintain MCCM’s Code of Ethics.

§ Perform routine internal audits and forensic testing to ensure adherence with applicable laws and regulations.

§ Coordinate and provide education and training across the organization to ensure employees’ knowledge and understanding of actual, proposed or pending legislation and regulation.  Provide ongoing information and educational support to all employees regarding compliance matters.

§ Review marketing, advertising, client presentation materials, and Requests for Proposals and Information to ensure compliance with relevant regulations.

§ Ensure firm is in compliance with all AML policies and procedures.

 

Qualifications

 

§ 5 years working in compliance area for a registered investment adviser

§ Bachelor’s degree required; J.D. preferred

§ Ability to work under pressure and meet deadlines

§ Excellent verbal and written communication skills

 

Contact

 

Please send resume to wwatts@morgancreekcap.com .  Also please visit www.morgancreekcap.com.