Regulatory & Compliance Attorney at Marquette Associates

Chicago, Illinois, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Investment Consulting, Financial ServicesIndustries

Requirements

Bachelor’s Degree and a Juris Doctorate degree from an accredited school of law
7+ years of legal or compliance experience in the investment or financial services industry
Broad knowledge of securities laws including the Investment Advisers Act of 1940 and the Employee Retirement Income Security Act of 1974 (ERISA)
Excellent problem-solving and organizational skills
Exceptional written and verbal communication skills that enable messages and decisions to be articulated confidently, effectively, and diplomatically
Proficient in Microsoft Office Suite and strong Excel and AI skills

Responsibilities

Stay up-to-date with regulatory changes and industry developments to guide the organization through evolving legal landscapes
Partner with Marquette’s third-party compliance firm to develop, implement, and maintain comprehensive compliance programs across all areas of the firm
Ensure that policies and procedures are designed to mitigate risk, prevent non-compliance, and promote a culture of ethics and integrity throughout the organization
Oversee the preparation of internal and external compliance reports to regulators, senior management, and stakeholders
Provide timely and accurate updates on compliance issues, emerging risks, and industry trends to the CCO
Develop and deliver ongoing training programs to employees across all levels to enhance their understanding of compliance obligations, ethical behavior, and regulatory requirements
Foster a culture of compliance through proactive education and communication
Conduct regular audits to identify potential weaknesses and noncompliance situations
Ensure adherence to investment processes and compliance manuals
Provide legal review and advice to the firm on a variety of topics related to investment consulting business, including investment advisory agreements
Review and assist with the negotiation of fund and other product documentation, including LPAs, PPMs, investment management agreements, and third-party service provider agreements
Provide legal advice in connection with marketing materials, RFPs and all other marketing efforts of the business

Skills

Key technologies and capabilities for this role

Regulatory ComplianceLegal ReviewCompliance ProgramsRisk MitigationPolicy DevelopmentSEC RegulationsFINRACompliance ReportingEthics TrainingThird-Party Vendor Management

Questions & Answers

Common questions about this position

What is the employment type for this position?

This is a full-time position.

What salary or compensation is offered for the Regulatory & Compliance Attorney role?

This information is not specified in the job description.

What are the minimum educational qualifications for this role?

Candidates must have a Bachelor’s Degree and a Juris Doctorate degree from an accredited institution.

What does the company emphasize in its culture and approach?

Marquette emphasizes client service, acting as trusted fiduciaries with clients’ interests at the center, and fostering a culture of compliance, ethics, integrity, creativity, and critical thinking.

What experience makes a candidate strong for this position?

Strong candidates will have a JD and bachelor's degree, with expertise in regulatory compliance for investment consulting, legal review of agreements like LPAs and PPMs, and ability to stay current on industry regulations while developing training and audit programs.

Marquette Associates

Investment consulting for institutional clients

About Marquette Associates

Marquette Associates provides investment consulting and advisory services primarily for institutional clients, such as pension plans, endowments, and foundations. The firm develops personalized investment strategies and manages portfolios by conducting in-depth research and analysis to help clients understand and navigate complex financial situations, including potential economic downturns. Unlike many competitors, Marquette focuses on building long-term relationships with clients, emphasizing fiduciary responsibility and high client retention rates. The company's goal is to be a trusted partner in investment management, delivering tailored solutions that meet the specific needs of each client.

Chicago, IllinoisHeadquarters

1986Year Founded

VENTURE_UNKNOWNCompany Stage

Fintech, Financial ServicesIndustries

51-200Employees

Benefits

Health Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

401(k) Company Match

Hybrid Work Options

Unlimited Paid Time Off

Paid Holidays

Wellness Program

Tuition Reimbursement

Company Equity

Risks

Robo-advisors offering low-cost services threaten Marquette's market share.

Fee compression in the industry pressures Marquette's revenue model based on assets advised.

Regulatory changes in fiduciary standards could impact Marquette's operations and compliance.

Differentiation

Marquette offers personalized investment strategies tailored to institutional clients' unique needs.

The firm conducts thorough research to navigate complex financial landscapes for clients.

Marquette aligns its revenue model with client success, earning fees based on assets advised.

Upsides

Growing demand for ESG investing aligns with Marquette's personalized strategy approach.

Interest in alternative investments offers Marquette opportunities for client portfolio diversification.

Advancements in AI enhance Marquette's ability to provide accurate investment predictions.

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