Associate Compliance Officer

Position Summary

The Associate Compliance Officer provides support to the Compliance Department in the administration of compliance functions for Chevy Chase Trust & ASB Capital Management. This position requires a high degree of self-initiative, critical thinking ability, written and verbal communication skills, and ownership of the results.

The Associate Compliance Officer demonstrates an ability to develop competencies and knowledge regarding the compliance systems and associated legal requirements, specifically the Investment Advisers Act and fiduciary laws and regulations for trust companies. The Associate Compliance Officer applies this knowledge to the operations and systems of Chevy Chase Trust and ASB Capital Management.

Company Core Values

• Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
• Results: Consistently going above and beyond to deliver exceptional results and value for the team and the organization.
• Ethics/Integrity: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.
• Teamwork: Demonstrates a commitment to collaboration, mutual respect, and shared responsibility in achieving common goals.

Duties & Responsibilities of the Associate Compliance Officer

The Associate Compliance Officer supports the Compliance Department in its oversight of each firm's corporate compliance program.

Specifically, the Associate Compliance Officer is primarily responsible for:

• Day-to-day administration of pre-clearances under the firm's Code of Ethics.
• Day-to-day administration of the firm's investment guidelines monitoring systems.
• Performance of periodic and ad hoc testing.
• Implementing and monitoring policies and procedures for each firm's compliance with securities and fiduciary laws and regulations. This includes conducting follow-up with the other staff to ensure compliance with the firm's policies and participating in the daily administration of compliance throughout the firm. These duties also include day-to-day monitoring activities for each firm's equity, fixed income, and real estate investment management functions as well as oversight of various trust services, anti-money laundering procedures, privacy and cybersecurity monitoring, and ERISA compliance.
• Assisting in the delivery of responses to regulatory exams and external and internal audits.
• Assisting in the annual compliance program review for each firm.
• Assisting with regulatory filings for each firm.
• Assisting with the facilitation of continuing education, a requirement to be fulfilled by the individual investment adviser representatives of each firm.
• Assisting with the production of meeting materials and reporting to various Committees of each firm.
• Monitoring and, as necessary, coordinating compliance activities of various departments to remain abreast of compliance matters and identify trends.
• Identifying potential areas of compliance vulnerability and risk.
• Serving as backup for cash and security guideline administration in the trade order management system.

Additional information

Job Requirements (Skills / Abilities) / Experience / Education / Licenses / Certifications of the Associate Compliance Officer:

• 1-3 three years of work experience where the required skills were employed.
• Familiarity with MS Outlook, Word, and Excel.
• Familiarity with either Charles River Development or Bloomberg Compliance Manager is a plus.
• BA or BS degree required degree required, focusing on Accounting, Finance, or Business.
• Expected to complete relevant industry training.
• Excellent interpersonal skills
• Good analytical skills and judgment
• Strong oral and written communication skills
• Strong personal computer and troubleshooting skills
• Detail oriented with excellent organizational skills
• Exceptional time management skills; able to prioritize multiple demands/projects and meet deadlines
• Self-motivated
• Able to learn at a fast pace

Pay and benefits

The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of Chevy Chase Trust's total compensation package, which also includes eligibility for discretionary incentive compensation, healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.

Summary of Competitive Benefits & Perks

• Health/Medical Insurance including Dental and Vision
• 401(k) with company match
• Paid time off

Bonus/Target Incentive

• Tuition Reimbursement
• Complimentary usage of modern in-house fitness center
• On-premise full-service dining center discounts
• Discounts via the company’s EAP
• Pre-tax transportation options

• If you are a candidate in need of assistance or an accommodation in the application process, please contact or.
• Equal Opportunity Employer/Veterans/Disabled