VP, Chief Compliance Officer

Job Title: Vice President, Chief Compliance Officer

Reports to (title): Senior Vice President, Head of Legal & Compliance

Job Description:

Alger seeks a highly motivated, experienced, and organized individual to serve as Vice President, Chief Compliance Officer (“CCO”) to report to the Senior Vice President, Head of Legal & Compliance. This role will provide leadership and hands-on oversight of the firm’s compliance program.

The CCO is responsible for developing, implementing, and administering the compliance program of three SEC-registered investment advisers in accordance with the Investment Advisers Act of 1940 and related rules. The CCO serves as the firm’s primary compliance and regulatory liaison, providing strategic and practical guidance to senior management, investment professionals, and operations teams to ensure a culture of compliance and ethical conduct.
Primary responsibilities include monitoring trading activity, supervising compliance staff, and partnering closely with investment, trading, operations, marketing and client service teams.

The CCO will have full responsibility and authority to design, enforce, and periodically review policies and procedures reasonably designed to prevent violations of applicable federal securities laws.

Duties & Responsibilities:

Compliance Leadership & Oversight

• Serve as a key compliance leader, advising the SVP, Head of Legal & Compliance and senior management on compliance, regulatory, and supervisory matters
• Design, implement, and maintain the firm’s comprehensive compliance program pursuant to Rule 206(4)-7 under the Advisers Act
• Conduct and document the annual compliance review, including risk assessments and remediation plans
• Review and approve marketing materials and investor communications for regulatory compliance

Policies, Procedures & Risk Management

• Lead the development, drafting, implementation, and maintenance of compliance policies and procedures designed to prevent violations of federal securities laws and mitigate compliance and operational risks
• Regularly review business practices against established policies and procedures and recommend enhancements
• Administer and provide reporting on the Code of Ethics, including personal trade pre-clearance and monitoring

Trading & Investment Compliance

• Partner with portfolio managers, traders, and client service teams on client investment guidelines, trading alerts, and related compliance matters
• Conduct client guideline reviews and oversee compliance rule coding within compliance systems
• Review and analyze trading and operational reports; perform forensic testing as needed
• Oversee and manage the compliance system monitoring the firm’s trading activity, including escalation and resolution of issues
• Provide compliance guidance related to portfolio management, trading, valuation, conflicts of interest, and best execution

Regulatory Governance & Examinations

• Serve as the primary point of contact for the SEC, state regulators, and other regulatory authorities
• Manage SEC examinations, deficiency responses, and remediation efforts
• Manage the identification, communication, and implementation of regulatory changes and assess their impact on Alger’s business
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Training & Culture

• Develop and deliver compliance training for employees, including onboarding and annual training
• Foster a strong culture of compliance, ethics, and accountability across the organization
• Serve as a trusted advisor to senior leadership on regulatory and ethical matters

Supervision & Management

• Supervise, manage, and mentor junior Compliance Officers, including workload management, performance feedback, and professional development
• Review work product of junior staff to ensure accuracy, consistency, and regulatory adherence
• Delegate and oversee compliance testing, monitoring, and reporting activities

Qualifications:

• Bachelor’s degree required; JD strongly preferred
• Cumulative GPA of 3.0 or above required in a 4.0 scale
• Minimum of 10+ years of compliance experience with an SEC-registered investment adviser or regulator
• Strong working knowledge of the Investment Company Act of 1940, Investment Advisers Act of 1940, and applicable SEC and FINRA rules and regulations
• Strong judgment, independence, and ability to operate with appropriate authority

Skills:

• Proficiency in Microsoft Office products
• Strong leadership and team-management skills with a collaborative approach
• Excellent written and verbal communication skills
• Ability to translate regulatory requirements into practical business solutions
• Strong organizational skills and attention to detail
• Ability to manage multiple priorities and deadlines
• High degree of integrity, discretion, and professionalism
• Advanced experience coding, operating, and overseeing compliance systems used to monitor investment guidelines and restrictions (specifically, Charles River)
• Strong proficiency in Microsoft Office, particularly Excel

Salary Expectations: $225,000-$250,000 base salary plus discretionary bonus based on individual and firm performance

Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position.  Incumbents will follow any other instructions, and perform any other related duties, as may be required.  The employer has the right to revise this job description at any time.  This job description is not to be construed as a contract for employment.