Stormfield Capital is an institutional private credit manager focused on the origination and acquisition of short-dated private mortgages. An SEC-registered investment advisor, Stormfield manages a portfolio of funds and separately managed vehicles with committed capital of over $650 million.
The Compliance Associate role is a full-time position reporting to the CCO. The role involves supporting the COO in ensuring the firm's adherence to regulatory requirements, internal policies, and industry best practices. Responsibilities include monitoring, testing, reporting, and administrative tasks to maintain compliance with applicable laws and regulations, particularly those set by the Securities and Exchange Commission (SEC), the Cayman Islands Monetary Authority (CIMA), and other governing bodies.
Job Duties:
1. Regulatory Compliance Support
1. Assist in maintaining and updating the firm’s compliance procedures and policies.
2. Monitor adherence to the firm’s Code of Ethics and Compliance Policies, including personal trading, brokerage account openings, political contributions, and gift reporting.
3. Support the preparation, filing, and maintenance of regulatory filings such as Form ADV, Form D, and Blue Sky filings.
2. Testing and Reviews
1. Assist in preparing documentation and reports for testing, reviews, or regulatory examinations.
2. Conduct periodic and ad-hoc reviews of compliance policies and procedures, drafting findings and recommendations.
3. Recordkeeping
1. Ensure compliance with record retention policies and the Books and Records Rule.
2. Maintain organized and secure compliance records, including client files, contracts, and regulatory documents.
3. Review and record new limited partner subscription, redemption, and transfer documentation.
4. Training and Communication
1. Assist in new hire and annual compliance training.
2. Serve as a point of contact for compliance-related queries from employees and limited partners.
5. Other duties
1. Support the COO in special projects.
2. Assist in responding to limited partner due diligence requests related to compliance functions.
Qualifications:
* Bachelor’s degree with 2 to 6 years of experience at an SEC-regulated Registered Investment Advisor managing private funds as defined under the “1940 Act,” or advising managers of private funds through an independent compliance consultancy.
* Excellent communication skills for professional inquiry resolution.
* Proficiency with Microsoft Excel.
* Ability to work independently, take initiative, and possess excellent organization and prioritization skills.
* Must be able to work in-office in Southport, Connecticut.
This position offers a pathway to Deputy COO and/or COO for high performers.
Salary and Benefits:
* Compensation commensurate with experience.
* Medical, Dental, and Vision Insurance.
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