Compliance Officer

Green Century Capital Management Published: May 9, 2024
Location
Boston, MA
Skill Level
Senior Level
Job Type
Full-time
Categories
Finance / Program Management

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Description

Green Century Capital Management (Green Century) is the investment advisor of the Green Century Funds, one of the first families of fossil fuel free mutual funds in the U.S.

For over 30 years, Green Century has been the standard bearer of environmentally responsible investing. Green Century uses a three-pronged approach to deliver impact while seeking competitive returns.

Green Century:

  • Invests in companies aligned with environmental values. Instead of investing in environmentally dangerous industries such as coal, oil, gas and tobacco, Green Century Funds avoids these companies so that clients can match their ethics to their investments.
  • Leads an award-winning shareholder advocacy program. Our Green Century shareholder advocacy team directly presses global companies to improve their corporate sustainability practices.
  • Supports environmental and public health nonprofit organizations. Green Century is wholly owned by environmental and public health nonprofit organizations, and 100% of the profits we earn managing the Green Century Funds can be used to support their critical work.

Position Overview

Green Century is seeking a Compliance Officer to develop and enforce appropriate policies and procedures for Green Century Capital Management and the Green Century Funds pursuant to the “Compliance Rule” for investment advisers and mutual funds. The Compliance Officer is empowered with full responsibility and authority to develop and enforce compliance policies and procedures and is provided with the seniority and authority to compel others to adhere to the compliance policies and procedures. This position requires excellent judgment and discretion and the ability to oversee significant projects.

Key Responsibilities

  • Maintain, manage, and administer the compliance programs for the Green Century Funds and Green Century Capital Management. 
  • Oversee the Funds’ service providers and their own compliance officers. Become familiar with each of the Funds’ service providers’ operations and understand what aspects of those operations could expose the Funds to compliance risks. Maintain an active working relationship with each service provider’s compliance personnel. Conduct analysis of each service provider’s ability to perform its duties.
  • Assist in the due diligence processes regarding the compliance programs of any future investment advisers, sub-advisers, and service providers to the Funds. 
  • Monitor for newly proposed, amended and/or adopted SEC (Securities and Exchange Commission) and other regulatory agency regulations and legislation. Stay abreast of changes in the field affecting the Funds and/or Green Century Capital Management; coordinate with legal counsel and service providers to ensure compliance with laws and regulations relating to the Funds and/or Green Century Capital Management; oversee the drafting and proposal of new and updated compliance policies and procedures. 
  • Coordinate, supervise and support compliance-related programs, such as compliance training, compliance testing and reporting; and consult with and advise the Board and service providers affected by compliance issues and regulatory requirements. 
  • Join senior leadership to maintain a culture of compliance.
  • Help with providing quarterly and annual written and oral reports to the Green Century Funds Board of Trustees. Meet in executive session with the Funds’ Independent Trustees at least once annually.
  • Ensure maintenance of materials and records pursuant to the recordkeeping requirements of Rules 38a-1 and 206(4)-7.
  • Act as liaison with the business development team in the design, development, and implementation of compliance procedures across the Funds and Green Century Capital Management.

Qualifications

We seek applicants who possess a strong commitment to environmental issues and environmentally responsible businesses. We are looking for someone with at least 7 years of mutual fund experience, at least 5 years of compliance experience, and a thorough understanding of:

  • Rule 38a-1 under the Investment Company Act of 1940 and Rule 206(4)-7 under the Investment Advisers Act of 1940.
  • Concepts, practices, and procedures of compliance programs for an investment adviser and a mutual fund family.
  • Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state and other securities regulatory agencies.
  • Fundamental investment concepts, practices and procedures used in the securities industry.
Qualified applicants also can:

  • Maintain currency in securities industry rules and regulations and best practices in compliance.
  • Interpret and apply securities and other regulatory agency regulations and identify and recommend policy and procedural changes as appropriate.
  • Attend to detail while maintaining a big picture orientation.
  • Maintain confidentiality, show excellent judgement and discretion.
  • Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment.
  • Use appropriate interpersonal styles and communicate effectively, both orally and writing.
  • Work independently as well as collaboratively within a team environment and manage significant projects.
  • Establish and maintain effective working relationships at all levels of the organization.

Benefits

Compensation and Benefits:

Target annual compensation for this position is set on a nonprofit scale and is commensurate with the relevant professional experience and/or advanced degrees of the successful candidate. Green Century Capital Management offers a competitive benefits package.

Location: 
Boston, Massachusetts. We are currently working in the office three days a week.
 
Green Century Capital Management is a part of The Public Interest Network, which operates and supports organizations committed to a shared vision of a better world and a strategic approach to social change. Visit https://publicinterestnetwork.org/core-values/ for things you should know about our network when you apply.

Green Century Capital Management is an equal opportunity employer.

We take COVID-19 safety very seriously. Employees must follow our COVID safety protocols and be fully vaccinated and boosted. Accommodation is provided to the extent required by law.

When you apply for this position, please say you saw this job on Green Dream Jobs!!

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