Five to 10 years of experience within an asset management environment (ideally with a compliance focus) are required to work in top-level compliance positions. Some employers also seek executive-level candidates with regulatory experience at the Securities & Exchange Commission, Financial Industry Regulatory Authority, or other regulatory bodies. Analysts need previous experience (work, internship, co-op).
To be a successful compliance professional, you will need excellent writing, analytical, and oral communication skills; a strong work ethic; great attention to detail; the ability to work both independently and as a member of a team; integrity; professionalism; decisiveness; and strong organizational and project management skills. You also need a comprehensive understanding of best practices in compliance and in developing and implementing compliance policies and processes and detailed knowledge of federal securities laws (e.g., Investment Advisers Act of 1940, Securities Act of 1933, and the Securities Exchange Act of 1934) and recent legislation (e.g., Dodd-Frank, etc.) that affects the private equity industry.
- Investment Underwriters
- Private Equity Accountants and Auditors
- Private Equity Business Development Directors
- Private Equity Chief Dealmakers
- Private Equity Financial Managers
- Private Equity Investor Relations Specialists
- Private Equity Lawyers
- Private Equity Marketing Specialists
- Private Equity Research Analysts and Associates
- Private Equity Risk Managers