1st Vice President, Compliance (OFS)

The 1st Vice President, Compliance for CIM is responsible for supporting the CCO of CIM and a CIM affiliate, OFS Management ("OFS"), in ensuring that OFS maintains a compliance program reasonably designed to comply with applicable federal, state and local laws, rules and regulations. The 1st VP, Compliance is responsible for the day-to-day management of the OFS compliance program, including oversight of a team of two compliance professionals. The 1st VP, Compliance assists the CCO of OFS-managed registered investment companies in maintaining their compliance programs, including their 38a-1 manuals and reports to the relevant boards, with the expectation that the 1st VP, Compliance assumes the role of CCO of at least one of the investment companies. The 1st VP, Compliance is also committed to the highest ethical standards and constant reinforcement of CIM's and OFS' uncompromising culture of compliance.

Responsibilities

Conducting compliance oversight of credit investment activities and providing guidance regarding applicable policies, procedures and laws, including the Investment Company Act of 1940 and the Investment Advisers Act of 1940; Directing and/or participating in regular risk assessments and testing of the activities and operations of OFS and its managed investment companies; Promulgating and administering compliance policies, including drafting new and updating existing policies and addressing associated staff inquiries; Reviewing Code of Ethics-related disclosures and pre-clearance requests; Providing compliance-related training for all levels of employees, appropriate to their respective roles and responsibilities; Reviewing marketing and advertising materials, including flipbooks and Due Diligence Questionnaires, to ensure compliance with applicable rules and regulations; Making required filings under the Investment Advisers Act and coordinating responses to regulatory exams and information requests; Assisting the CCO with quarterly and annual reporting to the boards of firm-managed registered investment companies; Supporting the CCO in managing all periodic and special regulatory examinations of OFS and registered investment companies; Managing the OFS Compliance team, including work assignment, performance expectations, performance feedback, training, performance coaching and guidance; Serving as team lead on inter-departmental compliance-related projects; Day-to-day management of the OFS compliance program, including oversight of a team of two compliance professionals; Assisting the CCO of OFS-managed registered investment companies in maintaining their compliance programs, including their 38a-1 manuals and reports to the relevant boards

Requirements

10+ years' experience as a compliance professional at an SEC-registered investment manager and/or staff member at the Securities and Exchange Commission; 3+ years' experience in investment company compliance; Credit investment (e.g., CLOs, BSLs, CMBS, direct lending) experience; Working knowledge of Investment Advisers Act of 1940 and Investment Company Act of 1940; Professional and effective communicator; Ability to read, analyze and interpret complex agreements; Adept at conflicts identification, assessment and resolution; Proficiency in policy development and drafting; Detail-oriented with the ability to multitask; Excellent organizational and project management skills

Nice to have

Trade compliance experience

Benefits

Competitive compensation plan; Bonus pay eligibility; Medical, dental, and vision benefit plans; Health Savings Account with a generous employer contribution; Company paid life and disability insurance; 401(k) savings plan with company match; Vacation days, 10 designated holidays, sick time, and bereavement leave; Up to 16 hours of volunteer time off; Up to 16 weeks of Paid Parental Leave; Ongoing professional development programs; Wellness program, including monthly and quarterly prizes