Compliance Associate

Domini Impact Investments LLC is currently seeking a Compliance Associate to join our team in New York, New York.

Who we are:

We believe the investments we make today will shape the world we live in tomorrow. We manage the Domini family of mutual funds to help build a better future for the planet and its people and grow a community of investors working to address a wide range of social and environmental issues.
Domini Impact Investments LLC is a women-led SEC registered investment adviser specializing exclusively in impact investing. We serve individual and institutional investors who wish to create positive social and environmental outcomes while seeking competitive financial returns. We apply social, environmental, and governance standards to all our investments, believing they help identify opportunities to provide strong financial rewards to our fund shareholders while also helping to create a more just and sustainable economic system.
With $2 billion in assets under management, Domini has a large, global brand presence in a small firm environment. We provide a mission-driven career with an opportunity for rapid advancement. Our nimble atmosphere allows for employees to learn and master a wide array of industry knowledge and skills, work closely and collaborate with the most senior leaders in the firm, and welcomes fresh perspectives and ideas.
Domini is proud to be an Equal Employment Opportunity employer that celebrates diversity and does not discriminate based on race, religion, color, national origin, sex, sexual orientation, gender identity, age, veteran status, disability status, or any other applicable characteristics protected by law.

About the role:

The Compliance Associate is a member of a multi-focused team responsible for optimizing compliance responsibilities within our organization and is a professional member of the Domini Compliance Department. You will be responsible for assisting Domini’s Senior Compliance Officer and Chief Compliance Officer in performing the necessary tasks that support the compliance programs of Domini and the Domini funds. Tasks include testing, analysis, and surveillance, all of which are part of the Compliance Department’s responsibilities under the SEC’s Investment Advisers Act Rule 206(4)-7 and Investment Company Act Rule 38a-1.
Life in a small firm requires a willingness to take on any task that needs completion to insure firm and project success. This requires a passion for engaging in new challenges and roles, as well as, serving basic duties, often so crucial to achieving strong results and superior best-in-class branding.

What you will do:

Assist the Senior Compliance Officer and Chief Compliance Officer with the administration of the Firm’s compliance infrastructure and oversight program to support the firms’ investment management activities pursuant to Rule 206(4)-7 and investment company compliance program pursuant to Rule 38a-1.
Investment Adviser/Investment Company testing and forensic analysis, including:
- Daily testing: NAV review and analysis, purchase and sales testing, suspicious activity monitoring, fair value backtest reports, verifying new portfolio trades against approved and restricted lists.
- Monthly testing: best execution, monthly holdings check, monthly holdings reconciliations with Funds’ custodian, research testing.
- Quarterly testing: valuation, proxy voting, suspicious activity monitoring, political contributions, quarterly portfolio rebalances, research profiles.
Assist Senior Compliance Officer and Chief Compliance Officer with documentation and testing required for annual compliance review.
Preparation of training material packages and certifications for annual and other periodic staff training, as well as new hires
Prepare fund performance calculations and create performance summaries and compare to internal and third-party service provider documentation.
Review monthly and quarterly updates to website to back-up documentation for accuracy.
Assist with compliance review of client RFP’s, RFI’s, and due diligence questionnaires.
Assist with compliance review of funds’ sales decks.
Assist with review of SEC filings, including N-PORT and N-CSR.
Keep current on developments in the IA/IC regulatory space, as applicable.
Conduct email reviews of assigned Firm employees.
Other special projects that may arise.

Our ideal candidate:

Education and Experience

Bachelor’s Degree in related fields (accounting, finance, business, etc.)
Prior related work experience and/or internships are a plus

Skills and Abilities

Ability to contribute productively while working within a fast-paced environment
Strong organizational skills, attention to detail and ability to execute tasks in a timely manner
Strong analytical skills
At certain times, ability to work with little to no micromanagement
Ability to think creatively and use logic to find potential compliance exceptions and issues, as well as testing efficiencies.
Independent problem solver with excellent communication skills (written and verbal)

What we offer:

The base pay scale for this role is between $60,000 and $70,000. Salary is based on factors such as experience, skills, etc.
Paid time off package
Employer-paid medical benefits for employee
Employer-paid dental benefits
Employer-paid life insurance
401(k) with employer matching program
Omni-channel work environment including both office and remote work

Contact Information:

Resume and cover letter, including salary requirements must be submitted to be considered for this position. Please note that any applicants that do not include salary requirements will not be considered. Please forward your resume and cover letter to: careers@domini.com