Job Description

Company : Leverage Companies

Reports to: Chief Executive Officer

Location: Newark, New Jersey

Job Description:

The Director of Compliance will be responsible for developing, implementing, and managing the firm’s compliance framework to ensure adherence to all applicable regulatory requirements, with a specific focus on private lending practices. This role requires deep expertise in regulatory compliance related to private equity, real estate, and private lending operations. The ideal candidate will have a proven track record in navigating complex compliance landscapes, maintaining robust policies and procedures, and fostering a culture of compliance across the organization.

Key Responsibilities:

Regulatory Oversight:

• Monitor and ensure compliance with all applicable federal, state, and local laws and regulations related to private lending, real estate transactions, and fund management.
• Stay updated on regulatory changes, including SEC, FINRA, and CFPB regulations, and communicate their implications to key stakeholders.

Policy Development and Implementation:

• Design, implement, and maintain comprehensive compliance policies and procedures tailored to private equity and direct lending operations.
• Establish best practices to mitigate risks in underwriting, fund management, and loan origination activities.

Internal Controls and Monitoring:

• Oversee internal audits to assess adherence to compliance policies and identify areas for improvement.
• Develop and maintain reporting systems to track compliance metrics and provide regular updates to executive leadership.

Training and Education:

• Lead compliance training programs for employees to ensure awareness of and adherence to regulatory requirements and internal policies.
• Serve as a trusted advisor to the management team, providing guidance on compliance-related matters.

Risk Management:

• Conduct risk assessments to identify vulnerabilities in private lending practices and recommend corrective actions.
• Collaborate with legal counsel, fund administrators, and third-party consultants to ensure regulatory compliance.

Fund Management Compliance:

• Ensure the fund's documentation, marketing materials, and investor communications comply with applicable laws and regulations.
• Oversee KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures for fund operations.

Qualifications:

• Bachelor’s degree in finance, law, business administration, or a related field. A Juris Doctor (JD) or Master’s degree in compliance or finance is a plus.
• 8+ years of experience in compliance, with a strong focus on private lending, real estate, or private equity.
• Comprehensive knowledge of regulations affecting private lenders and funds, including SEC, Dodd-Frank, and applicable state lending laws.
• Experience managing compliance frameworks for direct lending funds, including underwriting and fund reporting processes.
• Strong leadership skills with the ability to influence and build consensus across various stakeholders.
• Excellent analytical, communication, and problem-solving skills.

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