Reporting to the Chief Compliance Officer, the Senior Director, Compliance is the compliance partner to multiple business units and is responsible for ensuring that ProShares compliance programs appropriately address the regulatory risks relative to the firm’s business activities. As a Compliance leader, working within the Compliance function, the incumbent will be actively engaged with multiple businesses to provide compliance advice, monitoring and oversight of effective programs.
Actively engage with the CCO to develop and implement compliance policies and procedures
Act as Compliance Officer in the absence of the Chief Compliance Officer.
Assist in directing Compliance function throughout the organization
Proactively identify, manage and resolve compliance issues and determine the effectiveness of compliance controls
Manage key compliance service relationships and interact on behalf of the company with regulatory agencies, SROs and service providers. Benchmark policies against industry best practices
Act as internal and external subject matter expert on compliance matters for registered investment advisers, ETFs, mutual funds, CPOs and CTAs. Oversee compliance activities of, and manage relationships with, services providers
Administer a risk based compliance testing program
Monitor and interpret new regulatory requirements and related policies and procedures. Map compliance procedures to current regulatory and prospectus requirements
Provide counsel and training to sales, marketing, strategy, and portfolio management staff
Review prospectuses, applications, and advertising materials. Ensure potential conflict of interest are appropriately managed and disclosed.
Other duties as assigned
Education and Experience:
BS or BA required, law degree strongly preferred
Minimum 15 years of experience supporting the compliance/risk programs for SEC-registered investment companies and/or broker-dealers
10+ years experience working with SEC, FINRA, CFTC and other securities agencies
10+ years experience writing and implementing policies and procedures
10+ years experience conducting audits
Strong knowledge of the Investment Company Act of 1940, the Investment Advisers Act of 1940 and related regulations
Familiarity with broker-dealer
Series 63, 7, & 24 licenses required
Knowledge, Skills and Abilities:
Ability to act as a Deputy in absence of Chief Compliance Officer
Excellent analytical skills
Excellent organizational skills
Strong verbal and writing skills
Ability to work independently on assigned tasks as well as to accept direction as needed
 These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $37 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.