Compliance Examiner

POSITION SPECIFICATIONS:

* Bachelor's degree or equivalent comparable business experience, including experience in financial services organizations in compliance, fund accounting, legal, audit or similar environment

* Minimum 2 years of business experience required; advanced degree (e.g. MBA or JD) may be accepted in lieu of experience; FINRA licenses (e.g. FINRA SIE, S7TO, S24, S66) may be accepted in lieu of experience

* Basic understanding of mutual fund and investment advisor process/regulations required

* Proficiency with Windows/PC operating system and Microsoft Word and Excel

Develop, implement and perform periodic compliance monitoring and testing of the policies and procedures governing investment advisory and investment portfolio management and/or sales, distribution and service activities, and report findings and deficiencies to Compliance Officers.

MAJOR DUTIES:

* Portfolio investments for adherence to the stated investment objectives and policies and to regulatory standards (e.g., diversification, cash balances, valuation policies and procedures)

* Investigate, resolve and report on compliance exceptions

* Identify and draft automated portfolio restrictions for trade order management systems

* Borrowing policies and procedures (bank line of credit and interfund lending)

* Advisory policies and procedures (trade errors, trade allocation, AIMR performance standards)

* Monitor foreign accounts and offshore funds for compliance with investment restrictions and UCITs rules

* Assist in monitoring compliance with Federated Hermes' Code of Ethics for Access Persons

* Compliance with Anti-Money Laundering policies and procedures and rules and regulations

* Privacy and data protection policies and procedures; information security and identity theft prevention

* Customer complaint reporting

* Compliance with firm level FINRA rules

* Monitor foreign accounts and offshore funds for compliance with distribution practices regarding registration status

* Perform verifications of private fund investors' status as an accredited investor and/or qualified purchaser, pursuant to Regulation D and Federated Hermes policy

* Prepare draft reports for submission to senior management and/or the board of directors

* Interact with members of executive management and other business unit senior managers to present findings, resolve issues and make recommendations for changes to effect compliance

* Conduct research in connection with federal and state laws and regulations

* Assist in regulatory inspections and perform operational reviews and special compliance reviews of designated business functions

* Maintain professional competence through a review of current regulatory and mutual fund industry literature and by attendance of relevant seminars, conferences, and training sessions

* Provide guidance, assistance and training, as necessary to other business units and Compliance Department staff

HOURS/

LOCATION:

* 8:00 a.m.

- 5:00 p.m. (overtime as required)

* Location - Pittsburgh, PA (hybrid)

EXPLORATORY COMMENTS:

* Demonstrated analytical skills, time management skills and organizational skills; able to work independently and prioritize work effectively

* Must be process-oriented; have a commitment to a high-quality work product; and high level of attention to detail

* Excellent oral and written communication skills to communicate effectively with internal clients

* Excellent interpersonal skills, demonstrate a cooperative attitude and communication skills with clients and coworkers at all levels, individually or as part of a team

* Discretion in working with sensitive or confidential information