Compliance Analyst

To apply for this position, email us your cover letter and CV.

Position Title: Compliance Analyst
Reports to: Chief Compliance Officer
Based in: Boston, MA

Eventide is a Boston-based registered investment adviser focusing on values-based investments that can enhance returns by providing capital to companies that serve society and the world. Eventide manages five Eventide mutual funds and a range of model portfolios used by financial intermediaries. Formed in 2008 with a vision for high performing values-based investments, Eventide provides leadership in the world of values-based and socially responsible investing. The firm employs approximately 30 team members and manages more than $3.5 billion. Eventide’s slogan is Investing that Makes the World Rejoice.®

Compliance Analyst Role

This Compliance Analyst role offers candidates an exceptional opportunity to lead investment compliance monitoring while expanding their regulatory knowledge across a range of topics within a growing, values-based asset manager. This position supports the design and implementation of Eventide’s compliance program, including:

  • Portfolio compliance monitoring and rules applicable to mutual funds
  • Helping to implement a new compliance monitoring system and OMS
  • Operational functions, data management and forensic testing
  • Interacting with external service providers and the Board of Eventide mutual funds
  • Code of Ethics and other compliance oversight functions
  • Compliance training
  • Vendor management
  • Proxy voting oversight
  • SEC filings reflecting mutual fund holdings

The Compliance Analyst position is highly visible, reports directly to the firm’s Chief Compliance Officer and General Counsel, and interacts frequently with senior management. The Compliance Analyst will help Eventide administer and continually improve its compliance program through policy enhancements, testing, and coordinating work within a three person compliance team.

A successful candidate for this position will be experienced in investment adviser compliance topics including daily portfolio monitoring under the Investment Company Act and client investment guidelines. The candidate should also be experienced in topics such as Code of Ethics requirements, proxy voting, vendor oversight, policies and procedures, compliance training, and the management of data and reports related to compliance oversight functions. Experience with risk assessments, testing, and enhancements is also helpful.

Key business partners for this role include finance, sales, human resources, information technology, operations, portfolio management, and trading, among others.

Preferred Experience

  • Minimum of a Bachelor’s Degree preferred (business, economics, or a related field)
  • 3-6+ years in a financial services role, preferably performing investment compliance monitoring, fund accounting, and/or legal or audit functions involving the Investment Company Act and the Investment Advisers Act
  • Strong working knowledge of key asset classes, security types, and rules applicable to asset management compliance
  • Strong written and oral communication/presentation skills
  • Comfort in handling data, spreadsheets and systems such as portfolio monitoring engines, Schwab Compliance Technologies (“SCT”), ISS proxy tools, and tools within Microsoft Office
  • Intellectually curious, self-starter motivated to join Eventide’s mission to help improve the world through values-based investing
  • Proven history of commitment and interest in values-based efforts and initiatives
  • Confidence to independently solve problems, research, and timely execute on goals
  • Excellent attention to detail with a focus on process improvements

Compensation

Compensation will be commensurate with experience and capabilities. We offer structures that include base and bonus, as well as a full benefits package.

At this time, Eventide can only consider applicants with authorization to work in the United States on a permanent, full-time basis; unfortunately, Eventide cannot provide visa sponsorship.

To apply for this position, email us your cover letter and CV.

News › Compliance Analyst

Mutual Funds involve risk including the possible loss of principal. Past performance does not guarantee future results. The Funds’ ethical values screening criteria could cause it to under-perform similar funds that do not have such screening criteria. The Funds can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards.

The Eventide Gilead Fund and Eventide Healthcare & Life Sciences Fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and they normally have a lower trading volume than larger companies. The Funds can also have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The Funds can invest in private companies. Private investments include various risks including but not limited to lack of liquidity, capital commitment risk, and valuation risk. Private companies may not be financially profitable and have uncertain futures, subjecting them to additional risks. Investors in the Gilead Fund should be aware that companies in the technology industries have different risks including but not limited to products becoming obsolete, and entrance of competing products.

Investors in the Eventide Multi-Asset Income Fund should be aware that interest rates are at historic lows and may change at any time based on government policy. In general, the price of a fixed income security falls when interest rates rise. A rise in interest rates may result in volatility and increased redemptions, which in turn could result in the fund being forced to liquidate portfolio securities at disadvantageous prices. Longer- term securities may be more sensitive to changes in interest rates. The intermediate-term bond portion of the Multi-Asset Income Fund’s portfolio may represent 0% to 100% of the Fund’s portfolio with an average duration of between two and eight years. The Eventide Multi-Asset Income Fund may invest in other funds. If other funds are utilized, such underlying funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in underlying funds and may be higher than other mutual funds that do not invest in underlying funds. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher quality debt securities. There are unique risks associated with REITs, preferred stocks, convertible bonds, and BDCs that are covered in the Fund’s prospectus and SAI.

The Eventide Multi-Asset Income Fund and Eventide Global Dividend Opportunities Fund can invest in MLPs and Yieldcos. MLPs carry unique risks including risks surrounding its tax status and risk pertaining to rising interest rates, both of which can negatively impact share price. Yieldcos carry different risks including Yieldco Sponsor Risk and cash flow risk. The Eventide Global Dividend Opportunities Fund can invest in Industrials and Utilities. Companies in the Industrial Sector carry various risks including, but not limited to, risk related to debt loads, intense competition, and sensitivity to economic cycles. Companies in the Utilities sector are subject to interest rate risk and cash flow risk. The Eventide Global Dividend Opportunities Fund is a new mutual fund and has a limited history of operations for investors to evaluate.

An investor should consider a fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA, which is not affiliated with Eventide Asset Management, LLC.