Chief Legal Officer

DiversyFund was founded on the idea of opening the wealth-building potential of real estate investing to the everyday investor. To accomplish this, we’ve built a fintech platform that lets everyone diversify their portfolio without needing a broker, thousands of dollars, or even a background in investing.

Our crowdfunded approach is vertically integrated, so we raise our own capital, research and find our own real estate deals, and manage our properties without needing a middleman. To date, over 30K investors have joined us. Our Growth REIT fund is focused on multifamily properties and targets double-digit returns for our investors.

A Place for You:

Alongside investing in a time-proven product – real estate – DiversyFund is also investing in talent for our fast-growing team! Besides working with a diverse group of experts and professionals, our employees enjoy a full complement of benefits. These include health insurance, a 401K, unlimited PTO, a $500 office budget, and so much more. Apply from anywhere within the US because most of our roles are remote. There’s never been a better time to join the DiversyFund team! We look forward to hearing from you!

What You’ll Do:

Reporting to the Chief Executive Officer, you will develop and oversee a comprehensive compliance program tailored to our unique business as a leading fintech & crowdfunding platform, and maintain our services to be compliant with all relevant laws, rules, and regulations. You will provide guidance and legal counsel to internal business units and deal with SEC legal filings for our real estate funds. You will act as “Chief Compliance Officer” for the company’s Registered Investment Advisor and hold a Series 65 license. The ideal candidate must also inform the Board of Directors about important issues and material compliance violations. As the CLCO, you will collaborate with Senior Management, and work cross-functionally across our business, marketing, product, and engineering teams to scale our compliance processes, enhance internal controls, and manage the day-to-day compliance functions, including oversight of all policies, procedures, training, testing and regulatory reporting with respect to our Registered Investment Advisor and general securities offering compliance. Securities, RIA, and FinTech experience and regulatory knowledge are a must.

Your Responsibilities:

Functioning as the Chief Compliance Officer of the Registered Investment Advisor and maintaining Series 65 license and ensuring compliance with books and records and all RIA requirements

Defining the necessary level of knowledge on existing and emerging regulatory compliance requirements across the organization

Developing the annual compliance work plan and calendar that reflects the organization's unique characteristics and keeps the RIA and securities offerings compliant

Periodically revising the compliance plan in light of changes.

Overseeing and monitoring the implementation of the compliance program.

Providing guidance, advice, and compliance training to marketing, product, and customer service.

Providing strategic direction to the management team on compliance with legal.

Preparing and presenting clear and concise compliance reports to the Board.

Interacting with regulators on compliance issues.

Coordinating efforts related to audits, reviews, and examinations from the SEC relating to the RIA and securities offerings

Ensure all required SEC filings are accurately drafted and filed on time regarding our various investment funds

Review all website pages, posts and advertising and third party advertising contracts for compliance

Coordinating internal compliance review and monitoring activities, including periodic reviews of departments and website and advertising.

Independently investigating and acting on matters related to compliance.

Monitoring external review processes.

Supervisory Responsibilities:

Directly supervises employees within the legal & compliance department.

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.

Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Ideal Skills, Experience, and Competencies:

Bachelor's degree in Accounting, Business, Law or related field preferred

Law Degree strongly preferred

FINRA licenses: Series 65 preferred

10+ years of experience working in audit, compliance, risk management, or business analysis roles in FinTech, RIA, and/or Securities businesses

Excellent knowledge of BSA/AML money laundering regulations essential

Experience in both establishing comprehensive compliance policies and operationalizing robust compliance frameworks

Deep regard and proven track record in handling sensitive information and exercising excellent judgment in handling company matters

Substantial experience in the design and implementation of a compliance program preferred

Keen interest in FinTech, Web3 or digital assets.

Ability to work effectively in a start-up environment, preferably with experience establishing and growing compliance functions at similar stages of a company lifecycle

Excellent oral and written communication, including presentation skills

Excellent attention to detail and an ability to produce high-quality, accurate work in a fast-paced environment

COMPETENCIES:

Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethics; Upholds organizational values.

Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events.

Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals.

Cost Consciousness - Works within approved budget; Develops and implements cost-saving measures; Contributes to profits and revenue; Conserves organizational resources.

Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem-solving situations; Uses reason even when dealing with emotional topics.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers; to handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit, and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.

Total Rewards:

Health Insurance, DiversyFund pays 100% of employee-only premiums for select plans.

Dental Insurance

Vision Insurance

Company provided Life Insurance

Company provided Short- & Long-Term Disability

Paid Holiday including holiday shutdown

Voluntary Life Insurance

Competitive Salary

Paid Parental Leave

401k Plan

Employee equity sharing plan

Unlimited PTO

Work from home

Career Development & Growth Opportunities

DiversyFund is an Equal Opportunity Employer.