Baker Tilly US US | Managing Director, Asset Management Regulatory Compliance

Key responsibilities

• Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.
• We are seeking an entrepreneurial regulatory compliance leader to build and scale a national advisory practice serving SEC-registered investment advisers, private fund managers, and other asset management firms within Baker Tilly's Managed Services service line.
• This is a practice-building role, not a traditional in-house Chief Compliance Officer position.
• The pay rate range for this job position is $182,150 - $345,330.
• Build and lead a national asset management regulatory compliance practice focused on RIAs, private fund advisers, exempt reporting advisers, and institutional investment managers.
• Own pipeline, bookings, revenue, utilization, engagement economics, client retention, and profitable growth; establish operating metrics and reporting for the practice.
• Build referral channels with law firms, fund administrators, consultants, custodians, technology providers, financial institutions, and other asset management centers of influence.
• Partner across Baker Tilly audit, tax, risk, cybersecurity, technology, and advisory teams to bring integrated solutions to investment management clients.
• Serve as the senior market-facing leader for the practice and develop relationships with CCOs, general counsel, CFOs, COOs, founders, boards, and investment professionals.
• Lead prospect discovery, diagnose regulatory and operating needs, scope engagements, develop proposals, negotiate fees, and close new business.
• Build market visibility through thought leadership, regulatory updates, webinars, conferences, industry associations, and targeted executive outreach.
• Advise clients on the Investment Advisers Act of 1940, related SEC rules and guidance, state adviser requirements, and current SEC examination and enforcement priorities.
• Lead or oversee Form ADV Parts 1 and 2, schedules, disclosure reporting pages, brochures, annual amendments, interim amendments, state notice filings, registrations, and regulatory renewals.
• Design, implement, test, and enhance compliance programs, including policies and procedures, risk assessments, annual reviews, compliance calendars, testing plans, exception management, and board or management reporting.
• Review websites, pitchbooks, performance presentations, client and investor communications, disclosures, agreements, and other materials for regulatory consistency and supportability.
• Prepare clients for SEC and state examinations; manage document requests, interviews, deficiency responses, remediation plans, and follow-up inquiries.
• Advise hedge, private equity, venture capital, private credit, real estate, infrastructure, funds-of-funds, and other alternative investment managers on adviser and fund-level compliance obligations.
• Lead or oversee Form PF data collection, validation, reconciliation, review, and filing, including fund structure, exposures, leverage, liquidity, counterparties, financing, and investor information.
• Advise on fund fees and expenses, allocation practices, valuation governance, affiliated transactions, conflicts, side letters, preferential treatment, restricted activities, investor reporting, and governing-document controls.
• Review private placement memoranda, limited partnership agreements, subscription materials, side letters, investor letters, DDQs, and other fund disclosures for consistency with compliance practices and regulatory expectations.
• Advise on custody-related requirements, annual audits and audited financial statement delivery, as well as Form D, blue-sky, beneficial ownership, AML/KYC, ERISA, and CFTC/NFA considerations where applicable.
• Delivery, Quality and Team Leadership.
• Establish standardized methodologies, workpapers, templates, review protocols, escalation criteria, service-level expectations, and quality-control processes for recurring compliance services.
• Maintain ultimate accountability for technical quality, consistency, documentation, and defensibility of client work.
• Define target client segments, service offerings, delivery models, pricing, revenue goals, hiring plan, technology strategy, and multi-year growth roadmap.

Required qualifications

• Bachelor's degree in finance, accounting, business, law, or a related field; advanced degree or relevant professional credentials are a plus.
• 15 years of investment management regulatory compliance experience, including substantial work with SEC-registered investment advisers and private fund managers.
• Deep working knowledge of the Investment Advisers Act of 1940, SEC rules and guidance applicable to advisers, and the regulatory framework for private fund advisers.
• Demonstrated expertise with Form ADV and Form PF preparation, review, data governance, and filing requirements.
• Hands-on experience designing, testing, and improving adviser compliance programs and supporting SEC examinations and remediation.
• Demonstrated ability to build or materially grow a compliance, legal, consulting, accounting, or other professional services business serving asset managers.
• Proven record of originating opportunities, selling advisory services, developing referral relationships, preparing proposals, and expanding senior client relationships.
• Experience leading professional teams and managing practice economics, including pricing, budgeting, forecasting, staffing, utilization, realization, and profitability.
• Ability to translate complex regulatory requirements into practical controls, clear executive advice, and scalable client solutions.

Baker Tilly US, LLP

The firm's roots in the United States go back to 1931, when it began as Virchow, Krause & Company, and the current partnership was organised in 1953. It joined Baker Tilly International in 1999 and took the Baker Tilly name in 2009. It has since grown through mergers with ParenteBeard in 2014 and Squar Milner in 2020, among others. Baker Tilly provides audit and assurance, tax, and advisory services, with a CPA firm handling attest work and a separate advisory group handling tax and consulting.

• Industry: Accounting, tax, assurance and advisory services, including managed accounting services
• Headquarters: Chicago, Illinois, United States (U.S. member firm of Baker Tilly International)