Summr Capital Management is a multi-strategy quantitative hedge fund that blends systematic trading, deep data research, and institutional-grade infrastructure. We operate with the urgency of a fintech start-up and the governance standards of a global asset manager. As we close Tranche I of our inaugural raise, we’re scaling rapidly across public-market, treasury-yield, and digital-asset strategies.
The Opportunity
We need a builder-operator who can:
- Architect a 0 → 1 compliance and enterprise-risk program today.
- Scale that framework into an institutional platform as AUM moves into the billions.
- Evolve into a senior partner who shapes strategy, risk culture, and governance for the long haul.
If you thrive on growth, ownership, and cross-functional collaboration with quants, engineers, and investors, this is your seat.
Key Responsibilities
Strategic Leadership
- Serve as designated CFO for SEC registration (and future CFTC/NFA filings).
- Advise leadership on regulatory strategy as we expand products—Treasury Yield Solution, digital assets, SMAs.
- Provide independent risk and compliance reporting to the Board and LP Advisory Committee.
- Draft and implement all policies: Code of Ethics, Personal Trading, AML/KYC, Model Risk, Cybersecurity, Vendor Diligence, Valuation, Marketing.
- Stand up Form ADV, Form PF, 13F/13D/13G pipelines and state Blue-Sky filings.
- Select and configure a RegTech stack for surveillance, attestations, and ERM dashboards.
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- Transition from founder-run controls to full governance: Board committees, third-party audits, SOC 1/2 reviews.
- Enhance enterprise-risk management—KRIs, stress testing, scenario analysis, liquidity, counterparty, and model risk.
- Lead regulatory exams, mock exams, and remediation.
- Long-Term Evolution (Year 3+)
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- Mentor and grow a compliance/risk team as headcount increases.
- Represent Summr in regulator meetings, investor due-diligence sessions, and industry forums.
- Partner with Investor Relations to review marketing and, if licensed, oversee fundraising-related activities while maintaining independence.
Qualifications and Experience
Experience
- 10+ years in compliance, legal, or risk at banks, broker-dealers, or hedge/PE funds—at least 3 years leading teams.
- Demonstrated success building or revamping a compliance program in a high-growth or start-up setting.
- Hands-on familiarity with quant/algo trading oversight.
Regulatory & Filing Expertise
- Deep knowledge of the ’40 Act, Advisers Act, ’33/’34 Acts, Reg D 506(c), CFTC Part 4, Blue-Sky, and AML/BSA.
- Direct experience managing SEC/NFA/FINRA exams and filings (ADV, PF, 13F/G/D).
Mandatory FINRA Licenses
- Series 24 (General Principal) — current.
- Series 7 and 66 (or 63 + 65) — evidencing capital-markets fluency.
- Ability to maintain registrations with an affiliated or third-party broker-dealer if involved in fundraising oversight.
Risk & Compliance Certifications
- At least one of: FRM, CRCMP, CAMS, CRCP, CERP, CISSP, CISO, or equivalent.
- Commitment to ongoing continuing-education requirements.
Education & Mindset
- JD, MBA, or Master’s in Finance preferred; Bachelor’s required.
- Start-up agility, bias for action, resourcefulness, and exceptional written and verbal communication.
12 month success criteria
- Compliance & ERM platform live and fully documented.
- Clean mock SEC exam with no material deficiencies.
- Automated trade and marketing-approval monitoring integrated with OMS/EMS and CRM.
- Quarterly Board dashboards featuring actionable KRIs/KPIs.
- 100 % staff policy-training completion and zero critical incidents.
Growth Plan
- Year 1: Single point of accountability for compliance and risk.
- Year 2-3: Hire and lead a small compliance/risk team; deepen auditor and vendor relationships.
- Year 3-5: Earn an Executive Committee seat; influence new product launches and global regulatory expansions.
Summr Capital Management is an equal-opportunity employer. We celebrate diversity and are committed to building an inclusive team. Employment is contingent on background, reference, and license verification.