Mike Spero Email & Phone Number

Washington, Dc, Us

Washington, Dc, Us

A subsidiary of Stifel Financial Corp

A subsidiary of Stifel Financial Corp

A subsidiary of Stifel Financial Corp

A subsidiary of Stifel Financial Corp.

- Manage the end to end compliance of all Enterprise Supply Chain (ESC) processes to ensure controls are in place, testing of controls is performed, and feedback provided for corrective and preventative actions to mitigate risk.- Lead, influence, and collaborate with ESC, business partners, suppliers, and consulting support to create best-in-class compliance that supports the overall procurement lifecycle- Manage a team of compliance professionals with responsibilities to set objectives, operational plans, and career development- Develop ongoing method for testing controls, providing feedback on gaps, and follow-up on remediation plans that include corrective and preventative actions for gap closure of identified gaps when applicable- Support internal audits, follow-up, findings, and remediations through to closure when applicable

- Advised financial institutional clients regarding risk assessment and mitigation to ensure compliance with relevant regulations for various business lines and initiatives. - Provided investment advisor expertise with respect to mock audits, forensic testing, internal control reviews, and devising comprehensive compliance policies and procedures.- Revised client advertising and marketing campaigns to ensure legal and regulatory compliance.- Completed SEC and NFA/CFTC registrations and filings; counsel on enforcement actions and investigations.

- Directed all aspects of compliance oversight and risk management processes for employee-owned hedge fund managing portfolio value of $700 million across public equity markets.- Drove creation of cybersecurity program, liaising with technology vendors; secured data privacy in light of applicable state and federal laws.- Chaired Operations Committee with Finance, Trading, and Investor Relations units, reviewing all non-investment matters, including best execution and soft dollars, side letter provisions, recruiting, and new vendor relationships.- Devised compliance manual and trainings, incorporating existing policies and updating material.

- Led compliance team for SEC-registered investment adviser to public equity hedge fund with approximately $2.3B in AUM and staff of 15 employees.- Educated portfolio managers, risk management, and investor relations stakeholders on compliance and ethics issues and resolved compliance matters in accordance with firm policy.- Collaborated with Chief Compliance Officer in all aspects of completing SEC examinations, including pre-exam on-site rolling document production as well as attending compliance and business interviews.- Conducted regular forensic testing of trading activity involving best execution, trade allocations, short sales compliance, expert networks, and proxy voting.

- Provided compliance advisory support for advisory accounts subject to the Investment Company Act, the Investment Advisers Act, ERISA, and separate account rules.- Led cross-functional initiative to monitoring increasing pace of regulatory change, integrating new compliance requirements into investment management line of business policies, procedures, controls and training.- Spearheaded the procedural application of the EMEA Code of Ethics with coverage responsibility for approximately 2,000 investment management employees.- Designed pioneering metrics report for compliance senior management summarizing issues identified in forensic testing; engaged with the relevant business teams to resolve highlighted issues.- Oversaw a suite of trade surveillance reports detecting potential Investment Adviser Act and Investment Company Act exceptions in cross trades, affiliated trading, commission errors, new issue allocations, reallocations, and performance dispersion; escalated and resolved issues with business owners.- Monitored aggregate Investment Management holdings reports in accordance with applicable BlueSky laws, Bank Holding Company Act, and other regulations, internal ownership limits, and trading restrictions.

- Series 7, 24 - Collaborated with the Chief Compliance Officer in supporting investment professionals specializing in convertible bonds, options, and equity trading.- Developed Anti-Money Laundering Customer Identification Program in accordance with USA PATRIOT Act.

- Managed staff in performing all aspects of regulatory branch examinations across the U.S. retail branch network from assigning pre-exam sample forensic testing through post-exam issue resolution and remediation.