Ascendo Resources
Chief Compliance & General Counsel (Greenwich)
Ascendo Resources, Greenwich, Connecticut, United States, 06831
A newly formed, de novo bank focused on private credit and private equity investment activities for accredited investors is seeking a Chief Compliance & Legal Counsel.
This is a senior leadership role responsible for building and overseeing the institutions legal and regulatory compliance framework from inception.
The successful candidate will serve as a trusted advisor to executive management and the Board, playing a foundational role in shaping the banks governance, legal strategy, and regulatory posture.
Responsibilities Serve as chief legal officer, advising executive leadership and the Board on legal and regulatory matters. Interpret and apply federal and state banking laws and regulations applicable to a Federal Reserveregulated institution. Advise on legal structures, documentation, and disclosures related to private credit, private equity, and alternative investment activities. Draft, review, and negotiate investment-related agreements, offering materials, subscription documents, and vendor and service provider contracts. Establish and oversee corporate governance frameworks, including Board and committee materials, charters, and regulatory correspondence. Design, implement, and maintain a comprehensive compliance management program aligned with investor-facing banking activities. Oversee compliance with applicable regulations, including BSA/AML, OFAC, privacy, conflicts of interest, and disclosure obligations. Lead regulatory interactions, examinations, and ongoing supervision with the Federal Reserve and other applicable authorities. Build and scale the legal and compliance function as the institution grows.
Qualifications Juris Doctor (JD) from an accredited law school; active bar membership in good standing. 10+ years of progressive legal and compliance experience within banking, alternative investments, or regulated financial institutions. Strong experience advising on private credit, private equity, or alternative investment structures for accredited investors. Deep knowledge of U.S. banking regulations and Federal Reserve supervisory expectations. Experience engaging directly with regulators, Boards, and senior executives. Ability to build legal and compliance programs in a de novo or growth-stage environment. Strong judgment, executive presence, and hands-on leadership style.
This is a senior leadership role responsible for building and overseeing the institutions legal and regulatory compliance framework from inception.
The successful candidate will serve as a trusted advisor to executive management and the Board, playing a foundational role in shaping the banks governance, legal strategy, and regulatory posture.
Responsibilities Serve as chief legal officer, advising executive leadership and the Board on legal and regulatory matters. Interpret and apply federal and state banking laws and regulations applicable to a Federal Reserveregulated institution. Advise on legal structures, documentation, and disclosures related to private credit, private equity, and alternative investment activities. Draft, review, and negotiate investment-related agreements, offering materials, subscription documents, and vendor and service provider contracts. Establish and oversee corporate governance frameworks, including Board and committee materials, charters, and regulatory correspondence. Design, implement, and maintain a comprehensive compliance management program aligned with investor-facing banking activities. Oversee compliance with applicable regulations, including BSA/AML, OFAC, privacy, conflicts of interest, and disclosure obligations. Lead regulatory interactions, examinations, and ongoing supervision with the Federal Reserve and other applicable authorities. Build and scale the legal and compliance function as the institution grows.
Qualifications Juris Doctor (JD) from an accredited law school; active bar membership in good standing. 10+ years of progressive legal and compliance experience within banking, alternative investments, or regulated financial institutions. Strong experience advising on private credit, private equity, or alternative investment structures for accredited investors. Deep knowledge of U.S. banking regulations and Federal Reserve supervisory expectations. Experience engaging directly with regulators, Boards, and senior executives. Ability to build legal and compliance programs in a de novo or growth-stage environment. Strong judgment, executive presence, and hands-on leadership style.