What are the responsibilities and job description for the Senior Due Diligence Officer position at Concorde?
Overview
We are seeking a Senior Due Diligence Officer with deep alternative investment experience to join a full-service independent broker-dealer recognized as a leader in the alternatives space. At Concorde, due diligence is a core strategic function. It directly supports platform credibility, financial professional confidence and risk discipline.
The Senior Due Diligence Officer leads sponsor, manager and product oversight for the firm's alternative investment platform. The role calls for strong technical judgment, disciplined analysis and the ability to contribute well beyond formal reviews. It is best suited for a professional comfortable operating at a senior, highly visible level with leadership, financial professionals and sponsors.
About Concorde: Concorde is a nationally recognized, full-service broker-dealer and SEC-registered Investment Advisor (RIA) and insurance firm committed to supporting financial professionals and their clients. Through a thoughtfully integrated ecosystem of investment, advisory and insurance solutions, the firm provides the tools and expertise needed to help reach financial goals and objectives.
Key Responsibilities
Due Diligence
• Review new sponsors, product syndications and alternative investment managers across DSTs, REITs (including NAV and non-traded structures), interval funds, BDCs, private funds and other Reg D offerings.
• Perform approximately 30–35% of the firm's alternative investment offering reviews, with thorough analysis and documentation.
• Evaluate investment structure, risk and reward alignment, fee fairness, conflicts, assumptions and overall platform fit.
• Conduct and document annual sponsor reviews and ongoing oversight of approved offerings, ensuring alignment with firm standards and risk parameters.
• Develop and refine due diligence processes, review standards and documentation.
• Manage the Due Diligence Application (DDA) and use it to improve team efficiency and effectiveness.
• Support due diligence for Concorde Asset Management (CAM) as needed, including money manager reviews and serving as a resource for CAM due diligence questions.
• Identify and implement AI and automation tools to improve the efficiency, consistency and depth of due diligence reviews, including document analysis, data extraction and ongoing monitoring.
• Establish appropriate oversight of AI-assisted work so that conclusions remain well supported, documented and compliant with firm and regulatory standards.
Team leadership
• Lead, supervise and set direction for a small team of due diligence professionals, including prioritizing workload and supporting professional development.
• Partner with the President & CEO to set due diligence priorities and report regularly on the review pipeline, platform risk and team capacity.
• Review and sign off on team work to make sure analyses are complete, well documented and consistent with firm standards before approval decisions.
• Train and mentor team members on review methodology, documentation standards and use of the DDA.
Field and sponsor support
• Serve as the escalation point for complex or sensitive due diligence questions from financial professionals, providing clear guidance on product risks and suitability considerations.
• Respond to inquiries from registered representatives and sponsors with timely, accurate and actionable guidance.
• Assist representatives with sponsor-related issues and ongoing needs as a trusted resource and problem-solver.
• Clearly articulate and defend due diligence conclusions with financial professionals, sponsors and senior leadership.
Education, Communications and Firm initiatives
• Develop content for due diligence update calls, firm meetings and internal communications.
• Provide firmwide guidance on due diligence, alternative investments and best practices.
• Offer thoughtful input on broader firm initiatives related to alternatives, compliance and platform strategy.
• Represent Concorde at industry conferences, sponsor meetings, advisor meetings and firm events. Some travel is required.
Qualifications and Experience
• Substantial experience in alternative investment due diligence, including independently leading sponsor and product reviews on a broker-dealer platform.
• Active FINRA Series 7 and Series 24 registrations required. Series 65 or 66 preferred; candidates without one will be expected to obtain it within an agreed timeframe after hire
• Demonstrated experience supervising, mentoring or directing the work of other due diligence professionals.
• Working knowledge of DSTs, non-traded and NAV REITs, interval funds, BDCs, private funds and other Reg D offerings.
• Strong ability to evaluate sponsor financial strength, financial statements and underwriting across real estate and private credit.
• Working knowledge of Reg BI, FINRA Rule 2310, Reg D and other rules governing alternative investment offerings.
• Bachelor's degree in finance, accounting, economics or a related field. CFA, CAIA, Series 65 or 66 or other relevant designations are a plus.
• Working knowledge of AI tools and their practical application to investment research, document review and data analysis, with an understanding of their limitations and risks.
• Highly analytical and detail-oriented, with disciplined documentation habits.
• Sound independent judgment and the confidence to clearly articulate and defend due diligence conclusions with financial professionals, sponsors and senior leadership.
• Clear communicator and presenter, able to explain complex risks in practical terms to advisors and at conferences, workshops and firm meetings.
• Proven ability to manage multiple reviews and priorities at once.
Why This Role
This is an opportunity to join a firm where due diligence is central to decision-making. The role offers direct exposure to senior leadership, meaningful influence over alternative investment platform standards and long-term growth within a stable, well-rounded independent firm.