What are the responsibilities and job description for the General Counsel & Compliance Officer position at HCL Global Systems Inc.?
Position : General Counsel & Compliance Officer
Job Duties :
Conduct critical compliance analysis, research, evaluate, manage, and monitor local, state, and federal regulatory and compliance requirements generally applicable to asset management, real estate, EB-5 industry, and pertaining to the real estate owned, operated and/or managed by the company and its affiliate entities (“Portfolio Properties”). Administer and manage the company’s legal compliance programs, including the proper documentation, implementation, and communication of compliance and ethics policies and procedures within the company, covering areas such as confidentiality, privacy, security, record management, conflict of interest, and employment and labor laws. Stay current with the EB-5 program’s strict legal requirements promulgated under the EB-5 Reform and Integrity Act of 2022 (“RIA”). Evaluate current or proposed investment offerings and collaborate with company’s management and external legal counsel to ensure offerings related to Portfolio Properties fully comply with the RIA, and the rules and regulations framed by the United States Citizenship and Immigration Services (“USCIS”) Securities and Exchange Commission (“SEC”). Consult with external counsel, corporate and immigration attorneys for legal matters. Assist company’s immigration counsel in maintaining regional center and securities law filings and reporting compliances under requisite forms (i.e., Form I-956G, Form I-956H, and Form D for SEC filings). Provide assistance and requisite information to the designated fund administrator and/or the internal or external auditors for conducting reviews. Review communications such as securities sales advertising to ensure there are no violations of standards or regulations. Review pre-closing documents for developer financial obligations, compliance and reporting requirements. Attend organizational pre-closing meetings and project closings. Conduct post-closing compliance with all purchase agreements, financing agreements, and other agreements for all Portfolio Properties administered by the company. Assure that compliance and ethics standards are included in contractual agreements with third parties (e.g., vendors, business partners, agents, contractors, etc.). Track and maintain compliance reports and ensure compliance with covenants for all assigned properties. Coordinate operational aspects in accordance with contractual obligations undertaken under refinancing contracts. Ensure that Portfolio Properties are adequately insured. Review and analyze property management reports and operating statements for all Portfolio Properties and prepare summary reports and data for review by the internal management of the company to identify compliance issues that require follow-up or investigation. Participate in monthly asset reviews, routine meetings, site visits, and conference calls with third-party property management to discuss asset-specific strategies and operational issues. Provide viable and timely recommendations for improving performance based on discussions, observations, and analysis. Submit copies of audits, data spreadsheets, and other applicable reports or requests to any regulatory agency as required, including but not limited to: Atlanta Development Authority, the City of Atlanta, the Georgia Department of Community Affairs (DCA) and Atlanta Housing as appropriate. Work with developers, property management companies, on-site personnel, bond trustees and investors to resolve non-compliance or non-performance issues where appropriate. Form effective working relationships and networks with vendors, contractors, third party property managers, appraisers, brokers, and other service providers to ensure timely and superior completion of all projects and deliverables. Perform all other duties that may be required or assigned. Travel/relocate to various unanticipated locations throughout the U.S. for long- and short-term assignments at client sites. Multiple positions available.
Work Location :
24543 Indoplex Circle, Suite 220, Farmington Hills, MI, 48335 and various unanticipated locations throughout the U.S
Minimum Requirements:
Education : Requires LLB/JD, Master of Laws, or foreign equivalent or related and seven (7) years of experience in the job offered or as a Compliance Professional. Travel/relocate to various unanticipated locations throughout the U.S. for long- and short-term assignments at client sites.Email resume with cover letter to hr@hclglobal.com; HCL11; EOE.
Job Order No :HCL11; EOE