KDB Silicon Valley LLC

Compensation

Full Description

Assistant Compliance Officer KDB Silicon Valley LLC (Venture Capital Subsidiary of the Korea Development Bank) Company Overview KDB Silicon Valley LLC, a Venture Capital Subsidiary of the Korea Development Bank(“KDB”), aims to lead innovation through investment activity. KDB is a government-owned bank based in South Korea and one of the largest banking and investment institutions in Korea. KDB has broadened its investment reach by establishing the first overseas VC subsidiary in Silicon Valley. Founded in May 2021 and located in downtown Mountain View, KDB Silicon Valley LLC commenced its operations in November 2021. We focus on early/mid-stage, cross-sector investments. Additionally, we allocate capital to other VC funds as LP investments. Job Description KDB Silicon Valley LLC is seeking an Assistant Compliance Officer at our Mountain View, CA location. The Assistant Compliance Officer will report to and support the Senior Compliance Officer in establishing, managing, and implementing the compliance program, as well as overseeing key compliance matters. Under the direction of the Senior Compliance Officer, the role will also involve reviewing and supporting the company’s internal policies and legal matters, and coordinating with external counsels. In addition, the candidate may perform other business-related duties as assigned by the company. Location : Onsite at Mountain View office Start Date : Coordination Compensation : USD 75,000.00 ~ 120,000.00/ yearly Responsibilities • Identify, assess and advise on compliance risks and issues relating to VC operations and applicable banking regulations • Develop, implement, maintain and enhance the company’s compliance program, including but not limited to risk assessments, compliance testing, monitoring, policy development, and internal control • Provide support and guidance on compliance-related maters • Collaborate with stakeholders to ensure compliance with relevant regulations and laws • Ensure all required regulatory reporting is completed in a timely, accurate, and compliant manner • Review and analyze the regulatory changes, including but not limited to new laws, regulations and regulatory guidance, and assess their impact on the company’s operations and business activities • Collaborate with stakeholders to ensure compliance with relevant regulations and laws • Provide guidance and support on compliance-related matters • Liaise with regulatory examiners during compliance examinations and auditors during compliance audits • Coordinate with outside counsel and external advisors regarding regulatory, legal, and industry practice matters • Support legal and compliance due diligence activities relating to prospective investments and initiatives • Engage in active communications with KDB HQ and affiliated entities regarding compliance, audit, and regulatory matters, including submission of required reports as applicable • Assist with employee compliance training and promote company-wide compliance awareness • Manage third-party risk management processes, including vendor onboarding, due diligence, and contract oversight • Support additional operational and administrative functions for the company Qualifications/Requirements • Bachelor's degree or higher required • Bilingual – English and Korean (fluent) • Excellent verbal and written communications skills • Experience working in financial compliance (Preferred but not required) • CRCM, CAMS, CGSS (Preferred but not required) • Knowledge of VC operations and processes as a non-banking entity under related banking regulations • Familiarity with venture capital investment preferred • Proficiency in MS Office products (Word, Excel, and PowerPoint) • Discretion and confidentiality • Planning and time management skills • High level of motivation, integrity, and self-confidence • Respect and care, collaboration and flexibility, honesty and transparency • Candidates applying for this position must be legally authorized to work in the United States. • Full-time employees are eligible for our comprehensive benefits package starting on the first day of the month following the successful completion of a 90-day introductory period.