Senior Compliance Associate, Monitoring & Testing
Our client, a leading investment firm with AUM of $217 Billion, is seeking a Senior Compliance Associate to lead global compliance monitoring and testing efforts. This role is essential in ensuring that regulatory requirements and internal policies are met while identifying areas for improvement. The ideal candidate will work independently with key stakeholders to strengthen compliance oversight and enhance risk management processes.
Key Responsibilities:
Conduct compliance testing to assess adherence to regulations, including Investment Company Act Rule 38a-1 and Investment Advisers Act Rule 206(4)-7.
Design, refine, and implement compliance monitoring programs to enhance oversight and regulatory compliance.
Analyze and document findings, evaluate potential risks, and provide well-structured recommendations.
Communicate testing results and compliance issues effectively to senior management and relevant teams.
Track and oversee corrective actions to ensure timely resolution of compliance matters.
Manage due diligence and ongoing oversight of third-party service providers in collaboration with Enterprise Risk Management and other internal teams.
Support the implementation and execution of risk assessment frameworks to identify potential compliance risks.
Develop and present compliance reports, metrics, and key insights to management.
Monitor regulatory updates, including SEC risk alerts and industry best practices, to ensure compliance strategies remain current.
Assist in compliance-related projects, such as implementing new technology solutions and optimizing reporting processes.
Foster strong working relationships across investment, client services, risk, and technology teams, as well as with external partners.
Qualifications & Skills:
Bachelor’s degree in business, finance, accounting, or a related field, or at least five years of experience in compliance, auditing, regulatory affairs, or risk management.
Strong knowledge of investment regulations, including SEC and FINRA rules, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and UCITS guidelines.
Proficiency in Microsoft Word and Excel, with preferred experience in Power BI or other data visualization tools.
Strong analytical and problem-solving skills with the ability to identify and address compliance risks.
Excellent written and verbal communication skills, capable of presenting complex information clearly and effectively.
Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
A proactive and self-motivated approach with a strong sense of responsibility and accountability.
Ability to collaborate effectively with teams and external partners to support compliance initiatives.