Compliance, Compliance Testing Group - Asset Management, Associate

Location(s) US-NY-New York
Job ID
2021-72988
Schedule Type
Full Time
Level
Associate
Function(s)
Compliance
Region
Americas
Division
Compliance
Business Unit
Compliance Testing Grp
Employment Type
Employee

MORE ABOUT THIS JOB

GLOBAL COMPLIANCE

 

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. 

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILITIES AND QUALIFICATIONS

 

Job Summary & Responsibilities

 

Business Unit and Role Overview

 

Compliance Testing Group (“CTG”) is seeking an individual who is a self-starter who exudes energy, curiosity, and enthusiasm to conduct investigative work covering the firm’s Asset Management division. The principal objective of CTG is to create and execute detailed testing to assess compliance with regulations and firm policies, working closely with Compliance and business management to refine firm processes. CTG’s global team (with locations in New York, Salt Lake City, London, Warsaw, Tokyo, Singapore, and Hong Kong) is comprised of individuals with varying backgrounds and experience (former auditors, accountants, regulators, prosecutors, compliance professionals, lawyers and traders). The individual will work closely with Compliance and business management.

 

Responsibilities:


• Propose methods of testing and execute plans discussed and agreed with a team leader
• Gather data, perform analyses, and document results
• Identify potential compliance, conduct and reputational risks, and effectively escalate to appropriate individuals
• Multi-task work on several different reviews with different individuals at the same time
• Leverage strong communication skills to interact with Compliance and business senior management
• Team with colleagues around the globe to share findings and refine processes

 

Basic Qualifications:
• Bachelor’s Degree
• Broad knowledge of financial products, markets, and laws and regulations such as FINRA rules, SEC rules, and the Investment Company Act of 1940
• Excellent interview, presentation, written communication, time management, and analytical skills
• Integrity, motivation, intellectual curiosity, and enthusiasm

 

Preferred Qualifications:
• Compliance, auditing, testing, legal, or regulatory/law enforcement experience
• Experience in the financial services industry, either working for a portfolio management company, accounting firm, or regulator
• Fluency in French, Spanish, German, Italian, Portuguese, Japanese, Korean, or Mandarin Chinese a plus