The RoleThe Compliance Senior Associate, Testing and Data is responsible for conducting global compliance monitoring and testing activities to ensure that the organization adheres to legal, regulatory, and internal policies and standards. This role requires an individual with ability to work independently with various stakeholder and to manage and deliver a portfolio of global compliance initiatives.
We'll trust you to:- Perform compliance testing of policies and procedures in accordance with Investment Company Act Rule 38a-1, Investment Advisers Act Rule 206(4)-7 and other regulatory requirements
- Review, enhance/redesign, and execute Compliance processes including monitoring activities
- Document findings, assessment of issues, and recommendations in detailed written reports
- Communicate testing and monitoring activities and issues in a clear and concise manner to management and stakeholders
- Track and monitor remedial actions to closure
- Lead Compliance initiatives documenting requirements and project managing activities to implementation
- Collaborate with internal partners to embed data analytics into key processes
- Stay current on the regulations, including SEC risk alerts, examination priorities, policies, and best practices relevant to Lord Abbett's business
- Develop and maintain effective partnerships with investment, client services, risk, and technology teams as well as third party service providers, as applicable
You'll need to have:- Bachelor's degree, preferably in business, finance, accounting, or related field, or at least five years of experience in compliance, audit, regulatory, or risk management functions
- Knowledge of laws and regulations such as FINRA rules, SEC rules, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and UCITS
- Strong proficiency in Microsoft Word and Excel
- Strong analytical and problem-solving skills
- Clear and concise written and verbal communication skills
- Organized with strong attention to detail, ability to deliver high-quality results within deadlines
- Ability to work in a dynamic, collaborative, and high-performing team
- Strong sense of ownership/accountability
- A team player with strong interpersonal skills
- Self-starter; proactive approach to work assignments
Compensation Information: Annual base salary for this role is $190,000 - $215,000. Salary is estimated for this role. Actual pay may be different.
Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.
Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett
