Investments Compliance Officer – AML & Sanctions and Private Credit

Corebridge Financial • Houston, TX

1d • Hybrid

About The Position

Corebridge Financial's Investments Compliance team is seeking an experienced Compliance Officer to join in the execution of the compliance program. This role has two primary responsibilities: managing and executing the compliance program over the Investments Private Credit Group (PCG) and managing and executing the Investments Anti-Money Laundering (AML) & Economic Sanctions program over all asset classes. The PCG manages approximately $40 billion in corporate privates, infrastructure, structured credit, direct lending, and third-party CLOs. This role will serve as the SME Compliance Officer for the PCG's compliance program, ensuring policies and procedures align with investment activities, developing and executing monitoring and testing routines, and providing compliance advice. For AML & Economic Sanctions, this role will manage and execute the program across all asset classes, review Know Your Client/Counterparty (KYC) due diligence, perform sanctions screening, ensure AML/Sanctions policies are adequate, conduct KYC reviews for new clients, and respond to KYC requests. The role will also manage one U.S.-based AML compliance specialist. Interaction with the corporate Financial Crimes Group (FCG) and Corporate Governance teams is expected. The role involves ongoing execution of compliance routines aligned with SEC, FCA, and state insurance regulator requirements, with potential for additional responsibilities. Regular interaction with portfolio managers, operations, legal, other compliance team members, and corporate functions is required.

Requirements

• At least 7 years of experience executing compliance routines related to an investment management firm or an AML & Economic Sanctions program.
• Possess an ACAMS certification or be willing and able to attain one (company sponsored).
• Experience with Dow Jones Risk and Compliance Sanctions Screening tools or similar sanctions screening tools.
• Proficient in Excel (including formulas, Vlookup, pivot tables, etc.).
• Skilled in analyzing data in a variety of formats from multiple reports/systems.
• Familiarity with the Investment Advisers Act of 1940.
• High degree of intellectual curiosity and willingness to self-learn through reading regulatory releases and publications, inquiring with business and process owners, and applying past experiences from similar scenarios to current tasks and challenges.
• Ability to execute with independence, knows “what to do next” without instruction.
• Ability to confront conflict and difficult issues in a professional, assertive, collaborative and proactive manner.
• Ability to work as a team, share knowledge and coordinate amongst peers to achieve a common goal.
• Highly organized, with the ability to verify, inspect, and record documentation supporting results and disposition of matters.

Nice To Haves

• Experience with private credit as an asset class is ideal.
• Experience with Power BI reports is a plus.

Responsibilities

• Manage and execute the compliance program over Investments Private Credit Group (PCG).
• Manage and execute the Investments AML & Economic Sanctions program over all asset classes.
• Ensure compliance policies and procedures accurately incorporate the investment activities of the PCG.
• Develop and execute monitoring and testing routines (e.g., sample-based reviews, exception reports) to verify policies and procedures are effective and reasonably designed to prevent and detect violations of applicable laws.
• Provide compliance advice, guidance, and oversight in support of day-to-day issues and inquiries related to the PCG’s management of investment portfolios.
• Lead Compliance efforts on new or strategic initiatives impacting the PCG.
• Review Know Your Client/Counterparty (KYC) due diligence performed by business unit asset class teams.
• Perform sanctions screening of clients, counterparties, and other transactional parties.
• Ensure compliance policies and procedures related to AML & Economic Sanctions sufficiently address the unique nuances of each asset class and are in line with applicable laws, rules and regulations, and Corebridge corporate policies.
• Conduct reviews of KYC information/questionnaires in the onboarding of new clients and investors.
• Respond to KYC requests/questionnaires from counterparties and service providers on behalf of the regulated entities or their clients.
• Interact with the Corebridge corporate Financial Crimes Group (FCG) and Corporate Governance teams, where required.
• Responsible for the ongoing execution of various “run the firm” compliance routines aligned with requirements of the SEC, FCA, and state insurance regulators.
• Manage one U.S.-based AML compliance specialist.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Mental health support
• Wellness initiatives
• Retirement benefits options
• 401(k) Plan with a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms).
• Employee Assistance Program (Confidential counseling services and resources)
• Matching charitable donations (up to $5,000)
• Volunteer Time Off (up to 16 hours annually)
• Paid Time Off (at least 24 days)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed