Manager, Investment Advisory Compliance

Jennison Associates • New York, NY

314d • $165,000 - $180,000 • Hybrid

About The Position

As part of Jennison's Investment Advisory Compliance Group, this position will support Jennison's compliance program regarding its regulatory, contractual, and compliance requirements associated with its activities as a registered investment adviser. This role will be responsible for oversight of various compliance functions, including providing support and training to staff responsible for administration of employee conduct policies, regulatory filings and Jennison's compliance training program. An important part of the role will be to develop and enhance the compliance program's effectiveness in accordance with regulatory expectations and evolving best practices. Additional responsibilities include administration of Jennison's compliance risk monitoring program, maintenance of policies and procedures, facilitation of internal and external audits as well as the implementation of compliance forensic testing program, tracking regulatory updates and implementing changes to comply with new and amended regulation, and providing general compliance oversight and guidance to the business. This is an opportunity for a confident, experienced, and knowledgeable individual to take a high visibility role in Jennison's Compliance department.

Requirements

• Prior compliance experience at a registered investment adviser preferably with testing, risk assessments and policies and procedures maintenance
• Strong knowledge of the Investment Advisor's Act of 1940 and other relevant securities laws
• Minimum of 7-10 years compliance experience working with an investment management firm
• FINRA Licenses (Series 7 & 24) a plus but not required
• Excellent written and oral communication skills with ability to interface with and influence senior management as well as other peers and colleagues
• Established ability to multi-task, prioritize and organize time effectively in a fast-pace environment with changing deadlines
• Ability to exercise sound judgment and discretion in identifying, escalating and resolving issues
• Demonstrates strong analytical skills and attention to detail consistently
• Experience managing and developing staff
• Solid research skills and the ability to provide useful guidance and make articulate recommendations to department managers regarding potential solutions to issues
• Strong technology skills, proficient in MS Outlook and Office, including Excel and PowerPoint
• Quick learner; ability to learn new systems
• Project Management and System Implementation experience is a plus

Nice To Haves

• FINRA Licenses (Series 7 & 24) a plus but not required
• Project Management and System Implementation experience is a plus

Responsibilities

• Supervise and support staff responsible for administration of Jennison's employee conduct policies, including monitoring for personal trading, gifts and entertainment and political contributions activity, in a player-coach role
• Continuously review and enhance the firm's compliance policies and procedures in accordance with evolving regulatory expectation and business practices
• Track and analyze regulatory updates, including proposed and new regulations, risk alerts and regulatory guidance for impact on Jennison's business
• Administer the Compliance Risk Monitoring Program, including testing and oversight of policies and recommend enhancements to business processes and internal controls
• Draft and implement procedures for compliance monitoring activities and forensic testing
• Maintain relationships with compliance related vendors, identify issues, keep abreast of system enhancements, and make recommendations to workflows to best utilize the system(s)
• Prepare materials for internal governance bodies and continually look for opportunities to enhance reporting through data analytics
• Serve as compliance point person for the areas covered as well as various Prudential/PGIM compliance programs and initiatives
• Oversee execution of the annual third-party compliance review and other internal and external audits; including document production and action plan tracking
• Oversee and provide support for regulatory filings, including Section 13 filings, Form ADV and Form PF
• Develop and deploy compliance training
• Support the process of onboarding new clients, provide guidance as to compliance implications associated with investment management agreements and sub documents for private funds
• Collaborate with Jennison and PGIM/Prudential compliance colleagues to drive coordinated outcomes
• Integrate industry benchmarking and best practices through ongoing research, education and industry affiliations.

Benefits

• Premier medical benefits
• Paid time off
• Retirement profit sharing plan
• Wellness reimbursement
• Fully paid parental leave
• Family planning support
• Paid membership to concierge primary care
• Supplemental mental wellness benefit provides annual allotment of fully paid therapy sessions and unlimited coaching
• Additional health and wellness benefits
• Life insurance
• Hybrid work model providing employees with the flexibility to work remotely 2 days a week

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree