Portfolio Compliance Analyst (HYBRID)

Equitable•New York, NY

6h•$130,000 - $160,000•Hybrid

About The Position

At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859. The Equitable Law Department’s Mission is to Serve as Equitable’s trusted counsel, empowering Equitable to pursue its noble purpose by upholding the highest standards, forging collaborative relationships and delivering creative solutions. At Equitable we have reimagined how we want to work and are guided by principles of inclusivity, flexibility, and connection. Come join us and enjoy working for a leading financial services company with an amazing and diverse culture! We offer a flexible hybrid office/remote work environment, and this position is located in our New York, NY office. Equitable is looking for a Portfolio Compliance Analyst to join our team. The Equitable Investment Management (EIM) Portfolio Compliance team oversees compliance with investment guidelines and regulatory requirements on behalf of EIM’s registered mutual funds and private funds. The team supports product development, new product launch, daily compliance testing, regulatory implementation and reporting to the funds’ board of directors.

Requirements

Bachelors Degree
5+ years of portfolio compliance experience
Established knowledge of the Investment Company Act of 1940 and Investment Advisers Act of 1940
Oversight of the compliance system monitoring post-trade activity, including escalation and resolution of issues
Experience supporting 1940 Act fund launches, ongoing fund compliance, testing, disclosures, and regulatory filings
Knowledge of valuation, liquidity, affiliation, portfolio guidelines, and 1940 Act fund governance

Nice To Haves

Experience with sub-advised mutual funds, fund-of-funds and multi-advised fund structures
Demonstrated attention to detail combined with developed analytical, organizational, and critical-thinking skills, with a proven ability to manage multiple priorities, evaluate complex information, and deliver high-quality results with accuracy and precision

Responsibilities

Analyze investment guidelines of 1940 Act funds and create corresponding compliance rules
Support new fund launches through implementation of compliance rules
Update compliance rules based on changes in prospectus disclosures and investment guidelines
Troubleshoot coding issues and making appropriate adjustments
Ensure compliance with prospectus guidelines, regulatory requirements and applicable EIM policies and procedures relating to 1940 Act funds
Collaborate with internal stakeholders and external vendors/sub-advisers
Assist in development of the compliance program for 1940 Act funds, including implementation of new regulations
Assist with regulatory filings, annual compliance reviews and testing and applicable board reporting obligations
Responsible for the investigation, resolution and remediation of compliance errors in coordination with internal and external stakeholders
Assist with the ongoing compliance and risk management requirements of the funds’ Derivatives Risk Management Program
Participate in special projects and strategic initiatives