Risk & Compliance Analyst - Registered Funds

abrdn • Philadelphia, PA

5d

About The Position

The Risk & Compliance Analyst - Registered Funds supports the Head of US Registered Fund Compliance/Fund CCO (“Fund CCO”) to establish, maintain and implement a compliance program to meet the obligations of Rule 38a-1 of the 1940 Act for abrdn’s registered funds (open-end funds, closed-end funds and ETFs). The Registered Fund Risk & Compliance Analyst will report to the Fund CCO.

Requirements

• 3-5 years working in compliance, with a focus on registered fund compliance
• Strong fundamental understanding of the Investment Company Act of 1940
• Demonstrated skill in stakeholder engagement and management
• Bachelors degree or higher

Nice To Haves

• Prior experience of working directly for or with a registered fund CCO preferred

Responsibilities

• Support the Fund CCO to establish, maintain and implement a compliance program to meet the obligations of Rule 38a-1 of the 1940 Act for Aberdeen's registered funds (open-end, closed-end and ETFs).
• Take the lead, with the guidance and direction of the Fund CCO, to prepare 38a-1 quarterly and annual reports to be delivered to the respective registered fund boards.
• Maintain and update appropriate compliance documents, including Aberdeen's registered fund compliance manuals.
• Work with the Fund CCO to set, maintain and oversee an annual risk-based testing program for Aberdeen's registered funds. Perform certain tests when required.
• Track and analyze regulatory change and developments impacting Aberdeen's registered funds and suggest best practices related to registered fund compliance.
• Assist the Fund CCO to deliver trainings to registered funds to key stakeholders, including portfolio managers of Aberdeen's registered funds.
• Provide advice and guidance to the business on registered fund compliance matters, including with respect to new products and product changes.
• With the Fund CCO, present on compliance matters to independent fund directors.
• Assist the broader Risk & Compliance – Americas team with new hire on-boarding; personal dealing, G&E inquiries and other compliance maters.

Benefits

• Best in class Medical, Dental, and Vision plans with well-known carriers; Telehealth and Health Concierge services.
• Health, Dependent and Commuter Flexible Spending Plans.
• Employer provided Life Insurance, Critical Illness Insurance, Short Term and Long-Term disability with additional optional coverage options.
• 401(k) Retirement Savings plan with top notch company Profit Sharing contribution which is immediately vested!
• Generous time off starting day one with 4+ weeks annual vacation plus 9 paid holidays.
• Paid Parental, Adoption, and Family Sick/Caregiver leave programs.
• Volunteer Days and Study Time to focus on what is important to you!
• Employee Assistance, Travel and Discount Programs.
• Wellness program including Nutritional Counselling and Gym Membership Reimbursements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level