Senior Associate or Associate Compliance

Oaktree Capital Management, L.P.•Los Angeles, CA

1d•Onsite

About The Position

Oaktree is a global investment manager specializing in alternative investments, with over $220 billion in assets under management and more than 1,400 employees across over 25 cities worldwide. The firm focuses on an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. Oaktree is committed to fostering a collaborative, curious, inclusive environment that values diversity of thought, provides training and career development, and supports local communities through philanthropy. This Associate/Senior Associate position, based in downtown Los Angeles or midtown New York City, is a generalist role within the US Regulatory, Compliance Testing & BDC Compliance team. The individual will be responsible for assisting in the execution of key areas of the firm’s compliance program under the Investment Advisers Act of 1940, as well as the compliance program for its regulated funds under the Investment Company Act of 1940. The role reports to a Senior Vice President of Compliance and focuses on execution, monitoring, and documentation related to regulatory filings, compliance testing, global data privacy initiatives, and compliance with the Co-Investment Exemptive Relief.

Requirements

For the Senior Associate role: 3–5 years of compliance experience within an investment adviser, asset manager, or financial services firm, with a focus on BDC compliance, compliance testing, regulatory filings, and/or general compliance program support
For the Associate role: 1–3 years of compliance experience within an investment adviser, asset manager, or financial services firm, with a focus on BDC compliance, compliance testing, regulatory filings, and/or general compliance program support
General knowledge of the Investment Company Act of 1940 and the Investment Advisers Act of 1940
Proficient in Microsoft Office applications, including Word, Excel, PowerPoint and Outlook
Outstanding initiative, motivation and detail orientation with strong work ethic and excellent organizational skills
Ability to work well under pressure and with time constraints
Proven ability to manage tasks with competing priorities and deadlines
Responsible individual with a strong sense of integrity and dedication
Demonstrates strong interpersonal skills and the ability to quickly build credibility and gain confidence of individuals at all levels
Team-oriented and able to partner with colleagues to achieve shared goals
A Bachelor's degree is required

Responsibilities

Support in the administration of the firm’s BDC compliance program
Assist in the preparation and maintenance of regulatory filings, including Form ADV and related disclosures
Execute compliance testing and monitoring activities in accordance with Rule 206(4)-7 under the Investment Advisers Act of 1940
Provide support for compliance obligations under the Investment Company Act of 1940, including maintaining and updating compliance documentation, policies, and procedures
Assist with compliance with Oaktree’s registered funds’ Co-Investment Exemptive Relief Order, including but not limited to, tracking and documenting trade allocations and approvals, as well as preparing materials for board reporting
Support the firm’s global data privacy program, including data collection, documentation, and process tracking
Assist with internal audits, regulatory exams, and information requests
Preparing materials for the quarterly BDC Board of Directors meetings
Assisting in ad hoc projects associated with US Regulatory Compliance as needed