Senior Compliance Associate, Testing & Data

Lord Abbett•Jersey City, NJ

About The Position

The Compliance Senior Associate, Testing and Data is responsible for conducting global compliance monitoring and testing activities to ensure that the organization adheres to legal, regulatory, and internal policies and standards. This role requires an individual with the ability to work independently with various stakeholders and to manage and deliver a portfolio of global compliance initiatives.

Requirements

Bachelor’s degree, preferably in business, finance, accounting, or related field, or at least five years of experience in compliance, audit, regulatory, or risk management functions
Knowledge of laws and regulations such as FINRA rules, SEC rules, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and UCITS
Strong proficiency in Microsoft Word and Excel
Strong analytical and problem-solving skills
Clear and concise written and verbal communication skills
Organized with strong attention to detail, ability to deliver high-quality results within deadlines
Ability to work in a dynamic, collaborative, and high-performing team
Strong sense of ownership/accountability
A team player with strong interpersonal skills
Self-starter; proactive approach to work assignments

Responsibilities

Perform compliance testing of policies and procedures in accordance with Investment Company Act Rule 38a-1, Investment Advisers Act Rule 206(4)-7 and other regulatory requirements
Review, enhance/redesign, and execute Compliance processes including monitoring activities
Document findings, assessment of issues, and recommendations in detailed written reports
Communicate testing and monitoring activities and issues in a clear and concise manner to management and stakeholders
Track and monitor remedial actions to closure
Lead Compliance initiatives documenting requirements and project managing activities to implementation
Collaborate with internal partners to embed data analytics into key processes
Stay current on the regulations, including SEC risk alerts, examination priorities, policies, and best practices relevant to Lord Abbett’s business
Develop and maintain effective partnerships with investment, client services, risk, and technology teams as well as third party service providers, as applicable