Compliance Associate Jobs in New Jersey

The Role

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 ability to work independently with various stakeholders and to manage and deliver a portfolio of global compliance initiatives.

We’ll Trust You To

- 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

You'll Need To Have

- Bachelor’s degree, preferably in business, finance, accounting, or related field, or at least ten 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

Why Lord Abbett?

Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.
- Principles-Based - We empower our leaders to create an environment of trust.
- Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
- Purpose-Driven - We instill a passion for always putting our clients' interests first.

We have been ranked #1 in Barron’s Best Fund Families for 2024 and have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.

Compensation Information:

Annual base salary for this role is $190,000 - $215,000. Salary is estimated for this role. Actual pay may be different. Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.

Benefits:

Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans.

Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

Important notice to Search Firms - Please Read Carefully
Without prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.