Compliance Officer, VP

LGBT Great; New York (NY); On-site; USD 137,000 - 195,000; Full time

Job summary

An established industry player is seeking a dynamic Compliance Officer to join its global compliance team. This role is pivotal in ensuring adherence to regulatory standards and internal policies for various investment products. The successful candidate will engage in developing compliance programs, conducting risk assessments, and collaborating with various departments to address regulatory matters. This position offers a unique opportunity to work in a high-performance culture that values diverse thinking and integrity. If you are a motivated self-starter with a strong compliance background, this role is perfect for you.

Qualifications

• 3-5 years of experience with Registered ‘40 Act products.
• Strong analytical and communication skills are essential.

Responsibilities

• Develop and implement compliance programs for U.S. Registered Funds.
• Collaborate with teams to address regulatory matters and risks.

Skills

Compliance Knowledge

Analytical Skills

Communication Skills

Regulatory Knowledge

Organizational Skills

Team Collaboration

Education

Bachelor’s degree

Tools

MS Office Suite

Job description

Compliance Officer, VP

at PIMCO

On-site New York, New York, United States Full-time Posted 3 days ago

Description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence.

Role Overview

PIMCO is seeking a dynamic Compliance Officer to join its global compliance team within the Legal and Compliance Department. This role will support the U.S. Registered Funds program, which includes open-end funds, exchange-traded funds (ETFs), closed-end funds, business development companies (BDCs), and interval funds. The successful candidate will be based in one of PIMCO’s U.S. offices and will play a critical role in ensuring compliance with regulatory standards and internal policies.

Responsibilities

1. Support the development and implementation of the U.S. Registered Funds compliance program, collaborating with the Legal and Compliance Department to evaluate risks and adherence to policies and procedures by relevant business groups and service providers.
2. Participate in the ongoing implementation and execution of the Fund’s risk assessment and testing program, including:
1. Assessing key business processes and critical business risks and controls.
2. Documenting a written testing plan and compliance testing procedures.
3. Executing testing of procedures and internal controls in critical business areas.
4. Evaluating, documenting, and presenting results of test work.
5. Identifying enhancements and remedial actions to address compliance observations.
3. Assist with the oversight of the Fund’s service providers by executing due diligence as determined by the Fund’s Chief Compliance Officer (CCO) and members of the Legal and Compliance department, including:
1. Reviewing relevant service provider policies and procedures, including material changes.
2. Reviewing periodic certifications and annual due diligence questionnaires to identify issues for escalation and resolution.
3. Executing surveillance to monitor key risks and controls related to Fund service providers.
4. Monitoring issues and documenting resolutions for recordkeeping and reporting purposes.
5. Assisting in coordination meetings with business stakeholders responsible for service providers.
4. Collect information to assist in the efficient preparation of quarterly, annual, and periodic reporting to the Board of Independent Trustees.
5. Collaborate with various teams and departments, including Legal and Operations, to identify and address regulatory matters.
6. Take initiative in learning and applying new skills and regulations.
7. Uphold a strong sense of integrity, consistently aligning with PIMCO’s values and ethical principles.

Requirements

1. Bachelor’s degree or equivalent.
2. Approx. 3-5 years of work experience focused on Registered ‘40 Act products, ideally within a global bank, major financial services firm, or global asset manager.
3. Prior experience with ’40 Act products, including the fund types mentioned.
4. Proficient in MS Office Suite, including Word and Excel.
5. General knowledge of regulatory requirements applicable to U.S. investment managers and broker-dealers, including the Investment Company Act of 1940 and Investment Advisers Act (knowledge of FINRA rules is a plus).
6. Strong background in fixed income, alternatives, derivatives, commodities, and equity strategies offered in various investment products.
7. Excellent communication and presentation skills, with the ability to articulate clear ideas and strategies.
8. Strong analytical and issue-spotting skills, with a critical thinking mindset.
9. Ability to balance regulatory and policy standards with a practical business perspective.
10. Highly motivated self-starter willing to identify opportunities for enhancement.
11. Exceptional organizational skills, with the ability to prioritize tasks, follow up, produce accurate work, and meet strict deadlines.
12. Highly flexible and multi-task oriented, capable of adapting to changing business demands.
13. Consensus builder and team player with cultural sensitivity to work effectively in a global organization.

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance. Salary Range: $137,500.00 - $195,000.00.

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws.