Regulatory Compliance, Principal

Blue Owl Capital; New York (NY); On-site; USD 215,000 - 225,000; Full time

Benefits offered by this job

Health, Dental and Vision insurance

401(k)

Flexible Spending Account

Short Term Disability insurance

Long Term Disability Insurance

Family Planning Support

Paid Time Off

Leave of Absences

Job summary

Blue Owl Capital seeks an experienced Principal for Regulatory Compliance to lead key workstreams under the Investment Company Act of 1940, supporting BDCs, registered funds and other 1940 Act products. The role involves governance of Board and Audit Committee processes, and collaboration with Legal, Finance, and operations across the firm.

The ideal candidate has deep 1940 Act knowledge, strong governance experience, and an ability to lead complex projects while mentoring others.

Qualifications

• Bachelor’s degree or higher.
• 10+ years of work experience in investment management, financial services, or industry compliance.
• Deep expertise in the 1940 Act and related rules.
• Experience with private markets, real assets, or private funds is a plus.
• Strong written and oral communication; ability to present to senior leadership.

Responsibilities

• Lead 1940 Act compliance framework for BDCs, registered funds, and other products; coordinate regulatory requirements.
• Manage D&O compliance for corporate and fund Boards; monitor related party transactions and Section 16 reporting.
• Coordinate Board and Audit Committee governance; prepare materials and follow up on issues.
• Monitor regulatory developments and SEC guidance; advise on policy updates for compliance.
• Develop and enhance compliance program for 1940 Act products; support launches and new regulations.
• Own the framework for fee and expense governance; coordinate with Finance and Legal.
• Support cross-functional compliance initiatives: ESG, cybersecurity, AI governance, data privacy.
• Drive strategic initiatives; mentor junior staff; advise Compliance leadership.

Skills

Leadership

Communication

AI governance

Cross-functional collaboration

Strategic thinking

Education

Bachelor’s degree or higher

Job description

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With over $319 billion in assets under management as of June 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

The Role:

The Blue Owl Compliance Department is seeking an experienced Principal for its Regulatory Compliance team. The candidate will report to the team lead and be responsible for managing key workstreams focused on compliance with the Investment Company Act of 1940, including compliance support for Blue Owl’s Business Development Companies (BDCs), registered closed-end funds, and other 1940 Act products, among other areas. The role will also encompass governance of Blue Owl Board and Audit Committee processes, director obligations (including D&O matters), and coordination of regulatory and governance deliverables across Blue Owl’s public company and registered fund platforms.

In addition, the candidate will support a range of workstreams including fee and expense governance, as well as cross-functional compliance initiatives such as ESG, cybersecurity, AI governance, and data privacy. This role requires close collaboration with Legal, Finance, Operations, and other business stakeholders across the firm.

The ideal candidate must be detail-oriented with strong knowledge of the 1940 Act regulatory framework and public company corporate governance practices. The candidate should have the ability to lead and execute complex projects in a timely manner, working with the larger team across the Compliance Department, Legal, and the firm’s Board of Directors.

Responsibilities:

• Lead key components of the firm’s 1940 Act compliance framework for BDCs, registered closed-end funds, and other registered investment products, including coordination of regulatory requirements and ongoing compliance processes
• Manage D&O compliance matters for both the corporate Board and registered fund Boards, including director questionnaires, related party transaction monitoring and disclosure, and Section 16 reporting requirements
• Coordinate Board and Audit Committee governance processes, including preparation and review of materials and follow-up on key matters
• Monitor regulatory developments and SEC guidance affecting registered investment products and advise stakeholders on compliance implications and required policy updates
• Assist in development and enhancement of the compliance program for 1940 Act registered products, including providing support for new product development, fund launches, and implementation of new regulations
• Own the compliance framework for fee and expense governance, including allocation methodologies, monitoring, disclosures, and ongoing oversight in coordination with Finance, Legal, and the business
• Support cross-functional compliance initiatives, including ESG, cybersecurity, AI governance, and data privacy
• Drive strategic and ad hoc compliance initiatives, mentor junior team members, and serve as a trusted advisor to Compliance leadership and the broader firm

Qualifications:

• Bachelor’s degree or higher
• 10+ years of work experience in investment management, financial services, or industry-related compliance, with deep expertise in the 1940 Act and related rules
• Experience in private markets, alternative investments, real assets, and/or private funds; prior experience supporting BDC, registered closed-end fund, or public company boards a plus
• Excellent organizational, oral and written communication skills, including the ability to effectively present to senior leadership
• Leverage AI as a tool to drive efficiency
• Ability to effectively drive solutions throughout the firm and present ideas in an effective, consensus-driven manner
• Ability to develop and foster strong interpersonal relationships and to maintain effective cross-functional business relationships throughout the firm
• Detail-oriented with the ability to assess and prioritize projects, manage multiple workstreams simultaneously, and elevate issues appropriately

The base annual salary range for thisNew Jersey-based position will be $215,000 - $225,000.Actualsalary offered will be based on the candidate’s skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Benefits for this role include

• Health, Dental and Vision insurance
• 401(k)
• Healthcare and Dependent Care Flexible Spending Account
• Short Term Disability insurance
• Long Term Disability Insurance
• Family Planning Support
• Paid Time Off
• Leave of Absences

All such benefits are subject to the terms/conditions of the Company’sbenefitsplans and policies.

Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.