Regulatory Compliance, Principal

Blue Owl Capital Inc.; Short Hills (NJ); On-site; USD 215,000 - 225,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)

Flexible Spending Account

Short Term Disability

Long Term Disability

Paid Time Off

Job summary

Blue Owl Capital Inc. seeks a Principal for Regulatory Compliance in Short Hills, NJ, to lead the firm’s 1940 Act framework for BDCs, registered funds, and other products, coordinating governance for Boards and Audit Committees with policy updates in a fast-paced setting.

The role requires 10+ years in investment management compliance, deep 1940 Act expertise, and strong communication; you will drive cross-functional initiatives including ESG, cybersecurity, AI governance, and data privacy.

Qualifications

• 10+ years of experience in investment management compliance.
• Deep expertise in the 1940 Act and related rules.
• Experience supporting BDCs, registered funds, or public company boards is a plus.
• Excellent written and verbal communication skills.

Responsibilities

• Lead components of the 1940 Act compliance framework for investment products.
• Manage D&O compliance for corporate and fund Boards.
• Coordinate Board and Audit Committee governance activities.
• Monitor developments and advise on policy updates.
• Support cross-functional initiatives including ESG, cybersecurity, AI governance, and data privacy.
• Mentor junior members and partner with Compliance leadership.

Skills

Regulatory compliance

1940 Act expertise

Board governance

D&O compliance

Project leadership

Education

Bachelor’s degree or higher

Job description

## Regulatory Compliance, PrincipalApplylocations: Short Hills, NJtime type: Full timeposted on: Posted 30+ Days Agojob requisition id: R-102063Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.With over $315 billion in assets under management as of March 31, 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 1,390 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* 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 escalate issues appropriatelyThe base annual salary range for this New Jersey-based position will be $215,000 - $225,000. Actual salary 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, and Leave of Absences. All such benefits are subject to the terms/conditions of the Company’s benefits plans 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.