Investment & Trade Compliance, Senior Associate/Vice President,

Job Posted 10/27/2024
PineBridge Secondary Partners V Fund GP SARL
NY
United States
Job Description

Investment & Trade Compliance, Senior Associate/Vice President, Compliance New York 

PineBridge Investments is a private, global asset manager focused on active, high conviction investing. We draw on the collective power of our experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. Our mission is to exceed clients’ expectations on every level, every day. As of 30 June 2024, the firm managed US $169.7 billion across global asset classes for sophisticated investors around the world. 

The role will be based in New York with the expectation of a hybrid work model. 

 

PineBridge is seeking an Investment & Trade Compliance Senior Associate/Vice President to assist the PineBridge Global Compliance Team in the oversight of compliance of the asset management business and specifically the provisions of relevant securities laws. The successful candidate should be able to monitor client portfolios and perform the daily compliance of the asset management business in accordance with the relevant regulatory and internal policies and procedures. 

 

Primary Responsibilities: 

  • Support the Head of Global Investment Compliance with compliance queries ranging from local, regional and global tasks and projects to strengthen the Investment Compliance globalization process. 

  • Oversee daily systems checks and ensure the proper Compliance advice is given to both the Traders and Investment Professionals both locally and globally. This includes but not limited to the monitoring Bloomberg systems for Trade Surveillance, Compliance and Violations management. 

  • Monitor and resolve Bloomberg AIM (BBG) and Sentry PM post-trade alerts for portfolios and funds. 

  • Regularly interact with Portfolio Managers and other staff to assist in resolving compliance-related issues. 

  • Work together with Middle Office, BBG Administrators and BBG Representatives to resolve data and system issues. 

  • Thoroughly review client documents and extract compliance restrictions from the incorporated guidelines. 

  • Code, test and implement BBG and Sentry PM compliance rules derived from client guidelines, regulatory restrictions and internal mandates. 

  • Provide support gathering information needed to conduct reviews (internal and external) on client portfolio adherence with investment guidelines and restrictions 

  • Review initial contracts/prospectuses and subsequent updates and provide feedback on the monitoring capabilities. 

  • Support the Compliance team with general compliance queries ranging from local, regional and global compliance matters to continue strengthening the compliance bench. 

  • Perform various trade compliance reviews (e.g. fair allocation, trade authorization, account and best execution reviews). 

  • Monitor soft dollar activity including periodic requests for approval. 

  • Interact with internal and external auditors, and regulators. 

  • Assist on special projects, perform analysis, forensic testing and ad hoc assignments 

 

Qualifications: 

  • Bachelor’s degree from an accredited institution. 

  • Minimum 1-5 years plus of relevant work experience. 

  • Must be familiar with utilizing a portfolio trade monitoring system in the operations of a registered investment adviser, bank, asset management department, hedge fund or other financial institution. 

  • Experience with Bloomberg AIM  

  • Basic understanding of the Investment Advisers Act of 1940, Investment Company Act of 1940, ERISA or awareness of other federal regulatory statutes and laws. 

  • Prior experience reviewing investment management agreements or prospectuses. 

  • Good understanding of back-office procedures. 

  • Strong proficiency with PowerPoint and Excel , including experience using MS Office software. 

  • Excellent attention to detail with a sense of urgency and follow-through. 

  • Strong ability to interact effectively with peers. 

  • Excellent communication and interpersonal skills. 

 

About PineBridge 

PineBridge is proud of our award-winning culture, which reflects our commitment to empowering employees and fostering a collaborative work environment. For four consecutive years (2020-2023), PineBridge has been named a Best Place to Work in Money Management by Pensions & Investments, a leading industry designation which recognizes the best employers in the asset management industry by evaluating employer benefits, policies, and responses to an employee survey. In 2023, PineBridge received Hong Kong Institute for HR Management Elite awards for Best Workplace and Learning & Development. Alongside this, PineBridge was recognized as a finalist at the 100 Women in Finance’s APAC Industry Diversity, Equity & Inclusion Award. 

Our benefits: We offer a wide range of family friendly benefits including comprehensive healthcare, back-up childcare program to support working parents and flexible work arrangements so you can be there for the people you care about. We also provide a competitive retirement plan and tuition reimbursement. Furthermore, we have a robust list of professional development opportunities with the goal of engaging, retaining, and developing our talent.  

Our values: We value our clients, investment excellence, collaboration with our distributed team members, empowerment, and independence as we honor our heritage and our roots. 

  

*Salary Range: $125k-$145k annually + benefits 

*The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors. 

 

PineBridge is proud to be an Equal Opportunity Employer committed to diversifying its workforce, providing equal employment opportunity for all qualified persons and maintaining an environment free from all forms of harassment and discrimination for its employees. PineBridge is dedicated to recruiting, hiring, training and promoting into all job levels the most qualified applicants without regard to actual or perceived age, race, creed, color, religion, national origin, ancestry, height, weight, sex, gender (including gender identity), disability, pregnancy, marital status, domestic partner status, sexual orientation, AIDS/HIV status, military status, alienage or citizenship status, genetic information, domestic violence victim status or any other basis protected by applicable federal, state or local laws. At PineBridge, we strive to create an inclusive environment that attracts, retains, and develops the best global talent, leveraging the unique backgrounds, talents, and perspectives that all our people bring to work.