Senior Regulatory Compliance Specialist
6 days ago
Wellington Management Company, LLP offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
Job Overview
The Senior Regulatory Compliance Analyst will support Wellington Management's compliance program, focusing primarily on the rules and regulations governing US registered investment companies and other elements of Wellington's Americas funds line up. Wellington Management is expanding the range of its activities with respect to US registered investment companies and a key responsibility of this role will be assessing the firm's compliance infrastructure against these growth initiatives and implementing enhancements where necessary.
Key Responsibilities:
- Driving the continued development and future maintenance and improvements of Wellington's Investment Company Act compliance program, and ongoing support of Wellington's growing funds business
- Providing regulatory risk management advice and support, including policies & procedures, controls, and policy exceptions, regulatory rules, supervision, etc.
- Reviewing Investment Company-related and other regulatory rule proposals, amendments and regulatory developments and driving the evaluation of their impact on Wellington's funds business practices
- Recommending enhancements to supervisory processes, internal controls and internal testing
- Responding to regulatory inquiries and examinations
- Developing and conducting regulatory training, where appropriate
- Collaborating with EMEA and APAC compliance colleagues and the broader Legal, Compliance and Risk Group to drive coordinated outcomes
Requirements:
- 5+ years of relevant investment adviser and investment company compliance experience (interval fund and ETF compliance experience highly preferred)
- Familiarity with the Investment Advisers Act and other rules and regulations applicable to Wellington Management
- Ability to self-start and think creatively
- Strong business judgment and global mindset
- Excellent written and oral communication skills. Strong presentation skills and comfort presenting in large groups with senior business management
- Ability to synthesize, condense and convey complex regulatory and policy information to key stakeholders in clear and simple terms
- Ability to influence outcomes through collaboration and well-developed advice
- Ability to apply analytical and decision-making skills in a collaborative and fast-paced, growth-oriented environment
- Prior success identifying, developing/planning and implementing projects that mitigate risk and lead to improved and scalable workflows
- Experience using data analysis tools and/or other technology solutions to strengthen internal controls a plus
Compensation and Benefits:
The base salary for this position ranges from $100,000 to $225,000 annually, depending on qualifications and experience. We offer a comprehensive benefits package, including health insurance, retirement plan, flexible spending accounts, and paid time off. In addition, we provide opportunities for professional development and advancement within the company.
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