Compliance Associate

Category
Corporate Services
City
Jersey City

The Role

About Lord Abbett:

 

Founded in 1929, Lord Abbett is an independent firm with a singular focus on the management of money. Over the course of our history, we’ve earned a sterling reputation for our leadership, influence, and innovation in the asset management industry. Today, our independent perspective, our commitment to active management, and our intelligent product design continue to make us relevant to individual and institutional investors.

 

From the very beginning, we’ve recognized that our people are our greatest asset. As an investment-led, investor-focused firm, we value intellectual curiosity, teamwork, and collaboration across the organization.

 

We’re looking for people with a keen interest in working for a trusted leader in the asset management industry, a desire to expand their knowledge, and a passion for delivering a client experience that exceeds expectations.

 
Now that you know our history, are you ready to be part of our future?

 

Job Overview:

 

The Compliance Associate will support Lord Abbett’s Control Room covering core investment and employee-related compliance functions, including personal trading, Code of Ethics administration, control room activities, and information barrier oversight. This role works closely with members of the Global Compliance team to help ensure compliance with regulatory requirements, firm policies, and fiduciary obligations, while supporting both traditional and alternative investment businesses.

We’ll trust you to:

  • Serve as a day-to-day Compliance contact for employee personal trading and Code of Ethics–related matters.
  • Pre-clear employee personal trades and conduct post-trade surveillance to identify potential violations.
  • Perform daily data validation related to personal trading and restricted securities.
  • Address, escalate, and help remediate violations or potential violations of the Personal Trading Policy and Code of Ethics.
  • Assist with maintenance of the firm’s Restricted and Watch Lists.
  • Conduct initial transaction conflict checks to identify potential conflicts of interest across the firm’s traditional and alternative investment activities.
  • Support the firm’s Control Room function, including monitoring and chaperoning of communications (electronic, voice, and in-person) in accordance with firm policies.
  • Assist with the administration of quarterly and annual employee certifications.
  • Review and respond to employee requests related to outside business activities, political contributions, and gifts and entertainment.
  • Initiate and manage Rule 3210 correspondence and coordinate with applicable broker-dealers to establish and maintain electronic data feeds for employee trading activity.
  • Assist with the preparation of regulatory filings and responses to regulatory inquiries.
  • Support compliance-related training for new hires and business partners, including training related to alternative products and information barriers.
  • Contribute to the review and enhancement of compliance policies and procedures, particularly those related to personal trading, conflicts of interest, and confidential information.
  • Assist with user acceptance testing for compliance system implementations and upgrades.
  • Support regulatory change management efforts impacting investment and employee compliance matters.
  • Execute ad hoc compliance projects and assist with other day-to-day investment compliance activities, as needed.

You'll need to have:

  • A Bachelor’s degree in finance, business, or a related field.
  • Two to five years of experience in financial services compliance; experience with personal trading, Code of Ethics, Control Room, or investment-related compliance is a plus.
  • Strong attention to detail and the ability to manage multiple priorities effectively.
  • The ability to handle sensitive information with discretion and sound judgment.
  • Excellent written and verbal communication skills.
  • Proficiency in Microsoft Excel and other relevant software or compliance systems.
  • A collaborative mindset and the ability to work effectively with compliance colleagues and business partners across multiple functions.

Why Lord Abbett?

Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.

  • Principles-Based - We empower our leaders to create an environment of trust.
  • Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
  • Purpose-Driven - We instill a passion for always putting our clients' interests first. 

We were honored to be ranked #1 in Barron’s Best Fund Families for 2024 and to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.

 

Compensation Information: Annual base salary for this role is $100,000 - $120,000. Salary is estimated for this role. Actual pay may be different.

Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance. 

Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett

 

Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

 

Important notice to Search Firms - Please Read Carefully
Without prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.

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