Vice President, Compliance Officer - Generalist

Recruiter
PIMCO
Location
Austin, USA
Salary
Competitive
Posted
15 Sep 2021
Closes
15 Oct 2021
Ref
12084238
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $2.22 trillion in assets for clients around the world. PIMCO has over 3,000 employees in 20 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

Position Description:

PIMCO seeks a dynamic individual to serve as a Vice President, Compliance Officer within the global compliance team of PIMCO's Legal and Compliance Department. The Compliance Officer will support the investment adviser and U.S. Registered Funds compliance program which generally consists of: the implementation of large scale regulatory requirements, responding to prospect-client inquiries about the firm's compliance program, monitoring compliance policies and conducting annual review testing. A highly qualified candidate could be based in PIMCO's New York or Austin, Texas office.
The Compliance Officer will be responsible for supporting the firm's compliance program by: performing testing of relevant compliance policies and procedure to satisfy annual review requirements, documenting compliance matters and reviewing compliance program records for accuracy and completeness.
A successful candidate will be expected to maintain a general understanding of related investment company, broker-dealer and investment advisory compliance policies.

Key responsibilities include, but are not limited to:
  • Support the development and implementation of the investment adviser and Funds compliance program, working closely with members of the Legal and Compliance Department to evaluate identified risks and adherence to policies and procedures by relevant business groups and service providers
  • Experience with evaluating evolving regulatory requirements and supporting compliance program enhancements designed to prepare business partners and the firm for compliance with new rules
  • Experience evaluating external requests for information and drafting appropriate responses regarding the Firm's compliance program
  • Experience reviewing and drafting internal memoranda related to compliance program violations and matters
  • Participate in the ongoing implementation and execution of risk assessments and testing programs, including:
    • assessing key business processes and critical business risk and controls;
    • developing and updating internal risk matrices;
    • documenting a written testing plan and compliance testing procedures;
    • executing testing of procedures and internal controls of critical business areas;
    • evaluating, documenting and presenting results of test work; and
    • identifying enhancements and remedial actions required to address compliance observations
    • conducting and documenting oversight of designated service providers
  • Collect information to assist in the efficient preparation of quarterly, annual and periodic reporting to clients and Boards of Independent Trustees
  • Work with members of various teams within Compliance and other PIMCO departments including Legal and Operations to identify and address regulatory matters
  • Must take initiative in learning and applying new skills and regulations
  • Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of PIMCO


Position Requirements:

  • Prior regulatory compliance experience with regulated entities including investment advisers, broker-dealers and investment companies will be considered favorably
  • Excellent communication and presentation skills including the ability to articulate clear ideas/strategies
  • Intelligent, bright, critical thinker, and a quick learner with the ability to assess a situation and identify issues for further action
  • Ability to balance regulatory and policy standards along with a practical business perspective
  • A highly motivated self-starter with the willingness to "roll up your sleeves" and identify opportunities for enhancement
  • Exceptional organizational skills; the ability to effectively prioritize tasks, follow up, produce consistently accurate work, and meet strict deadlines
  • Highly flexible, multi-task oriented: capable of changing directions based on business demands
  • Consensus builder and team player with demonstrated self-awareness, cultural skills, and sensitivities to work effectively in a global organization

ROLE REQUIREMENTS
  • Bachelor's degree or equivalent
  • 5-7 years of work experience focused on Registered '40 Act products, ideally at a major financial services firm or accounting firm working in compliance or audit; strong preference for Big 4 Risk Advisory experience
  • Strong attention to detail, analytical and issue-spotting skills
  • Ability to communicate clearly and effectively in a written and oral manner
  • Ability to work independently and be a strong team player
  • Substantial initiative, creativity and drive
  • Efficiently utilize tools such as Excel spreadsheets, macros, query tools, and external databases
  • Utilize effective time management skills to maintain a commitment to quality and attention to detail; ensure that all work is completed accurate and on time
  • General knowledge of regulatory requirements applicable to US investment managers and broker-dealers, including the Investment Company Act of 1940 and Investment Advisers Act (knowledge of FINRA rules is a plus)
  • Strong background in fixed income, alternatives, derivatives, commodities and equity strategies offered in a variety of investment products including (i.e., open-end mutual funds, closed-end funds, ETFs, separate accounts and private funds)


Benefits:

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
  • Medical, dental, and vision coverage
  • Life insurance and travel coverage
  • 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
  • Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
  • Community involvement opportunities with The PIMCO Foundation in each PIMCO office

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