Investments Compliance Officer – Manager Due Diligence & Oversight Compliance Officer

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You’ll Work With

Corebridge’s Investments Compliance team is a corporate function that provides overall Compliance support and oversight to Investments and consists of certain centralized functions providing cross platform coverage of Code of Ethics & Employee Compliance, Portfolio Monitoring, Anti-Money Laundering (“AML”) & Economic Sanctions, Regulatory Filings and other cross-functional topics, and subject matter experts (“SME”) responsible for specific asset classes. 

About the role
The Investments Compliance team is seeking an experienced Compliance Officer who will join in the execution of the compliance program, conducting operational and compliance due diligence (“ODD”) on third-party investment managers, and managing and executing the compliance program over the manager-of-managers team. The Compliance Officer will summarize findings and their assessment of the manager in a report that is presented to the Investment Committee. 

In some instances, the Compliance Officer will research the laws, rules, and requirements of the manager’s applicable foreign jurisdiction and adapt the due diligence process to evaluate the manager on the applicable risks.

In addition, the Compliance Officer will be responsible for the ongoing execution of various “run the firm” compliance routines aligned with requirements of the SEC, FCA, and state insurance regulators. This role has potential scope for assignment of additional responsibilities and routines that are aligned with the candidate’s aptitude, background, or desire for career progression. 

All elements of this role will require regular interaction with portfolio managers, operations, legal, other members of the Investments compliance team, and staff of third-party investment managers. 

The ideal candidate for this role is comfortable having two major responsibilities within a larger compliance program and team.  The ideal candidate understands the fundamentals of a registered investment adviser’s compliance program and other applicable laws, rules, and regulations, and uses this knowledge to evaluate the effectiveness of a third-party manager’s Compliance program.  The candidate also understands the middle and back-office operational functions of private fund managers, particularly private equity managers. 

The candidate must be comfortable corresponding with, asking questions of, and challenging, when necessary, third-parties in one-on-one interactions. 

To realize this opportunity, the candidate must be a self-starter who is eager to learn by proactively engaging business unit colleagues to learn the nuances of their asset classes and design the AML & Economic Sanctions program accordingly.  In doing so, the candidate must be able to think beyond individual tasks to consider past/related “lessons learned” to ultimately be successful. 

Skills & Qualifications

• Must have at least 10 years of experience executing compliance routines related to a registered investment adviser

• Experience with private equity as an asset class is ideal, but not required

• Experience with public fixed income or private investments will be beneficial

• Must be highly organized and able to manage mapping written responses to a 100+ question DDQ to voluminous policy and procedure manuals

• Must be proficient in business writing skills and able to describe operational and compliance risk in a written report to an audience who are not experts in compliance

• Must be proficient in MS Word and Excel

• Must be able to meet deadlines with competing priorities. 

• High degree of intellectual curiosity and willingness to self-learn through reading regulatory releases and publications, inquiring with business and process owners, and applying past experiences from similar scenarios to current tasks and challenges

• Ability to execute with independence, knows “what to do next” without instruction

• Ability to confront conflict and difficult issues in a professional, assertive, collaborative and proactive manner

• Ability to work as a team, share knowledge and coordinate amongst peers to achieve a common goal

• Highly organized, with the ability to verify, inspect, and record documentation supporting results and disposition of matters

Compensation

The anticipated base salary range for this position is $140,000 to $160, 000 at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

This position is based in Corebridge Financials' Jersey City OR Houston office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

Estimated Travel

May include up to 25%

 

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

CP - Compliance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

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