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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?
The Senior Associate, Policies and Procedures, will play a critical role in ensuring our compliance with the Investment Company Act of 1940 and the Investment Advisers Act of 1940. This position requires in-depth knowledge of these acts, the ability to develop and implement comprehensive training programs, excellent interpersonal skills, effective communication, and strong writing abilities. We’ll trust you to::
Compensation Information: Annual base salary for this role is $160,000 - $190,000. Salary is estimated for this role. Actual pay may be different.
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.
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?
The Senior Associate, Policies and Procedures, will play a critical role in ensuring our compliance with the Investment Company Act of 1940 and the Investment Advisers Act of 1940. This position requires in-depth knowledge of these acts, the ability to develop and implement comprehensive training programs, excellent interpersonal skills, effective communication, and strong writing abilities.
- Policy and Procedure Development: Develop, review, and enhance policies and procedures in accordance with the Investment Company Act and the Investment Advisers Act, ensuring alignment with regulatory requirements and industry best practices.
- Training Program: Design, implement, and manage a comprehensive training program to educate employees on compliance with relevant regulations. This includes creating training materials, conducting training sessions, and tracking employee progress.
- Regulatory Compliance: Stay current with regulatory changes and updates related to the Investment Company Act and the Investment Advisers Act. Ensure that policies and procedures are continually updated to remain in compliance.
- Interdepartmental Collaboration: Collaborate with various departments, including Legal, Operations, and Risk Management, to ensure that policies and procedures are understood and effectively implemented across the organization.
- Documentation: Maintain thorough documentation of all policies, procedures, and training materials. Prepare reports for management and regulatory authorities as required.
- Communication: Communicate changes in policies and procedures to relevant stakeholders and provide guidance on compliance matters. Address inquiries and concerns promptly.
- Quality Assurance: Conduct periodic reviews and audits to assess the effectiveness of policies and procedures and identify areas for improvement.
- Reporting: Prepare and submit regulatory filings and reports as necessary, ensuring accuracy and timeliness.
- Bachelor's degree in Finance, Business, or a related field; advanced degree or relevant certification (e.g., CFA, CSCP, or similar) is a plus.
- Minimum of 5-10 years of experience in a compliance role within the asset management industry, with a focus on the Investment Company Act and the Investment Advisers Act.
- Strong knowledge of relevant regulations and industry standards.
- Proven experience in developing and delivering compliance training programs.
- Excellent interpersonal and communication skills, with the ability to work effectively across different levels of the organization.
- Strong writing skills with the ability to draft clear and concise policies, procedures, and reports.
- Detail-oriented and highly organized, with the ability to manage multiple tasks and meet deadlines.
- Proficiency in Microsoft Office Suite, particularly Word, Excel, and PowerPoint.
- Familiarity with compliance software and tools is a plus.
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-Led - 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 - Embraces our mission: Securing a sustainable future for our clients, people, and world.
We are honored to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments and scored 100% on the Human Rights Campaign’s Corporate Equality Index, a measure of LGBTQ+ workplace equality.
Compensation Information: Annual base salary for this role is $160,000 - $190,000. 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.
