Compliance Testing Officer

Employer
Wellington Management Company, LLP
Location
Boston, USA
Salary
Competitive
Posted
16 Jun 2022
Closes
16 Jul 2022
Ref
14948735
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
WELLINGTON MANAGEMENT

Wellington Management 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.

We are transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.

This is a distinct and exciting opportunity to join a recently formed Enterprise Risk business line dedicated to Wellington's expanding compliance and controls testing practice. The business is implementing a new Center of Excellence that seeks to expand the firm's programs relating to the testing, surveillance and monitoring of current and emerging regulatory compliance risks that arise in the ordinary course of our business. Team members will have the unique opportunity to participate in the design and execution of the strategic vision for the Global Forensics and Regulatory Testing Program. Working as a small, strategic team, this role offers the opportunity for high touch interaction across business lines and engagement with senior stakeholders.
Responsibilities
The Testing & Analytics Officers responsibilities include, but are not limited to:
  • Participate in the design and execution of the strategic vision and growth of the Global Forensics and Regulatory Testing Program
  • Lead and execute enhanced regulatory and forensics testing to address the firms risk specific to Market Manipulation, Sustainable Investing, Private Investments, emerging global regulations etc.
  • Actively participate in the development and maintenance of a risk based multi-year Global Regulatory Testing Plan through collaborative engagement with senior Compliance and Business leaders
  • Lead multiple test projects simultaneously, effectively manage timelines and expectations to deliver high quality work products with limited supervision
  • Lead and conduct Regulatory Tests and surveillance of firm activity to assess the firm's compliance and detect violations of policy and/or regulation
  • Negotiate risk proportionate actions through collaboration with stakeholders
  • Prepare well written, comprehensive, and timely reports and or escalations to stakeholders
  • Develop and maintain trusted partnership with senior stakeholders to gain an understanding of the controls, emerging risk for the areas under review to optimize the value of testing
  • Remain abreast of key emerging regulations to inform Test Plan and test design
  • Assist in the design, implementation and maintenance of the testing and surveillance tools partnering with key stakeholders from Compliance, Information Technology and vendor contacts
  • Manage and develop Testing & Analytics analyst
Qualifications
The successful candidate will possess the following qualifications:
  • College undergraduate degree with a minimum of 10 years of testing related experience in the asset management industry with knowledge of related rules and regulations strongly preferred
  • Strategic and critical thinker who is results oriented
  • Strong organization and project management skills
  • Working knowledge in data analytic tools, creating analytic workflows, building risk detection models preferred ( e.g., Tableau. Actimize, Alteryx, etc..) preferred
  • Strong interpersonal, oral and written communication/presentation skills
  • Knowledge/familiarity with compliance-related technologies
  • Capable of instilling confidence with senior leaders 1st and 2nd line; ability to influence without direct authority
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMCANINQ@wellington.com .

Similar jobs

Similar jobs