Job purpose:
- The Senior Compliance Officer will be responsible for various aspects of the funds’ Compliance programs
- The duties and responsibilities listed below are representative of the types of responsibilities the Senior Compliance Officer may handle but are not intended to be an exclusive list
- New York Life is looking for a proactive team player to be an engaged member of the Compliance team
- The position will have regular interaction with the Board of Trustees, senior management, service providers and subadvisers, regulators, and compliance, legal, portfolio management and operations personnel.
Your Responsibilities:
- Assist in monitoring and maintaining the compliance programs of the MainStay mutual funds and IndexIQ ETFs to ensure compliance with applicable laws and regulations
- Develop, implement, train and enforce effective current and new compliance policies and procedures in accordance with applicable laws and regulations
- Manage, coordinate, and conduct periodic and annual reviews and risk assessments of aspects of the funds’ compliance program, which may include the funds’ Rule 38a-1 policies, due diligence and trade monitoring
- Prepare compliance reports for the Board of Trustees of the funds and senior management
- Research, compile and draft responses to internal audits, regulatory inquiries and examinations, and other special projects
- Assist with formulating, communicating and leading a strategic vision for the funds’ compliance program
- Stay current with regulatory and industry developments to help identify potential areas of vulnerability and risk and develop controls to mitigate these risks
- Provide guidance and support to functional business units and interact with personnel at all levels of New York Life’s various business units
- Special projects as required.
Skills/Qualifications:
- A minimum of 5 years of Registered Fund compliance experience (including experience related to ETFs)
- Demonstrable knowledge of U.S. securities laws, particularly the Investment Company Act of 1940, the Investment Advisors Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934 and other SEC, CFTC & FINRA regulations
- Experience with order management systems and custodial systems as it relates to monitoring of client accounts and the set-up of new rules, accounts and securities
- Experience in managing regulatory dialogues, coordinating regulatory examinations, and responding to regulatory inquiries
- Bachelor’s degree; advanced degree a plus
- Travel may be required.
Source: for more information click here.
