Chief Compliance Officer - Mutual Funds and ETFs


Date: Dec 29, 2021

Location: Jersey City, NJ, US

Company: New York Life Insurance Co


When you join New York Life, you’re joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally.




New York Life Insurance Company is seeking a Chief Compliance Officer (“CCO”) for the MainStay Mutual Funds and IndexIQ’s Exchange Traded Funds (“ETFs” and together with the MainStay Mutual Funds, the “Funds”).  The CCO will lead in the continuous design, management and administration of the Funds’ compliance programs.  


The CCO will have regular interaction with the Funds’ Board of Trustees (the “Board”), senior management, compliance, legal, portfolio management and operations personnel. The duties and responsibilities listed below are representative of the types of responsibilities the CCO may handle, but are not intended to be an exclusive list.  New York Life is looking for a team player to be an effective leader of the Fund compliance group. 



  • Oversee the implementation and execution of the Funds’ day-to-day compliance activities.
  • Continually enhance and supervise the Funds’ compliance programs.
  • Identify and resolve compliance issues.
  • Communicate and report on Fund compliance matters to senior management and the Board.
  • Manage, mentor and partner with the existing compliance team and support the individuals’ professional development.
  • Serve as point of escalation to resolve Fund related issues.
  • Oversee/perform Rule 38a-1 service provider testing and due diligence reviews with service providers.
  • Oversee/prepare recurring and special Board reports.
  • Oversee/prepare documents and reports and assist the Office of General Counsel with the review of the annual 15c memorandum.
  • Review and assess new, prospective and existing products from a compliance perspective.
  • Maintain current knowledge of regulations and laws providing thought leadership and direction as to their implications.
  • Oversee/review disclosure documents and ensure appropriate investment parameters and guideline monitoring controls are established and materials are reviewed appropriately.
  • Manage regulatory inquiries and examinations, as necessary.
  • Other duties as required.

    Qualifications and Experience
  • Minimum of 10-15 years’ experience in the investment management industry with a focus on investment company matters.
  • Strong knowledge of the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
  • The ideal candidate will be a highly regarded professional in the compliance community with a reputation for being a player/coach, an effective leader/manager who exemplifies the appropriate “tone from the top.”  The CCO will have proven his/her ability to develop and implement compliance solutions that are pragmatic, effective and forward looking.
  • The candidate will be able to work effectively with a diverse set of individuals and constituencies.  He/she must be well versed on the compliance and regulatory requirements that impact mutual funds and ETFs.  The CCO should possess a strong network of peers within the industry and be able to interpret regulatory changes and information and their relevance to the business. 
  • Excellent business judgment, the ability to integrate business issues and to partner with business leaders as well as with other key functional areas.
  • Bachelor’s degree; advanced degree a plus.
  • Willing to travel.
     Characteristics and Attributes
  • High level of integrity and professionalism.
  • Critical judgment in assessing potential compliance matters, the application of industry developments to the business and knowing when to seek independent advice and when to act independently.
  • Strong leadership and influencing ability.
  • Decisive and mature, with the ability to drive consensus.
  • Ability to tailor compliance solutions to business conditions.
  • Detail-oriented, organized, highly proficient CCO to work in a fast-paced, deadline driven environment, and able to solve complex problems in a collaborative manner.
  • Willingness and ability to adjust to multiple demands, shifting priorities, and rapid change.
  • Strong verbal and written communication skills.
  • Proficiency in the complete MS Office suite is required, especially in Excel, Word and PowerPoint.




Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by our Foundation. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Job Requisition ID: 83645




Nearest Major Market: New York City
Nearest Secondary Market: Newark

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