Corporate Vice President, Compliance Officer

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Date: Aug 4, 2022

Location: New York, NY, US

Company: New York Life Insurance Co

 

 

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

 

New York Life Insurance Company is seeking a Compliance Officer for MacKay Shields LLC (“MacKay Shields”), a wholly owned subsidiary.  MacKay Shields, a SEC registered investment adviser, is a fixed income and equity investment management firm with approximately $144 billion in assets under management as of May 31, 2022. The position will report directly to the Chief Compliance Officer of MacKay Shields, and is located in New York, NY.

 

The Compliance Officer will be responsible for various aspects of the MacKay Shields’ Compliance programs. The duties and responsibilities listed below are representative of the types of responsibilities the Compliance Officer may handle, but are not intended to be an exclusive list.  New York Life and MacKay Shields are looking for a proactive team player to be an engaged member of the Compliance team.  The position will have regular interaction with senior management, compliance, legal, portfolio management and operations personnel.

 

 

Responsibilities

 

  • Assist in developing, monitoring, and maintaining effective compliance policies and procedures in accordance with applicable laws and regulations.
  • Assess and test the Firm’s compliance with various policies and procedures including, without limitation, Anti-Money Laundering, Personal Political Contributions, Personal Trading, Outside Business Activities, and Gifts and Entertainment.
  • Assist in coordinating and preparing reporting packages for Compliance, Brokerage, and other Committee meetings.
  • Assist in the preparation of regulatory filings (e.g., For ADV, Form PF, Section 13 filings, Form D).
  • Assist in coordinating responses to internal audits, SOC-1 audits, and other audits and exams.
  • Assist with surveillance of trading activity and reviewing electronic communications.
  • Keep abreast of changes in applicable domestic and foreign regulations and assist in implementing appropriate changes to compliance practices and policies.
  • Interact with personnel at all levels of the Firm’s various business units (Investment Teams, Operations, Client Services, Finance, etc.) to satisfy day-to-day assignments as well as ad-hoc projects.
  • Special projects as required.

 

 

Qualifications and Experience

 

  • 5-8 years’ of experience in the investment management industry with a focus on investment advisory compliance and regulatory matters at an asset manager, registered or private investment fund, law firm, or similar institution.
  • Demonstrable knowledge of U.S. securities laws, particularly the Investment Advisors Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934 and other SEC & FINRA regulations.
  • Working knowledge of UK and EU regulations such as MiFID, AIFMD, and EMIR are a plus.
  • Experience in managing regulatory dialogues, coordinating regulatory examinations, and responding to regulatory inquiries.
  • Bachelor’s degree; J.D. or other advanced degree a plus.
  • Travel may be required.

 

Characteristics and Attributes

 

  • High level of integrity, ethical commitment and professionalism.
  • Superior judgment in identifying and assessing potential compliance matters, the application of industry developments to the business and knowing when to seek advice and when to act independently.
  • Ability to work independently as well as with others to meet critical deadlines, balance multiple demands, shifting priorities and rapid change.
  • Strong leadership and relationship influencing ability.
  • Decisive and mature, with the ability to drive consensus.
  • Ability to tailor Compliance solutions to business conditions.
  • Detail-oriented, organized, highly proficient individual to work in a fast-paced, deadline driven environment, and able to solve complex problems in a collaborative manner.
  • Strong communications (both verbal and written) skills and analytical skills.
  • Proficient in Microsoft Word, Excel, PowerPoint, and Outlook.

 

SF: LI - LS1

LI - HYBRID

 

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 the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. 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 www.NewYorkLife.com.

Job Requisition ID: 87228

 

 

 


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Nearest Secondary Market: New York City

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