Compliance Associate, Broker Dealer

The Role

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?

Job Overview:

The Compliance Associate for the Broker Dealer is responsible for ensuring there are strong controls, policies, and procedures in place to ensure that all aspects of Distribution are covered. The Compliance Associate will manage day-to-day operations of the BD but also assist with larger projects ranging from updating manuals, responding to regulatory exams, and overseeing the FINRA filing process for marketing materials. The Associate will work closely with various stakeholders in Client Service, Marketing, Legal, and Infrastructure Technology.

We’ll trust you to:

• Handle FINRA Gateway filings, ranging from amending U4s, U5s, Form BR/BD, while serving as the SAA
• Manage the onboarding process for new employees by creating new U4 paperwork, process fingerprinting, ensuring all registrations are current or updated as necessary
• Oversee management and programming of third-party platform Lord Abbett uses for marketing review
• File marketing material with FINRA and work with stakeholders if there are comments or issues with filings
• Occasionally review and approve marketing materials
• Evaluate the adequacy of policies, procedures, and internal controls based on regulatory changes and assist in making changes as necessary
• Assist with the annual testing/review required for the 3130 report
• Responsibility to ensure that all activities and duties are carried out in full compliance with regulatory requirements, enterprise-wide risk management framework and in accordance with internal policies and procedures
• Perform ad hoc projects or tasks as assigned by the Team Leader

You'll need to have:

• 3-5 years of experience in Compliance, preferable with a broker dealer
• Experience with FINRA Gateway, AREF, some marketing review experience
• FINRA licenses (SIE, 7, 24) or strong desire to grow within the Compliance field and plan to obtain licenses
• Four Year College Degree or equivalent experience in the industry
• Advanced proficiency in Microsoft Office (i.e., MS-Word, MS-Excel, MS-Access, MS-PowerPoint and MS-Outlook)
• Strong writing, analytical, decision making/problem solving and communication skills
• Strong organizational and time management skills 

Why Lord Abbett?

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 - We instill a passion for always putting our clients' interests first. 

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 $90,000 - $110,000. 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.

Important notice to Search Firms - Please Read CarefullyWithout prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.

Salary : $90,000 - $110,000