DescriptionAbout the RoleAt Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859.The Equitable Law Department’s Mission is to Serve as Equitable’s trusted counsel, empowering Equitable to pursue its noble purpose by upholding the highest standards, forging collaborative relationships and delivering creative solutions.At Equitable we have reimagined how we want to work and are guided by principles of inclusivity, flexibility, and connection. Come join us and enjoy working for a leading financial services company with an amazing and diverse culture! We offer a flexible hybrid office/remote work environment, and this position is located in our New York, NY office.Equitable is looking for a Portfolio Compliance Analyst to join our team. The Equitable Investment Management (EIM) Portfolio Compliance team oversees compliance with investment guidelines and regulatory requirements on behalf of EIM’s registered mutual funds and private funds. The team supports product development, new product launch, daily compliance testing, regulatory implementation and reporting to the funds’ board of directors.What You’ll Be DoingAnalyze investment guidelines of 1940 Act funds and create corresponding compliance rulesSupport new fund launches through implementation of compliance rulesUpdate compliance rules based on changes in prospectus disclosures and investment guidelinesTroubleshoot coding issues and making appropriate adjustmentsEnsure compliance with prospectus guidelines, regulatory requirements and applicable EIM policies and procedures relating to 1940 Act fundsCollaborate with internal stakeholders and external vendors/sub-advisersAssist in development of the compliance program for 1940 Act funds, including implementation of new regulationsAssist with regulatory filings, annual compliance reviews and testing and applicable board reporting obligationsResponsible for the investigation, resolution and remediation of compliance errors in coordination with internal and external stakeholdersAssist with the ongoing compliance and risk management requirements of the funds’ Derivatives Risk Management ProgramParticipate in special projects and strategic initiativesThis position offers a hybrid work schedule, with an on–site presence of 2–3 days per week combining flexibility with team collaboration.The base salary range for this position is $130,000 - $160,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility. For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.Equitable Pay and Benefits: Equitable Total Rewards ProgramQualificationsWhat You Will BringRequired Qualifications:Bachelors Degree5+ years of portfolio compliance experienceEstablished knowledge of the Investment Company Act of 1940 and Investment Advisers Act of 1940Oversight of the compliance system monitoring post-trade activity, including escalation and resolution of issuesExperience supporting 1940 Act fund launches, ongoing fund compliance, testing, disclosures, and regulatory filingsKnowledge of valuation, liquidity, affiliation, portfolio guidelines, and 1940 Act fund governancePreferred Qualifications:Experience with sub-advised mutual funds, fund-of-funds and multi-advised fund structuresDemonstrated attention to detail combined with developed analytical, organizational, and critical-thinking skills, with a proven ability to manage multiple priorities, evaluate complex information, and deliver high-quality results with accuracy and precisionSkillsAccuracy and Attention to Detail: Understand the necessity and value of accuracy; ability to complete tasks with high-level of precision.Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.Securities Laws and Regulations (SLR) Compliance: Knowledge of securities laws and regulations; ability to find out and comply with relevant laws and regulations during business activities.About EquitableAt Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose. Click Careers at Equitable to learn more.**Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.NOTE: Equitable participates in the E-Verify program.If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at [email protected]: EquitableSchedule: Full-time
