Compliance, Principal

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a

strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies

differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

Blue Owl Capital is seeking to add a Principal level experienced compliance professional to its Compliance Strategy and Operations team. The Principal Compliance will focus on compliance testing, policy writing and maintenance, implementation of our firm wide compliance training program, and regulatory filings. The Principal Compliance will oversee a small team. The role will be based in Short Hills, NJ.

Responsibilities

• Policies: Drafting, updating and maintaining our compliance policies and procedures – including maintaining our 206(4)-7, 38(a)-1 and corporate compliance manuals – and training the relevant teams on their requirements. Providing additional support as needed to our regulatory footprint expansion team, including assisting in developing relevant policies and procedures and monitoring requirements. Implementing and maintaining a technological solution to track policies alongside our compliance testing team.
• Testing: Design and implement a compliance testing and assurance platform for multiple SEC registered investment advisers, investment companies and entities regulated outside the US, including conducting reviews, coordinating with internal teams, assessing policies, and testing business processes.
• Training: Implementing a firmwide training program, including our annual compliance training by location, platform specific training and adhoc training as required by regulation or policies.
• Regulatory Filings: Maintaining a regulatory calendar across jurisdictions with our ongoing compliance requirements, filing/overseeing the filing of Form ADV, Form PF, Annex IV reporting, Section 13 filings, and NFA filings (among others)
• Client Categorizations: Working with our entity management team, assessing, categorizing and recording information about our fund clients. Working with the relevant Blue Owl teams to ensure any requirements with respect to these clients are met. Overseeing ERISA related requirements.
• Compliance Team Operations: Working closely with the head of the team, implementing policies and procedures to further the goals of the compliance team as a whole.
• Ad Hoc Projects: Assisting in the CCO in completing ad hoc projects as required.
  
  

Qualifications

• Bachelor’s degree or higher. Legal degree not required.
• Must have at least 10 years’ work experience in investment management, financial services, or industry-related compliance experience.
• Experience in private markets, alternative investments, real assets, and/or private funds.
• Working knowledge of Investment Advisers Act and Investment Company Act and advisory functions is preferred, as is prior exposure to asset management compliance and its related rules and regulations.
• Excellent organizational, oral and written communication skills
• Project management experience covering project inception through execution, implementation and closeout preferred
• Ability to effectively drive solutions throughout the firm and present ideas in an effective, consensus driven manner. Escalate issues and advocate for solutions.
• Ability to develop and foster strong interpersonal relationships and to maintain effective cross-functional business relationships throughout the firm.
• Ability to work effectively with outside parties at all organizational levels
  
  

Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.