What are the responsibilities and job description for the Associate, Investment Compliance - Liberty Mutual Investments position at Liberty Mutual Insurance?
Description
The Company
Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group’s (LMIG) global financial assets across global markets and private domains to build capital and generate income. With over $100 billion in assets under management (AUM) and a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY, LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader.
LMI has been on a transformation path to spur innovation, capitalize on deep expertise, and scale its returns on long-term flexible capital through a “one firm, one portfolio, one team” mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management, and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Global Strategy & Capital Allocation, Risk Management, Global Credit Markets, Global Alternative Markets, Global Liquid Markets, and Global Investment Solutions. Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission.
The Position:
The LMI Compliance team is looking for a compliance attorney/professional to assist with our control room function to support LMI’s scaling private investment activity. This role requires frequent interactions with our investment teams and partners and general understanding of this process - wall-crossing, conflicts checks, company research, non-disclosure agreements, and documentation/monitoring in our systems.
Responsibilities:
- Support LMI’s policies and processes to mitigate and manage potential conflicts arising from LMI’s public and private investment activity.
- Monitor LMI deal pipeline, confer with deal teams as appropriate, and ensure appropriate tracking of potential transactions within LMI systems
- Research potentially impacted public securities and issuers, as well as deal/company facts to support materiality determinations; validate ongoing review of developments and status
- Support review, negotiation and execution of deal-related non-disclosure agreements
- Help drive transition to new compliance control room platform; work with colleagues to ensure successful integration with LMI pipeline platform and migration of legacy data
- Experience with control room / trading systems and related technology/data a plus (e.g., Aladdin, Dealcloud, MCO, Bloomberg, Pitchbook, CapIQ)
- Support regulatory analysis on issues affecting LMI, including securities and insurance regulation matters.
- Assist with LMI’s monitoring/tracking of applicable regulatory and industry developments; draft related summaries, guidance and proposed policy language as needed
- Participate as needed in range of ad hoc and special projects with Compliance team and other LMI colleagues ? e.g., risk assessments, regulatory reporting, firm and corporate governance, etc.
- Broad understanding of investment compliance programs (code of ethics, policies, testing, controls, etc.) in order to offer on-site compliance support to NY-based employees Preparation, Training and Experience
- Competencies typically acquired through at least a bachelor’s degree and 5 or more years of relevant investment, compliance or legal experience; JD, control room experience, and experience with deal-related non-disclosure agreements a plus
- Experience with and solid understanding of various asset classes and investment products; experience with private credit a plus
- Basic knowledge of securities regulation and investment compliance topics - Investment Advisers Act of 1940, management of confidential and material non-public information, SEC and other regulatory requirements for buy-side institutional investors
- Desire to expand knowledge of regulatory/legal/compliance topics applicable to the asset management and
- insurance industries
- Strong verbal and written communication skills
- Strong ethical character; poise and confidence to interact with wide range of colleagues; collegial team player
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices
- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco
