Sr. Compliance Associate - Asset Management

Location Designation: Hybrid 

 

 

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.

 

 

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 Apogem Capital LLC (“Apogem”), a wholly owned subsidiary. Apogem is an alternatives asset management firm with approximately $39 billion in AUM focused on investments primarily in private equity and private credit with offices in New York, NY, Chicago, IL and Richmond, VA.

 

This position reports into the Chief Compliance Officer of Apogem within our Corporate Compliance Department and will be located in New York City. The Compliance Officer will be responsible for supporting the development and execution of Apogem’s compliance program. The Compliance Officer will support the Chief Compliance Officer and other senior members of the Compliance team and will have regular interaction with legal, investment management, business development/investor relations and operations personnel. The duties listed below are representative of the types of responsibilities the Compliance Officer may handle but are not intended to be an exhaustive list.

Duties and Responsibilities:

• Maintain the compliance team’s matrix of responsibilities/“to do’s”/calendar/schedule
• Assist with performing Rule 206(4)-7 reviews, ongoing testing and completion of the written reports, including the reports to the compliance committee
• Manage the new employee onboarding process for the Compliance team
• Coordinate and complete periodic policies and procedures/code of ethics updates
• Monitor SEC regulatory alerts, and industry publications; find applicability to Apogem; share/report findings with compliance team colleagues at periodic team meetings
• Reconcile the compliance team’s record/files/drives in order to maximize team efficiency and satisfy recordkeeping rules and regulations
• Assist with, or be trained to assist with, the review of marketing materials and advertisements to ensure they meet regulatory and New York Life Investments compliance standards
• Perform reviews of Apogem employee Gifts & Entertainment log
• Maintain Apogem’s Restricted List
• Monitor Investment Committee calls, expert network calls, and other various internal calls/meetings
• Coordinate with Investor Relations team with respect to prospective LP data room approvals
• Perform investor related initial and ongoing anti-money laundering reviews/checks; research and apply different jurisdictional AML requirements.
• Coordinate and conduct electronic communications review and report findings to the compliance team
• Coordinate with regulatory service providers on Blue Sky and Form D filings
• Coordinate, or be trained to coordinate, international fund registrations and quarterly filings
• Prepare and submit reports and information requests from NYLIFE Distributors and coordinate with them on other requirements and deliverables
• Prepare and submit, or be trained to prepare and submit, reports to New York Life, and external regulators such as the Securities and Exchange Commission (Form ADV).
• Liaison with NYL Investments personal trading team with respect to outstanding items; consult with Apogem’s CCO or designee in order to find potential violations
• Liaison with Apogem’s third-party service providers on Cayman Islands regulations and requirements
• Preparation and updating of employee training materials; conduct periodic training
• Keep minutes for various meetings (Compliance Committee, DL Valuation Committee)
• Perform other tasks and responsibilities at the discretion of the Chief Compliance Officer

Qualifications and Experience

 

• Minimum of 4-7 years’ experience in the investment management industry. Focus on investment advisory matters related to private equity and private credit funds pr