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Senior Associate, Compliance

Location

New York

Job description

Position:  Senior Associate, Compliance Department

Reports to:  Chief Compliance Officer

About Wafra: 

Wafra Inc. (“Wafra” or the “Firm”) is a leading global investment firm currently managing approximately $33 billion in assets and commitments across a variety of asset strategies. Behind our investment strategies are talented professionals, principally in New York and other financial centers, who bring expertise and experience to deliver strategic, reward-focused solutions. Wafra seeks to provide long-term investment return solutions that span not just years, but generations.

Department/Position Summary: 

Wafra pursues excellence in all areas of its operations and activities; the Compliance Department (the “Department”) is no exception. The Department is comprised of seasoned compliance professionals with significant prior experience from other leading financial institutions. The Department seeks to serve as a strong line of defense for the Firm, providing advice on regulatory developments and industry best practices across multiple investment management-related disciplines. The Department places a strong emphasis on active engagement with all Firm stakeholders through regular and ad hoc trainings, and disciplined communication.

The preferred candidate must therefore be able to perform at a high level across the following areas:

Primary Duties and Responsibilities:

  • Monitoring employees’ compliance with the Firm’s Code of Ethics (e.g., manage submissions for employee personal trading, outside business activities, private transactions, political contributions and gifts and entertainment) using the Firm’s StarCompliance system
  • Maintaining Code of Ethics metrics (insider trading/frontrunning tests, policy breach oversight, etc.)
  • Maintaining the Firm’s restricted list
  • Assisting with Firm trade surveillance via Bloomberg AIM
  • Providing compliance onboarding for new hires and supporting the overall compliance training program
  • Assist in the review of private fund marketing-related communications including, but not limited to, marketing materials, periodic reports and investor/consultant due diligence questionnaires
  • Collaborate with various departments within the Firm to gather information and review responses to various external inquiries (including regulatory and mock examinations) for completeness and accuracy
  • Perform other related duties and ad hoc projects as assigned

Requirements:

  • Bachelor’s degree or equivalent (JD/MBA a plus, but not required)
  • Minimum two years of compliance experience at an alternative investment firm
  • Experience monitoring compliance with the Advisers Act Code of Ethics Rule and/or investment guidelines is preferred.
  • Ability to identify and escalate potential compliance risks, conflicts of interest and related disclosure considerations
  • Strong sense of collegiality and proven ability to work effectively with multiple constituencies
  • Superb written and verbal communication skills with the ability to summarize and digest content quickly and clearly
  • Able to foster comradery and trust within the Compliance Department and with all other Firm stakeholders
  • Engages with enthusiasm and is eager to be a part of a dynamic, diverse, culture-carrying team

A good faith estimate of the Base Salary Range is: $140,000-$170,000 with the possibility for a discretionary bonus.

All duties and responsibilities of this role are expected to be conducted on-site at the Company offices.  This description reflects management’s assignment of essential functions; it does not proscribe or restrict the tasks that may be assigned.

Please send your resume to [email protected] with the subject line “Senior Associate”

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