Compliance Associate
The Compliance Advisor assists with broader planning of business unit compliance programs in order to ensure organization functions are in compliance with all relevant laws, regulations, and policies and to prevent illegal, unethical, or improper business practices within the organization. Working independently under general supervision, this job assists team members with identifying, investigating, and reporting compliance risks.
Key Responsibilities and Duties
- Supports compliance risk assessments to identify compliance issues, concerns, and deficiencies.
- Assists with investigations in response to complaints and/or potential violations of rules, regulations, policies, and procedures.
- Supports organization and implementation of compliance audits.
- Assists with the design and implementation of corrective action plans to resolve problematic compliance issues and to ensure that compliance deficiencies are corrected.
- Drafts reports on the results of compliance and ethics initiatives of the business unit.
- Maintains documentation of compliance activities to provide a record of issues, and to ensure easy accessibility and retrieval of documents.
- Assists with the implementation of preventative measures and compliance processes, while contributing to the revision of policies and procedures to improve the general operation of business unit compliance programs as needed.
Educational Requirements
- University (Degree) Preferred
Work Experience
- 2+ Years Required; 3+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
6IC
Job Title: Compliance Associate
Business Area: Risk & Compliance
Job Code:
TBD
Job Tier:
TBD
Job Family: Compliance
FLSA:
No
Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes.
Position Summary: Describe below the primary purpose and function of this job
This position is responsible for supporting and assisting Compliance for Europe & APAC regions. This role shall oversee compliance with internal policies, monitoring remediation actions and ensuring timely closures.
Key Duties & Responsibilities:
The following duties are generally representative of the nature and level of work assigned and are not necessarily all-inclusive.
- Provide second line monitoring and oversight on the business covering cross-border travel activities, assisting when required in the development and maintenance of compliance policies/procedures and guidance related to marketing and distribution of Nuveen products and services in Europe, Middle East & APAC including the assessment of Reverse Solicitation fact patterns.
- Provide second line monitoring and oversight on the other topics within the annual Compliance Monitoring Plan for the regulated entities assurance and that is approved by the regulated Boards and ERCC.
- Assist in the creation, enhancement and completion of required Cross Border monitoring including the production of metrics for governance and reporting purposes. Follow up on any matters identified including remediation actions are taken forward.
- Support the Europe & APAC Ethics team with regards reviewing PA Dealing, GBME, OBA and other items as well as perform monitoring to review for any potential violations of rules, regulations, applicable policies and procedures.
- Assist the team with the design and implementation of corrective action plans to resolve problematic compliance issues and to ensure that any regulatory deficiencies are addressed.
- Support and manage the production of Governance reports (Boards, Delegated Committees, Group reporting) on the results of compliance Testing, Monitoring and Ethics metrics and violations for a legal/regulated entity and at a consolidated Group level.
Management/Leadership Responsibility:
- NA
Budget Responsibility:
- NA
Impact of Role
- Internal Business
Area of Impact - Own team, Business, Clients
Skills Required
- High level of motivation and ability to work independently or with team members at all levels
- Must be extremely detail-oriented with an inquisitive nature, and possess sound judgement while operating with utmost integrity
- Strong organizational and problem-solving skills, along with the ability to conduct research utilizing a variety of resources. Must be comfortable issue spotting and reporting
- Strong time management, analytical skills, and ability to formulate, develop and execute testing will be critical for success
- Must have strong written and oral communication skills to interact effectively with business partners and colleagues
- Comfortable leading in a high performance, fast paced, high-pressure environment, and have exceptional partnering skills as teamwork and collaboration are highly valued
- Demonstrated ability to prioritize tasks and deliver on commitments
Functional Knowledge Required
- Experience in a financial services firm in a Risk or Compliance function; Asset Management Compliance
- Prior experience in personal account dealing. Review of gifts, business meals and entertainment and OBA
- Experience of cross border regulatory requirements is highly desirable
- Strong Microsoft Office skills (Word and Excel / PowerPoint/ pivot tables)
Job Requirements And Qualifications:
Required Education:
BA/BS
Graduate (Mandatory)
Preferred Education:
Masters
Bonus
Required Experience:
5-7 years
Compliance Procedures and Monitoring
Preferred Experience:
5-7 years
Overall
Hiring Preference
Shall be supporting US client, typically working hours:
(1.00 PM IST to 10.00 PM IST)
(2.30 AM CST to 11:30 AM CST)
Required Licenses/Certifications:
Other
Related Skills
Adaptability, Business Process Understanding, Compliance, Compliance Trends, Critical Thinking, Detail-Oriented, Influence, Relationship Management, Risk Monitoring, Strategic Thinking
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Company Overview
TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: [email protected]
Privacy Notices
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