Compliance Analyst at Prudential Ins Co of America in Newark, New Jersey

Posted in General Business 12 days ago.

Type: Full-Time





Job Description:

QMA, LLC. (“QMA”), an SEC-registered investment adviser and a business unit of Prudential Financial, is seeking a Compliance Analyst to supervise compliance monitoring for adherence to regulatory and contractual investment guidelines.  QMA’s Equity and Asset Allocation platforms have over $120 billion in assets under management as of December 31, 2020, with a broad array of strategies and client types including institutional separate accounts, sub-advised mutual funds, collective trusts, offshore commingled and separate client accounts.

QMA has a strong commitment to its customers, including mutual fund investors, corporations, public retirement funds, Taft-Hartley plans, sovereign wealth funds, insurance companies, foundations, and endowments. 

Primary responsibilities of this position include:


  • Supervise day to day monitoring for adherence to portfolio investment guidelines utilizing the firm’s portfolio compliance system. 

  • Manage the firm’s compliance certification and due diligence workflow.  Provide ongoing client reporting to fulfill client agreements and regulatory requirements.

  • Supervise and manage junior team members who provide the daily monitoring. 

    • Provide backup coverage for all team responsibilities, as needed.



  • Organize and assist in leading a bi-annual best execution review with the investment team and senior leaders of the firm.

  • Gather materials and lead annual guideline review meetings with the investment team. 

  • Collaborate on periodic internal and external exams and reviews. 

  • Assist with client on-boarding and new product development projects – representation at onboarding meetings, complete onboarding requirements, including coding of rules, certification set up, etc.   

  • Research potential violations of regulations, policies, and procedures, and escalate to management as appropriate

  • Respond to ad hoc trading and portfolio management questions.

  • Manage the firm’s adherence to the Prudential Personal Trading Standards - review employee personal trade requests as needed and conduct research on potential policy breaches. 

  • Openness to new ideas and seeks opportunities to learn

  • Professional skepticism in assessing appropriateness, objectivity and independence

  • Understand key business risks, marketplace and regulatory environment

  • Establishes themselves as credible voice at the table

  • Leads organizational transformation in areas of effectiveness and improvement

  • Ability to think beyond a problem on its face

  • Comfortable with ambiguity and has the dexterity to adjust as needed

  • Understands the complexities and nuances of a global environment

  • Seeks to understand customer’s needs and challenges

  • Collaborates in a fully inclusive and open manner   

This is a challenging, fast-paced and deadline-driven position, requiring excellent communication, interpersonal and time management skills.  The successful candidate must be a motivated professional with a minimum of 3-5 years of regulatory compliance and 2 years of marketing review experience in an investment advisory firm with:


  • Bachelor's degree is strongly preferred

  • Knowledge of SEC and CFTC rules is a plus

  • Knowledge of asset management products including ’40 Act Funds, ERISA plans, UCITS, and separate accounts; strongly preferred

  • Experience writing policies and procedures;

  • Critical skills include:

    • Collaboration skills with business partners;

    • Time management skills;

    • Project management

    • Strong oral and written communication; and

    • Exhibited negotiating/influence skills




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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:

If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.