Compliance Associate

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

Position Summary: Describe below the primary purpose and function of this job

As a member of the Compliance Regulatory Reporting (CRR) Team, the associate will be dedicated to supporting the firm’s regulatory compliance program. Specifically, the associate will facilitate compliance with US and non-US reporting obligations to regulatory bodies arising from Nuveen’s ownership interest in equity and related securities, through reporting/filings with various regulatory bodies, issuers and/or markets. The position will enable reporting by: monitoring enterprise-wide restricted and watch lists, administering equity ownership thresholds per issuer, and compiling ad hoc ownership reports. The associate is expected to develop knowledge of internal policies & procedures and regulatory reporting requirements. The focus of this position will be daily monitoring, analysis and processing of regulatory reports.

Key Duties & Responsibilities: List up to 5 key duties and responsibilities, management responsibilities and time spent (if applicable)

Core Daily Equity Ownership Monitoring Responsibilities:

- Monitor and analyze enterprise-wide equity positions.
- Maintain internal “Foreign Hot List” of reportable positions.
- Determine holdings database data integrity and interface with IT and data management as necessary to resolve data issues.
- Document and monitor data exceptions.
- Gather data to prepare Ad Hoc Non-U.S. Large Shareholder disclosures.
- Monitor affiliate intra-day trading activity in reportable securities.
- Monitor and update daily UK and Irish Takeover Panel Disclosure Lists and associated daily trading.
- Conduct analyses on issuer poison pills, regulated industries and state statutes.
- Develop and maintain various holdings data spreadsheets and present to leadership for internal review.
- Review holdings on restriction/limited capacity reports.
- Assist leadership with special projects.
- Gather data to provide timely and accurate research for escalated exceptions to the OMR manager.

Regulatory Reporting:

- Prepare Ad Hoc, Monthly, Quarterly and Annual regulatory disclosures: Non US Large Shareholder Disclosures, Schedule 13D/G filings, Form 13F filings, Form 13H filings, CFTC/NFA, Form PF, Form N-PX and Federal Reserve TIC filings.
- Maintain an up-to-date foreign regulations and industry rules matrix.

General Compliance Responsibilities
- Accurate and timely completion of reports, projects and initiatives as required. (large shareholder disclosures)
- Compile and distribute required reporting: ad hoc, monthly, quarterly and annual requests (internal and external clients).

Management/Leadership Responsibility: Is management of people a primary focus of the role? If so, how many direct and indirect employees are managed? Do any of them manage a function or process?

None

Budget Responsibility: Does the position have responsibility for Revenue, Operating (expense) Budget, etc.? If so, what is the scope?

None

Impact:
Nature of Impact - To what degree does this job affect the business (i.e., through interactions with customers, making decisions, defining or setting strategy, etc.)?
- This position plays a key role in order for Nuveen to fulfill its regulatory responsibilities in various jurisdictions in relation to its ownership interest in equity and related securities, and the failure to do so can