We are a global investment company that helps clients and customers to plan, save and invest for the future. By doing so, we enable our clients and customers to be better investors. Strengthening talent and culture is one of our strategic priorities. We strive to make abrdn a great place to work so that we can attract and retain the industry’s best talent. Our people put our stakeholders at the heart of everything they do by helping us to make a positive difference to the lives of our clients, customers, colleagues, shareholders and society.
abrdn comprises three businesses, Investments, Adviser and interactive investor (ii), each of which focuses on meeting and adapting to our clients’ evolving needs.
Investments manages £368bn of client assets, offering investment capabilities built on the strength of our insights from wide-ranging research, worldwide investment expertise and local market knowledge.
Adviser provides financial planning solutions and technology to over half of the UK’s financial advisers, enabling them to create value for their businesses and clients.
ii, the UK’s second-largest direct-to-consumer investment platform, helps over 430,000 individual customers to plan, save and invest in the way that works best for them
About the Department
The Risk & Compliance team at abrdn plays a crucial role in ensuring that all operations adhere to regulatory standards and internal policies. This department is responsible for maintaining a robust compliance framework that supports the company's strategic objectives while minimizing risk.
About the Role
We are seeking aRisk & Compliance Analyst to support the Head of US Registered Fund Compliance/Fund CCO in establishing, maintaining, and implementing a compliance program for abrdn's registered funds. The successful candidate will report directly to the Fund CCO and play a key role in ensuring compliance with Rule 38a-1 of the 1940 Act.
Key Responsibilities
Support the Fund CCO to establish, maintain and implement a compliance program to meet the obligations of Rule 38a-1 of the 1940 Act for abrdn’s registered funds (open-end, closed-end and ETFs).
Take the lead, with the guidance and direction of the Fund CCO, to prepare 38a-1 quarterly and annual reports to be delivered to the respective registered fund boards.
Maintain and update appropriate compliance documents, including abrdn’s registered fund compliance manuals.
Work with the Fund CCO to set, maintain and oversee an annual risk-based testing program for abrdn’s registered funds. Perform certain tests when required.
Track and analyze regulatory change and developments impacting abrdn’s registered funds and suggest best practices related to registered fund compliance.
Provide advice and guidance to the business on registered fund compliance matters, including with respect to new products and product changes.
With the Fund CCO, present on compliance matters to independent fund directors.
Assist the broader Americas Risk & Compliance team with new hire on-boarding, personal dealing, G&E inquiries and other compliance maters.
Assist the Fund CCO to deliver trainings to registered funds to key stakeholders, including portfolio managers of abrdn’s registered funds.
About the Candidate
The ideal candidate will possess the following:
Essential Skills and Experience
5-8 years working in compliance, with a focus on registered fund compliance.
Strong fundamental understanding of the Investment Company Act of 1940.
Demonstrated skill in stakeholder engagement and management.
Prior experience of working directly for or with a registered fund CCO preferred.
Bachelor's degree or higher.
Our Benefits
When you join abrdn, you will be rewarded with a market leading benefits package that invests in each employee’s financial future, health, and well-being. We offer a range of benefits to meet your family’s needs and employees are immediately eligible to begin participating. We have an environment where you can learn, get involved and be supported.
We are an affirmative action - equal opportunity employer. We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.
If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.
