Compliance Testing 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

• Execute testing in accordance with the Nuveen Compliance Testing Procedures
• Assists with performing all phases of compliance testing activities, including data collection, documenting applicable risks and controls, developing testing scripts, and documenting and tracking issues and observations
• Monitor, tracks, design and implements corrective action plans to resolve control issues and to ensure that compliance deficiencies are corrected
• Participate in meetings with line of business and compliance partners
• Perform tests of design, tests of effectiveness, and compliance assessments to assess compliance controls
• Prepare work papers to support work performed and update test status in Archer
• Work with Line of Business and Compliance stakeholders to track open issues through to closure
• Validate issues submitted for closure
• Assist in drafting reports based on test work performed
• Complete all testing timely and in accordance with established procedures

• NA

• NA

• Internal Business

• 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

• Experience in a financial services firm in a Risk or Compliance function; asset management, Compliance Testing, and/or regulatory experience a plus
• Knowledge of US-based regulatory requirements, particularly SEC and FINRA regulation
• Experience with general testing principles and techniques
• Strong Microsoft Office skills (Word and Excel / pivot tables) and experience with Archer a plus