Investments Compliance Officer – AML & Sanctions, Private Credit

Role Overview

• Managing and executing the compliance program over Investments Private Credit Group (“PCG”), and
• Managing and executing the Investments AML & Economic Sanctions program over all asset classes.
• Ensuring compliance policies and procedures accurately incorporate the investment activities of the PCG.
• Developing and executing monitoring and testing routines (e.g. sample-based reviews, exception reports, etc.) to verify policies and procedures are effective and reasonably designed to prevent and detect violations of applicable laws.
• Providing compliance advice, guidance, and oversight in support of day-to-day issues and inquiries related to the PCG’s management of investment portfolios, as well as leading Compliance efforts on new or strategic initiatives impacting the PCG.
• Reviewing Know Your Client/Counterparty (“KYC”) due diligence performed by business unit asset class teams,
• Performing sanctions screening of clients, counterparties, and other transactional parties.
• Ensuring compliance policies and procedures related to AML & Economic Sanctions sufficiently address the unique nuances of each asset class and are in line with applicable laws, rules and regulations, and Corebridge corporate policies.
• Conducting reviews of KYC information/questionnaires in the onboarding of new clients and investors.
• Responding to KYC requests/questionnaires from counterparties and service providers on behalf of the regulated entities or their clients.
• Interacting with the Corebridge corporate Financial Crimes Group (“FCG”) and Corporate Governance teams, where required.

Requirements

• Must have at least 7 years of experience executing compliance routines related to an investment management firm or an AML & Economic Sanctions program.
• Experience with private credit as an asset class is ideal, but not required,
• Possess an ACAMS certification or be willing and able to attain one (company sponsored).
• Experience with Dow Jones Risk and Compliance Sanctions Screening tools or similar sanctions screening tools.
• Must be proficient in Excel (including formulas, Vlookup, pivot tables, etc.).
• Skilled in analyzing data in a variety of formats from multiple reports/systems (experience with Power BI reports is a plus).
• Familiarity with the Investment Advisers Act of 1940.
• High degree of intellectual curiosity and willingness to self-learn through reading regulatory releases and publications, inquiring with business and process owners, and applying past experiences from similar scenarios to current tasks and challenges.
• Ability to execute with independence, knows “what to do next” without instruction.
• Ability to confront conflict and difficult issues in a professional, assertive, collaborative and proactive manner.
• Ability to work as a team, share knowledge and coordinate amongst peers to achieve a common goal.
• Highly organized, with the ability to verify, inspect, and record documentation supporting results and disposition of matters.

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.