Chief Compliance Officer (Privates) Chief Compliance Officer (Privates) …

Wellington Management Company, LLP
in Boston, MA, United States
Permanent, Full time
Last application, 23 Feb 21
Wellington Management Company, LLP
in Boston, MA, United States
Permanent, Full time
Last application, 23 Feb 21
Chief Compliance Officer (Privates)

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 55 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.


The Chief Compliance Officer will be responsible for leading Wellington Management's global private investments compliance program, covering all regulatory matters relating to the firm's private investments business. Wellington is expanding the asset classes, products and geographical footprint of its private investments business. Therefore, a key initial responsibility of the role is to build out the compliance infrastructure to support a larger, more complex and global business.

The Compliance Officer will be a member of the Legal & Enterprise Risk group reporting to Wellington Management's General Counsel. The role will work closely with other compliance professionals and attorneys across the global organization.


The Compliance Officer's primary responsibilities will include the following:
  • Evaluate the adequacy and effectiveness of the private investments business compliance program and build out the program to support the firm's current growth pans
  • Provide regulatory risk management advice and support to Wellington's private funds, including policies & procedures, controls, and policy exceptions
  • Enhance the firm's information controls and monitoring relating to the intake, retention and dissemination of confidential information of private companies; enhance the scope and integrity of controls monitoring the communication of "private side" information to the firm's "public side" investors; and integrate with the "public side" controls framework
  • Collaborate with the portfolio management and infrastructure teams to design physical segregation, secure storage, access controls for "private side" information; integrate those measures with the firm's "public side" policies and procedures to identify and prevent the misuse of material non-public information
  • Assess conflicts and recommending mitigating controls
  • Review regulatory rule proposals, amendments and regulatory developments and assisting with the evaluation of a rule's impact on business practices
  • Work with relevant business and infrastructure teams to ensure robust supervisory processes and controls
  • Lead responses to regulatory inquiries and examinations of our private funds
  • Work with other members of Legal & Enterprise Risk on regulatory, compliance and operational risk initiatives
  • Participate in a variety of department or firm-wide project-based initiatives and working groups
  • Hire, manage and develop team members to support the private investments compliance program
  • 15+ years of experience, including a strong preference for experience working in a capacity supporting or working in private equity or private credit; experience across multiple geographies/regulatory regimes a plus
  • Demonstrated leadership and management skills
  • Accountability for developing and executing against a strategic vision
  • Ability to advise and challenge senior business professionals
  • Ability to influence outcomes through collaboration and well-defined advice
  • Confidence making risk-balanced judgements
  • Strong written and oral communication skills
  • Creativity and ability to work under pressure
  • Proactive, self-motivated and well-organized

Chief Compliance Officer (Privates)

280 Congress

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at .
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