Senior Compliance Analyst – Compliance

Job Description

Senior Compliance Analyst – Compliance

Experience level: Mid-senior Experience required: 3 Years Education level: Bachelor’s degree Job function: Analyst Industry: Logistics and Supply Chain Compensation: View salary Total position: 1 Relocation assistance: Limited assistance / Legal Position

JOB SUMMARY

This position provides support to the Compliance Manager and performs related activities. This position assists in the design, implementation, and oversight of the Compliance Program for the UPS Defined Benefit Pension Plans (the “Plans”) and helps ensure the Plans follow industry and regulatory standards (which may include but are not limited to Employee Retirement Income Security Act [ERISA], Generally Accepted Accounting Principles, Sarbanes-Oxley, and Security Exchange Commission [SEC] rules) as well as UPS's policies and procedures. This position interfaces with the Investments staff with respect to new and existing investment activity (e.g., performs legal and operational due diligence on new investments) and advises project managers on contract documentation needed to support investments. This position coordinates with internal and external counsel, investment managers, and service providers to implement or modify legal agreements.

Responsibilities

Supervises the Compliance function related to the administration of the Plans

Reviews and advises on contract documentation and class actions

Assists in contract negotiations (e.g. IMA, LPA, vendor agreements, etc.)

Ensures appropriate governance documents are executed

Manages Plan’s regulatory compliance requirements under ERISA, DOL, FATCA, SEC, and Dodd-Frank to ensure compliance

Oversees structure and usage of “FactSet” and “Diligend” file management systems, including ensuring relevant legal and compliance records (amendments, disputes, discovery), and operational due diligence reports are maintained

Completes Know Your Customer (KYC) documentation in relation to the Plans’ investments

Confirms applicability and compliance with foreign filing and tax reclaim requirements.

Qualifications

Requirements:

Bachelor’s Degree or international equivalent

LLB/JD

Preferences:

Bachelor’s degree or international equivalent in Economics, Business

Related compliance / legal experience in a defined benefit plan pension environment

ELEMENTS / SKILLS / CREDENTIALS / NOTES

LLB/JD is required; generally this has not been an issue in sourcing as it has been a “must have” (i.e., we didn’t see resumes from non-qualified candidates)

The ideal candidate has 1-2 years related work experience (i.e., compliance / legal) in a Defined Benefit (DB) pension plan environment; the DB plan experience has been the biggest obstacle

It is also critical that person have very good communication and interpersonal skills as they will work with all Investments team members as well as internal and external counsel, investment managers and service providers

1.) Does the candidate have the Bachelor of Laws (LLB) and the Juris Doctor (JD)?

2.) Why is the candidate looking for career advancement? (Reason for looking for another opportunity?)

3.) How soon can they start upon acceptance of an offer?

4.) Where are they in their search? Final interviews scheduled with other companies? How many other companies are interviewing the candidate? Please elaborate

5.) Please provide the link to candidate’s LinkedIn profile:

6.) What is the candidate’s work authorization status?

7.) What is the candidate’s highest level of education?

8.) Has the candidate applied or been interviewed for any role with this company in the past? If so, please provide details.

9.) What is the candidate’s desired total compensation? (Please specify base salary vs. commission/bonus expectation)

10.) Where is the candidate located? If candidate is not near the job location, please explain relocation plan in detail (e.g. timeline, relocating with family, selling/buying property)

11.) Does the candidate have DB investments experience? Please elaborate (preferred not required)

Skills