Compliance Analyst

Compliance Analyst

New York

Corporate Group

Ref #

3213

Date published

08-Sep-2023

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $48 billion of assets under management as of December 31, 2023. Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.

About the Position

Fortress Investment Group seeks an entry level Compliance Analyst to join the Fortress Compliance Department. Fortress is a leading SEC-registered investment adviser (operating in multiple foreign jurisdictions. The position will be based in Manhattan.

The successful candidate will work with members of the Legal and Compliance Department and other departments and businesses around the firm on, among other things, the following major items:

• general administration of Fortress's global compliance program
• processing employee requests and fielding questions relating to personal trading, private investments, political contributions, gifts and entertainment and other Code of Ethics related matters
• conducting portions of the annual compliance reviews under SEC Rule 206(4)-7
• supporting affiliated broker-dealer entity by completing required FINRA reviews and lobbyist filings
• assisting with the administration of Fortress's anti-money laundering program by working with various firm businesses and external counterparties
• assisting with the review of fund marketing materials and due diligence
• assisting with domestic and international regulatory reporting (including SEC, NFA, FINRA, MAS, and other regulators)
• reviewing information disclosed in compliance forms (quarterly/annual personal trading report, initial holdings, conflicts questionnaire, political contribution history, ADV disclosure, etc.) for new hires and current employees
• conducting additional ad hoc compliance assignments, including periodic compliance testing and routine regulatory examinations
• assisting with the administration of the firm's NDA process

The successful candidate will have:

• a bachelor's degree with strong academic performance
• superior work ethic, attention to detail, organizational and communications skills
• serious desire to learn, grow and develop as a professional
• a proven ability to multi-task, problem-solve and think critically
• a technical proficiency with computer applications

The base salary range for this position is expected to be between $65,000 and $67,500.

The base salary range proposed for this role has been set forth to comply with local law, but salary is only one element of the total compensation for this role. The base salary range suggested above does not include compensation elements such as bonuses, overtime and deferred cash (each of which are applicable in certain roles), benefits, perquisites, and company contributions to employee 401(k) accounts. Such other pay components often result in total compensation materially exceeding base salary for a particular role. Total compensation as well as base salary for a role depend in part upon individual performance, years of service, experience, geographic considerations, the performance and the needs of particular business units, company performance, and general market conditions.

Maximum Salary

67,500

Minimum Salary

65,000