Compliance Associate
The Team: Morningstar’s Legal & Compliance team supports Morningstar’s global business entities, primarily focusing on those registered with and governed by regulatory authorities. Our legal experts work to protect our intellectual property and make sure we continue to conduct business with uncompromising ethics. Our compliance professionals help each Morningstar business entity adhere to the rules and regulations of the local regulatory authorities.
The Role: Morningstar’s Compliance team is currently seeking a highly motivated Compliance Associate to join our compliance team. The primary focus of the role is to assist in the daily administration of the compliance program. This position is based in Chicago and reports to the Compliance Manager of Morningstar, Inc.
Key Responsibilities:
- Assist with Code of Ethics compliance monitoring for Morningstar’s broker dealer, registered investment advisers, and other monitored groups, as needed
- Serve as first point of contact for ad hoc questions from business units
- Assist with compliance reviews of new business initiatives
- Create compliance-related training materials
- Conduct email reviews
- Assist in review of marketing materials and RFPs
- Assist in the administration of Advisers Act Rule 206(4)-7 and compliance programs
- Assist in periodic testing of compliance policies and procedures pursuant to Rule 206(4)-7 of the Investment Advisers Act
- Assist in the annual review and amendments to Form ADV
- Perform other tasks/projects as assigned
Requirements:
- Bachelor's degree in Business, Finance, Accounting or related field and or relevant experience preferred
- A minimum of 1-3 years compliance experience working within the financial services industry
- Experience of compliance monitoring and/or regulatory review of advertising/marketing material highly desirable
- Excellent verbal and writing skills that enable messages and decisions to be articulated confidently, effectively and diplomatically
- Strong interpersonal skills and ability to work effectively in a team environment
- Ability to manage multiple projects and deadlines simultaneously
- High degree of integrity and strong work ethic
- Attention to detail, highly organized, and an ability to interact and engage with employees at all levels