Vice President, Broker-Dealer Compliance

Newport Beach, USA
Jun 17, 2022
Jul 17, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $1.91 trillion in assets for clients around the world. PIMCO has over 2,800 employees in 17 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

Position Description:

The Vice President, Compliance Officer will play a key role in the stewardship of the Americas compliance program for the firm's limited purpose broker-dealer and serve as a professional within the global compliance team of PIMCO's Legal and Compliance Department.

The firm's limited purpose broker-dealer compliance team is responsible for managing and administering the compliance program for a FINRA member firm, which requires in depth subject matter knowledge, strategic thinking and coordination with various stakeholders including legal counsel, global compliance, and business professionals. The role will frequently interact with members of senior management to provide perspective, insights and feedback on Compliance. This position reports directly to the Chief Compliance Officer of the limited purpose broker-dealer, and can be based in PIMCO's Newport Beach headquarters, or New York or Austin offices.

This position requires a professional with professional and analytical skills who can:
  • Evaluate business objectives, regulatory developments and propose customized compliance solutions within the firm's risk tolerance and regulatory requirements;
  • Identify potential areas of compliance vulnerability, risks and developments and lead projects related to the enhancement of the compliance program and strategic initiatives;
  • Keep abreast of and anticipate changes in regulatory regimes and implement appropriate changes to compliance practices and policies;
  • Demonstrate subject matter expertise commensurate with seniority level:
  • Assist with the coordination of global compliance projects by working with professionals from non-US offices

  • Assist in the development and enhancement of an effective broker-dealer compliance function to ensure that PIMCO's business activities are conducted in accordance with applicable laws, regulations and the firm's policies;
  • Knowledge and understanding of mutual fund distribution, private fund distribution, capital markets and core broker-dealer compliance areas (licensing, registration, electronic communications surveillance, sales practices)
  • Knowledge and understanding of the core compliance program functions including: the development and execution of a regulatory risk assessment, policy governance processes, design and implementation of annual testing and periodic monitoring reviews;
  • Experience liaising with business personnel that service institutional, intermediary and retail channels; and
  • be effective in a variety of formal and informal presentation settings: one-on-one, small and large groups, with peers, and senior management; is effective both inside and outside the organization;

The successful candidate will have proven leadership skills and abilities, along with:
  • Past experience working in Compliance for a limited purpose broker-dealer, preferably with a focus on capital markets and private funds distribution;
  • Strong written, verbal and presentation skills, including interacting with senior management;
  • Proven ability to lead with authority in a large, complex, organization;
  • Possess sound judgment, strong analytical skills, and be a flexible and creative problem solver;
  • Excellent interpersonal skills; the ability to build relationships with a range of individuals and personalities, at various levels of seniority; interact comfortably and effectively with senior management;
  • Must be a self-starter, a quick study and extremely resourceful;
  • Strong organizational skills; ability to prioritize and communicate with team members, track and constructively hold team accountable for deliverables
  • A strong sense of integrity and an ethical mindset, behaving consistently with the expressed values and principles of PIMCO

Position Requirements:

  • Minimum of 5 or more years in a compliance role with a multi-product global investment management firm
  • Prior involvement in the implementation of compliance programs under Rule 206(4)-7 of the Investment Advisers Act, FINRA and NFA regulations. Experience with private funds distribution and capital markets.
  • Strong background in fixed income, alternatives, derivatives, commodities and equity strategies offered in a variety of investment products including (i.e. open-end mutual funds, closed-end funds, ETFs, separate accounts and private funds)
  • Experience in financial intermediary due diligence, 3rd party distribution partnerships, e-mail surveillance oversight, licensing and registration matters and marketing compliance review coordination
  • Series 7, 24 are required

  • An undergraduate degree is required, graduate degree or Juris Doctorate preferred.


PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
  • Medical, dental, and vision coverage
  • Life insurance and travel coverage
  • 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
  • Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
  • Community involvement opportunities with The PIMCO Foundation in each PIMCO office

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