Compliance Specialist
Salary: $80K-$95K with a 10% target bonus

 Reporting to the Compliance Manager, the incumbent will support Federal Energy Regulatory Commission (FERC) and applicable State license compliance activities necessary to operate and maintain hydroelectric power generation assets.  These duties include the preparation of compliance documentation and FERC license amendment... applications, conducting stakeholder discussions, and providing timely responses and report submissions to the FERC and other Federal or State agencies.

More specifically, the Compliance Specialist will have the following responsibilities:


- Developing and submitting letters and reports required for FERC license and State permit requirements and ensuring timely submission to meet required deadlines

- Overseeing the implementation of and compliance with FERC, State and corporate dam safety regulations, programs, initiatives and inspection programs, including the development of and submission of required reports. Coordinate FERC, State, and internal dam inspections. Manage Dam Safety EAPs (Emergency Action Plans)

- Ensure compliance with all applicable regulatory licenses, permits, and codes of operation and conduct

- Prepare, track, and ensure timely submission of required reports to applicable regulatory agencies

- Manage schedules for regulator inspections and meetings, and lead onsite visits or virtual meetings

- Assess the risk/impact of company activities and projects and advising project team of environmental issues, flows, and water level fluctuations/modifications

- Develop strategies and action plans that comply with company HSSE (Health, Safety, Security and Environmental) policies and procedures

- Monitor Brookfield's recreational programs, policies, and procedures to comply with applicable local, state and federal regulations and company requirements

- Assist in completion of environmental and engineering studies, hydraulic analyses, operations modeling, upgrade and expansion studies, and economic evaluations;

- Initiating and participating in meetings and discussions with regulators. Consulting with required agencies regarding water management plans and other regulatory issues

- Interpreting, analyzing, and compiling data related to monitoring instrumentation, stream flow gaging, water levels, environmental studies, etc. for FERC license and State compliance reports



Required Skills:

- Ability to understand and interrupt state/local and FERC-related regulations and requirements;

- Strong time management skills with the ability to organize, plan, prioritize and manage multiple tasks and projects;

- Ability to proactively establish and maintain effective relationships at all levels of the organization and with external vendors and agencies;

- Strong attention to detail and follow-through and have the ability to keep data and documents organized and error free;

- Strong critical thinking and analytical skills;

- Highly motivated and have the ability to work independently and cooperatively with others;

- Excellent verbal and written communications, team-oriented work practices, and strong statistical and technical problem-solving skills;

- Proficient in Microsoft Office products including Excel, Word, PowerPoint.



Required Experience:

- Bachelor’s Degree in Engineering, Environmental Studies, or a related discipline or demonstrated work experience commensurate with the responsibilities of the position;

- 3+ Years preferred


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Location

Brookfield Place New York - 225 Liberty Street, Suite 3501
Business - Brookfield Oaktree Wealth Solutions

Brookfield Asset Management, a leading global alternative asset manager, has an exemplary 100+ year history of owning and operating real assets and related businesses. In 2019, Brookfield acquired a majority interest in Oaktree Capital, a leader among global investment managers... specializing in credit and other alternative investments. Together, Brookfield and Oaktree share a long-term, value-driven, contrarian investment style, focusing on sectors in which their in-depth operating experience and market knowledge provide a competitive advantage. 
Brookfield Oaktree Wealth Solutions is a dedicated business delivering the unparalleled alternative investment expertise of Brookfield and Oaktree to private wealth investors, in partnership with their financial advisors. The business unit is dedicated to effectively supporting the financial intermediary community and bringing timely & unique solutions to market with the individual investor in mind.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description

Brookfield Oaktree Wealth Solutions (BOWS) is seeking a Paralegal (Associate) to join its in-house Legal team supporting the corporate and funds distribution group in its New York office.  This role will support to attorneys on legal, regulatory and operational matters relating to the global distribution of products sponsored by Brookfield Asset Management (Brookfield), Oaktree Capital Management (Oaktree) and Brookfield Public Securities Group (PSG) and distributed by BOWS.  The paralegal will be responsible for supporting all facets of BOWS’ Legal team, including developing new wealth management products for distribution through private wealth intermediaries, onboarding of new private wealth intermediary distribution relationships, ongoing support of new product sales through our Sales, Investor Relations and Platform Operations teams and managing all general corporate matters related to BOWS as a globally-operating, regulated legal entity.  The candidate will collaborate with other Legal & Regulatory personnel at BOWS as well as Legal & Regulatory teams at both Brookfield and Oaktree, as needed, and engage with external counsel to ensure alignment of legal and regulatory approach(es) across Brookfield and Oaktree. 

Key Responsibilities
- Support attorneys in drafting, reviewing and maintaining investment fund distribution agreements, placement agreements and selling agreements in relation to Brookfield, Oaktree and PSG private fund and evergreen products.

- Manage execution, filing and recordkeeping of distribution and other related agreements and track internal obligations within such agreements.

- Maintain databases and trackers for distribution agreements, regulatory filings and jurisdictional requirements and oversee BOWS’ Legal & Regulatory document management and retention system.

- Maintain and update internal templates, checklists and precedents to streamline distribution related processes.

- Engage with personnel from technology and service platform partners that BOWS partners with to develop feeder fund and other related fund structures.

- Assist with the development, maintenance and review of subscriptions agreements, transfer forms, account maintenance and other required forms for various evergreen products distributed by BOWS.

- Engage with Brookfield’s and Oaktree’s internal and external legal teams and facilitate coordination among internal teams (i.e. compliance, product, marketing, sales, operations) throughout fund launches, negotiation of agreements and ongoing distribution activities.

- Review and negotiate general corporate and vendor-related agreements and work with assigned attorney to finalize and execute

- Assist with review of subscription and private placement agreements to onboard institutional clients directly into Brookfield and Oaktree master funds, as well as facilitating employee investments directly into Brookfield and Oaktree products.

- Review and coordinate responses to initial and ongoing due diligence requests from wealth management intermediaries.

- Conduct basic legal research on global securities distribution rules and provide summaries to attorneys.

- Coordinate and maintain corporate governance documents, including authorized signatory lists, operating agreement(s), Form W-9s, organizational charts, and good standing certificates.

- Assist in the filing of regulatory submissions including FINRA submissions, DTCC, NASAA and state notice filings.

- Provide administrative support for BOWS’ global intellectual property rights including maintaining records of and coordinating with counsel on trademark registrations, renewals and filing deadlines in jurisdictions globally and ensure proper use of trademarks in fund documents.

- Handle notarization and apostille of documents.

- Provide other day-to-day operational and administrative legal support including scheduling, formatting documents and preparing meeting agendas and materials. 


Candidate Profile
- Bachelor’s Degree from an accredited institution; a paralegal certification or other relevant certification is preferred.

- 2-5 years’ experience at a private law firm, asset manager, or broker-dealer. 

- Familiarity with U.S. securities laws (Securities Act, Investment Advisers Act, Investment Company Act) and distribution of investment products  by private wealth management intermediaries preferred.

- Strong client orientation with excellent interpersonal and communication skills.

- Proficiency in Microsoft Office and experience with document management and compliance tracking systems. Familiarity with the FINRA portal, EDGAR and NASAA EFD system a plus.

- Desire to work in a team‐based entrepreneurial environment with an ability to partner effectively with business teams, collaborate and build relationships with individuals at all levels of the organization.

- Strong analytical, problem-solving and project management skills combined with attention to detail and thoroughness.

- Excellent written and verbal communication skills with the ability to draft clear, concise and professional correspondence.

- Resourceful, commercial, proactive and the ability to identify and escalate issues as they arise.

- Excellent organizational skills with the ability to manage multiple priorities, meet competing deadlines and work in a dynamic, fast-paced, deadline-driven, global environment.



Salary Range: $100,000 - 125,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. more