Associate, Investment Compliance - Liberty Mutual Investments

Job Description

Come build on our integrated platform with industry-leading talent, world-class partners, and freedom to innovate.

Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty). With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long‑term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY. LMI has a clear purpose: drive economic growth, build enduring businesses side‑by‑side with our partners, and generate superior risk‑adjusted returns that secure Liberty’s promises.

LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long‑term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best.

Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive toward a better future.

#LMI

The LMI Compliance team is looking for a compliance attorney/professional to assist with our control room function to support LMI’s scaling private investment activity. This role requires frequent interactions with our investment teams and partners and a general understanding of this process – wall‑crossing, conflicts checks, company research, non‑disclosure agreements, and documentation/monitoring in our systems.

• Support LMI’s policies and processes to mitigate and manage potential conflicts arising from LMI’s public and private investment activity.
  • Monitor LMI deal pipeline, confer with deal teams as appropriate, and ensure appropriate tracking of potential transactions within LMI systems.
  • Research potentially impacted public securities and issuers, as well as deal/company facts to support materiality determinations; validate ongoing review of developments and status.
  • Support review, negotiation and execution of deal‑related non‑disclosure agreements.
  • Help drive transition to new compliance control room platform; work with colleagues to ensure successful integration with LMI pipeline platform and migration of legacy data.
  • Experience with control room/trading systems and related technology/data a plus (e.g., Aladdin, Dealcloud, MCO, Bloomberg, Pitch Book, CapIQ).
• Support regulatory analysis on issues affecting LMI, including securities and insurance regulation matters.
  • Assist with LMI’s monitoring/tracking of applicable regulatory and industry developments; draft related summaries, guidance and proposed policy language as needed.
  • Participate as needed in a range of ad hoc and special projects with Compliance team and other LMI colleagues e.g., risk assessments, regulatory reporting, firm and corporate governance, etc.
• Broad understanding of investment compliance programs (code of ethics, policies, testing, controls, etc.) in order to offer on‑site compliance support to NY‑based employees.

• Competencies typically acquired through at least a bachelor’s degree and 5 or more years of relevant investment, compliance or legal experience; JD, control room experience, and experience with deal‑related non‑disclosure agreements a plus.
• Experience with and solid understanding of various asset classes and investment products; experience with private credit a plus.
• Basic knowledge of securities regulation and investment compliance topics – Investment Advisers Act of 1940, management of confidential and material non‑public information, SEC and other regulatory requirements for buy‑side institutional investors.
• Desire to expand knowledge of regulatory/legal/compliance topics applicable to…