Compliance Intern

Compliance Intern

Värde Partners is a $14 billion global alternative investment firm that employs a value-based approach to investing across a broad array of geographies, segments and asset types, including corporate and traded credit, real estate, mortgages, financial services, real assets and infrastructure. The firm sponsors and manages a family of private investment funds with a global investor base that includes foundations and endowments, pension plans, insurance companies, other institutional investors and private clients. Now in its third decade, Värde employs more than 270 people globally with regional headquarters in Minneapolis, London and Singapore.

Värde’s investing activities are guided by the following investment philosophy: (i) search opportunistically for undervalued or inefficient markets; (ii) invest in financial assets at a discount to their intrinsic value; (iii) identify catalysts for value recognition; (iv) pursue medium-term investment horizons; and (v) manage risk through diversified investment programs and trading strategies.

Our firm’s core values of Integrity, Excellence, Collegiality, Innovation and Humility are apparent in our workplace every day. Värde employees are rewarded for their contributions, especially their passion, expertise and ideas. For more information, please visit our website at www.varde.com . If you would like to be considered for employment with Värde Partners, please review our open roles on our careers page.

Opportunity:

• Work in a global fast-paced environment that invests in a diverse set of complex assets
• Assist the Compliance team with critical activities to fulfill Värde’s fiduciary obligations

Summary of Responsibilities:

Compliance

• Code of Ethics Program:
  • Assist with the review of quarterly brokerage account statements
  • Review employee trading exceptions
  • Assist with new hire and annual certification process including recording breaches as needed
  • Reconcile firm holdings and import needed updates
• Compliance Assessments:
  • Review and update all compliance manual responsibility matrices
  • Identify test steps related to responsibility changes made and make recommendations for revision
  • Prepare data request lists and communications to internal stakeholders
  • Perform compliance testing under guidance and identify potential issues
• Third Party Monitoring:
  • Monitor the daily LexisNexis news feed
  • Reconcile Asset Manager list to LexisNexis feed
  • Assist with periodic due diligence questionnaire requests and review submissions
• Other Projects:
  • Prepare employee data to create weekly import file Assist with other compliance projects as needed

Qualifications:

• Currently pursuing 4-year college degree in compliance, accounting, finance, or general business
• Detail oriented with strong analytical skills. Ability to think big picture while still operating in detail-oriented environment
• Strong Excel skills
• Personal characteristics of self-confidence, resourcefulness, self-motivation, discipline, detail orientation and ability to assume responsibility for decisions and the ability to deal effectively with people in a variety of relationships and situations
• Excellent written & verbal communication
• The successful applicant for this position must be authorized to work in the United States without sponsorship