Asset Management Compliance Manager

TL;DR

Asset Management Compliance Manager (Investments/Compliance): Manage the asset management compliance program across portfolio compliance, trading compliance, proxy voting administration, liquidity risk management, sub-adviser oversight, and insider trading monitoring with an accent on identifying and analyzing compliance risks and building independent oversight, checks, and written procedures. Focus on SEC/IA/IC and state insurance commission compliance testing, monitoring variances, and reporting to oversight committees and boards.

Location: On-site in Minneapolis, MN (minimum three days a week)

Salary: $126,204.00 - $170,745.00 per year

Company

hirify.global is a membership-owned fraternal organization and holistic financial services organization providing investments, insurance, banking, and generosity programs.

What you will do

• Oversee portfolio compliance monitoring of client investment guidelines/restrictions and related regulatory requirements; maintain and test compliance rules and coordinate with an external compliance system vendor (BlackRock).
• Administer specialized investment compliance programs including liquidity risk management, derivative risk management, insider trading programs, and oversight of third-party service providers.
• Run firm-wide trade monitoring for compliance with regulations, investment policies/procedures, and reporting requirements, including commission management and trade allocation/best execution monitoring.
• Partner with trading, portfolio management, and legal to support decision-making through reporting, analysis, variance monitoring, and recommendations for actions when compliance issues arise.
• Develop reports for oversight committees and mutual fund boards; respond to inquiries from regulators, counterparties, and auditors.
• Continuously evaluate and improve compliance processes and controls; participate in projects and working groups for new regulatory requirements, markets, instruments, and mandates.

Requirements

• Bachelor’s degree in finance, accounting, or a related field.
• Minimum 7 to 10 years of related industry experience with securities/investment knowledge.
• Detailed knowledge of investments and investment products, including equity, fixed-income, derivative investments, and investment company products.
• Broad experience with investment management compliance testing methodologies and regulatory issues associated with the SEC, IA/IC, and State Insurance Commissions.
• Broad understanding of adviser system platforms and middle/back-office system platforms.

Nice to have

• Advanced degree (MBA, CPA, CFA, etc.).
• 5 to 7 years of investment adviser compliance experience.

Culture & Benefits

• Full-time role with market-competitive compensation and pay transparency range.
• Benefits may include medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and disability insurance; supplemental protection; and well-being benefits.
• Paid time off: 20 days Paid Time Off per year, Sick and Safe Time, and 10 paid company holidays.
• Volunteer Time Off and paid parental leave; EAP support.
• On-site work expectation: at least three days per week in Minneapolis, MN.

Hiring process

• Interviews and evaluation of compliance, analytical, and risk-identification experience.
• Assessment of fit for frequent priority shifts and cross-functional collaboration across Legal & Compliance, Trading, Portfolio Management, Investment Operations, and Mutual Fund Accounting.