Asset Management Compliance Manager

Job Responsibilities And Duties

• Oversee the Portfolio Compliance program, including compliance monitoring of account investment guidelines/restrictions and related regulatory requirements.
• Maintain and test existing compliance rules to ensure functionality and update as needed.
• Maintain effective interaction with external compliance system vendor (BlackRock).
• Oversee and administer specialized compliance programs within investments, including the Liquidity Risk Management, Derivative Risk Management, Insider Trading programs and related oversight of third-party service providers.
• Firm-wide trade monitoring to ensure compliance with regulations, investment policies and procedures and reporting requirements, including commission management and trade allocation/best execution monitoring.
• Partner with trading, portfolio management and legal to support decision making by providing reporting, analyzing results and monitoring variances, including recommending investment actions in response to compliance issues and coordinating on interpretive issues.
• Develop and prepare reports for oversight committees, Thrivent Financial for Lutherans and mutual fund Boards.
• Respond to various inquiries and information requests from regulators, counterparties, auditors, etc.
• Evaluate efficiency of compliance processes and related controls and improve them continuously.
• Develop and implement solutions to challenges and issues that are raised by stakeholders across the business.
• Participate in projects and working groups relating to new regulatory requirements, markets, instruments and mandates in order to assess the impact on investment compliance and restriction monitoring.

Job Qualifications

• Bachelor’s degree in finance, accounting or related field required.
• Minimum 7 to 10 years of related industry experience; securities/investment knowledge.
• Detailed knowledge of investments and investment products required, including equity, fixed-income and derivative investments and investment company products.
• Broad experience with investment management-related 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.
• Advanced degree (MBA, CPA, CFA, etc.) preferred.
• 5-7 years investment adviser compliance experience preferred.

Additional Information

This position requires you to work on-site in Minneapolis, MN a minimum of three days a week.

Pay Transparency
Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $126,204.00 - $170,745.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Other
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.