Senior Compliance Officer (Investment Compliance Specialist) (Primarily Home)

This position will work closely with the American Family Investments’ Management, Portfolio Managers, Operations, Risk, Technology, and various departments at AMFAM Group, such as, Corporate Legal, Corporate Compliance, Internal Control, and Internal Audit, to assess and monitor the compliance program for the firm. Participates in supporting all compliance efforts, including but not limited to, daily compliance monitoring, audits, examinations, inquiries, reporting, certifications, due diligence meetings, and the development and maintenance of policies & procedures.

Position can be fully remote (in the United States).

Position Compensation Range:

$113,000.00 - $194,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

• Oversee monitoring and enforcement activities including but not limited to: conduct daily overnight exception alerts on internally and externally managed separate accounts and addressing any violations in a timely manner. Conduct unauthorized rule coding reconciliations and monitoring manual rules on a periodic basis. Conduct pre-trade and intra-day monitoring on internally managed separate accounts and address violations as they occur real-time throughout the trading day.

• Monitor and report to Compliance Manager any potential investment policy potential breaches and any other conflicts of interest that would result in unfair or illegal trading practices. Responsible for ensuring compliance with all applicable federal (SEC, FINRA, ERISA, OFAC, etc.) and state insurance regulations.
• Oversee and collaborate with unaffiliated investment advisers to ensure compliance with IMA and investment guideline limits and restrictions. Reviews unaffiliated investment advisers’ quarterly/annual certification questionnaires and communicating notable findings to management.
• Ensure annual regulatory compliance certifications for insurance companies are completed and delivered to relevant stakeholders in advance of regulatory filing deadlines.
• Assist in reviewing and maintaining firm-wide policies and procedures including trading strategies, technology, investment guidelines, regulations, and/or daily workflows. Conduct annual testing of compliance procedures and documenting findings. Partner with AMFAM Corporate Legal and Compliance, Internal Controls/Audit, external investment managers, and other departments to develop, implement, and enforce policies and procedures for American Family Investments.
• Code tests in Blackrock Aladdin to monitor investment guideline limits and restrictions and operational data validation checks. Maintain the Aladdin tests rule library to make sure it remains consistent with the most current guidelines, policies, and applicable securities laws.
• Manage the compliance relationship with Blackrock to ensure timely responses to the firm’s compliance-related inquires and ensure that the latest compliance functionality is being utilized by American Family Investments. Oversee the full development lifecycle for all tokens and macros that are introduced and/or modified within Aladdin. Support the compliance daily workflow by troubleshooting and/or escalating any systems-related issues in a timely manner.
• Assist in the administration of the compliance program, including oversight of the Code of Ethics and related compliance systems and processes. Responsibilities include maintaining and administering compliance software, onboarding and training new employees on the Code of Ethics, maintaining compliance records and systems, and reviewing and approving personal securities transactions, outside business activities, etc., in accordance with firm policies and applicable regulatory requirements.
• Facilitate audits and examinations and prepare attestations for internal/external auditors, regulatory bodies, and third parties/vendors, such as, SWIFT, state insurance regulators, federal regulatory agencies.
• Prepare, review, and submit timely regulatory filings, including Form 13F, Schedule 13G, Form 13H, and Form N-PX, ensuring accuracy, completeness, and compliance with SEC filing deadlines.
• Provide ad hoc support to American Family Investments management and other departments.
• Provide thought leadership on industry best practices for compliance and educate the portfolio management team on new regulatory developments as they arise.

Specialized Knowledge and Skills Requirements

• Experience with providing client-driven solutions, support, and service.
• Deep understanding of securities trade lifecycle, trading practices, and workflows for various financial instruments and asset classes, specifically, Treasuries, Corporates, Municipals, ABS, CMBS, Equities, Convertibles, Commercial Real Estate Loans, Private Equity, and/or Derivatives.
• Background in Investment Advisers Act of 1940, Investment Company Act of 1940, SEC reporting, ERISA, State Insurance Regulations, AML, KYC, OFAC sanction monitoring, and/or designing/executing compliance policies and procedures.
• Familiarity with other operational groups such as investment accounting and investment management operations.
• Understanding of technology, capital market, and accounting data flows, and relational databases.
• Prior securities market data experience and/or knowledge a plus (i.e. Bloomberg, Refinitive, NRSRO, any benchmark providers, etc.).
• Experience with using buy-side compliance software systems, such as Blackrock Aladdin, Bloomberg AIM, Orion Compliance, StarCompliance, MyComplianceOffice, etc.
• Advanced degree(s) in Business Management, Finance, or Economics preferred.
• Professional designation/certification (i.e. IACCP, CFA, CSCP, or CAMS) a plus.

Additional Information

• To ensure a strong start, all employees participate in our New Employee Orientation during their first week.  This experience is held in person at our Madison, WI Headquarters or one of our AmFam core locations to help you connect with our mission, meet key team members and build relationships that support your growth.  At times, sessions may be delivered virtually based on scheduling and availability. 
• Offer to selected candidate will be made contingent on the results of applicable background checks
• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
• Sponsorship will not be considered for this position unless specified in the posting

In this primarily home-based role, on occasion you may be asked to travel to an office location for in person engagement activities such as team meetings, trainings, and culture events.

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email to request a reasonable accommodation.

Originally posted on Himalayas