Senior Compliance Manager/Officer

Ameriprise Financial, Inc.
Boston, USA
21 May 2022
28 May 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The Senior Compliance Manager is part of the Account Establishing Team within Investment Compliance and is responsible for analyzing investment guidelines for institutional separately managed accounts and mutual, sub-advised, private and collective funds. The Senior Compliance Manager codes investment restrictions in the respective order management system to assist the Portfolio Managers in managing accounts within the investment guidelines and provides training Portfolio Managers on their accounts.


• Review investment management agreements and prospectuses to identify and analyze investment guidelines and restrictions.
• Ensure guidelines and restrictions are optimally and accurately coded into compliance systems for ongoing monitoring of funds/accounts' guidelines and provide training to Portfolio Managers on investment guidelines.
• Work closely with the investment compliance team, portfolio managers, legal, and vendors to continuously improve compliance monitoring of investment guidelines and regulatory rules by assisting with rule testing, new rule development, improving the automated monitoring of rules, and ensuring rules are working as intended.
• Coordinate and collaborate with the contracts office, client service, product and/or legal to clarify interpretive issues related to investment guidelines or disclosure documents. You will build a strong internal network and sense of working together toward a common goal.

Required Qualifications

•Bachelors degree or equivalent (4-years)
•7-10 years of relevant experience
•Strong analytical and problem-solving skills, as well as strong verbal communication and interpersonal skills with all levels of seniority
•Ability to work independently and as a team, exercise flexibility, initiative, good judgment, and discretion
•Compliance rule coding and testing experience, preferably using BlackRock Aladdin or similar order management systems

Preferred Qualifications

•Understanding of the Investment Company Act of 1940, Investment Adviser's Act, Canadian, UK, and European regulatory frameworks, such as various UCITs and NI 81-102 rules
•Understanding of financial instruments across asset classes in the investment compliance monitoring context, including equity, fixed income, and derivative instruments

About Our Company

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
  • You need to sign in to save