Assistant Director Investment Compliance
Milwaukee, WI, 53205, USA
- Marketing
- Full-time
- investment compliance
- SEC regulations
- investment advisers
The Assistant Director Investment Compliance supports and oversees compliance programs for investment advisers and mutual fund entities, ensuring adherence to SEC regulations and advancing the company’s culture of compliance. This role involves risk assessment, policy development, and collaboration with business partners to resolve compliance issues and achieve business objectives. The position requires expertise in investment compliance, regulatory knowledge, leadership skills, and the ability to manage complex compliance challenges across the enterprise.
Summary
In collaboration with and under the direction of divisional leadership and the Chief Compliance Officer (CCO) of Northwestern Mutual’s registered institutional investment adviser and mutual fund entities – Northwestern Mutual Investment Management Company, Mason Street Advisors, and Northwestern Mutual Series Fund – this role is responsible for providing advanced support, building relationships and consulting across the enterprise on a wide variety of topics to advance the company’s compliance culture while ensuring business objectives are achieved.
Primary Duties & Responsibilities
Support the administration and oversight of compliance programs under SEC rule 206(4)-7 under the Investment Advisers Act of 1940 and rule 38a-1 under the Investment Company Act of 1940.
Support the administration and oversight of compliance programs under SEC rule 206(4)-7 under the Investment Advisers Act of 1940 and rule 38a-1 under the Investment Company Act of 1940.Assist the registered institutional investment adviser and mutual fund entities with their offerings, such as mutual funds, collateralized loan obligations, and private funds.
Assist the registered institutional investment adviser and mutual fund entities with their offerings, such as mutual funds, collateralized loan obligations, and private funds.Execute the divisional strategy for engagement across the enterprise with the objective of advancing the company’s culture of compliance while achieving business targets.
Execute the divisional strategy for engagement across the enterprise with the objective of advancing the company’s culture of compliance while achieving business targets.Understand applicable rules and regulations to independently identify, assess and consult to the mitigation of risk with enterprise business partners across a wide range of compliance topics.
Understand applicable rules and regulations to independently identify, assess and consult to the mitigation of risk with enterprise business partners across a wide range of compliance topics.Resolve complex or unusual compliance risk issues in partnership with business partners and communicates across enterprise stakeholders to ensure alignment.
Resolve complex or unusual compliance risk issues in partnership with business partners and communicates across enterprise stakeholders to ensure alignment.Identify and assess compliance implications to business areas from new and/or updated rules and regulations.
Identify and assess compliance implications to business areas from new and/or updated rules and regulations.Serve as a subject matter expert on areas of specialized technical expertise, as assigned.
Serve as a subject matter expert on areas of specialized technical expertise, as assigned.May have ownership of elements of the compliance programs and ensure work associated with such assignments is executed (e.g., policy review and development, oversight and surveillance, training, reporting).
May have ownership of elements of the compliance programs and ensure work associated with such assignments is executed (e.g., policy review and development, oversight and surveillance, training, reporting).Participate in projects or efforts in support of the division or department priorities and objectives as needed.
Participate in projects or efforts in support of the division or department priorities and objectives as needed.
Qualifications:
Minimum of 6 years of relevant experience.
Minimum of 6 years of relevant experience.Bachelor's degree or equivalent combination of education and experience preferred.
Bachelor's degree or equivalent combination of education and experience preferred.Experience in SEC-registered investment adviser and investment company regulation and operations.
Experience in SEC-registered investment adviser and investment company regulation and operations.Understanding of the financial services and investment advisory industries, and comprehensive knowledge of investment departments and investment types.
Understanding of the financial services and investment advisory industries, and comprehensive knowledge of investment departments and investment types.Demonstrated competency with investment reporting and compliance tools and systems commonly used in the industry.
Demonstrated competency with investment reporting and compliance tools and systems commonly used in the industry.Strong organizational leadership presence and proven ability to cultivate relationships and influence individuals at all levels of the organization.
Strong organizational leadership presence and proven ability to cultivate relationships and influence individuals at all levels of the organization.Ability to communicate complex ideas and assist in anticipating potential challenges.
Ability to communicate complex ideas and assist in anticipating potential challenges.Ability to support the resolution of complex business problems with compliance implications by applying advanced analytical and critical thinking.
Ability to support the resolution of complex business problems with compliance implications by applying advanced analytical and critical thinking.
#LI-Hybrid
Compensation Range:
Pay Range - Start:
$102,060.00Pay Range - End:
$189,540.00Geographic Specific Pay Structure:
Structure 110:
$112,280.00 USD - $208,520.00 USDStructure 115:
$117,390.00 USD - $218,010.00 USDWe believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.
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Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Skills
Risk Assessment & Identification (NM) - Advanced, Continuous Improvement (NM) - Advanced, Project Management (NM) - Advanced, Attention to Detail (NM) - Advanced, Policy & Procedure (NM) - Advanced, Cross Functional Partnering & Planning (NM) - Advanced, Decision Making (NM) - Advanced
FIND YOUR FUTURE
We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups
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