Portfolio Compliance Consultant

Job Purpose:

  • The Portfolio Compliance Consultant is responsible for a broad range of regulatory and compliance work that involves the oversight and support of the mutual fund Compliance Program
  • Responsibilities include identifying, researching, analyzing, and recommending resolutions to potential portfolio compliance issues; preparing board and client reports; working with IT to implement new technologies for monitoring compliance; documenting processes, assisting in the implementation of new regulatory requirements and new product requirements for monitoring compliance, and assisting in department planning.

Your Responsibilities:

  • Monitor and review portfolios for compliance with investment objectives, limitations and restrictions as identified in the prospectus and statement of additional information, investment management agreements, board and internal policies, regulatory and other applicable restrictions. Account types monitored may include retail (Exchange Traded Funds and Mutual Funds) or institutional (subadvised, separate, commingled, ERISA, etc.) equity, fixed income, and liquid alternative portfolios
  • Actively identify potential compliance exceptions and conduct research. Resolution requires review and analysis of compliance requirements, data quality, systems, monitoring processes, and includes communication with internal or external customers and partners
  • Review assigned prospectuses, statements of additional information and management agreements to identify investment policies and restrictions. Prepare and update compliance checklists
  • Prepare and present regular and special reports for fund boards, institutional clients, and internal users. Prepare assigned regulatory filings
  • Partner with business units including investment management, trading, investment operations, IT and legal
  • Work with the portfolio compliance team and IT to develop new processes or update current monitoring and reporting processes as needed due to changes in rules and regulations or new products, portfolios, or strategies
  • Manage highly complex Compliance matters with minimal supervision
  • Contribute to the analysis and portfolio compliance monitoring of complex securities and derivatives
  • Maintain documentation of processes
  • Participate in special projects as needed.

Skills and Qualifications:

Distinguishing Characteristics

  • Models the American Century Investments Winning Behaviors- Client Focused, Courageous and Accountable, Collaborative, Curious and Adaptable, Client
  • Able to develop good working relationships with internal and external customers and partners.
  • Able to recognize and handle sensitive issues with tact and discretion
  • Able to work independently, and as a team member
  • Able to learn specialized applications used in the portfolio compliance program (Sentinel, Bloomberg, State Street, PO Manager, CORE, BOB, Exposure, , etc.)
  • Ability to use technology resources (Data Quant, Tableau, etc.) to develop compliance efficiencies and streamline existing processes
  • Able to think conceptually and translate plans into actionable steps for others
  • Excellent research and writing skills
  • Able to perform work accurately; attention to detail is essential
  • Strong communication and organizational skills
  • Able to prioritize tasks and meet deadlines

Required Experience

  • Bachelor’s degree in Business, Economics, Finance, Accounting or other related field, or an equivalent combination of education and experience
  • 5+ years of investment industry and compliance monitoring experience with focus on the Investment Company Act. Advanced knowledge of the regulatory environment of mutual funds, exchange traded funds and advisory accounts, such as the ’40 Act and Advisors Act, and applicable provisions of the ’33 Act, ’34 Act, ERISA and the IRC
  • Extensive experience with Exchange Traded Funds (ETFs) is preferred
  • Strong knowledge of foreign regulatory environments, including UCITS
  • Proven ability to prepare and administer mutual fund compliance policies and procedures
  • Understanding of the investment management industry and portfolio securities, such as equity, fixed income, currency, and exchange traded and OTC derivatives
  • Familiarity with the firm and its products
  • Experience in areas such as compliance, accounting, auditing, investment operations, a regulatory environment, etc
  • Experience with compliance-related systems and data sources
  • Normal office environment
  • Some overtime may be required
  • Occasional travel.

Source: for more information click here.

More Information

  • Experience 5-7 Years
Apply for this job Apply via LinkedIn
Share this job
Company Information
  • Address PO Box 419200 Kansas City, MO 64141-6200
Connect with us

INTERESTED IN A CAREER IN THE ETF INDUSTRY?

Get the latest career opportunities from Jobs in ETFs straight to your inbox.