Compliance Analyst

Lincoln Financial•Radnor, PA

9d•$72,900 - $131,600•Hybrid

About The Position

The Compliance Consultant is responsible for supporting Lincoln’s Funds Management business team by implementing and maintaining complex compliance programs for Lincoln Variable Insurance Products Trust (LVIP), Lincoln Retail Private Market Funds (PM Funds), Lincoln Financial Investments Corporation (LFI), and Lincoln National Life’s managed separate accounts. The Funds Management compliance team primarily oversees compliance with federal securities regulations relating to these companies/accounts and many supporting service providers including investment sub-advisors, principal underwriters, administrators, transfer agents, consultants, and others. Additionally, the Compliance Consultant is responsible for effective implementation of these compliance programs, with emphasis on policies and procedure testing and service provider oversight, while supporting all duties and responsibilities of Funds Management.

Requirements

4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
3 - 5+ Years experience in compliance that directly aligns with the specific responsibilities for this position (Required)

Responsibilities

Developing and performing compliance reviews and analyses to assess compliance with policies and procedures and regulatory requirements for LVIP, PM Funds, LFI and its sub-advisers.
Supporting quarterly and annual testing of compliance policies and procedures to ensure effective implementation, documents results, and develops action plans for remediation of findings.
Collaborating with appropriate stakeholders to ensure action plans capture and remediate the issues found during testing.
Supporting periodic review of all compliance policies and procedures and related updates.
Assisting the Enterprise Anti-Money Laundering (AML) Compliance team with the administration of LVIP’s, PM Funds’ and LFI’s AML programs, including assistance with reviewing issues and alerts escalated by service providers.
Supporting investment guideline and restriction monitoring through a post-trade surveillance system.
Supporting LVIP’s, PM Funds’, and LFI’s risk management programs by performing risk assessments, recommending risk scores, and maintaining risk inventories.
Supporting the tracking of service providers’ compliance policies and procedures, communicated through quarterly compliance questionaries or otherwise, and updating policies and procedures inventories in a timely manner.
Coordinating the review of sub-advisers’ control reports, summarizing findings, and maintaining a calendar to ensure timely receipt and review.
Supporting the administration of LVIP’s, PM Funds’, and LFI ‘s Code of Ethics programs including analyses of securities transactions and maintenance of required statements for those individuals subject to the Code.
Preparing monthly, quarterly, and annual compliance reports to business partners and LVIP/PM Funds/LFI Board of Trustees/Directors.
Establishing and maintaining effective relationships with business partners and service providers.
Collaborating with colleagues on compliance projects as assigned.
Identifying and recommending process improvements that may reduce workloads or improve quality.
Championing and enhancing organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
Serving as a resource and consulting with internal/external stakeholders on a broad variety of compliance matters/issues.
Obtaining input from management as appropriate before making internal/external statements or providing information that could impact the corporation.
Providing effective and open communication with internal/external stakeholders to ensure transparency and consistency of compliance actions.