Compliance Officer, Portfolio Management & Trading Compliance

U.S. Bank•Tempe, AZ

19h•Hybrid

About The Position

The Compliance Officer is responsible for developing and monitoring the USBAM/PFMAM compliance program under SEC Rule 206(4)-7, including oversight and due diligence review of the investment adviser and sub-advisers. The position also supports portfolio and trading compliance and daily monitoring of trade activity. The role works directly with senior management and advises executive and line management on emerging compliance issues, policies, procedures, and controls. The position requires an early shift aligned with U.S. East Coast markets: 5:30 a.m.–2:00 p.m. PT, 7:30 a.m.–4:00 p.m. CT, or 8:30 a.m.–5:00 p.m. ET. The role requires working from a U.S. Bank location at least three days per week. The anticipated start date is February 2027.

Requirements

Bachelor's degree in Business, Finance, Accounting, or a related discipline, or equivalent work experience.
Typically more than six years of applicable experience in investment adviser or mutual fund regulatory compliance.
Ability to work an early shift aligned with U.S. East Coast markets.
Ability to work from a U.S. Bank location at least three days per week.

Nice To Haves

Significant compliance experience at an investment management company and/or investment adviser.
Proven ability to work in a fast-paced, risk-conscious environment while supporting business strategies.
Ability to interface effectively with management and team members.
Sophisticated use of information technology in support of compliance functions, including experience with the Bloomberg compliance module.
Demonstrated success working within processes, procedures, and systems that optimize compliance and business results.
Leadership, consulting, presentation, and project management skills.
Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends affecting the assigned business line.
Considerable understanding of the business line’s operations, products and services, systems, and associated risks and controls.
Thorough knowledge of risk, compliance, and audit competencies.
Strong analytical, process facilitation, and project management skills.
Effective presentation, interpersonal, written, and verbal communication skills.
Proficient computer navigation skills with software packages including Microsoft Office, word processing, spreadsheets, databases, and presentations.

Responsibilities

Assist the Compliance Director with the compliance program under SEC rules 206(4)-7.
Develop expertise and serve as a resource on policies and procedures concerning best execution, trade allocation, training, adviser regulatory filings, and other supervisory responsibilities.
Develop and maintain adviser policies and procedures that reflect current operational practices.
Contribute to portfolio compliance for USBAM/PFMAM separate accounts, funds, and institutional accounts.
Support the CCO and Compliance Director on trading compliance and compliance rule setup in the trade order management system.
Review daily account data and changes, and review and amend investment policy statements.
Review daily alerts and warnings in the trade order management system, communicate with portfolio managers and traders, and track outstanding issues through resolution.
Follow through on compliance and business issues for senior management and help resolve them.
Identify and communicate relevant regulations in support of compliance and business success.
Provide transaction-, project-, and policy-specific compliance support to help ensure applicable laws, regulations, and organizational standards are observed.
Build productive relationships within USBAM/PFMAM through clear communication, mutual understanding, and shared objectives.
Assist with vendor management, reporting, and inquiries as needed.
Assist with research and responses to federal regulatory examinations and internal audits.
Maintain productive relationships with internal auditors and regulators.
Assist with compliance control reviews and testing, respond to requests, and manage issues arising from reviews.
Assist with weekly, monthly, quarterly, and annual reporting.
Contribute ideas for systems that automate compliance and improve operational efficiency.
Assist with record-retention policies and large-data management.
Work closely with USBAM/PFMAM Legal and Corporate Compliance and follow through on compliance-related issues.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic and optional term life insurance.
Short-term and long-term disability insurance.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of two to five weeks depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
Adoption assistance.
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.
Pension.