Head of Investment Compliance

Thornburg Investment Management • Cuyamungue, NM

23h

About The Position

Thornburg is seeking an experienced investment compliance professional to lead our investment compliance function. As Head of Investment Compliance, you will be responsible for establishing and maintaining a comprehensive compliance framework that ensures our investment activities adhere to all applicable regulations, internal policies and fiduciary obligations. In addition, you will be responsible for assisting with material non-public information, research/commissions oversight, trade errors, and other investment compliance issues. This is a critical leadership role that requires both strategic thinking and hands-on execution in a complex and fast-paced investment environment

Requirements

• Bachelor’s degree in finance, law, business, accounting, or related field required.
• Minimum 10 years of investment compliance experience at an asset management firm, with direct exposure to equity and fixed-income mutual funds, ETFs, UCITS, and separately managed accounts.
• Demonstrated leadership in designing, implementing, and overseeing comprehensive compliance programs.
• Proven ability to engage and influence stakeholders at all levels, including senior leadership, regulators, and clients.
• Deep knowledge of the Investment Company Act of 1940 and the Investment Advisers Act of 1940
• Familiarity with global regulatory frameworks (e.g., MiFID II, UCITS, AIFMD, Irish Central Bank) and their impact on asset management operations.
• Experience managing and developing compliance teams of varying sizes.
• Significant hands-on experience with order/execution management systems, preferably Bloomberg AIM.
• Understanding of portfolio management processes, trading operations and investment strategies across multiple asset classes.
• Strong communication skills and ability to engage and influence stakeholders at all levels
• Strong analytical and problem solving skills with the ability to assess complex compliance issues and develop practical solutions.

Nice To Haves

• Advanced degree (JD, MBA, or Master’s in Finance) strongly preferred.

Responsibilities

• Regulatory Oversight & Program Management: You will design, implement and oversee the firm’s investment compliance program, ensuring adherence to SEC, FINRA, Irish Central Bank regulations, and other regulatory requirements.
• Investment Monitoring & Surveillance: You will establish and maintain surveillance systems to monitor portfolio management activities, trading practices and investment restrictions. This also includes ensuring compliance with client investment guidelines, prospectus requirements and regulatory restrictions across all investment strategies.
• Advisory & Training: You will serve as a trusted advisor to portfolio managers, traders and senior leadership on compliance matters. This may include providing guidance on new investment products, trading strategies and business initiatives.
• Committee Representation & Client Facing: You will be asked to participate in various committees across the firm such as best execution, liquidity, pricing and valuation, derivatives and enterprise risk. Additionally, you will be asked to meet with clients in due diligence meetings to explain your role as Head of Investment Compliance.
• Risk Management & Reporting: You will identify, assess, and mitigate compliance risks across the investment platform. This may include conducting risk assessments, testing key controls, investigating potential violations and reporting findings to senior management.
• Regulatory Change Management: You will monitor regulatory developments affecting the asset management industry and assess their impact on firm operations. This would include implementing necessary policy changes, system enhancements and process modifications to maintain compliance with evolving requirements.

Benefits

• Medical, dental, and vision coverage.
• Employer 401(k) safe harbor and profit-sharing contributions.
• Work/life programs such as flexible work arrangements, flexible paid time off, paid parental leave, employee assistance plan, commuter benefits, student loan repayment program, education reimbursement program.
• Community involvement opportunities.
• Onsite cafeteria.
• Onsite fitness center.
• Referral program.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 251-500 employees