Investment Compliance Expert - Chicago, IL (Hybrid)

Allstate

1d • $110,000 - $181,025 • Hybrid

About The Position

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. We are seeking a Compliance Manager to support and strengthen our Registered Investment Adviser (RIA) compliance program. The team is responsible for designing, implementing, and operating a compliance program aligned with the Investment Advisers Act of 1940, with a strong emphasis on exam readiness, risk identification, and practical supervision. This role partners closely with the Investments Chief Compliance Officer and senior leaders across Legal, Risk, Operations, and the Investments business unit to help ensure the firm maintains a robust compliance framework aligned with SEC rules, firm policies, and regulatory expectations. Additionally, this role supports Investments by responding to complex and non-routine inquiries and the Compliance Department in supervising the routine and performing the semi complex day to day functions of the department. The Compliance Manager may also lead individuals in day to day and project related activities. The ideal candidate is hands-on, detail-oriented, and able to translate regulatory requirements into practical procedures, testing, training, and documentation.

Requirements

• 7+ years of experience in investment compliance, including policy development, monitoring, regulatory reporting, and risk assessment.
• Compliance
• Compliance Frameworks
• Compliance Policies
• Compliance Programs

Responsibilities

• Supervises, develops, maintains, and measures investment compliance policies, procedures, and controls.
• Administers annual certifications, brokerage account reporting, conflict disclosures, regulatory reporting and employee attestations.
• Manages critical compliance related ad-hoc and special projects from inception to implementation.
• Monitors regulatory developments and researches industry changes, trends, and best practices to recommend new or revised procedures as necessary.
• Monitors client portfolios for compliance with investment policy and statutory investment limits, works to resolve potential exceptions and administers compliance rules in the monitoring system.
• Reports routine and complex compliance exceptions and materials to the Investments Chief Compliance Officer senior leadership and responds to in-depth questions.
• Prepares management and governance reports for senior Investment leaders and the Adviser’s Board of Directors regarding the compliance programs results and potential issues.
• Performs periodic risk assessments, reviews and tests to ensure successful implementation of policies and procedures through surveillance, monitoring, and examinations.
• Guides junior compliance staff in day to day and project related actives.
• This job has potential supervisory duties.

Benefits

• Comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse.
• Monthly connectivity reimbursement to help offset internet costs for eligible remote workers.
• Dedicated, private workspace free from distractions, along with appropriate desk and seating required for remote work.
• Reliable internet required, with minimum speeds of 50 MB download and 5 MB upload for remote work.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed