Senior Compliance Officer (Investment Compliance Specialist) (Primarily Home)

American Family Insurance•Boston, MA

3d•$113,000 - $194,000•Remote

About The Position

The Senior Compliance Officer (Investment Compliance Specialist) supports and monitors the compliance program for American Family Investments, working with management, portfolio managers, operations, risk, technology, and American Family Group departments. The position oversees investment compliance monitoring, regulatory reporting, audits, examinations, policies and procedures, and compliance systems. It can be performed fully remotely within the United States, with occasional travel to an office for in-person activities and first-week orientation at a Madison, Wisconsin headquarters or another core location. The role reports potential breaches and conflicts to the Compliance Manager and provides guidance on regulatory developments and compliance best practices.

Requirements

Experience providing client-driven solutions, support, and service.
Deep understanding of securities trade lifecycle, trading practices, and workflows for financial instruments and asset classes such as Treasuries, corporates, municipals, ABS, CMBS, equities, convertibles, commercial real estate loans, private equity, and/or derivatives.
Background in securities and investment regulations and compliance, including areas such as the Investment Advisers Act of 1940, Investment Company Act of 1940, SEC reporting, ERISA, state insurance regulations, AML, KYC, OFAC monitoring, and/or compliance policy design and execution.
Familiarity with operational groups such as investment accounting and investment management operations.
Understanding of technology, capital market and accounting data flows, and relational databases.
Experience using buy-side compliance software such as Blackrock Aladdin, Bloomberg AIM, Orion Compliance, StarCompliance, or MyComplianceOffice.

Nice To Haves

Prior securities market data experience or knowledge, such as Bloomberg, Refinitiv, NRSROs, or benchmark providers.
Advanced degree(s) in Business Management, Finance, or Economics.
Professional designation or certification such as IACCP, CFA, CSCP, or CAMS.

Responsibilities

Oversee daily overnight exception alerts for internally and externally managed separate accounts, investigate and address violations, reconcile unauthorized rule coding, monitor manual rules, and conduct pre-trade and intraday monitoring of internally managed accounts.
Monitor and report potential investment policy breaches and conflicts of interest to the Compliance Manager; ensure compliance with applicable federal and state regulations.
Collaborate with unaffiliated investment advisers to monitor compliance with investment management agreements and investment guidelines, and review adviser certification questionnaires and communicate notable findings to management.
Coordinate annual regulatory compliance certifications for insurance companies and deliver them to relevant stakeholders before filing deadlines.
Review and maintain firm-wide policies and procedures; conduct annual compliance procedure testing and document findings; work with internal and external partners to develop and enforce policies and procedures.
Code and maintain compliance tests in Blackrock Aladdin, including investment guideline limits, restrictions, and operational data validation checks; maintain the test rule library in line with current guidelines, policies, and securities laws.
Manage the compliance relationship with Blackrock, oversee development of Aladdin tokens and macros, and troubleshoot or escalate systems issues.
Administer the compliance program, Code of Ethics, compliance software, employee onboarding and training, compliance records, and reviews and approvals of personal securities transactions and outside business activities.
Facilitate audits and examinations and prepare attestations for auditors, regulators, and third parties or vendors.
Prepare, review, and submit regulatory filings, including Forms 13F, 13G, 13H, and N-PX, accurately and by SEC deadlines.
Provide ad hoc support to management and other departments.
Advise on industry compliance best practices and educate portfolio management teams about regulatory developments.