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Northwestern Mutual · 1 day ago

Assistant Director Investment Compliance

Milwaukee, WI

Full-time

Onsite

Mid, Senior Level

$102K/yr - $218K/yr

6+ years exp

Northwestern Mutual is a leading financial services company, and they are seeking an Assistant Director of Investment Compliance. This role is responsible for providing advanced support and consulting across the enterprise to enhance the company’s compliance culture while ensuring that business objectives are met.

AdviceConsultingEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceWealth Management

Responsibilities

Support the administration and oversight of compliance programs under SEC rule 206(4)-7 under the Investment Advisers Act of 1940 and rule 38a-1 under the Investment Company Act of 1940

Assist the registered institutional investment adviser and mutual fund entities with their offerings, such as mutual funds, collateralized loan obligations, and private funds

Execute the divisional strategy for engagement across the enterprise with the objective of advancing the company’s culture of compliance while achieving business targets

Understand applicable rules and regulations to independently identify, assess and consult to the mitigation of risk with enterprise business partners across a wide range of compliance topics

Resolve complex or unusual compliance risk issues in partnership with business partners and communicates across enterprise stakeholders to ensure alignment

Identify and assess compliance implications to business areas from new and/or updated rules and regulations

Serve as a subject matter expert on areas of specialized technical expertise, as assigned

May have ownership of elements of the compliance programs and ensure work associated with such assignments is executed (e.g., policy review and development, oversight and surveillance, training, reporting)

Participate in projects or efforts in support of the division or department priorities and objectives as needed

Qualification

SEC complianceInvestment regulationInvestment reporting toolsFinancial services knowledgeOrganizational leadershipAnalytical thinkingCommunication skillsProblem-solving

Required

Minimum of 6 years of relevant experience

Experience in SEC-registered investment adviser and investment company regulation and operations

Understanding of the financial services and investment advisory industries, and comprehensive knowledge of investment departments and investment types

Demonstrated competency with investment reporting and compliance tools and systems commonly used in the industry

Strong organizational leadership presence and proven ability to cultivate relationships and influence individuals at all levels of the organization

Ability to communicate complex ideas and assist in anticipating potential challenges

Ability to support the resolution of complex business problems with compliance implications by applying advanced analytical and critical thinking