Senior Compliance Manager

Senior Compliance Manager

Requirements

• Extensive knowledge of Investment Advisers Act of 1940, Investment Company Act of 1940, ERISA, FINRA rules, and CFTC/NFA rules.
• Experience with working with ETF products
• Analytical and communication skills required to review laws/regulations, assess their impact, and work with affiliated and unaffiliated service providers to monitor, review, and/or implement any necessary policies, procedures, processes, and controls.
• Must be a self-starter, able to work both independently and as part of a team.
• Exceptional written, verbal, and interpersonal communication skills.
• Strong leadership and organizational skills, commitment to change and to teaching the next generation of leaders in compliance.
• Bachelor’s degree required; advanced degree or JD preferred.
• 7 + years as a compliance professional, ideally at least 5 years supporting products that are regulated by the Investment Company Act.
• Highest level of integrity.

Responsibilities

• Provide compliance oversight and monitoring over key affiliated and unaffiliated service providers to the Northern Funds, including sub-advisers, and their compliance policies and procedures.
• Assist with quarterly board reporting and the annual 38a-1 reports.
• Support the CCO with the oversight and administration of the various components of the adviser compliance program e.g. testing, monitoring, surveillance, policies and procedures, incident reporting, control documentation.
• Identify and monitor conflicts of interest.
• Support the CCO in with the SEC on regulatory matters affecting the Northern Funds.
• Administer a program of supervision of all sub-advisory entities, including client reporting, board reporting, 15c reporting, client due diligence meetings.
• Effectively work with internal business unit, risk management, and legal functions, as well as the Funds’ Board and outside counsel, to administer and maintain a comprehensive compliance program, provide advice and problem solve regarding applicable laws, regulations, rules, and standards, including informing them of developments or changes that may affect their area and working with them to implement effective compliance programs.
• Promote a positive compliance culture through communication and oversight of regulatory responsibilities at all levels and developing strong working relationships with the business.
• Manage team members focused on the Northern Funds compliance program and the manager oversight program for the OCIO business.

Preferred Qualifications

• Experience working at a regulator a plus.