Compliance Manager

The Compliance Manager will be responsible for day-to-day compliance needs of the CMID Broker-Dealer Intermediary sales distribution team which includes inside wholesalers, outside wholesalers, institutional sales (CMID registered representatives) product group, and marketing group. Candidate will also provide compliance support on adhoc projects and compliance review of marketing materials.

Key Responsibilities

The Compliance Manager will support the day to day compliance needs for Columbia Threadneedle, with focus on the Intermediary and Institutional Sales and Distribution business groups.

• Support key areas such as: product, marketing and sales distribution and initiatives, and communications review.
• Act as a subject matter expert in Broker-Dealer related sales and distribution rules and FINRA related regulations and provide general compliance support to the Intermediary and Institutional Distribution team.
• Establishing and maintaining relationships and foster/promoting a culture of compliance, with business partners and within AMC Compliance, including Licensing and Registration, Field Office Inspection, the Finance Team, Intermediary. Work collaboratively to gain/maintain a thorough understanding of products, services and business models.
• Assist with compliance risk assessments and effectively communicate those risks and suggestions for improvement to department leaders and business unit leaders, as applicable.
• Staying up to date on regulatory (SEC, FINRA, CFTC/NFA and various important state specific legislature) and industry change and assist in the development of impact assessment and creating summary communication for applicable business partners.
• Manage Intermediary Sales and Distribution related policies and procedures.
• Provide review and guidance to ensure marketing and communications created by Columbia Threadneedle Investments intermediary, institutional and product marketing meet applicable regulatory and internal compliance policies and procedures. Specifically, ensure communications are fair, balanced, complete and do not omit pertinent information and comply with company policies, guidelines, content and disclosure standards. Designate FINRA filing needs for each file reviewed and subsequently work with submitter and/or content owner to resolve any FINRA comments and document action taken.
• Escalates, as needed, to other subject matter experts and/or review groups. Consult with appropriate Legal or Compliance SME when there are questions about the interpretation of regulations or internal policies to support consistency and manage risk.

Required Qualifications

• Bachelor's degree or equivalent (4-years)
• 5-7 years of relevant work experience.
• Strong knowledge of financial services industry and compliance functions.
• Ability to build and develop working knowledge of applicable Industry regulations.
• Experience in providing compliance support to sales and distribution areas
• Exceptional verbal and written communication skills.
• Ability to independently and effectively manage time and prioritize work to meet multiple tight deadlines while paying strong attention to detail.
• Ability to collaborate, communicate, and influence across different levels of an organization.
• Ability to maintain productive working relationships with business colleagues.
• Proven ability to think fast, respond quickly and learn quickly in a fast-paced environment.
• Negotiation, decision making and problem-solving skills.

Preferred Qualifications

• FINRA Series 7, 24 or 6 and 26 preferred.
• Knowledge of different financial products and services.
• Knowledge of compliance/advertising review for broker dealer and/or registered investment adviser marketing materials.
• Ability to quickly learn new software and create effective communications in Word, Excel, and PowerPoint.

About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

The estimated base salary for this role is $94,300 – $127,000 a year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full time

Exempt

Legal Affairs

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