Senior Compliance Officer Collective Trust Broker Dealer Expertise
Senior Compliance Officer Collective Trust Broker Dealer Expertise
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Salary Not Disclosed
1 Vacancy
Job Description
As one of the worlds leading asset managers Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities we provide a wide range of investment strategies and vehicles to our clients around the world.
If youre looking for challenging work smart colleagues and a global employer with a social conscience come explore your potential at Invesco. Make a difference every day!
Job Description
Your Team
The Compliance Department is an integral part of Invescos overall risk management structure. Compliance is responsible for assessing compliance risk communicating requirements independently assessing adherence and escalating issues of noncompliance.Compliance works with business management in identifying and prioritizing areas of risk.
Your Role
Under general supervision the Sr. Compliance Officer works in conjunction with the Compliance Manager in monitoring rules and regulations and as needed amending/developing and implementing policies and procedures that are necessary to ensure that Invescos subsidiaries operate in accordance with the rules and regulations set forth by federal and state agencies selfregulatory organizations and internal policies.
The position has three primary duties:
- Approximately 50 of the job supporting Trust Company compliance oversight responsibilities
- Approximately 35 of the job support of Invescos broker/dealer compliance programs
- Approximately 15 of the job processing individual and corporate regulatory licensing requirements
You Will Be Responsible For:
- Maintaining relationships with regulatory authorities
- Monitoring proposed adopted and amended rules and regulations
- Maintaining the trust company internal testing program and providing reports of results on a quarterly and annual basis
- Oversight and management of Texas Department of Banking exams and inquiries
- Managing Internal Audit and/or Compliance Monitoring & Testing inquiries of Trust Company business
- Advising business partners of regulatory and compliance requirements and responds to queries from internal clients including the Trust Company and Invescos broker/dealers
- Assisting in reviewing investigating escalating and responding to any items identified on the annual compliance questionnaires
- Preparing and presenting documentation of the Trust Company compliance program for committee and Board of Director meetings
- Maintaining and updating compliance policy and manual for the Trust Company
- Quarterly certification of risk events impacting the Trust Company product line
- Management of the risk assessment dashboard for the Trust Company
- Helping facilitate FINRA and NFA branch inspections administered by Distributor Compliance
- Assisting in developing and implementing internal compliance training programs
- Assisting the Distributor Compliance team in establishing and documenting compliance related policies and procedures pertaining to membership and registration requirements broker/dealer written supervisory procedures and other compliance related policies
- Creating updating and maintaining department databases including maintenance and support of the Distributor Compliance dashboard
- Participating in Compliance initiatives and projects as may be assigned
The Experience You Bring:
- Bachelors degree plus 3 to 5 years experience working in a bank broker/dealer mutual fund or transfer agent environment preferred
- Proficient working knowledge of banking rules retirement regulation collective trusts and private placements
- Ability to understand complex rules and regulations and communicate them to all levels of staff including management within all departments and discuss them with external relationships and to develop and implement appropriate procedures
- Must show the ability to manage multiple projects make quick decisions use prioritization skills and concentrate on detailed information in a fastpaced work environment and meet deadlines
- FINRA Series 7 preferred or willingness to complete industry courses (ex. FINRA SIE Series 7 24 and 66 and MSRB Series 51 or 53
New York Salary Disclosure:
The base salary for this role in New York City is up to $120000. The total compensation offered for this position includes salary and incentive pay and will vary based on skills and experience.
For locations outside the state of New York the salary will be commensurate accordingly the local market and will vary based on skills and knowledge.
Full Time / Part Time
Full timeWorker Type
EmployeeJob Exempt (Yes / No)
YesWorkplace Model
At Invesco our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a fulltime employee compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week with two days working outside an Invesco office.
Whats in it for you
Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
Flexible paid time off
Hybrid work schedule
401(K) matching of 100 up to the first 6 with a discretionary supplemental contribution
Health & wellbeing benefits
Parental Leave benefits
Employee stock purchase plan
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invescos culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race creed color religion sex gender gender identity sexual orientation marital status national origin citizenship status disability age or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing nondiscrimination in employment.
Required Experience:
Senior IC
Employment Type
Full-Time
