Broker-Dealer Compliance Manager | Sales & Distribution

Ameriprise Financial; Boston (MA); On-site; USD 79,000 - 138,000; Full time

Job summary

Ameriprise Financial, in the United States, seeks a Compliance Manager to support day-to-day compliance for Columbia Threadneedle, focusing on the Intermediary and Institutional Sales and Distribution business groups, including product, marketing and communications review.

You will serve as a subject matter expert on broker-dealer rules, build relationships with partners, assess risks, and stay current with SEC, FINRA, and other regulations while guiding policy and procedures.

Qualifications

• Bachelor's degree or equivalent (4-years) with 5-7 years of relevant work experience.
• Strong knowledge of the financial services industry and compliance functions.
• Ability to understand and apply industry regulations.
• Experience providing compliance support to sales and distribution.
• Exceptional verbal and written communication skills.
• Ability to manage time and meet multiple deadlines with attention to detail.
• Ability to collaborate across levels and build relationships.
• Proven ability to think quickly, learn fast in a fast-paced environment.
• Negotiation, decision making and problem-solving skills.

Responsibilities

• 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.
• Establish and maintain relationships and foster/promote 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.
• Stay 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.
• Escalate, 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.

Skills

Regulatory knowledge

FINRA rules

Compliance support

Communication skills

Stakeholder collaboration

Time management

Risk assessment

Education

Bachelor's degree or equivalent (4-years)

Tools

Word

Excel

PowerPoint

Job description

Ameriprise Financial, in the United States, seeks a Compliance Manager to support day-to-day compliance for Columbia Threadneedle, focusing on the Intermediary and Institutional Sales and Distribution business groups, including product, marketing and communications review.

You will serve as a subject matter expert on broker-dealer rules, build relationships with partners, assess risks, and stay current with SEC, FINRA, and other regulations while guiding policy and procedures.