Compliance Manager

ameriprise; Boston (MA); Hybrid; USD 100,000 - 150,000; Full time

Job summary

Ameriprise is seeking a Compliance Manager to support Columbia Threadneedle's Intermediary and Institutional Sales and Distribution teams. You will review marketing materials, ensure regulatory compliance, and partner with Legal and Compliance SMEs.

In this role, you will manage policies, conduct risk assessments, and stay abreast of SEC/FINRA/CFTC/NFA changes to inform stakeholders. A strong communication and collaboration skillset is essential for success.

Qualifications

• Bachelor's degree or equivalent required (4+ years).
• Strong knowledge of the financial services industry and compliance functions.
• Ability to independently manage time and meet multiple tight deadlines.
• Excellent verbal and written communication skills.
• Ability to collaborate and influence across organization levels.
• Experience supporting compliance for sales and distribution teams.

Responsibilities

• Act as a subject matter expert in broker-dealer sales and distribution rules and FINRA regulations for Intermediary and Institutional Distribution.
• Maintain relationships and promote a culture of compliance with business partners and AMC Compliance.
• Assist with compliance risk assessments and communicate risks to leaders.
• Stay current on SEC, FINRA, CFTC/NFA regulations and state legislation and prepare impact summaries.
• Manage Intermediary Sales and Distribution policies and procedures.
• Review marketing and communications to ensure regulatory and internal compliance, including FINRA filing where needed.
• Escalate to Legal or Compliance SMEs when interpretation questions arise.

Skills

Verbal and written communication

Collaboration

Time management

Problem solving

Negotiation

Influence across levels

Attention to detail

Fast learner

Education

Bachelor's degree or equivalent

Job description

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 year-end 2024. Our team of 22,000 people across 19 countries, serves 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.

Job Description

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.

Key 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.

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 and 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


• Extensive experience working with FINRA analysts and FINRA exams.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorsh