Compliance Manager-Asset Management

Stifel, Incorporated; New York (NY); On-site; USD 120,000 - 174,000; Full time

Benefits offered by this job

Discretionary bonuses

Health/dental/vision insurance

401k retirement plan

Tuition & certification assistance

Paid time off

Job summary

Stifel, Incorporated is seeking a Compliance Manager-Asset Management in New York to oversee analysts, train staff, and ensure adherence to regulatory requirements. The role reports to the Chief Compliance Officer of Asset Management and supports a diverse range of investment strategies.

The ideal candidate has 10+ years in Compliance/Risk/Audit with leadership experience and a Bachelor’s degree in business or related field. Advanced certifications are preferred.

Qualifications

• Bachelor's degree in business or related field.
• 10+ years in Compliance, Risk or Audit with leadership experience.
• Preferred: IACCP, Series 65 or equivalent compliance certification.

Responsibilities

• Observe and manage daily activities of analysts to ensure requirements are fulfilled per firm policies or regulations.
• Train new staff and provide feedback; escalate to department Director as needed.
• Monitor regulatory developments relating to investment advisers.
• Develop procedures for new or revised regulations and implement them.
• Assist in developing firm policies and enforce compliance procedures.
• Assist with regulatory filings for the investment advisory business.
• Act as liaison between Compliance and business areas on advisory matters.

Skills

SEC rules knowledge

Advisory services knowledge

Independent thinking

Decision making

Change management

Problem solving

Education

Bachelor's degree in business or related field

Tools

Excel

Word

PowerPoint

Advent SS&C

Broker data feeds

Bloomberg

Job description

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let's talk about how you can find your place here at Stifel, where success meets success .

What You'll Be Doing

The Compliance Manager-Asset Management is responsible for the department's daily activities and ensures requirements are fulfilled, as required by Firm policies or regulatory rules.

In addition to the management level department duties, the manager trains and advises the staff and oversees their work for completion of assigned duties.

The Compliance Manager will report to the Chief Compliance Officer of Asset Management. Stifel's asset management affiliates provide investment management and services to institutions and individuals over a variety of asset classes.

Our asset management affiliates employ a diverse range of active equity, fixed income, asset allocation, and alternative investment strategies. While backed by the extensive resources of Stifel, these standalone asset managers operate independently, allowing them to focus on their unique individual strengths. Together, with common leadership and shared vision, our asset management affiliates offer investment management that can be tailored to any client need.

What We're Looking For

• Observe and manage daily activities of analysts to ensure requirements of business area are fulfilled, as required by Firm policies or regulatory rules.
• Train new staff on the team and provide feedback as needed and escalat e to department Director, as required.
• Monitor rule changes or regulatory developments relating to investment advisers.
• Develop procedures around new and revised regulations and direct their implementation.
• Generally assist in the development of Firm policies to address enhancements or other needs; implement, explain, and enforce compliance and/or regulatory procedures and policies.
• Assist with regulatory filing relating to the Firm's investment advisory business.
• Act as a liaison between Compliance and business areas on matters relating to the Firm's investment advisory business.

What You'll Bring

• Demonstrated knowledge and understanding of SEC rules and regulations as well as industry procedures.
• Strong knowledge of advisory services and products as well as applicable regulations.
• The ability to exercise independent thought and handle projects with minimal to no supervision.
• Takes active role in building the department's reputation, managing change, solving problems and making decisions.

Education & Experience

• Minimum Required: Bachelor's degree in business or related field.
• Minimum Required: 10+ years experience in Compliance, Risk or Audit, with a strong preference in Investment Advisory and 2+ leadership experience.

Licenses & Credentials

Preferred: IACCP, Series 65, or equivalent Compliance certification.

Systems & Technology

Proficient in Microsoft Excel, Word, PowerPoint, Advent SS&C trade suite, Broker data feeds, and Bloomberg.

Compensation Range

Salary: USD $120,000.00/Yr. - USD $174,000.00/Yr. Actual salaries may vary, and may be based on several factors, including but not limited to each candidate's qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel's overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel's current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, lif