Compliance Officer

Thornburg Investment Management, Inc.; Santa Fe (NM); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Employer 401(k) safe harbor and profit

Work/life programs including flexible.

Onsite cafeteria

Onsite fitness center

Referral Program

Job summary

Thornburg Investment Management, Inc. seeks an experienced Compliance Officer to oversee the review and approval of marketing and advertising materials, ensuring adherence to the SEC Marketing Rule and related regulations.

The role supports cross-border marketing efforts, policy development, and regulatory research. After obtaining the FINRA Series 24 license, responsibilities expand to review for registered fund products such as mutual funds and ETFs.

Qualifications

• Bachelor’s degree required; JD or advanced degree a plus.
• 3–5 years of compliance experience in the financial services industry.
• Experience reviewing marketing materials for compliance with SEC and FINRA requirements.
• FINRA Series 24 license or the ability to obtain within 12 months of hire.
• Experience with cross-border or international marketing a plus.
• Proficiency in Microsoft Office; familiarity with compliance review/workflow platforms is a plus.

Responsibilities

• Review and approve marketing and advertising materials for compliance with the SEC Marketing Rule; manage the review workflow and records.
• Partner with Marketing, Investment, Sales, and Client Service teams to provide timely, practical compliance guidance.
• Monitor regulatory developments and communicate changes to stakeholders.
• Assist with development and revision of marketing review policies and procedures.
• Support the International team on cross-border marketing matters and research jurisdiction-specific requirements.
• Coordinate and prepare responses to RFPs and DDQs.
• Assist with testing of compliance policies and procedures and training.
• Prepare for regulatory examinations and responses as directed.
• Conduct regulatory research as needed.
• Upon Series 24 license, review communications for registered fund products including mutual funds/ETFs/UCITS.
• Perform other duties as assigned.

Skills

Attention to detail

Regulatory interpretation

Team collaboration

Communication

Education

Bachelor’s degree

JD or advanced degree

Tools

Microsoft Office

Job description

Description

Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions.

As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.

Job Summary

The Compliance Officer supports Thornburg’s compliance program with a primary focus on the review and oversight of marketing and advertising materials, including thought leadership, institutional, investment advisory, and strategy and portfolio materials, for compliance with the SEC Marketing Rule (Rule 206(4)-1 under the Investment Advisers Act of 1940) and other applicable requirements.

The role also provides guidance on cross-border marketing for specific products and strategies and supports the broader compliance program, including testing of policies and procedures, employee training, and regulatory research. Upon obtaining the FINRA Series 24 license, the role’s review responsibilities will expand to include registered fund and other fund products, such as mutual funds, ETFs, and UCITS.

Duties and Responsibilities

• Review and approve marketing and advertising materials, including thought leadership, institutional, investment advisory, and strategy materials, for compliance with the SEC Marketing Rule and other applicable regulations; manage the review workflow and maintain required records.
• Partner with Marketing, Investment, Sales, and Client Service teams to provide timely, practical compliance guidance on materials and communications.
• Monitor regulatory developments, SEC guidance, examination priorities, and industry best practices related to investment adviser marketing, and communicate relevant changes to stakeholders.
• Assist with the development, implementation, and revision of marketing review policies and procedures in response to new legal requirements, regulatory guidance, or business changes.
• Support the International team on cross-border marketing matters, including requests from non-U.S. offices and research of jurisdiction-specific requirements.
• Coordinate and prepare Legal and Compliance responses to requests for proposals (RFPs) and due diligence questionnaires (DDQs).
• Assist with the implementation and testing of compliance policies and procedures, including supporting the annual review of the compliance program, and document results.
• Develop and deliver compliance training to employees on relevant topics.
• Assist with preparation for regulatory examinations and responses to regulatory requests, as directed.
• Conduct regulatory research and analysis as needed.
• Upon obtaining the Series 24 license, review and approve communications for registered fund and other fund products, including mutual funds, ETFs, and UCITS.
• Perform other job duties assigned as necessary.

How You'll Succeed

• Strong attention to detail and sound judgment in interpreting and applying regulatory requirements.
• Excellent written and verbal communication skills, with the ability to explain compliance requirements clearly to non-compliance colleagues.
• Collaborative and service-oriented; works effectively in a team environment and builds strong relationships across departments.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• High level of integrity and discretion in handling confidential information

Requirements

• Bachelor’s degree required; JD or other advanced degree a plus.
• Minimum of 3–5 years of compliance experience in the financial services industry, preferably with an investment adviser, broker-dealer, or fund complex.
• Experience reviewing marketing and advertising materials for compliance with SEC and/or FINRA requirements.
• Working knowledge of SEC rules and regulations, particularly the Investment Advisers Act of 1940 and the Marketing Rule; familiarity with the Investment Company Act of 1940 and FINRA Rule 2210 preferred.
• Experience interpreting and applying laws and regulations, through legal or compliance work.
• FINRA Series 24 license, or the ability and willingness to obtain it within 12 months of hire.
• Experience with cross-border or international marketing and distribution requirements a plus.
• Proficiency in Microsoft Office; experience with compliance review or workflow platforms a plus.

Job Benefits

• Medical, dental, and vision coverage.
• Employer 401(k) safe harbor and profit-sharing contributions.
• Work/life programs such as flexible work arrangements, flexible paid time off, paid parental leave, employee assistance program, education reimbursement program.
• Community involvement opportunities.
• Onsite cafeteria.
• Onsite fitness center.
• Referral Program.

Santa Fe is the capital of New Mexico. Founded in 1610 and nicknamed "The City Different", Santa Fe captures hearts and minds with its museums, restaurants, theater, opera, and adobe-style architecture. With an average of over 300 sunny days per year and picturesque landscape, it's no wonder that outdoor activities such as skiing and hiking in "The Land of Enchantment" attract visitors from around the world.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, disability, gender, gender identity or protected veteran status.