Compliance Manager, UIT & Broker/Dealer Trade Oversight

Description

The Team :

The Compliance Department is an integral part of Invesco’s overall risk management structure. Compliance is responsible for assessing compliance risk, communicating requirements, independently assessing adherence and escalating issues of non-compliance.

Compliance works with business management in identifying and prioritizing areas of risk.

Your Role :

This position primarily supports Invesco’s registered broker-dealers. Under general supervision of the Broker Dealer & UIT CCO, the Compliance Manager is responsible for monitoring rules and regulations and as needed, amending / developing, and implementing policies and procedures that are necessary to ensure that Invesco’s subsidiaries operate in accordance with the rules and regulations set forth by federal and state agencies, self regulatory organizations, and internal policies.

You will be responsible for :

Oversee Invesco broker dealer UIT compliance program.

Oversee Invesco affiliate broker dealer trading compliance program.

Testing and monitoring related to UIT and affiliate broker dealer trading.

Assist with trade surveillance within the Charles River Development (CRD) trade-order and execution management system.

Oversee broker dealer clearing and execution arrangements.

Perform certain vendor due diligence reviews.

Key role in production of annual CCO reporting (FINRA 3130 / 3120 and SEC 38a-1 / 206(4)-7).

Maintain relationships with regulatory authorities.

Monitor proposed, adopted, and amended rules and regulations.

Act as Compliance lead for broker dealer regulatory related exams, inquiries, and investigations.

Help facilitate FINRA and NFA branch inspections administered by Distributor Compliance.

Key role in developing and implementing internal compliance training programs.

Develop and maintain required broker dealer and UIT policies and procedures (Written Supervisory Procedures, UIT Compliance Manual and other related policies).

Advise business partners of regulatory and compliance requirements and respond to queries from internal clients, including the UIT portfolio management and trade operations teams, and Invesco capital markets (trading desk)

Participates in Compliance initiatives and projects as may be assigned.

The experience you bring :

FINRA Series 7 and 53 preferred or willingness to complete industry courses (ex. FINRA SIE, Series 7, 24 and 53)

5 to 10 years’ experience working in a broker dealer, UIT and trade surveillance environment required.

Proficient working knowledge of : (1) broker dealer operations; (2) UIT creation process; (3) trade reporting (CAT, TRACE and MSRB);

4) SEC Rule 17e-1 (transactions with affiliates); and (5) Charles River Development (CRD) trade-order and execution management system.

Ability to understand complex rules and regulations and communicate them to all levels of staff, including senior 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 fast-paced work environment and meet deadlines.

Must exhibit software knowledge in word-processing, graphics, spreadsheet development, SharePoint and Windows applications while ensuring that all work is accurate.

The total compensation offered for this position, which includes salary and incentive pay, will vary based on skills, experience and location.

The salary range for this position in New York City is $150,000 to $160,000 annually.

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

Workplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value.

As a full-time 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.

What’s 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.

Invesco's 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 non-discrimination in employment.