Location: New York,NY, USA
As one of the world's leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.
If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!
Job Description
The Team:
The Senior Compliance Manager reports to the CCO, ISSM and Private Markets, Americas (the CCO ). Primarily, the role will support Invesco Real Estate's direct real estate business ( IRE ), which manages nearly $50 billion of direct real estate in the U.S. IRE manages client capital through multiple product structures both in the institutional and mass affluent/high net worth spaces. This position is critical to the support of a growing and strategically important part of Invesco's business. Successful candidates will embrace finding solutions to novel issues presented in developing innovative products and expanding the breadth of distribution for exposure to direct real estate. The role will also help wind down a private equity business and support a venture-related business as well which is not currently raising capital. The role is primarily an advisory compliance role and will be supported across multiple subject matters by Compliance subject matter experts (e.g., Code of Ethics administration).
Your Role:
The Senior Compliance Manager role is primarily responsible for day-to-day implementation of IRE's overall compliance program and satisfying all pertinent legal, regulatory and policy requirements. Specific responsibilities include, but are not limited to: reviewing and maintaining compliance policies & procedures; working with internal & external legal staff to resolve compliance issues and review third party disclosures about IRE's products (offering documents, RFPs, regulatory disclosures, etc.); working with investment and sales staff regarding product development, investor matters and end-of-life product issues; and managing, executing on and updating the monitoring and testing program for IRE. The role will also be responsible for reviewing potential conflicts within the firm, and liaising with the investment staff to resolve any real, or perceived conflicts of interest.
You will be responsible for:
* Designs, implements, and monitors processes, policies, and practices for Compliance with regulatory and policy requirements by the relevant business areas.
* Reports on a regular basis to the CCO, senior members of legal and compliance as well as business senior management on the progress of implementation and assists those teams in practically implementing the compliance program.
* Periodically revises the program in light of changes in the needs of the organization, including the broader alternatives platform, and in the law and policies and procedures surrounding RIAs and real estate/alternatives firms.
* Develops, coordinates, and participates in a multifaceted educational and training program that focuses on the elements of the compliance program.
* Coordinates an internal risk assessment, monitoring and testing program and works with business partners to address findings and observations.
* Is responsible for preparing certain filings for IRE and the other businesses such as Forms ADV and PF.
* Independently investigates and acts on matters related to compliance (e.g. responding to reports of problems or suspected violations) and coordinates any resulting corrective actions.
* Coordinates with Invesco Ltd.'s internal audit department to identify potential controls to audit and assists that team in their review efforts, as needed.
* Undertakes special compliance-related projects assigned by the CCO and other senior compliance personnel (e.g., Forensic testing, ad hoc requests pertaining to IRE or other supported businesses generally).
The experience you bring:
* Minimum 8 years of Financial Services Industry Experience required with four years of direct investment adviser compliance experience.
* Experience with real estate strongly preferred - must have depth of experience with respect to private alternatives products at a minimum.
* Compliance experience with the Investment Advisers Act of 1940 required.
* Experience with the regulatory environment (SEC, CFTC/NFA and FINRA regimes, among others).
* Broad knowledge of federal securities laws and regulations.
* BA/BS degree in a related field.
* MBA or JD a plus.
The skills you bring:
* Highly organized with strong attention to detail.
* Being solutions oriented without compromising compliance with regulatory obligations.
* Able to critically think and propose solutions reasonably designed to address identified matters.
* Strong verbal and written communication skills.
* Ability to work independently and as part of a team.
* Ability to work proficiently in a pressured environment.
* Ability to handle confidential information.
* Ability to communicate clearly with persons at a wide range of levels on sensitive matters.
* Ability to condense, refine, simplify, and communicate the purpose and significance of internal and external regulations.
* Ability to develop operating policies and procedures based on business needs.
* Expert/proficient in MS Excel, PowerPoint, Word and similar products.
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 $180k to $195k annually.
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
Yes
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.