Assistant Director Investment Compliance

Summary

In collaboration with and under the direction of divisional leadership and the Chief Compliance Officer (CCO) of Northwestern Mutual's registered institutional investment adviser and mutual fund entities - Northwestern Mutual Investment Management Company, Mason Street Advisors, and Northwestern Mutual Series Fund - this role is responsible for providing advanced support, building relationships and consulting across the enterprise on a wide variety of topics to advance the company's compliance culture while ensuring business objectives are achieved.

Primary Duties & Responsibilities

• Support the administration and oversight of compliance programs under SEC rule 206(4)-7 under the Investment Advisers Act of 1940 and rule 38a-1 under the Investment Company Act of 1940.

  Support the administration and oversight of compliance programs under SEC rule 206(4)-7 under the Investment Advisers Act of 1940 and rule 38a-1 under the Investment Company Act of 1940.

• Assist the registered institutional investment adviser and mutual fund entities with their offerings, such as mutual funds, collateralized loan obligations, and private funds.

  Assist the registered institutional investment adviser and mutual fund entities with their offerings, such as mutual funds, collateralized loan obligations, and private funds.

• Execute the divisional strategy for engagement across the enterprise with the objective of advancing the company's culture of compliance while achieving business targets.

  Execute the divisional strategy for engagement across the enterprise with the objective of advancing the company's culture of compliance while achieving business targets.

• Understand applicable rules and regulations to independently identify, assess and consult to the mitigation of risk with enterprise business partners across a wide range of compliance topics.

  Understand applicable rules and regulations to independently identify, assess and consult to the mitigation of risk with enterprise business partners across a wide range of compliance topics.

• Resolve complex or unusual compliance risk issues in partnership with business partners and communicates across enterprise stakeholders to ensure alignment.

  Resolve complex or unusual compliance risk issues in partnership with business partners and communicates across enterprise stakeholders to ensure alignment.

• Identify and assess compliance implications to business areas from new and/or updated rules and regulations.

  Identify and assess compliance implications to business areas from new and/or updated rules and regulations.

• Serve as a subject matter expert on areas of specialized technical expertise, as assigned.

  Serve as a subject matter expert on areas of specialized technical expertise, as assigned.

• May have ownership of elements of the compliance programs and ensure work associated with such assignments is executed (e.g., policy review and development, oversight and surveillance, training, reporting).

  May have ownership of elements of the compliance programs and ensure work associated with such assignments is executed (e.g., policy review and development, oversight and surveillance, training, reporting).

• Participate in projects or efforts in support of the division or department priorities and objectives as needed.

  Participate in projects or efforts in support of the division or department priorities and objectives as needed.

Qualifications:

• Minimum of 6 years of relevant experience.

  Minimum of 6 years of relevant experience.

• Bachelor's degree or equivalent combination of education and experience preferred.

  Bachelor's degree or equivalent combination of education and experience preferred.

• Experience in SEC-registered investment adviser and investment company regulation and operations.

  Experience in SEC-registered investment adviser and investment company regulation and operations.

• Understanding of the financial services and investment advisory industries, and comprehensive knowledge of investment departments and investment types.

  Understanding of the financial services and investment advisory industries, and comprehensive knowledge of investment departments and investment types.

• Demonstrated competency…