Portfolio Compliance Consultant

Our Firm

American Century Investments® is a leading global asset manager with over 65 years of experience helping a broad base of clients achieve their financial goals. Our expertise spans global equities and fixed income, multi-asset strategies, ETFs, and private investments.

Privately controlled and independent, we focus solely on investment management. But there’s an unexpected side to us, too. We direct over 40% of our profits every year—more than $2 billion since 2000—to the Stowers Institute for Medical Research. Our ongoing financial support drives the Institute’s breakthrough work and mission of defeating life-threatening diseases like cancer and Alzheimer’s. So, the better we do for our clients, the more we can do for everyone.

All 1,400 of us across the globe are inspired every day by the unique difference our hard work can make in so many lives. It shows in the curiosity we bring to every initiative, the deep relationships we build with our clients, and the way we treat each other in the hallway. If you’re excited to learn more about us, we can’t wait to learn more about you.

Compliance Consultant Job Description

The Compliance Consultant is responsible for a broad range of regulatory and compliance work that involves the oversight and support of the Investment Compliance Program. Responsibilities include identifying, researching, analyzing, and recommending resolutions to potential portfolio compliance issues; preparing board and client reports; working with IT to implement new technologies for monitoring compliance; documenting processes, assisting in the implementation of new regulatory requirements and new product requirements for monitoring compliance, and assisting in department planning. This position can report into either our Kansas City Headquarters or our New York offices

Major Responsibilities:

Monitor and review portfolios for compliance with investment objectives, limitations and restrictions as identified in the prospectus and supplements, investment management agreements, board and internal policies, regulatory and other applicable restrictions. Account types monitored may include retail (Undertakings for Collective Investment in Transferable Securities (UCITS) Exchange Traded Funds and Funds or institutional (subadvised, separate, commingled, ERISA, etc.) equity, fixed income, and liquid alternative portfolios. Actively identify potential compliance exceptions and conduct research. Resolution requires review and analysis of compliance requirements, data quality, systems, monitoring processes, and includes communication with internal or external customers and partners. Review assigned prospectuses, supplements, regulatory filings and management agreements to identify investment policies and restrictions. Prepare and update compliance checklists. Prepare and present regular and special reports for fund boards, institutional clients, and internal users. Prepare regulatory filings. Partner with business divisions including Investment Management, Trading, Investment Operations, IT and Legal. Work with the portfolio compliance team and IT to develop new processes or update current monitoring and reporting processes as needed due to changes in rules and regulations or new products, portfolios, or strategies. Lead highly sophisticated compliance matters with minimal direct supervision. Contribute to the analysis and portfolio compliance monitoring of complex securities and derivatives.

Distinguishing Characteristics:

• Able to develop good working relationships with internal and external customers and partners.

• Able to recognize and handle critical issues with tact and discretion.

• Able to work independently, and as a team member.

• Able to learn specialized applications used in the portfolio compliance program (LatentZero Compliance, Bloomberg, proprietary Order Management System, etc.)

• Ability to utilize technology resources (Data Quant, Tableau, etc.) to develop compliance efficiencies and streamline existing processes.

• Able to prioritize tasks and meet deadlines.

• Able to think conceptually and translate plans into measurable steps for others.

• Able to perform work accurately; attention to detail is crucial.

• Strong communication and organizational skills.

Required Experience

• Bachelor's degree in Business, Economics, Finance, Accounting or other related field, or an equivalent combination of education and experience.

• 5+ years of investment industry and compliance monitoring experience with a focus on the Investment Company Act of 1940. Experience with European Securities and Markets Authority regulation, UCITS Directive, and MiFID II regulation is a plus.

• Advanced knowledge of the regulatory environment of mutual funds, exchange traded funds and advisory accounts.

• 5+ years of Portfolio Compliance investment oversight experience.

• Understanding of and experience with all investment securities, such as equity, fixed income, currency, and exchange traded and OTC derivatives is required.

• Experience with non-US regulatory regimes, including SFDR and UCITS is a plus.

• Experience with Exchange Traded Funds (ETFs) and listing standards on US and non-US exchanges.

• Proven track record to prepare and administer investment compliance policies and procedures.

• Familiarity with the firm and its products.

• Experience in areas such as compliance, accounting, auditing, investment operations, a regulatory environment, etc.

• Experience with compliance-related systems and data sources.

• Demonstrates the American Century Investments Winning Behaviors: Client Focused, Courageous and Accountable, Collaborative, Curious and Adaptable, Competitively Driven, Adheres to the highest ethical standards and business practices, and Supports a culture of compliance

For New York based candidates, the salary range for this role is $105,000-$125,000. Actual offers are based on various factors including but not limited to a candidate’s location, skills, experience, and relevant education and/or training. This position is eligible for cash incentive providing the potential to earn more.

Additional Requirements

Employees are required to be in the office on a scheduled frequency. Adherence to this schedule is essential to fulfilling the expectations of the role.

American Century Investments is committed to complying with the Americans with Disabilities Act and all other applicable Equal Employment Opportunity laws and regulations. As such, American Century strives to provide a reasonable accommodation to any qualified individual under the ADA to perform essential job functions.

American Century Investments believes all individuals are entitled to equal employment opportunity and advancement opportunities without regard to race, religious creed, color, sex, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, gender, gender identity, gender expression, age for individuals forty years of age and older, military and veteran status, sexual orientation, and any other basis protected by applicable federal, state and local laws. ACI does not discriminate or adopt any policy that discriminates against an individual or any group of individuals on any of these bases.

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