Senior Compliance Analyst - Mutual Funds

Houston TX
December 19 2018
Insurance, Securities
Functional Area:

CP - Compliance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

American General Life Insurance Company

Senior Compliance Analyst

The Role and Responsibilities:

The Senior Compliance Analyst - Mutual Funds reports directly to the Compliance Manager for Liquidity Administration and will have the following responsibilities:

Assist with the following aspects of the Compliance programs for AIG's retail and annuity mutual funds and investment advisers - SAAMCo and VALIC - including:

  • Assist with the day-to- day monitoring/reporting requirements for the Liquidity Risk Management Program (“LRM”).
  • Assist with assessing, managing and reviewing of each Fund's “liquidity risk”.
  • Assist with the classification review of the liquidity of the Fund's portfolio investments into one of four liquidity classification/buckets.
  • Assist with the monthly review of each Fund's liquidity classification.
  • Analyze and conduct surveillance over the LRM controls to ensure processes are consistent with policies and procedures and identify areas to enhance controls and processes.
  • Assist with developing and implementing written procedures regarding the LRM Program.
  • Liaise with the Fund's sub-advisers regarding their liquidity profile for each of the Funds they manage on our behalf.
  • Adopt and maintain record keeping requirements.
  • Assist with ad hoc requests as needed.
  • Fund Compliance

  • Assist with portfolio monitoring and testing
  • Perform/assist with Sub-Adviser Due Diligence reviews
  • Monitoring client portfolios for compliance with Prospectus/SAI & regulatory guidelines
  • Trade error analysis
  • Assist with updating and maintaining the Restricted List
  • 38a-1 testing
  • Mutual Fund pre-clearance and reviews
  • Candidate Qualifications

  • The ideal person for this role should have experience and knowledge in monitoring and testing of compliance programs and knowledge of applicable laws and regulations impacting the Mutual Fund business background.

  • Candidates will be expected to possess the following professional and personal attributes:

  • A strong educational background with an undergraduate degree preferred, and a minimum of 2-5 years of relevant experience.
  • Demonstrated ability to influence and work effectively and cross-functionally within a highly-matrix organization with employees at all levels.
  • Ability to meet or exceed deadlines, prioritize, multi-task, and maintain flexibility in fast-paced, changing environment.
  • Strong problem-solving skills and the ability to confront conflict and difficult issues in a professional, assertive and proactive manner.
  • Excellent organizational, written, verbal skills.
  • Knowledge of the mutual fund business including products, compliance and administration.
  • Knowledge of Federal Securities regulations, e.g., the Investment Company Act of 1940, the Investment Advisers Act of 1940, Securities Exchange Act of 1934
  • Ability to evaluate federal laws and regulations.
  • Ability to collect and evaluate financial, transactional or other data.
  • Knowledge of Bloomberg or other OMS strongly preferred.
  • Intermediate working knowledge of Excel and MS Office applications.
  • Series 7 and 24 helpful, but not required.

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.