Compliance Consultant, Funds Management

Alternate Locations: Radnor, PA (Pennsylvania)

 

 Work Arrangement:

Hybrid/Common Days+ : Work 2-3 days a week in a Lincoln office with a designated workspace.

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 74515

 

The Role at a Glance

 

The Role at a Glance

 

The Compliance Consultant, Funds Management role is responsible for supporting Lincoln’s Funds Management business team by implementing and maintaining complex compliance programs for Lincoln Variable Insurance Products Trust (LVIP), Lincoln Retail Alternatives Funds (Alts Funds), Lincoln Financial Investments  Corporation (LFI), and Lincoln National Life’s managed separate accounts. The Funds Management compliance team primarily oversees compliance with federal securities regulations relating to these companies/accounts and many supporting service providers including investment sub-advisors, principal underwriters, administrators, transfer agents, consultants, and others. Additionally, the Compliance Consultant is responsible for effective implementation of these compliance programs, with emphasis on policies and procedure testing and service provider oversight, while supporting all duties and responsibilities of Funds Management. 

 

What you'll be doing

 

What you'll be doing

 

DUTIES AND RESPONSIBILITIES

• Develops and performs compliance reviews and analysis to assess compliance with policies and procedures and regulatory requirements for LVIP, Alts Funds, LFI and its sub-advisers.
• Supports quarterly and annual testing of compliance policies and procedures to ensure effective implementation, documents results, and develops action plans for remediation of findings.
• Collaborates with appropriate stakeholders to ensure action plans capture and remediate the issues found during testing.
• Supports periodic review of all compliance policies and procedures and related updates.
• Supports LVIP’s, Alts Funds’, and LFI’s risk management programs by performing risk assessments, recommending risk scores, and maintaining risk inventories.
• Leads the tracking of service providers’ compliance policies and procedures, communicated through quarterly compliance questionaries or otherwise, and updates policies and procedures inventories in a timely manner.
• Coordinates the review of sub-advisers’ control reports, summarizes findings, and maintains a calendar to ensure timely receipt and review.
• Supports the administration of LVIP’s, Alts Funds’, and LFI ‘s Code of Ethics programs including analysis of securities transactions and maintenance of required statements for those individuals subject to the Code.
• Prepares monthly, quarterly, and annual compliance reports to business partners and LVIP/Alts Funds/LFI Board of Trustees/Directors.
• Establish and maintain effective relationships with business partners and service providers.
• Collaborates with colleagues on compliance projects as assigned.
• Identifies and recommends process improvements that may reduce workloads or improve quality for assigned area(s) of responsibility.
• Champions and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
• Serves as a resource and consults with internal/external stakeholders on a broad variety of compliance matters/issues related to assigned area(s) or responsibility.
• Obtains input from management as appropriate before making internal/external statements or providing information that could impact the corporation.
• Provides effective and open communication with internal/external stakeholders to ensure transparency and consistency of compliance actions.

 

ADDITIONAL POSITION RESPONSIBILITIES

• Carries out duties in compliance with all state and federal regulations and guidelines.  Complies with all company and site policies and procedures.
• Remains current in profession and industry trends.
• Makes a positive contribution as demonstrated by:  - Making suggestions for improvement - Learning new skills, procedures, and processes.

 

What we’re looking for

 

What we're looking for

 

EDUCATION AND EXPERIENCE

• 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
• 3 - 5+ Years experience in compliance that directly aligns with the specific responsibilities for this position (Required)
• Occasional domestic travel as needed

 

Application Deadline

 

Applications for this position will be accepted