We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they've been given.
At our core, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today-and tomorrow.
Job Summary
This position is responsible for providing portfolio compliance oversight for Thrivent's General Account, mutual funds, and other investment accounts. Portfolio Compliance oversight includes ensuring that all aspects of Investments are in compliance with associated regulation (e.g. SEC, IA/IC - Investment Advisor & Investment Company Acts, MN, NY & WI state insurance commissions, etc.) and adhere to the portfolio mandates as outlined in the prospectus documents (Mutual Funds, Series Portfolios & ETFs) and General Account (Insurance Accounts, Retirement Plan & Foundation). Compliance Reporting includes routine and ad hoc reporting to various audiences including Investment division committees and the Mutual Fund Board of Directors. The position interfaces with Investment Operations staff, Portfolio Managers, Traders, and other senior leaders in the Investment division. The incumbent reports to the Director, Portfolio Compliance.
Job Responsibilities and Duties
Maintain and administer the order management system (BlackRock - Aladdin), which includes monitoring pre-trade and post-trade compliance to ensure compliance with regulations, investment policies and procedures.
Assist in administering the Liquidity Risk Management and Derivative Risk Management programs.
Prepare and support internal governance committees and Mutual Fund Board meetings.
Prepare various compliance requests from internal audits, external auditors, and regulators.
Job Qualifications
Bachelor's degree in finance, accounting, or related field.
3 years of related industry experience; general securities/investment knowledge.
Basic experience with investment management-related compliance/audit methodologies and regulatory. issues associated with the SEC, IA/IC, and State Insurance Commission.
Familiarity with multiple asset classes, including equities, bonds, private equity, private debt, mortgages, and derivatives.
BlackRock (Aladdin) knowledge preferred.
Other Critical Factors
Success in this role is dependent on effective interaction with Portfolio Managers, Traders, and Analysts as well as in other areas of the organization.
Additional Information
This position requires you to work on-site in Minneapolis, MN a minimum of 3 days a week.
Pay Transparency
Thrivent's long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $69,053.00 - $93,425.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.
Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.
The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent's plans/policies are subject to change at any time at Thrivent's discretion.
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation , please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.
At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they've been given. At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our customers. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today-and tomorrow.
For over 100 years, Thrivent has been helping people build their financial futures and live more generous lives. Today, it's a Fortune 500 company that offers a full range of expert financial solutions, serving more than 2 million customers, as well as the communities in which they live and work.
Thrivent fosters a diverse workforce to serve our diverse clientele, reflecting a wide range of backgrounds and experiences. If you're intrigued about our work and the possibility of becoming part of it, we invite you to visit Thrivent.com to learn more. You won't just build a career; you'll be part of an organization focused on growing, innovating, and serving.
