Manager, Portfolio Compliance

COMPANY:

Metropolitan West Asset Management (MWAM) is a growing, fixed income investment management firm that strives to recruit, promote and retain highly qualified, dynamic, resourceful and motivated people. One of our greatest strengths lies in the individual abilities and the diversity of our employees. We emphasize teamwork and commitment to excellence in order to produce the best results for our clients. MWAM is proud to be an Equal Opportunity Employer.

POSITION SUMMARY:

Supervising a team of two Compliance Analysts, the Portfolio Compliance Manager ensures client portfolios are invested in accordance with client guidelines, internal policies and procedures, and all relevant regulatory requirements, within a fixed income investment adviser. Reports directly to the Chief Compliance Officer.

Primary Responsibilities: Supervision of daily review of trading activity for compliance with client guidelines, internal policies and regulatory issues. Direct ongoing conversion of manual compliance processes to automated solutions. Interact with other departments (such as portfolio managers and client services) to resolve compliance issues. Work with portfolio management group to conduct pre-trade analysis and what-if scenarios on proposed strategies and trades. Supervise the review of all portfolios on a periodic basis to ensure compliance. Manage a group of two Portfolio Compliance Analysts.Qualifications: 5+ years of portfolio compliance experience, preferably within a fixed income environment. Previous experience with an automated portfolio compliance monitoring system strongly preferred. (CRD, Latent Zero or Line Data strongly preferred) Previous management experience desired. Strong working knowledge of regulatory regime for clients subject to ERISA, Investment Company Act, other federal laws and demonstrated ability to interpret client investment guidelines and legal documents. Ability to explore and implement automated compliance solutions with information technology specialists. Proficient in various computer systems and software applications, such as Microsoft Office Products and automated compliance systems. Bachelor's degree required; emphasis in business, economics, finance or related field strongly preferred. Good "people skills" - ability to effectively interact with senior or executive management and various levels throughout the organization. Strong knowledge of fixed income securities, including government securities, corporate bonds, and structured products. Basic understanding of derivative products (ex. Swaps, options, futures) is important. Working knowledge of fixed income trading and settlement process. Knowledge of fixed income portfolio qualitative and quantitative measures, including average life, duration, yield, ratings, capital structure, market of issue. Focused attention to detail and written documentation; in-depth research capability. Ability to work in team environment.

 

TO APPLY: Apply online or submit your resume to careers@mwamllc.com