At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description
We are seeking a Compliance Associate Manager to support and strengthen our Registered Investment Adviser (RIA) compliance program. The team is responsible for designing, implementing, and operating a compliance program aligned with the Investment Advisers Act of 1940, with a strong emphasis on exam readiness, risk identification, and practical supervision. This role partners closely with senior leaders across Legal, Risk, Operations, and the Investments business unit to help ensure the firm maintains a robust compliance framework aligned with SEC rules, firm policies, and regulatory expectations. Additionally, this role supports Investments the business units by responding to semi complex inquiries and the Compliance Department in supervising the routine and performing the semi complex day to day functions of the department. The Compliance Associate Manager may also lead individuals in day to day and project related activities. The ideal candidate is hands-on, detail-oriented, and able to translate regulatory requirements into practical procedures, testing, training, and documentation.
Key Responsibilities
- Develops, maintains, and measures investment compliance policies, procedures, and controls.
- Administers annual certifications, brokerage account reporting, conflict disclosures, regulatory reporting and employee attestations.
- Manages critical compliance related ad-hoc and special projects from inception to implementation.
- Monitors regulatory developments and researches industry changes, trends, and best practices to recommend new or revised procedures as necessary.
- Monitors client portfolios for compliance with investment policy and statutory investment limits, works to resolve potential exceptions and administers compliance rules in the monitoring system.
- Reports routine and semi complex compliance exceptions and materials to senior leadership and responds to in-depth questions.
- Prepares management and governance reports for senior Investment leaders and the Adviser’s Board of Directors regarding issues,
- Performs periodic risk assessments, reviews and tests to ensure successful implementation of policies and procedures through surveillance, monitoring, and examinations.
- Guides junior compliance staff in day to day and project related actives.
Supervisory Duties This job has potential supervisory duties.
Location
Position follows a hybrid schedule based in Chicago, IL (River Point).
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Skills
Compliance, Compliance Frameworks, Compliance Policies
Compensation
Compensation offered for this role is 90,700.00 - 153,925.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
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