Analyst, Investment Compliance

Investment Compliance Analyst

Job Summary

The Investment Compliance Analyst is responsible for supporting and enhancing the compliance programs of NLG Capital, Inc. (the Firm), an SEC-registered investment adviser within the National Life Group family of companies. This role blends investment compliance oversight, including ensuring compliance with broader firm-level regulatory responsibilities, support and guidance to business and support areas. The ideal candidate is detail-oriented, analytical, and has a strong grasp of SEC regulations, investment products, and compliance systems.

Primary Responsibilities

Regulatory Compliance & Oversight

• Track proposed and newly adopted regulations; update the Chief Compliance Officer (CCO) or Deputy Chief Compliance Officer (DCC)) on changes and assist with impact analysis, implementation strategies, and execution.
• Support the CCO/DCCO in evaluating and enhancing the adequacy of compliance policies, procedures, training, and objectives.
• Administration of the firm's Code of Ethics program, including monitoring of personal trading and other regulatorily required disclosures.
• Administer record retention, email surveillance, and assessments of business continuity and information security programs.
• Assist with the implementation and testing of required controls under Rule 206(4)7 and preparation and review of regulatory filings as required (e.g., Form ADV).

Investment Compliance

• Monitor internal and statutory (insurance) investment guidelines, regulatory constraints, and client-specific mandates.
• Conduct pre- and post-trade compliance reviews to ensure portfolios align with investment restrictions.
• Identify, document, and resolve compliance breaches or exceptions, and follow up on corrective actions.
• Support the development and maintenance of compliance rules in proprietary systems or vendor applications like Charles River CRD or Bloomberg AIM.
• Interpret and implement new investment mandates and regulatory updates into compliance tools.

Reporting & Testing

• Prepare and submit reports and documentation related to compliance initiatives, incidents, testing outcomes, and regulatory filings.
• Maintain detailed records of compliance testing, risk assessments, and regulatory approvals.
• Conduct forensic testing to detect potential compliance violations or patterns of concern.

Collaboration & Stakeholder Engagement

• Collaborate with legal, operations, risk, and investment teams to align on compliance strategies and support internal/external audits and regulatory exams (e.g., SEC, FINRA).
• Deliver a high standard of internal service, emphasizing timely support, quality of work product, and responsiveness.

Training & Development

• Stay abreast of industry best practices, vendor updates, and regulatory trends.
• Participate in and contribute to internal training programs and continuous process improvements.

Qualifications

• Education: Bachelor's degree in Finance, Economics, Business, or a related field (required).
• Experience:
• 1-3 years of experience in investment adviser compliance , legal department or law firm supporting investment advisers, or related financial services firm.
• Skills:
• Solid understanding of SEC rules and investment adviser regulations.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint); knowledge of SQL or data analytics tools is a plus.
• Strong analytical, interpersonal, and written/verbal communication skills.
• Ability to work effectively with personnel at all levels, including senior management.

In addition to base salary, other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment National Life is accepting applications for this role on an ongoing basis and the role remains open until filled. National Life Group is a trade name of National Life Insurance Company, Montpelier, VT - founded in 1848, Life Insurance Company of the Southwest, Addison, TX - chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group. National Life Group 1 National Life Dr Montpelier, VT 05604 Social Media Policy Site Disclosure and Privacy Policy