Income Research + Management 

Income Research + Management is a Boston-based, privately owned, fixed income asset management firm. IR+M delivers strong performance and consistent results through a rigorous, bottom-up security selection process and strives to provide best-in-class client service to our 800+ institutional and private wealth clients.     

Founded in 1987 and located in the heart of Boston’s financial district, IR+M employs 200+ full time professionals and currently manages $100+ Billion in assets. We offer industry-leading benefits, as well as a challenging, collegial, and rewarding workplace with high levels of employee engagement. 

We operate a hybrid work model that will mix days with your team in the office and remote work, leveraging first class technology solutions.  

Job Description: 

The Investment Compliance Vice President is a position that will work cross functionally to assist in resolving non-standard portfolio compliance monitoring issues, provide internal and external support to Portfolio Managers, Client Service with onboarding, negotiate newly created or amended guidelines and review rule coding. This position will manage a 2–3-person team within Investment Compliance and will report directly to the Senior Vice President of Investment Compliance.

Responsibilities:

• Manage trading Incidents –pre-trade override comments and monitor post-trade incidents 
• Supervise the client onboarding process from guideline negotiation through implementation
  Review, test, interpret new or amended existing client guidelines and code guidelines as required
  Compliance Issues – flag, analyze and resolve issues identified by the monitoring review process and escalate pertinent information senior management
• Perform ad hoc portfolio analyses given current market conditions and/or security-specific factors, downgrades, guideline changes, etc. and present findings to Investment and/or Product teams
• Compliance Reviews - perform manual reviews as needed, including benchmark testing, duration, average quality, and liquidity monitoring
• Assist in developing best practices and control procedures to improve efficiencies
• Ability to evaluate opportunities to mitigate business risk
• Provide support and development opportunities to the team

Required Skills and Experience:

• Minimum 8 years of Investment Compliance experience
• Minimum 1+ years in a management role
• Strong understanding of fixed income securities
• Experience with rule coding in an automated guideline monitoring system; LatentZero, Charles River etc. 
  Experience interpreting IMA’s, investment policy statements, public statutes and other sources for investment restrictions
• Strong technical skills: MS Power BI, MS Excel, Bloomberg API,
• Collaborative with a balance of assertiveness and flexibility
• Thrive in a fast paced environment 

Education Requirement:

• Bachelor’s degree required 
• Progress towards professional designation (CFA) or an MBA is not required but preferred

What we offer you: 

Joining the IR+M team is an opportunity to experience a unique and exciting culture and work environment. On a daily basis our employees are encouraged to personify our Core Values; working in a manner that emphasizes investment, respect, positivity, and motivation across the business and in delivering results for our clients. 

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance. 

·       Hybrid work environment allowing individuals to build strong bonds with colleagues in the office mixed with remote work capability 

·       Medical, dental, vision and life insurance 

·       Retirement savings – 401(k) plan with a safe harbor contribution (3%), a company discretionary contribution (12%), and a broad investment lineup 

·       Tuition reimbursement up to $15k annually 

·       $5,000 Referral bonus for employees who refer new hires 

·       Business-casual environment that includes the option to wear jeans 

·       Generous paid time off upon hire – including 20 days of vacation, 2 wellness days, unlimited sick time plus eight paid company holidays and 2 floating days each calendar year 

·       Paid volunteer time — 2 days per calendar year 

·       Leave of absence programs – including paid parental and family leave, paid short- and long-term disability, and Family and Medical Leave (FMLA) 

·       Fitness, health, and composting reimbursements  

In addition to the opportunity to participate in a discretionary bonus program, the salary range below describes the estimated minimum to maximum base salary range for a position of this level. Compensation decisions are dependent on the facts and circumstances of each candidate and may vary based upon but not limited to relevant experience, licensure requirements, certifications, skill set, and other business and organizational needs. 

Base Salary Range: 

$135,000 - $195,000                                                                             

Annual Performance Bonus: 

This role is eligible for an annual performance-based bonus