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 $90 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:

We seek an Investment Compliance professional to join our 6 person Investment Compliance Team.This person will function as a resource for other departments for resolution of non-standard portfolio compliance monitoring issues while also providing support to internal workflows, client on-boarding and ad-hoc projects. This position offers regular interaction with the Investment and Client Service Teams.

Responsibilities:

• Trading Incidents - monitor pre and post trade guidelines
• Compliance Issues – Identify, research and escalate compliance issues identified by the monitoring review process to Sr. team members
• Compliance Reviews - perform manual compliance reviews as needed; benchmark testing, duration, average quality and liquidity monitoring
• Reporting – Prepare daily, weekly, and monthly reports for approval and circulation
• Client Guidelines – review, test and interpret new and existing client guidelines, perform coding for new portfolios process and monthly guideline certifications
• Perform ad hoc portfolio analyses given current market conditions and/or security-specific factors, downgrades, guideline changes, enhancement projects and/or client requests

Required Skills and Experience:

• Minimum 3 years in financial services required with at least 1 year of compliance guideline monitoring
• General understanding of fixed income securities
• Experience with Bloomberg
• Advanced Excel skills
• Strong attention to detail
• Collaborative with a balance of assertiveness and flexibility
• Ability to perform data analysis
• Experience with an automated, rules-based guideline monitoring system a plus (LZ, CRD, Aladdin)
• Exposure to reviewing prospectuses, SAI’s, investment policy statements and other sources for investment restrictions a plus

Education Requirement:

• Bachelor’s degree required

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 $15,000/year

·$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:

$80,000 - $100,000

Annual Performance Bonus:

This role is eligible for an annual performance-based bonus