BDIA Due Diligence Analyst

      

This position is responsible for providing due diligence oversight of TIMI’s brokerage and managed account programs, certain investment offerings, 529 Plan providers and 401k plan providers. Due diligence oversight of the brokerage and managed account platform includes model providers and certain SMA managers, as well as the managed account platform and the clearing and custody providers. This position interfaces with Compliance, Legal, and TAM personnel as well as third party vendors providing products and services through TIMI’s BDIA Services group.

This can be a remote position within the US.

         

          

Job Duties and Responsibilities

• Conduct and maintain a due diligence program with a span of coverage including model providers and certain SMA managers
• Due diligence program will also include coverage of vendors utilized by TIMI/BDIA Services including product, managed account platform, and clearing and custody providers.
• Organize pre and post due diligence meetings with Brokerage Operations, Surveillance and Compliance regarding questions and answers for managed account platform and clearing and custody provider.
• Conduct firm level as well as investment management due diligence
• May include performing suitability analysis on trade recommendations provided to TIMI by certain model providers to its discretionary manage account programs.
• May include the management of lists of SMA manager and mutual funds that TIMI makes available for use by Thrivent FRs with their clients.
• Partners with key stakeholders in a collaborative manner.
• Identifies and takes action to correct compliance deficiencies.
• Applies knowledge to business practice, communications or procedures to draw conclusions and to recommend appropriate action.

Required Job Qualifications

• Bachelor's degree or significantly relevant and substantial work experience.
• 3-10 years of directly related experience in conducting due diligence on financial services firms.
• In-depth knowledge of applicable laws and regulations, regulatory requirements and industry best practices.
• Investment research experience preferred
• FINRA SIE, Series 7 and 24 required or obtained within 90 days of hire/transfer

Other Critical Factors

• Strong analytical and decision make skills.
• Attention to detail and excellent follow through.
• Collaborative approach and ability influence other.
• Strong communication (verbal and written) and technical skills.

              

Pay Transparency

 

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $89,895.00 - $121,621.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

 

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

 

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.

 

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to [email protected] or call 800-847-4836 and request Human Resources.