Senior Manager, Fund Operations

Job Summary: The Senior Manager, Fund Operations, is responsible for the oversight of funds Transfer Agent and for the execution and governance of intermediary payment, contracting, and oversight processes that support the distribution and servicing of shareholders of the Thornburg mutual funds. This role provides leadership for the review, approval, and administration of intermediary and service provider payments, including 12b-1, shareholder servicing, revenue sharing, and other fee arrangements. The position serves as a key subject matter expert for Fund Operations, supports board and committee reporting, and drives continuous improvement initiatives that strengthen operational effectiveness, scalability, and risk management across the department.

Duties and Responsibilities: Lead and manage operational functions related to intermediary payment administration, contracting, and oversight activities, including coaching, mentorship, and performance management for team members. Establish team goals, key performance indicators, and operational service standards, and implement process improvements that enhance efficiency, scalability, controls, and risk mitigation. Direct the review, approval, and administration of intermediary arrangements, including 12b-1, shareholder servicing, marketing support, DCIO servicing, and other distribution-related payments. Oversee the lifecycle management of intermediary agreements and ensure contractual obligations, fee arrangements, and service commitments are accurately reflected in operational processes. Design, administer, and enhance the intermediary oversight program to assess operational, compliance, and service risks and track remediation activities. Collaborate with Sales, Distribution, Legal, Compliance, Finance, Fund Administration, and Operations on intermediary relationships, regulatory requirements, and operational matters. Develop and maintain procedures, controls, and documentation supporting key operational processes and participate in audits, regulatory examinations, and due diligence reviews. Prepare and present reporting related to intermediary payments, contractual arrangements, and oversight activities, including annual board reporting. Maintain strong working relationships with intermediary firms, custodians, transfer agents, service providers, distribution partners, and operational contacts at other fund companies. Serve as a subject matter expert and escalation point for complex operational issues and lead issue resolution involving intermediary operational processes or contractual matters. Evaluate new intermediary arrangements, distribution partnerships, and service models from an operational risk and feasibility perspective. Support product launches, fund mergers, share class initiatives, and distribution strategy changes. Drive automation and technology initiatives that improve payment processing, contract management, and oversight capabilities, and contribute to long-term operational strategy and organizational planning for Fund Operations. Perform other duties as assigned.

Requirements: Bachelor’s degree in Business Administration, Finance, Accounting, or related fields or equivalent combination of education and experience.10-15+ years of progressive experience in fund operations or intermediary operations with at least 5 years in managerial/leadership roles. Demonstrated experience designing and managing intermediary oversight, vendor oversight, and payment management programs. Demonstrated experience supporting SEC examinations, internal audits, and compliance reviews. Demonstrated experience evaluating operational risks and implementing control frameworks. Experience managing significant operational vendor relationships. Active participation in industry organizations such as ICI, NICSA, DTCC working groups, or similar forums. Excellent written and oral communication skills, with strong analytical ability to ask probing questions, summarize complex technical information for non-technical audiences, and deliver concise feedback. Required FINRA licenses: Series 7, Series 24, and Series 99.Job Benefits Medical, dental, and vision coverage. Employer 401(k) safe harbor and profit-sharing contributions. Work/life programs such as flexible work arrangements, flexible paid time off, paid parental leave, employee assistance program, education reimbursement program. Community involvement opportunities. Onsite cafeteria. Onsite fitness center. Referral program. Santa Fe is the capital of New Mexico. Founded in 1610 and nicknamed "The City Different," Santa Fe captures hearts and minds with its museums, restaurants, theater, opera, and adobe-style architecture. With an average of over 300 sunny days per year and picturesque landscape, it's no wonder that outdoor activities such as skiing and hiking in "The Land of Enchantment" attract visitors from around the world. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, disability, gender, gender identity or protected veteran status.