Overview

Description

Primary role would be to support Rule coding, rule maintenance and batch compliance in accordance with relevant regulations (like: ESMA guidelines, UCITS Rules, 1940 Act, ERISA, FCA rules, COLL, etc.) and fund-specific investment restrictions as contained in the prospectus or investment management agreement. Work closely with various regional Compliance teams in EMEA, US, Canada and APAC. Provide assistance in monitoring via Charles River and other applicable projects/assignments.

Key Responsibilities / Duties:

  • Manage a team of significant size end to end including performance management, succession planning, providing regular feedback, coordination with diverse group of stakeholders, managing process updates/changes, staff development, team motivation, engagement and retention. Provide a highly responsive and professional level of support to cross functional business departments.
  • Address day to day compliance alerts/warnings (mainly overnight batch compliance) related to trading strategies and the application of technology related or manual controls created and applied during this process
  • Perform daily review of portfolio transactions and monitor compliance investment restrictions as they apply to holdings and transactions, identifying breaches and following up with respective parties to ensure rectification
  • Perform the review of regulatory and client guidelines for coding relevant rules on trading application
  • Rule maintenance on trading application like: Charles River
  • Prepare documentation to support reviews conducted and to substantiate/demonstrate adequate processes/controls to meet applicable regulatory requirements
  • Maintaining the Compliance Block facility, ensuring that the necessary systems are updated to reflect the current blocks position
  • Assist in resolving queries from regional compliance team and Front Office on compliance matters
  • Assist with ongoing review of relevant processes and procedures to ensure best practice
  • Attend selected meetings/committees as a representative of Compliance
  • Conduct Account Mapping / Review viz a viz applicable rules
  • Prepare Monthly Metrics report from CRD for senior management
  • Conduct forensic, periodic, and transactional testing to ensure compliance of the investment manager, with all applicable state, federal and self-regulatory agency requirements.
  • Interact with members of regional compliance teams to assess, document, monitor, report, develop, coordinate, and implement various compliance monitoring activities, ongoing testing and related controls.
  • Act as subject matter expert in resolving complex situations in day to day tasks and mentor other colleagues in team
  • Assist in Compliance related projects and responsibilities.
  • Assist the legal and compliance staff as requested.
  • Effectively find solutions to compliance issues as they arise.

Qualifications

Working Timings:

To begin with it will be EMEA Region i.e. 12.30pm to 9.30pm IST however this would change every 3 to 4 months time when support would shift to other regions like: NA (6.30pm to 3.30am) and APAC (6.30am to 3.30pm.

Work Experience / Knowledge:

  • Total work experience of 6+ years required including minimum 3 years of relevant work experience of rule coding with an investment advisor or mutual fund group in Compliance or regulatory environment along with people management experience.
  • Strong knowledge of and experience with Equity Products required, including U.S. Retail Mutual Funds, UCITS Funds, Institutional and Proprietary Products. Knowledge of securities regulation as it relates to operations within advisor compliance programs is required.
  • Experience with regulatory environments such as SFC, FCA, SEC, 1940 Act and ERISA is required.

Skills / Other Personal Attributes Required:

  • Excellent written and verbal communication skills
  • Excellent interpersonal and strong analytical skills
  • Strong attention to detail
  • Shall be a good team player
  • Shall be open to work flexible hours
  • Prior experience of managing local employees
  • Proficiency on MS Office suite of applications
  • Familiarity with trading systems and compliance components such as Charles River, Bloomberg, LZ Sentinel or Aladdin

Formal Education:  (minimum requirement to perform job duties)

  •  B.Com / M.Com / MBA /CA /CS / Degree in Commerce/Finance

You can apply to this job and others using your online resume. Click the link below to submit your online resume and email your application to this employer.