Associate - Compliance Reporting Analyst - BFSI

Associate-Compliance Reporting Analyst

Corporate Title : Associate

Department Summary :

Market-leading post-trade compliance reporting services for portfolio risk management. Market-leading Compliance Reporting Services enables asset managers, fund sponsors and trustees to efficiently detect and manage violations of client-specified investment rules, facilitating risk reduction and demonstrating industry best practices. With more than 200 clients and 6,000 portfolios-including more than 2,000 mutual funds-the firm services a large number of sophisticated investors globally, representing approximately $2 trillion in assets. Their diverse client list includes corporate and public pensions, investment managers, endowments and foundations, corporate cash, insurers and central banks.

Key Accountabilities/Major Responsibilities :

This role will incorporate the following :

- Client Focused

Provided with a set of clients, the Compliance Reporting Analyst would be responsible for :

- Reviews rules setup by other analysts & acts as a control point toward achieving that the rule is working as per client requirement.

- Ensure the setup of rules are in line with regulatory requirements including the 1940 Act & UCITS

- Able to interpret regulatory changes if any and accordingly provide functional input to make necessary changes to any existing rules.

- Act as a change agent and provide technical expertise to key projects/initiatives in the compliance reporting function.

- Act as a key linkage point with the OSD teams & other stakeholders including audit. Is able to provide an e2e view of the rule coded, whether it is working properly and resultant breaches if any.

- Providing innovative solutions to client requirements (including coding the Compliance Reporting application) in sync with optimization of the rule library in place.

- Is able to appreciate specific client nuances successfully and provide an appropriate & optimal solution to meet objectives.

- Maintaining existing fund "rules" within the system and tailoring available solutions to the changing needs of the client in a timely manner.

- Scope client requirements against that of the system and perform maintenance to the client's account.

- Investigate investment guideline breaches with the investment manager to assist the client in the breach resolution process.

- Keep upto date with industry practice, product development and evolving regulations.

Technically Focused :

- Concentrate on problem-solving technical and involved requests for clients across the globe, as part of discrete implementations of new business.

- Interpreting investment mandates to identify "rules"

- Agreeing reporting criteria with the OSD teams

- Coding identified and agreed "rules" within the Compliance Reporting application

- Logical, problem-solving, technical person would be ideally suited.

The successful candidate will need to either have, or swiftly acquire, knowledge of a myriad of financial instruments, including derivatives.

Key responsibilities :

- Regularly communicate with the Ops and OSD teams (over the phone and electronically) discussing potential breaches on the investment mandates relating to assigned funds.

- Create, maintain and test logical rules automatically applied to the financial instruments owned by company's clients.

Qualifications/Experience/Knowledge :

Knowledge and Experience Required :

- Degree in related technical area (such as Finance, Mathematics, Economics, Computer Sciences or Business) advantageous but not essential.

- Qualification involving financial instruments beneficial.

The successful candidate would have at least two of the following key attributes, demonstrated by suitable experience :

- Strong client servicing experience

- Coding or report writing experience, ideally with logic-based database systems

- Excellent financial market and instrument knowledge

- Compliance reporting product knowledge

All candidates must have :

- Excellent written and verbal communication

- Strong analytical, organisational and problem solving skills

- PC literacy, especially in Microsoft Excel