Trade Compliance & Monitoring Role - BFSI

Open for local candidates from Mumbai and Bangalore.

Looking for Trade compliance and monitoring experience with reference data coding with technical experience in - aladdin/ sentinel/ charles river.

JD for the role :

Process Overview

- Portfolio Compliance: Coding & Monitoring, Trade Surveillance, Alert Management.

- AM Guidelines team supports portfolio managers by updating Investment management mandates on Compliance platforms and monitoring alerts for Institutional client guidelines. Coding involves setting up client & compliance regulations in systems to enable effective monitoring of guidelines. Monitoring requires managing the alerts, breaches generated pre/ post trade as a result of trades/ non-trading actions and communicating effectively with various stakeholders.

Description of Functions :

Coding :

- Annotation of Investment management Agreement

- Coding client and regulatory rules on compliance platforms.

- Rule Standardization

- Counterparty and broker setups for trading

- Setting up strategy benchmark and client approved security List

- Leveraging Machine learning tools for standard rule setups

- Performing analytical review of Investment Guidelines provided by investors and institutions.

- Partner with various operations team to improve data availability and overall quality of underlying data.

Monitoring :

- Monitoring investment breaches & tracking down root causes

- Liaison with Portfolio Managers & end-clients ensuring complete adherence to Investment Guidelines.

- Ensure investment of portfolios is per client guidelines, internal policies & procedures and in compliance with all relevant regulatory requirements.

- Leverage Portfolio analytical tools and perform durations and weightage calculations for complex rules

- Analysis & Interpretation of investment guidelines related to Equity, Fixed Income, BETA, ETF, Funds, Hedge Fund Portfolios & Derivatives.

- Ensure coding accuracy & communicate in case of any discrepancy.

- Partner with various operations team to improve data availability and overall quality of underlying data

Scope & Responsibilities :

Coding :

- New account coding, reviews & revisions including on-boarding activities.

- Review new data analytics and update compliance platforms

- Understand and setup rules as per ratings agencies

- Identification of coding issues.

- Maintenance of Legal & Compliance approved & restricted lists.

- Counterparty maintenance.

- Work on Rule coding standardization across supported regions.

- Perform periodic reviews of account coding to ensure accuracy & consistency.

- Setting up trading brokers and counterparty Limits, exposure as per IMA

- Evaluate coding accuracy & communicate in case of any discrepancy.

- Partner with monitoring team to reduces false breaches and manually monitored guidelines.

- Lead Governance meetings and stakeholder management

- Manage custody and broker relationships

- Lead local and global Projects

- Drive efficiency via Intelligent Automation tools.

- Product Lead and People Management

Monitoring :

- Post-trade violation investigation & resolution

- Classification of Active v/s Passive breach

- Assistance with Client certifications/ attestations.

- Additional review of regulatory breaches around UCITS and 1940 ACT regulations

- Classification of Fund Portfolio investments

- Manual test execution as per defined periodicity.

- Perform Annual account review

- Coordinating with Portfolio managers and Investment specialists for fund breaches

- Execute Client service group duties and coordinate between various portfolio managers

- Lead Governance meetings and stakeholder management

- Manage custody and broker relationships

- Lead local and global Projects

- Drive efficiency via Intelligent Automation tools.

- Product Lead and People Management

Performance Areas & % Time :

- Workflow management.

- Adherence to time-bound SLA for all Coding and New & repeat alerts.

- Generate periodic Metrics and KPI

- Perform manual checks as per tests agreed with Risk & Front Office.

- There is no tolerance to errors - non-completion or incorrect action by Guidelines team may lead to Loss and/ or Client impact.

- Portfolio manager query emails must be reverted on the same day.