04/09 Divya Dang
Senior Researcher at New Era India

Views:1193 Applications:51 Rec. Actions:Recruiter Actions:2

Associate - Investment Guidelines - Investment Bank (4-8 yrs)

Bangalore Job Code: 739396

Associate - Investment Guidelines - Investment Bank - Bangalore


An Investment Bank :

Must Have : Incumbent should have experience in Guideline Coding, Guideline monitoring and compliance.

Sentinel/ Charles River/ Aladdin (Compliance)/ SimCorp Dimension/ ThinkFolio

Location : Bangalore

Skill :

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

- Counter party 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 duration and weight age 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.

- Counter party maintenance.

- Work on Rule coding standardization across supported regions.

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

- Setting up trading brokers and counter party 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.

Interactions with stakeholders :

- Projects as required.

- Process/ system enhancements along with regression testing

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

- Participate in local and projects as required.

- Process / system enhancements along with regression testing.

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.

Minimum Requirements :

- 2-5 years of work experience of Portfolio Guidelines Coding/ Monitoring.

- Candidate with 5+ years in-depth understanding of securities reference data, portfolio analysis experience can be considered.

- Familiar with trade compliance applications such as LZ Sentinel, Charles River, Aladdin (Compliance), Sim Corp Dimension, Think Folio.

- Professional level understanding of 1940 Act, UCITS Regulations or ERISA will be added advantage.

Key Competencies :

- Analytical & Interpretation skills: Client agreement language needs interpretation and post trade compliance tests performed need data analysis skills.


- Team needs to understand financial instruments which are being traded by Portfolio Managers to code guidelines or to perform secondary research.

Detail Orientation : Function is critical from an impact perspective. Need eye for detail and there is zero tolerance to oversight mistakes.

Communication (Spoken - Assertiveness & Written) :


- Need to communicate with Front Office (Portfolio Managers), Onshore Leads, Client Services on need basis to ensure correct interpretation by the coding team & to confirm client guideline breaches are understood by Front Office for necessary correction of the trades. Portfolio breaches need to be explained with requisite details over the email.

- Understanding of Portfolio Management, Role of Portfolio Manager, Key aspects of Investment Management.

- Individual contributor & effective team player.

Technical Skill :

- Proficiency level 1 - Beginner, 2 - Intermediate, 3 - Advanced

- Portfolio Management - 2

- Fixed Income, Equity, Liquidity, ETFs, Multi Asset Solution, BETA - 2

- Portfolio Compliance Coding/ Monitoring - 2

- Bloomberg - 2

- Investment Strategies - 2

- Sentinel/ Charles River/ Aladdin (Compliance)/ SimCorp Dimension/ ThinkFolio - 2

- Interpretation of Legal Language from Client Guidelines - 2

- 1940 Act, UCITS Regulations - 2

- MS Excel - 3

- Communication - Spoken & Written - 3

Shift : APAC/ EMEA/ North America

Divya
8130087710

Women-friendly workplace:

Maternity and Paternity Benefits

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