Team Lead - Asset Management - Banking

Job Title -

AM Guidelines - Team Lead

Experience - 2 - 5 Years (Kindly adhere to the limit)

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.

- 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), SimCorp Dimension, ThinkFolio.

- 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