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25/06 Akshay
Recruiter at Black Turtle

Views:4700 Applications:126 Rec. Actions:Recruiter Actions:6

Trade Compliance & Monitoring Role - BFSI (2-24 yrs)

Bangalore/Mumbai Job Code: 713102

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.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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