Senior Associate, Operational Compliance

Job Description

Job SummaryResponsible for undertaking a wide range of operational compliance and regulatory reporting duties as part of the first line of defence.The jobholder will work closely with the Investment Operations, Trading and Data teams and second line compliance function, as well Investment and Distributions teams, external counterparties and brokers.Specific activities and responsibilitiesKey responsibilities & accountabilities

• Implementandmonitorpre-trade andpost-trade investmentmanagementcompliance for all portfolio accounts and ensure portfolio compliance with applicable guidelines and restrictions.
• Transaction and trade reporting monitoring and reconciliation including EMIR, MiFID II and to the FCA/ local regulators. Other reporting requirements as required.
• Shareholderdisclosure and TakeoverPanelmonitoringand client/ regulatory submissions
• Recurring compliancemonitoring tasks inrelationto (butnot limited to) the following areas:
  • Best Execution including monitoring and review of outlier trades.
  • Personal account dealing.
  • MAR surveillance, challenge and documentation of oversight.
  • Adherence to the firm’s trading policies.
  • Escalate relevant issues to the second line of defence.
• Management of breach reporting, resolution and implementation of remedial actions.

Additional responsibilities

• Member and Secretary of the firm’s Best Execution Committee.
• Maintain KYC documentation with brokers to keeping the firm in good standing with each. Co-ordinate broker reviews and onboarding process in conjunction with the Dealing team.
• Co-ordinate CASS 8 quarterly reviews for each relevant client.
• Co-ordinate annual review of Investment Management Agreements to ensure the firm fully complies with all obligations.
• Timely collation and submission of data required to complete information exchange templates. Support the Dealing and Client Services teams with due diligence responses and client requests for transaction cost data.

• Work with various business areas to obtain input and assistance with compliance testing.
• Contribute to compliance reporting for committee and board level. Ensure relevant compliance registers are maintained effectively and work with the business to ensure the timely closure of open breaches.

Knowledge & experience

• Sufficient experience of operational compliance with an asset management firm or other relevant FCA-regulated activities.
• Strong technical knowledge of the prevailing operational compliance and regulatory reporting environment, including UCITS, MiFID II and EMIR compliance and regulatory rules.
• Knowledge of the UK and Irish regulatory and governance requirements related to pooled funds.
• Experience with open and closed-ended pooled funds and segregated mandates investing primarily in listed equities. Other asset class experience an advantage.
• Familiarity with Bloomberg RHUB, BTCA and CMGR an advantage.

Skills, abilities & personal qualities

• A self-starter with strong attention to detail. Ability to undertake daily and periodic tasks accurately and on a timely basis.
• Ability to identify and implement steps to ensure effective controls, improve efficiency and reduce operational risk, as part of a robust governance framework.
• Operates and communicates effectively and confidently with both internal and external stakeholders.
• Strong project management skills. Ability to prioritise effectively and organise workflow to meet challenging deadlines.
• Motivated, resilient, energetic, and enthusiastic. Effective team player.