Senior Compliance Rule Coding Analyst

Job Description

ResponsibilitiesRule Building Duties, using Charles River:

• Reviews investment restrictions in proposed new account documentation and guideline amendment language to ensure ability to code the compliance system as well as clarify intent, if needed
• Programs logic-based rules in Charles River in order to effectively monitor client and regulatory requirements
• Collaborates with investment staff to ensure rule coding achieves alignment between client/regulatory requirements and the investment strategy of each portfolio
• Performs quality assurance testing and review of rules programmed by other team members
• Evaluates compliance system functionality and available data elements to determine how restrictions can be captured in the compliance systems
• Provides creative coding solutions and alternatives to capture complex requirements
• Assesses impacts of code changes and tests restrictions to ensure they function as intended

Process Improvement:

• Proactively identifies process improvement opportunities
• Works to reduce risk by looking for opportunities to make coding more accurate, concise, and efficient
• Recommends ways to automate manual rules and/or implement additional compliance functionality and data as a result of system upgrades
• Develops subject matter expertise and proactively shares expert knowledge of the Charles River system, or other investment compliance monitoring system(s), to significantly increase depth of knowledge within the Rule Building function
• Challenges the status quo of policies and procedures, existing thinking, and offers new solutions
• Assists in the continued optimization of the rule library

Projects:

• Prioritizes, organizes, and oversees complex projects from internal and external customer groups
• Assesses the comprehensive impacts of regulatory changes, new investment strategies, products and derivative instruments on the rule library
• Develops project plans for Rule Building personnel to implement changes
• Communicates rule changes and resulting impacts to internal and external customers ensuring changes are appropriately documented
• Develops appropriate documentation, procedures, and process controls

PERSONAL ATTRIBUTES / SKILLS / QUALIFICATIONSRequired:

• Bachelor’s degree, or Associate degree and 4 years related work experience, or High School diploma/equivalent and 6 years related work experience
• Proven analytical skills within the area of investment compliance or a related field
• Excellent attention to detail; commitment to quality
• Excellent customer service orientation
• Excellent interpersonal skills; effective written and oral communications
• Ability to work under pressure
• Excellent organizational skills; proficient in handling multiple tasks simultaneously
• Excellent research and problem-solving skills
• Team player

Preferred:

• Bachelor’s degree in a related field (e.g. accounting, finance, etc.)
• 4 years of work experience in investment compliance or closely related field
• Experience with compliance and/or trading systems, preferably Charles River
• In-depth investment/securities knowledge, including derivatives
• Working knowledge of global regulations, i.e. 1940 Act, UCITS (Luxembourg/UK), etc.
• Working knowledge of relational databases, SQL, programming languages and database concepts