Investment Compliance

Who we are looking for Looking for compliance professional who understand and can provide end-to-end support to investment company Mutual Fund clients their Compliance teams by sharing primarily meaningful insights about the funds ability to comply with i SEC Securities and Exchange Commission requirements and ii investment guidelines stated in the Prospectus Statement of Additional Information SAI Why this role is important to us The team you will be joining is a part of State Street Global Advisors SSGA one of the biggest asset managers in the world that provides services to the worlds governments institutions and financial advisors Our array of offerings includes exchange traded funds ETFs and investment solutions and support for Defined Contribution plan sponsors and participants As pioneers in index ETF and ESG investing we are always inventing new ways to invest Join us if making your mark in the asset management industry from day one is a challenge you are up for What you will be responsible for Onboarding of new clients for investment compliance by understanding the client requirements interpreting the prospectus investment mandate and extracting compliance restrictions to create a compliance rule matrix Liaise with clients to obtain additional information that may be necessary from time to time to code compliance matrix into the compliance system Perform annual review of compliance rules in the matrix by comparing them against updated prospectuses SAIs Research ad-hoc queries from compliance reporting team to determine if client portfolio is in line with the investment guidelines Liaise with coding team for maintenance of rules in the system to ensure accurate daily and monthly compliance reporting is disseminated to clients Demonstrate in-depth knowledge of Investment compliance to translate client requirements into actionable items for internal teams and work with internal teams For example changes related to how a particular derivative should be treated for Derivative Coverage testing or CFTC Testing or IRC Identifies and analyzes operations risks related to current and potential business and recommends procedural changes as needed Adheres to Standard Operating Procedures and improvises Operating procedures where they do not fall in line with the process Ensures timely resolution of issues while keeping management informed of any potential issues Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements May have daily contact with Client Service Client Management COEs and Business Unit BU Shared Service teams During the course of normal day-to-day operation responsible for identifying any unusual or potentially suspicious transaction activity and reporting and or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures Participates on projects or committees within the department and or with BU Shared Services COEs and Client Operations teams What we value These skills will help you succeed in this role Good knowledge of U S Investment Companies Act of 1940 or UCITS Strong communication interpersonal organizational and time management skills Ability to analyze investment guidelines and policies to determine testing requirements Excellent communication organization interpersonal planning and analytical skills Deadline and detail oriented Demonstrated computer proficiency including advanced knowledge of MS Excel as well as problem solving and analytical skills Education Preferred Qualifications University degree in Business majoring in Accounting Finance or other Financial-related programs Overall experience of 4 years in Fund Administration or related work Investment compliance monitoring or coding experience is a must Pre or post-trade investment compliance Certifications Candidates pursuing FRM Financial Risk Manager by GARP CFA Chartered Financial Analyst CISI Chartered Institute for Securities Investment are preferred but certification is not a must for the role Secondary Skills Good to Have Exposure to Charles River Development CRD Coding in Visual Basic Applications VBA About State StreetWhat we do State Street is one of the largest custodian banks asset managers and asset intelligence companies in the world From technology to product innovation were making our mark on the financial services industry For more than two centuries weve been helping our clients safeguard and steward the investments of millions of people We provide investment servicing data analytics investment research trading and investment management to institutional clients Work Live and Grow We make all efforts to create a great work environment Our benefits packages are competitive and comprehensive Details vary in locations but you may expect generous medical care insurance and savings plans among other perks Youll have access to flexible Work Program to help you match your needs And our wealth of development programs and educational support will help you reach your full potential Inclusion Diversity and Social Responsibility We truly believe our employees diverse backgrounds experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients We warmly welcome the candidates of diverse origin background ability age sexual orientation gender identity and personality Another fundamental value at State Street is active engagement with our communities around the world both as a partner and a leader You will have tools to help balance your professional and personal life paid volunteer days matching gift program and access to employee networks that help you stay connected to what matters to you State Street is an equal opportunity and affirmative action employer Discover more at StateStreet com careers