Senior Manager- Portfolio Compliance Monitoring

Job Description

Title: Senior Manager - Investment Compliance India

Department: General Counsel Shared Service

Location: Gurgaon, India    

Reports To: Head of GC Shared Service

We are proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our General Counsel ("GC") Shared Services team and feel like you are part of something bigger.

About your team:

General Counsel (GC) is a trusted advisor to all parts of Fidelity International Limited ("FIL"), providing high-value independent advisory and assurance expertise through our specialist teams. GC comprises of Legal, Risk, Compliance, and Tax. GC Shared Services function is a global centre of expertise currently in Dalian and India, providing operational support and services to the General Counsel function.

Global Investment Compliance:

The Global Investment Compliance (GIC) function provides advice, support, oversight and challenge to teams across Fidelity's Investment Solutions and Services (ISS) business. Stakeholders include portfolio managers, research analysts, trading desks, corporate finance, institutional teams and their respective support groups.

About your role:

This role is part FIL GC Operations in India, working closely with the GIC teams globally. You will be playing a key role and be responsible for leading the broader Investment Compliance Operations team in India and providing on-site guidance and management oversight for work performed across the GIC teams in India.

The role holder, will form part of both the GIC Management team and GC Shared services Management team, working closely with the other investment Compliance Leads and other GC colleagues to ensure delivery of high-quality compliance monitoring and assurance activities across the board. This new role is expected to bring strong governance, process improvement and management oversight to deliver globally consistent and best in class compliance support.

Key Responsibilities

Delivery

• Lead the broader Investment Compliance Operations team in India, providing management oversight and support to the team in India.  
• Provide hands-on oversight and guidance to the team in ensuring that all applicable regulatory and/or IMA restrictions and guidelines, applicable to various FIL managed portfolios, are accurately set-up in the Portfolio Compliance Monitoring system. 
• Evaluate investment restrictions for compliance testing and provide expert level guidance and support to the team members on end of day testing and related queries. 
• Develop and maintain effective management information, KPIs and reporting metrices for the GIC function.  
• Work closely with other advisory and monitoring leads, to identify improvement opportunities, actively drive efficiency, consistency and best practice globally  
• Represent in relevant various technology projects and enhancements. Assist in a range of other FIL-wide projects or tasks as may be required from time to time.  
• Develop and maintain effective working relationships with other functional areas for timely receipt of information required for the completion of tasks. 
• Provide a high-quality timely service to internal and external customers 

Leadership

• Contribute to building a high performing team by managing a direct report as well as coaching other team members 
• Anticipate potential conflict and the need for change, before these negatively impact on delivery 
• Lead by example, demonstrating high standards of excellence and integrity fully aligned to FIL's values and objectives 
• Ensure the team has the skills, capacity and cover it needs to provide uninterrupted support to ISS teams 
• Develops solid succession plans and ensures that qualified successors are identified and ready 
• Ensure the team always has appropriate procedures and resources in place  

Working Relationships / Contacts

• Investment Compliance teams globally  
• Portfolio Managers, Portfolio Services Group staff globally 
• Trading Desks 
• Relationship Directors and Client Service Managers for Institutional business 
• Compliance Systems Support and Data Management Services 
• Product Development teams 
• Legal, Risk and other GC teams 
• Investment Administration 

Experience and Qualifications Required

• More than 10 years' experience in working in the financial industry (preferably buy side) and of investment products. Strong knowledge and experience in portfolio compliance monitoring and rule coding using Charles River (or similar) systems 
• Strong understanding of Investment Compliance and related processes, including regulatory principles related to market misconduct and conflict of interest. 
• Strong knowledge of equities, fixed income and derivatives instruments 
• Excellent inter-personal, communication and presentation skills, with good command on spoken and written English 
• Effective influencer, able to build productive relationships, while comfortable challenging and negotiating different viewpoints
• Acknowledged role-model with track record of delivering excellent service
• Collaborative problem-solver able to work through ambiguous, shifting and sometimes competing priorities
• Positive team player as well as the ability to work on their own initiative
• Strong analytical skills, problem-solving ability and attention to detail

We are committed to being an inclusive and diverse company to work for and strive to create a culture where flexible working is encouraged so that we retain and attract the best talent by offering working patterns that suit both individual and business needs.