Investment Compliance, Senior Associate

Purpose of the Role

Investment Compliance Specialist's core responsibility is monitoring of compliance results on client portfolios and coordinating work of the team. Under the supervision of Manager, the Investment Compliance Specialist will engage in various projects, non-standard analysis and initiatives related to technical aspects of the business.

Specific Duties

Accountability over Service Delivery

• Take responsibility for the quality and timelines of service provided and ensure team meets green KPI target

• Take a leading role in the review of processes, procedures, controls and initiate remedial action as necessary

• Participate as technical SME in the development, testing and implementation of new systems and products

• Raise, escalate and track resolution progress of operational issues, provide timely updates and report status

• Evaluate continuing effectiveness and accuracy of the process in order to suggest improvements and create developments.

• Contribute to analysis and planning of operating model with the aim of standardizing processes and establishing best practice

• Assist in operational capacity calculation of your team/function/unit 

Leadership and Management

• Monitor the performance of the team, provide regular feedback to employees and to team manager regarding daily work

• Liaise with internal clients and supporting departments for the purpose of obtaining key inputs to service delivery, resolving errors and discrepancies

• Assist Team Manager in the organization of the Team

• Take leading role in setting client-specific solutions within the compliance system

• Co-ordinate and implement training and development activities to individuals, your team or where applicable to your department

• Help other team members to understand the process and technical aspects of daily activities to allow them proposing new ideas and improvements within team’s area of responsibility

• Delegate tasks related to daily processes and additional project to other team members, control the progress

Manage Relationships & Communication

• Provide regular progress reports and give feedback during project meetings

• Develop and maintain close contact with Manager and Donor Site, briefing them on all issues and problems both actual and potential

• Represent your team and department in meetings and interactions with internal partners/external clients/other departments or units

• Provide timely and professional responses to all enquiries

• Demonstrate flexibility by supporting different teams as well as contributing to a range of projects departmental wide

• Maintain high standards of personal and professional performance/behavior

Specific Qualifications & Skills

• Advanced technical and financial knowledge regarding Investment Compliance processes and systems

• Excellent computer skills including knowledge of Excel spreadsheets and database applications

• Accuracy and ability to work with deadlines.

• Understanding of SQL query language and VBA would be an asset

• Excellent English

• Proactivity and creativity in issues solving

• Promoting an active and committed attitude, be open to questions and discussions

• Motivating colleagues to make independent decisions

• Demonstrate effective time management and good organizational skills in order to meet deadlines related to projects and daily work 

• Accountancy/Business/Science related degree (preferred)

• At least 3 years of previous experience in fund industry/back office service.

Work Environment

1. As relates to Employee’s job related task and duties Employee is responsible towards his direct Superior.

2. All issues with which Employee turns to the one level up Manager should have been discussed with his direct Superior.

3. Employee has the right to appeal from every decision of his direct Superior to the one level up Manager.

Employee’s responsibility rules

1. Employee is made accountable for all his job duties and State Street’s property entrusted to him.

2. Employee's responsibility concerns at equal degree entrusted duties, decisions taken and the initiative required at the given position.

3. Employee is responsible at equal degree for decisions taken and not taken when the situation requires that.

4. Employee commits not to disclose any information that might be considered as confidential for the Employer.

5. Employee is obliged to comply with all regulations and procedures concerning Health and Safety, environmental protection and company's directions in this domain.

6. Employee does his best to make the work environment and culture safe for him and his colleagues.

About State Street

What 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, we’re making our mark on the financial services industry. For more than two centuries, we’ve 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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