Investment Compliance- Senior Associate

State Street; India; On-site; INR 2,000,000 - 3,200,000; Full time

Benefits offered by this job

Competitive benefits package

Flexible work options

Job summary

State Street seeks a compliance professional to provide end-to-end support to mutual fund clients and their Compliance teams. You will analyze fund guidelines, translate client requirements into actionable items, and ensure adherence to SEC and prospectus/SAI constraints.

The role involves onboarding new clients, maintaining compliance matrices, and coordinating with internal teams to meet reporting needs while applying strong knowledge of U.S. investment laws and fund guidelines.

Qualifications

• 4+ years of fund administration or related work.
• Experience in investment compliance monitoring or coding.
• University degree in business with accounting/finance.
• Certifications such as FRM, CFA, or CISI preferred but not mandatory.

Responsibilities

• Onboard new clients for investment compliance by understanding requirements and extracting restrictions to create a compliance rule matrix.
• Liaise with clients to obtain information to code compliance matrix into the system.
• Perform annual review of compliance rules against updated prospectuses/SAIs.
• Research ad-hoc queries to confirm portfolio alignment with investment guidelines.
• Coordinate with coding team to maintain rules for accurate daily/monthly reporting.
• Demonstrate knowledge of investment compliance to translate requirements for internal teams.

Skills

Communication

Organizational skills

Time management

Analytical ability

Attention to detail

Education

Bachelor's degree in Business/Finance

Tools

Alteryx

SQL

CRD

VBA

Job description

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 world’s 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.

Responsibilities

• 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.
• Identify and analyze operations risks related to current and potential business and recommend procedural changes as needed.
• Adhere to Standard Operating Procedures and improvise Operating procedures where they do not fall in line with the process.
• Ensure timely resolution of issues while keeping management informed of any potential issues.
• Perform 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, identify any unusual or potentially suspicious transaction activity and report or/or escalating in accordance with corporate policy and guidelines.
• Participate on projects or committees within the department and/or with BU Shared Services, COEs and Client Operations teams.

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 such as FRM, CFA, or CISI are preferred, but certification is not mandatory.

Other Qualifications and Skills

• 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.
• Deadline and detail oriented.
• Professional experience in financial services, securities sector and capital markets.
• Strong understanding of Alteryx workflow (designing and refinement).
• Knowledge of SQL.

Secondary Skills (Good to Have)

• Exposure to Charles River Development (CRD).
• Coding in Visual Basic Applications (VBA).

Benefits

Competitive and comprehensive benefits packages, including generous medical care, insurance and savings plans, flexible work programs, and various development and educational support opportunities.

Equal Opportunity

State Street is an equal opportunity and affirmative action employer. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

End Date

August 31, 2026