Senior Investment Compliance Consultant

EY; Bengaluru; On-site; INR 400,000 - 700,000; Full time

Job summary

EY Bengaluru seeks an Investment Compliance Senior Consultant with 7+ years of experience in asset management, capital markets, and regulatory compliance. The role emphasizes rule coding, interpretation of investment documents, and ensuring adherence to regulations across fixed income, equity, and derivatives.

You will collaborate with desks and PMs, code client and regulatory rules on compliance platforms, test them, and maintain data quality to prevent false positives.

Qualifications

• 7+ years of investment compliance experience.
• Strong familiarity with investment guidelines, agreements, and regulations.
• Experience coding client and regulatory rules on compliance platforms.
• Ability to test rules and ensure accuracy in outputs.

Responsibilities

• Perform analytical review of Investment Guidelines from investors and institutions.
• Annotate/interpret Investment management Agreements, Prospectuses, SAIs, and Delegate Sleeve Agreements.
• Schedule annotation meetings with Desk/IC Leads/PMs to align on interpretation.
• Code client and regulatory rules on compliance platforms and conduct rule testing.
• Set up counterparty and broker data for trading and maintenance.
• Collaborate with operations to improve data availability and quality.
• Review new data analytics and update compliance platforms.
• Understand and implement rules per ratings agencies.
• Identify coding issues and fix to avoid false positives.
• Maintain Legal & Compliance approved lists and restricted lists.
• Periodically review account coding for accuracy and consistency.
• Address ad-hoc queries to ensure portfolios align with guidelines.
• Identify operational risks and recommend procedural changes.
• Oversee task execution, resource allocation, and team performance.

Skills

Analytical skills

Attention to detail

Regulatory knowledge

Tools

LZ Sentinel

Charles River

Aladdin (Compliance)

SimCorp Dimension

ThinkFolio

Job description

Role Title

Consulting WAM Investment Compliance: Senior Consultant

The Opportunity

Role Summary: Seeking an Investment Compliance professional with strong expertise in Rule coding, financial products and regulations. The role will require eye for detail to capture all compliance requirements and avoid mistakes. The role will also require effective client interactions to build a strong relation.

Role

• Role: Investment Compliance Rule Coding
• Experience: 7+ Years
• Domain: Asset Management, Capital Markets, Compliance, Fixed income, Equity, Derivatives, Regulations

Your Key Responsibilities

• Performing analytical review of Investment Guidelines provided by investors and institutions.
• Annotation/Interpretation of Investment management Agreement/Prospectus/ SAI / Delegate Sleeve Agreements
• Scheduling the Annotation meeting with Desk/IC Leads/PMs to agree on Interpretation
• Coding client and regulatory rules on compliance platforms along with rule Testing
• Counterparty and broker setups for trading & Counterparty maintenance.
• Partner with various operations team to improve data availability and overall quality of underlying data.
• Review new data analytics and update compliance platforms
• Understand and setup rules as per ratings agencies
• Identification of coding issues and fix them to avoid false positives.
• Maintenance of Legal & Compliance approved & restricted lists.
• Perform periodic reviews of account coding to ensure accuracy & consistency.
• Research ad-hoc queries from compliance reporting team to determine if client portfolio is in line with the investment guidelines
• Identify and analyse operations risks related to current and potential business and recommends procedural changes as needed.
• Responsible for decision-making, optimizing processes, resource management, and overseeing team management as needed for task execution.
• Accountable for allocating personnel, supervising team members, assigning tasks, ensuring that the team has the necessary tools and support to succeed in their roles and optimizing and evaluating their performance to meet organizational goals.

Skills and attributes for success

• Expert level skills trade compliance applications such as LZ Sentinel, Charles River, Aladdin (Compliance), SimCorp Dimension, ThinkFolio.
• Expertise of 1940 Act, UCITS Regulations or ERISA will be added advantage
• Analytical & Interpretation skills: Client agreement language needs interpretation and post trade compliance tests performed need data analysis skills.
• One needs to understand financial instruments which are being traded by Portfolio Managers to code guidelines or to perform secondary research.
• Detail Orientation: Function is critical from an impact perspective. Need eye for detail and there is zero tolerance to oversight mistakes.
• Understanding of Portfolio Management, Role of Portfolio Manager, Key aspects of Investment Management
• 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