About the role

State Street Global Advisors (SSGA) is seeking an Investment Compliance Senior Associate in Bangalore, India to provide end-to-end compliance support for mutual fund clients. You will interpret prospectuses and investment mandates to build compliance rule matrices, liaise with clients and coding teams to maintain rules in the compliance system, and perform annual reviews and ad-hoc research to ensure portfolios align with SEC requirements and prospectus guidelines. The role also involves identifying operational risks, adhering to SOPs, and supporting daily compliance processes with client service and shared service teams.

What you’ll do

Onboard new clients for investment compliance by understanding client requirements, interpreting the prospectus/investment mandate, and extracting compliance restrictions to create a compliance rule m
Liaise with clients to obtain additional information necessary to code the 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 the compliance reporting team to determine if client portfolios are in line with investment guidelines
Liaise with the 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 (e.g., derivative coverage testing, CFTC testing, IRC)
Identify and analyze operations risks related to current and potential business and recommend procedural changes as needed
Identify any unusual or potentially suspicious transaction activity during day-to-day operations and report/escalate in accordance with corporate policy and operating procedures

What you’ll bring

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 (pre or post-trade investment compliance) is a must
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

Nice to have

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
Exposure to Charles River Development (CRD)
Coding in Visual Basic Applications (VBA)
Strong understanding of Alteryx workflow (designing and refinement)
Knowledge of SQL

Skills

Investment ComplianceFund AdministrationSEC ComplianceProspectus AnalysisCompliance Rule MatrixAlteryx WorkflowSQLVBA

Benefits

Competitive and comprehensive benefits packages including generous medical care, insurance and savings plans
Flexible Work Program to help match your needs
Wealth of development programs and educational support
Paid volunteer days
Matching gift program and access to employee networks

Education

University degree in Business majoring in Accounting, Finance, or other Financial-related programs