Investment Compliance- Senior Associate

About the role

The Investment Compliance Senior Associate role at State Street in Bangalore, India, supports the conversion of investment compliance rules from the legacy MIG system to Charles River Investment Management (CRIMS). Day-to-day work includes performing user acceptance testing of rules, identifying issues in rule coding, and coordinating fixes to ensure a seamless client migration to CRD. The role requires translating regulatory and client restrictions into logic-based rules and workflow processes for post-trade investment compliance systems.

What you’ll do

• Support the conversion of investment compliance rules from legacy compliance system (MIG) to Charles River Investment Management (CRIMS)
• Perform user acceptance testing of the rules
• Identify issues in rule coding and get those addressed
• Ensure the client migration from MIG to CRD is seamless
• Translate all requirements from Prospectus, SAI, Investment Policies, Practices and Procedures, and other client restrictions
• Define logic-based rules and workflow processes for post trade investment compliance systems

What you’ll bring

• In-depth knowledge of regulatory requirements including the U.S. Investment Company Act of 1940, Internal Revenue Code, UCITS, and 2a-7
• Experience required with rule coding into post-trade investment compliance systems, defining logic-based rules and workflow processes
• Ability to understand and decipher Prospectus, Statement of Additional Information (SAI), Investment Policies, Practices and Procedures, and other client restrictions
• Knowledge of all types of investments, including domestic and international securities, equities, fixed income, derivatives, mutual funds, index securities, and complex securities
• Good knowledge of U.S. Investment Companies Act of 1940 or UCITS
• Excellent communication, organization, interpersonal planning, and analytical skills
• Deadline and detail oriented
• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills

Nice to have

• Preferred experience with and understanding of one or many regulatory body requirements not limited to SEC, IRS, CFTC, UCITS, and CESR
• Advanced Excel skills is a plus (formulas, pivot tables)
• A background in compliance / regulatory monitoring or financial technology preferred
• Project management skills (organized, self-motivated and deadline oriented)
• Ability to build and maintain positive relationships with all levels of management internally within the organization
• Exposure to Charles River Development (CRD)

Skills

Benefits

• Competitive and comprehensive benefits packages
• 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 and vibrant employee networks