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EY WAM-Investment Compliance Coding-Manager 
India, Karnataka, Bengaluru 
847509925

17.07.2024

Process Overview

Portfolio Compliance: Coding, Trade Surveillance, Alert Management.

AM Guidelines team supports portfolio managers by updating Investment management mandates on Compliance platforms and monitoring alerts for Institutional client guidelines. Coding involves setting up client & compliance regulations in systems to enable effective monitoring of guidelines. Monitoring requires managing the alerts, breaches generated pre/ post trade as a result of trades/ non-trading actions and communicating effectively with various stakeholders.

Description of Functions & Role

  • Annotation/Interpretation of Investment management Agreement/Prospectus/ SAI / Delegate Sleeve Agreements
  • Scheduling the Annotation meeting with Desk/IS/PDs to get their buy ins on Interpretation
  • Coding client and regulatory rules on compliance platforms along with rule Testing & Standardization
  • Counterparty and broker setups for trading & Counterparty maintenance.
  • Leveraging Machine learning tools for standard rule setups
  • Performing analytical review of Investment Guidelines provided by investors and institutions.
  • 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.
  • 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
  • Identifies and analyzes operations risks related to current and potential business and recommends procedural changes as needed


Key Competencies & Skills

  • 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



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