Fund Compliance Analyst, Senior Associate

Who we are looking for

Reporting to the Fund Investment Compliance Assistant Vice President, the Fund Investment Compliance Senior Associate (“FCSA”) supports the investment compliance monitoring functions entailed by the services contracted by our clients and/or the Branch’s depositary duties.

The FCSA assists in the process of reviewing investment guidelines in prospectuses or operating memorandum and as per UCITS or AIF directives/regulations, identifying changes to the current set up, maintaining the funds’ guidelines documentation, and preparing and releasing the related client reports.

The FCSA also assists in the set-up of new businesses consisting in the follow up of scheduled new deals and ensuring timely completion of the related tasks with due regard to the department’s internal procedures.

The FCSA also helps furthering the legal knowledge base of the team by keeping up with regulatory changes and identifying the needed updates to the regulatory restrictions or new ones to be implemented. A key responsibility of the FCSA is to ensure that a clear trail is documented at all stages of the update process.

Ancillary tasks of the FCSA is to support the operational teams during short staffing situations. These tasks include the review of the funds in our automated system MIG21 and the analysis of exceptions for subsequent client reporting if applicable. All of the above tasks are carried out with the outmost objective of delivering quality service to our clients and ensuring that all deadlines are met.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

As Fund Investment Compliance Senior Associate will be responsible for, amongst others:

- Operations Management - perform the whole day-to-day Fund Compliance process to ensure reports are completed with high accuracy (review of analysts work, take prompt action to correct problems, review breaches and impact calculation, prepares and reviews management reports etc.).
- Client Relationships - liaise with clients, attend calls and due diligences, respond promptly to client problems and requests while ensuring accuracy, timeliness and quality of client reports.
- Other Relationships - answering to Depositary’s, auditors’ and internal queries

What we value

These skills will help you succeed in this role:

- COMMUNICATION - Communicates effectively and efficiently with clients, colleagues, managers and other Departments.
- ORGANISATION - Shows good organizational skills in order to meet deadlines and to keep well-documented records.
- ABILITY TO RESOLVE COMPLEX PROBLEMS - Demonstrates the ability to analyze a problem and obtain and evaluate information to reach sound conclusions. Knows when to elevate a problem and keep management informed.
- RESPONSIVENESS - Provides timely and professional responses to all client related and internal enquiries.
- FLEXIBILITY - Shows a flexible approach to prioritize and execute tasks within an efficient time management.
- TEAM PLAYER - Functions at all times as a team player to build an atmosphere of co-operation within the group.

Education & Preferred Qualifications
- Degree in Finance, Business, Legal or equivalent.
- Minimum 4 years’ experience working in fund compliance
- Experience working with Fund Compliance tool MIG21©
- Experience working in Charles River is an advantage.
- Be a champion in UCITS IV, Luxembourg Fund Industry and regulations, directives etc. pertaining to investment compliance monitoring.
- Language: English (German and French would be a definite advantage)

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of p