Fund Investment Compliance

Who we are looking for
- Reporting to the Fund Investment Compliance Officer (“FCO”), the Fund Investment Compliance Senior Analyst (“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.

Country: Luxembourg

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As FCSA you 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:

- Be a champion in UCITS IV, Luxembourg Fund Industry and regulations, directives etc. pertaining to investment compliance monitoring.
- 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.

Additional requirements
- Minimum 4 years’ experience working in fund compliance
- Use and rule coding based on the automated Fund Compliance tool MIG21©
- Language: English (German and French would be a definite advantage)
- Experience working in Charles River

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 people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Pro