ROLES & RESPONSIBILITIES

The primary responsibility of the Compliance Reporting Associate is the timely and accurate delivery of the daily mandate reports which includes the coding of client mandates into rules, review and investigation of the resulting potential violations and escalation of the same to Client within the agreed delivery date.

The Associate will also:-

• Ensure adherence of operational procedures to complete task in an accurate and timely manner.

• Support the Manager/s in the objective to provide top quality operations in support of this global business.

• Document procedures and identify requirements for additional controls.

• Provide training to new hires.

• Prepare file in accordance with internal control checklist for items applicable to that particular portfolio.

• Investigate, resolve and substantiate key differences in reconciliations between client vs fund manager

• Review rules setup and acts as a control point toward achieving that the rule is working as per client requirement. 

• Able to interpret client mandate and changes, if any, and accordingly provide functional input to code the rules or make necessary changes to any existing rules.

• Act as a change agent and provide technical expertise to key projects/initiatives in the compliance reporting function.

• Act as a key linkage point with the OSD teams & other stakeholders. Is able to provide an e2e view of the rule coded, whether it is working properly and resultant breaches if any.

• Provide innovative solutions to client requirements (including coding the Compliance Reporting application) in sync with optimization of the rule library in place.

• Is able to appreciate specific client nuances successfully and provide an appropriate & optimal solution to meet objectives.

• Maintain existing fund "rules" within the system and tailoring available solutions to the changing needs of the client in a timely manner.

• Investigate investment guideline breaches with the investment manager to assist the client in the breach resolution process.

• Keep up to date with industry practice, product development and evolving regulations.

• Provide overall supervision / leadership to the staff during his/ her shift operating window. 

• Monitor and report shift and site/ shift performance.

• Review staffing and volume trends to ensure the optimal capacity plan is in place.

• Foster information sharing so that continuity of data exists within the site and across the business.

• Develop an environment of continuous focus on quantifiable productivity and quality.

• Constant and regular review of processes and performance with focus on improving departmental competency / performance rating.

• Regular reviews of procedures assuring new processes are documented.

• Identify business knowledge gaps and ensure everyone has ownership of deliverables.

• Constant and regular review for direct reports.  Set expectations with direct reports, regarding positive motivation and leading through accountability. 

• Develop and lead a team that is responsive to dynamic organizational and operational changes.

• Foster and champion “How We Do Business” Culture where people are empowered to make decisions that affect their work/environment.

•  Ensure documentation is completed and signed off as per requirements

SKILLS & QUALIFICATIONS

• Graduate/Post Graduate with minimum of 10 years work experience in Banking/Finance or related industries

• Knowledge of financial instruments and their accounting treatment is a plus

A broad knowledge of the financial products is required as the incumbent is responsible in ensuring that all potential violations are flagged to the client within the agreed SLA.

• Coding or report writing experience, ideally with logic-based database systems

• Compliance reporting product knowledge

• Demonstrated supervisory and leadership skills.

• Meticulous attention to detail

• Ability to work in a deadline driven environment

• Strong analytical skills

• Proficiency with computers  

• Exhibits a 'can do' attitude

• Good written & spoken English communication skills