Compliance and Risk Analyst

at  Dimensional Fund Advisors

Notes to applicants:

• Most roles at Dimensional will be part of our best-of-both hybrid working model which includes working 3 days in the office. This maximizes in person collaboration and interaction while simultaneously providing flexibility. This broad universal approach applies to most roles globally with a few exceptions that require more or less time in the office. Please discuss with your Recruiter to confirm the details for this specific role.
• Resumes and portfolios (when applicable) are required as part of your application. When applying from a mobile device or tablet, you may not be able to attach a resume. If you cannot include an attachment at the time of your application, you will receive a follow up email asking you to attach your resume from a computer.
• Here at Dimensional, we strive to be an inclusive workplace for all. Even if you do not match every qualification listed, if you are interested in who we are, what we do, and why we do it, we suggest and encourage you to apply.
• If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, such accommodation is available upon request.

Job Description:
The Compliance Team
Dimensional’s Compliance and Risk Management Department is charged with the development and oversight of the firm’s compliance internal controls, policies, and procedures, and risk management framework. Our global structure follows the sun, with compliance personnel established at each office to ensure compliance coverage around the clock. We have a consultative approach that embeds compliance and risk management staff within the groups they support wherever practical, encouraging communication among teams and improving efficiency with real-time guidance. Compliance teams coordinate the establishment and monitoring of processes and controls for compliance with applicable laws, rules, and regulatory standards; internal and client-directed guidelines; and contractual agreements. Team members with Risk in their title work with the business to integrate risk management practices across each department and at an enterprise level.
The Opportunity

The Compliance and Risk Analyst will primarily provide generalist compliance and risk support in the trading markets, internal controls and monitoring, and corporate compliance areas of the business. The role will also provide support within the Compliance and Risk team including maintenance and oversight of monthly monitoring tasks, preparation of compliance materials and supporting the new hire induction process. This role will offer broad exposure to a wide range of compliance and risk functions in a collaborative and supportive team where opportunities exist for members to contribute both to the firm’s success and to their own.

• Serve as a compliance and risk resource and point of contact for business partners (Portfolio Management, Trading, Product Management, Client Relations and Marketing).
• Extract investment guidelines from offer documents, investment management agreements, and other contractual portfolio constituent documents.
• Assist with the administration and maintenance of the Charles River Investment Management System (CRIMS), including daily mandate monitoring, rule creation, testing, new account set-up, and production enhancements.
• Assist with investigation and analysis for all trading and financial markets related incidents.
• Participate in the design, refinement, and execution of monitoring systems, internal controls and corporate compliance procedures, and any associated audits and/or risk assessments of said controls and/or systems.
• Assist to convey often complex regulatory and investment concepts to internal and external stakeholders.
• Assist the global compliance team with surveillance and forensic testing of the front office compliance program, as well as the review and maintenance of compliance policies and procedures.
• Assist the global risk management team with maintaining appropriate risk management systems.
• Assist the local Compliance and Risk team with the maintenance and oversight of the Code of Ethics, internal register reviews and monitoring programs, as well as assisting with the drafting of compliance papers and working group materials.
• Develop a commercial understanding of Chapter 5C (Managed Invest Schemes) and Chapter 7 (Financial Services and Markets) of the Corporations Act and associated ASIC Regulatory Guides as well as internal policies so as to assist the business in providing relevant compliance and regulatory advice.

Requirements / Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or similar
• 1-3+ years’ experience with an investment manager, audit or financial risk/compliance consulting business.
• Working knowledge of equity products; fixed income and derivatives knowledge a plus.
• Well-developed computer skills: intermediate to expert use of MS office is essential. Familiarity with CRIMS or similar portfolio mandate monitoring system is highly desired; as is experience with Sharepoint and MS Power BI.
• Experience with object-oriented data base platforms and process automation a major plus (SQL, VBA, etc).
• Self-motivated individual who has high standards for accuracy and attention to detail who is capable of rapidly learning key elements of the business, working on multiple projects and meeting deadlines.
• Must work well independently, with local business partners, and as part of a global team.
• Excellent written and verbal communication skills and comfortable presenting to internal and external stakeholders.
• Strong work ethic and ability to demonstrate initiative and personal integrity and act as a fiduciary for the business.
• Ability to balance commercial considerations with reputational and legal/regulatory risk.
• Knowledge of ISO 31000 – Compliance Programs; and ISO 31000 – Risk Management.

Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.
It is the policy of the Company to provide equal opportunity for all employees and applicants. The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates

• Serve as a compliance and risk resource and point of contact for business partners (Portfolio Management, Trading, Product Management, Client Relations and Marketing).
• Extract investment guidelines from offer documents, investment management agreements, and other contractual portfolio constituent documents.
• Assist with the administration and maintenance of the Charles River Investment Management System (CRIMS), including daily mandate monitoring, rule creation, testing, new account set-up, and production enhancements.
• Assist with investigation and analysis for all trading and financial markets related incidents.
• Participate in the design, refinement, and execution of monitoring systems, internal controls and corporate compliance procedures, and any associated audits and/or risk assessments of said controls and/or systems.
• Assist to convey often complex regulatory and investment concepts to internal and external stakeholders.
• Assist the global compliance team with surveillance and forensic testing of the front office compliance program, as well as the review and maintenance of compliance policies and procedures.
• Assist the global risk management team with maintaining appropriate risk management systems.
• Assist the local Compliance and Risk team with the maintenance and oversight of the Code of Ethics, internal register reviews and monitoring programs, as well as assisting with the drafting of compliance papers and working group materials.
• Develop a commercial understanding of Chapter 5C (Managed Invest Schemes) and Chapter 7 (Financial Services and Markets) of the Corporations Act and associated ASIC Regulatory Guides as well as internal policies so as to assist the business in providing relevant compliance and regulatory advice