Senior Investment Operations and Compliance Analyst

at  B K Consulting

Our client is one of Australia’s most trusted Investment Management firms that provides investment related services to Australian and New Zealand investors. They offer the expertise of their affiliates and internal capabilities to create tailored portfolio solutions for local institutional, wholesale and retail investors in traditional and ethical investment areas.
The vision of the business is to be the premier platform for ethical and impact portfolios and solutions. They partner with world class managers combined with their inhouse capabilities to provide innovative solutions to institutional and wholesale investors.
This role has come about due to positive growth and to make the compliance function more robust and also provide operations support.

SKILLS AND EXPERIENCE REQUIRED

• Ideally you have 3-5 years’ experience in a similar role within Funds Management with operation, Investment compliance and mandate monitoring background
• Excellent communication skills and confidence in dealing with clients, internal and external stakeholders
• Strong problem-solving skills and a can-do attitude
• Strong attention to detail and accuracy
• Prior experience with EZE investment suite
• Possesses a strong ability to identify process efficiencies
• Advanced degrees or certifications, such as CPA
• Capable of meeting demanding periodic reporting deadlines.
• Proven ability to prioritise and manage concurrent tasks
• Ability to work independently under pressure in a dynamic & fast paced environment
• Keen team player

ESSENTIAL QUALIFICATIONS:

• Tertiary qualifications (ideally in Commerce / Legal / Accounting)
  This is a role which can lead to further opportunities within the business. Many of their senior staff have progressed up after starting in a more junior role. It’s an “in office” culture as they feel that this closeness and awareness of what’s happening in the business, is what gives the business a competitive edge.
  If you are interested and fit the criteria, then please apply.

COMPLIANCE RESPONSIBILITIES:

• Review product disclosure statements (PDSs), investment memorandums (IMs), and related marketing materials to ensure compliance with regulatory requirements and internal guidelines such as greenwashing.
• Conduct pre-trade and post-trade compliance checks and ensure execution aligns with portfolio manager’s instructions and investment mandates.
• Implement and maintain investment compliance rules in the compliance system in accordance with Investment Management Agreements (IMAs) and investment strategies.
• Develop, review, and update policies and procedures, ensuring the compliance manual remains current and comprehensive.
• Maintain breach registers and support the operation in implementing preventive actions to mitigate compliance risks.
• Participate in the quarterly compliance committee meetings.
• Write and maintain procedures for all compliance tasks.
• Maintain compliance registers for both the corporate entity and the funds.
• Complete all monthly, quarterly, biannual, and annual compliance questionnaires.
• Conduct monthly compliance training for the team.

OPERATIONS RESPONSIBILITIES

• Daily monitoring of cash and stock reconciliations, investigation of reconciliation breaks
• Daily maintaining investment data in the Order Management System and Portfolio Management System.
• Daily custody monitoring oversight such as overdrafts and failed trades
• Cash management process including projection of expected cash flows and arrangement of cash management instructions
• Approval of daily trade files and transmission to trading counterparties, custodians and fund administrators
• Maintenance of operation procedures manual
• Assisting COO in enhancing operational efficiency and strengthening control measures.
• Produce monthly and quarterly and other regular reports in a timely manner
• Assisting in regulatory and audit reporting such as GS007, AIST ODD and fund audit.