Global Compliance Associate

Compliance Consultant

Position Overview: Asset Manager looking to hire within their Compliance Department which will play a huge part in overseeing employee personal trading activities and ensuring compliance with regulatory requirements. This position involves managing the day-to-day operations of the personal trading system, conducting data validation, addressing policy violations, and assisting with compliance testing across various areas.

Key Responsibilities:

1. Personal Trading Activities:

• Set up users in the personal trading system (FIS Protegent PTA) and update user data as needed.
• Pre-clear employee personal trades to ensure adherence to firm policies.
• Establish electronic data feeds with relevant broker-dealers for efficient data management.
• Conduct daily data validation to identify and rectify discrepancies.
• Address violations and potential violations of the firm’s Personal Trading Policy promptly.
• Manage the quarterly certification process for employee personal trading activities.
• Respond to ad hoc inquiries regarding employee personal trading.
• Assist in user acceptance testing during the implementation of personal trading system upgrades.

1. Compliance Testing:

• Collaborate with the compliance team to test policies and procedures in line with regulatory standards.
• Conduct testing related to Investment Company Act Rule 38a-1 and Investment Advisers Act Rule 206(4)-7.
• Specifically, test compliance in areas such as:
• Advertising and Marketing Materials
• Business Continuity Planning
• Electronic Communications
• Derivatives Trading
• Trading Practices
• Valuation of client holdings and fee assessment

Qualifications:

• Bachelor's degree in Finance, Accounting, Business, or a related field.
• Strong understanding of regulatory requirements such as the Investment Company Act and Investment Advisers Act.
• Experience with personal trading systems, preferably FIS Protegent PTA.
• Knowledge of compliance testing methodologies and procedures.
• Excellent communication and interpersonal skills.
• Detail-oriented with the ability to prioritize tasks effectively.

Additional Information: This is a contractor position offering an opportunity to work in a dynamic and regulatory-driven environment. The role requires meticulous attention to detail, proactive problem-solving skills, and a commitment to upholding the firm's compliance standards.