State Street
CRD Compliance Analyst, hybrid, Senior Associate
This job is now closed
Job Description
- Req#: R-738930
Perform the following service-related functions for Compliance Services clients:
Initial service setup/implementation, including business requirements such as regulatory/legal requirements, business processes/workflows, exception management, reporting, and rules of engagement.
Compliance software rule writing/testing, report writing, exception management.
Compliance software configuration changes.
Compliance software upgrade testing.
Problem troubleshooting, support, and resolution.
Advising clients on “Best Practices” and optimal use of Compliance software
Perform research and analysis of local and global regulations within the funds industry (e.g. UCITS, AFIMD, 1940 act) as well as technical requests from our clients
Produce new LawCards or update existing LawCards (Rule writing, Testing, Documentation in the LawCard Portal and within client environments)
Support implementation of new asset classes, attributes, compliance rules etc.
Support, Bug fixing, Customer Hotline Concepts (Liquidity Risk Monitoring, Net Short Position, CDS and or any new topic related to monitoring of investments by fund managers)
Assist Professional Service Team and Lead or support of various projects
Maintain current knowledge of regulatory issues in the global market
Troubleshoot and provide Compliance issue resolution
in-depth knowledge about financial instruments and markets including understanding of regulations like UCITS, AIFMD, 1940 Act and similar
At least 3 years of experience in roles related to finance or investment compliance, regulatory reporting, including investment compliance implementation process; exposure to regulatory concerns would be a plus
Good understanding of different financial instruments and mechanisms driving fund industry
Analytical mind, allowing candidate to understand existing and new regulations (i.e. UCITS) and translate it into system language
Experience with investment management Compliance software including functionality, workflows, configuration, rule writing and testing, reporting, exception investigation, and issue resolution
CFA Certification, FRM Financial Risk Manager or CRM Certified Risk Manager certification would be a strong asset
Excellent computer skills including knowledge of Excel spreadsheets and database applications
Knowledge of SQL is a plus
Ability to work independently and take responsibility for assigned tasks
Fluency in English required, German or French knowledge is a plus
Excellent communication skills; ability to adjust communication style to targeted audience
Accuracy and ability to work with deadlines
Ability to prioritize, pay attention to details and understand customer requirements
Ability to establish and maintain professional contacts and relationships within the company
Eagerness and ability to discover / learn new applications
Flexibility, accuracy, time management
Understanding need of change
Attitude that supports and rewards innovations
Permanent contract of employment from day one
Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
Gold medical package for employees and their families (partner and children)
Premium life insurance package and private pension plan
Employee savings plan
Multisport Card
Wide range of soft skills training, technical workshops, language classes and development programs
Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
Variety of well-being programs
Technical or leadership career pathway
Your new team
The position is available within State Street's department entirely dedicated to supporting Charles River Development (CRD). The company functions as part of State Street group and provides end-to-end solutions to automate front and middle office investment management functions across asset classes on a single platform. Delivered as a hosted service, the solution improves data quality and investment professional productivity, controls risk and lowers technology costs. Charles River serves more than 350 investment firms in over 40 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.
In 2016, CRD established a Compliance Services CS in the EMEA region in response to demand from clients. The aim of establishing Compliance Services in this region was to be consistent with the continuing investment to ensure that CRD is recognized as the leading provider of solutions in compliance and regulation for buy-side asset managers, pension funds, insurers and wealth managers. With the CS team firmly established in EMEA, the Service has become global in nature, providing a service to our clients around-the-clock.
Who we are looking for
Business Analyst in the area of Investment Compliance regulation, implementations and product design under Charles River Development Operations.
Your new roleThe focus of the role is primarily to provide hands-on delivery of Compliance services to our buy-side clients. It will also play a key role in the development and launch of the service in EMEA region. The role requires strong analytical skills and strict attention to detail. Also, as a Compliance Analyst you will be responsible for the monitoring of existing and new regulations applicable for Investment Compliance area in order to develop, maintain and deliver to clients a complete set of LawCards (LawCard, being a set of regulatory rules written in CRIMS for a given country)
As a Compliance Analyst you will:
What we value
Desired experience and qualifications:Skills and competencies needed to succeed in the role
We offer
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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 Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
About the company
State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide.