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 an 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 Advisory Service (CAS) in the EMEA region in response to demand from clients. The aim of establishing CAS in this region was to be consistent with the continuing investment to ensure that CRD is recognised as the leading provider of solutions in compliance and regulation for buy-side asset managers, pension funds, insurers and wealth managers. With the CAS 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

An individual with direct experience working within financial services, legal, securities trading and/or investment management compliance who has sound understanding of Investment Compliance related regulations and applications.

Your new role

The focus of this 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 of the service in EMEA region. The role requires strong analytical skills and strict attention to detail. 

As a Compliance Manager you will:

• Assist in the development and enhancement of Charles River Compliance Rule Advisory Service (“CRAS”)

• Assist in developing and evolving standardized, efficient processes in support of Compliance Rule Advisory Services delivery.

• Assist Senior Compliance Manager in managing the CRAS team.

• 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

• Maintain current knowledge of regulatory issues in the global market

• Maintain understanding of current and upcoming rules by analysis or regulatory Consultation papers, Guidance and establishing and maintaining contact with regulatory bodies

• Keep abreast of regional and global industry trends and regulatory issues

• Work closely with colleagues in Charles River regions globally to design and deliver regionally relevant services.

• Provide exemplary customer service

• Troubleshoot and provide Compliance issue resolution

• Assist clients in optimal use of the system

• Assist with the creation and documentation of internal policies and procedures

What we value

Experience & Qualifications:

• Compliance related experience with mutual funds, institutional accounts, insurance, hedge funds, private equity, or wealth management.

• Experience interpreting and implementing regulations such as UCITS, Solvency II or other regulatory framework within a software platform is essential.

• Ability to understand and decipher Prospectus, Statement of Additional Information, Investment Policies and Client Guidelines.

• Good understanding of different financial instruments and mechanisms driving fund industry

• Strong knowledge of Investment Compliance related regulations e.g. UCITS, MMF, The Investment Company Act of 1940, and National Instrument 81-102. (UCITS as a minimum)

• People management experience or previous experience mentoring or developing people

• Experience with monitoring shareholder disclosure/ foreign beneficial ownership is a plus

• Bachelor’s degree in Business Admin, Finance or a Technical Discipline required

• CFA Certification, FRM Financial Risk Manager or CRM Certified Risk Manager certification would be an important asset

• Experience with any of the following software is highly desired: Charles River IMS, MIG21, other Trade Order Management and Middle or Back Office trading applications

• Knowledge of SQL is a plus

Competencies and skills:

• Ability to perform as a team member in a fast-paced, high-growth, mission critical service delivery environment

• General knowledge of database systems and how an automated compliance environment functions

• Strong proficiency using windows-based applications, including MS Office applications such as Word, Excel, PowerPoint, Access, and MS Project

• Strong analytical skills and strict attention to detail.

• Excellent interpersonal, verbal, and written communication skills

• Fluency in English essential.

• Fluency in French or German advantageous but not essential.

• Strong organizational skills

• Creative and effective problem solving skills

• Excellent time-management skills

What we offer

• Employee savings plan

• Premium life insurance package

• VIP medical package

• Multisport Plus card

• Additional holiday entitlement

• Language classes

• Soft skills trainings and technical workshops

• Development sessions with a mentor

• Diversity of opportunities across a range of challenging and highly complex activities

• Technical or leadership career pathway

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.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective 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 the 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 program 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.