Job Description

KEY ACCOUNTABILITIES

Investment Compliance - assist business owners to pre-empt, advise, identify, and monitor investment Compliance limits and restrictions (imposed by regulations and/or clients) Reporting - provide timely analysis, reports/reporting and escalation of exceptions on investment limits and restrictions and deal with audit/quality assurance/inspection queries/issues relating to Investment Compliance function and regulatory compliance matters. On-going monitoring and review of both new and changes to regulations / client mandates relating to investment compliance for Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, China, Korea and Japan.
Duties and Responsibilities:





Investment Guidelines Compliance


Conduct daily pre-trade Investment Compliance monitoring through independent investigations, analysis and resolve compliance violations triggered during order creation and order execution within a turnaround time of 5-15 minutes maximum. Conduct daily post-trade Investment Compliance monitoring through independent investigations, analysis and resolve compliance violations triggered at post-trade. Where compliance violations are deemed as breach of investment guidelines, to ensure proper notification and follow up till rectification to portfolio manager, including to the client where required Ensure proper and complete recording of breaches in the breach register Perform daily review of pre-trade audit file by generating the pre-trade violations records from system, review pre-trade violation comments from the output file Pre-emptive compliance via providing investment compliance related advices to portfolio managers even before they place orders Collaboration with Trustees and Custodians to ensure fund compliance by reviewing the breaches reported by them and reconciling against system's record and response to their inquiries Advise fund managers and internal customers on the interpretation of the relevant investment guidelines and restriction Improve and enhance the effectiveness and efficiency of investment guidelines monitoring processes through process optimisation, technology, and automation Perform reviews of manual control rule monitoring of off-system checks for those task/guidelines that cannot be tracked accurately in system via coded rule Derivatives exposure calculation by performing additional manual netting and offsets against underlying assets according to the regulatory requirements; and reporting the figures to the portfolio managers Ensure that any investment breach (both passive and active) is properly followed up and reported on including to the client, where required Provide timely compliance reports and certification to clients and internal stakeholders on monthly, quarterly and/or annual basis by preparing the list of breaches detected during the period, generating compliance reports from system, review and remove rules not related to fund guidelines or regulatory guidelines from the report Perform daily and monthly manual tasks on Securities Lending Program on SICAVs using securities lending data from lending agent and checking for adherence to various parameters such as lending limits against SICAV fund's NAV, issuer exposure on collaterals received, aggregate counterparty exposure on collaterals from securities lending and portfolio positions from system, approved borrowers check and aggregate ownership limits from collaterals and portfolio positions Coordinate and work with the Head Office team in terms of alignment and improvements in processes Completeness review of rules coded in Aladdin by matching the coded rules against the fund and or regulatory guidelines to ensure all guidelines are properly coded and documented in Aladdin Rolling out FM attestation of rules coded for their funds. Conduct rule coding accuracy analysis
Delegation Oversight


Review the regular attestation received from delegates and escalate any guideline compliance issues to management Participate in on-going due diligence on delegations related matters
Coding & Innovation


Regulations and Guideline interpretation, translation, testing and sign-off Lists maintenances by reviewing and updating of various lists in the system on daily and ad-hoc basis, reconciling records against client's lists to ensure completeness Pre & Post trade monitoring process & policy documentation
General Assignments


Perform other guideline compliance tasks which may be assigned from time-to-time by supervisors to discharge the team's Investment Compliance functions, such as assist in new instrument approval process and regulatory inspection / queries management




EXPERIENCE / QUALIFICATIONS


Graduate or post-graduate degree in Business/Accountancy/Finance Minimum 5 years working experience in investment compliance related functions Proficient in BlackRock Aladdin full suites of Compliance modules, workbench and violations dashboard Ability to independently interpret regulations/client mandates accurately Strong knowledge on Aladdin BQL and Investment Compliance logics Expertise and deep knowledge in MAS CCIS, CPFIG, UCITS and/or the respective local regulations of Malaysia, Thailand, Taiwan, Vietnam, Indonesia, Hong Kong, China, Korea and Japan. * Strong understanding of Investment management workflows and processes