AddressRole Summary:
As a part of Fund Compliance team the responsibilities are the administration and oversight of the USD Fund Administration Fund Compliance testing program for the U.S. based funds in accordance with SEC, IRS, ERISA, CFTC and Washington State Banking regulatory requirements.
The Fund Compliance Analyst will also be responsible for the timely reporting of compliance results to the applicable CCO's office and the timely filing of Form 13F, TIC-S, Form PF, Form CPO-PQR and other regulatory reporting with the applicable authorities. In addition, the Fund Compliance Analyst will have oversight of the team's policies and procedures to ensure they reflect current operations.
Key requirements:
- 5 to 10 years of work-ex, preferably in the area of Mutual Fund Compliance
- Bachelor's degree required; CA, CPA, CMA, CFA a plus
- Strong knowledge of The Investment Company Act of 1940, Internal Revenue Code, CFTC Rules, ERISA and Washington State Banking laws that are applicable to the regulatory compliance testing effort
Responsibilities:
- Ensure the Quarterly and Monthly reporting to the Board and CCO is accurate and complete. Research and advise on the implementation of new industry regulations and best practices, as well as any testing associated with new and existing regulations.
- Integrate knowledge of regulatory compliance with technology platforms employed to ensure that the Funds are operating in compliance with applicable laws and regulations, and that processing remains accurate and data integrity is maintained.
- Demonstrate an understanding of various complex derivative instruments, including complex swap instruments, futures, and option
Examples include - Conducts technical and business analysis necessary to successfully ensure the law's requirements are tested in accordance with guidelines. Ensures that daily, monthly, and quarterly testing processes function accurately.
- Responsible for monitoring compliance with prospectus and offering documents and stay current with Fund and regulatory developments relating to the team's tasks and processes.
- Additional responsibilities include: amortized cost monitoring, Form 13F filing to SEC, TIC-S reporting to U.S. Treasury, oversight of CFTC exemption testing, N-CEN, SAI and other annual and semi-annual reporting.
- Demonstrate an ability to analyze complex issues, research solutions, prioritize workload and bring regulatory testing issues to resolution.
Candidate Requirements:
- Strong analytical and problem-solving skills, ability to multi-task
- Financial industry stakeholder knowledge - a general understanding of the back-office processes employed by: custodians, money managers, advisors, correspondent broker/dealers and program sponsors.
- Assertive, self-motivated, self-directed
- Communication skills include an ability to listen carefully, ask questions, and lead discussions
- Ability to use solid judgment on oversight and quality review of projects and tasks
- Ability to work independently, prioritize tasks and strong desire to achieve results
- Ability to work well in a team environment
- Technology skills required include ability to work with PC applications (spreadsheets, databases) and general understanding of information technology and capabilities in the area of software, hardware, LAN administration and operating systems.
