Portfolio Compliance Associate Director

4 weeks ago


Chicago, Illinois, United States Barings Full time
Job Summary

This role is responsible for assisting in the development and maintenance of a comprehensive investment guideline monitoring program for client accounts and products. The position involves assessing guideline monitoring risks and identifying breaches to prescribed policies, utilizing policies, procedures, and manual and automated systems to mitigate these risks and comply with client investment restrictions, product mandates, and regulatory thresholds.

Key Responsibilities
  • Monitor investment guidelines for products, including corporate fixed income, public equity, bank loans, private placements, mezzanine debt, real estate, and structured products.
  • Construct and maintain pre- and post-trade controls to avoid or identify breaches to client and regulatory guidelines.
  • Assist with ad-hoc investment guideline coding amendments.
  • Provide guidance to business units and compliance staff on relevant investment compliance issues, resolving and/or recommending solutions to management.
  • Remain current with regulatory matters related to the industry and investment compliance, advising management of significant developments.
  • Assist with regulatory examinations and internal audits as necessary.
  • Participate in department or corporate projects as requested.
Requirements
  • Graduate with a minimum of 3-5 years' asset management experience.
  • Minimum 3 years' guideline management experience.
  • Proficiency in monitoring trading and coding in BlackRock's Aladdin or other Portfolio Compliance systems.
  • Understanding of US regulations, particularly the 1940 Act, ERISA, and US State Sector rules.
  • Experience working with regulatory agencies (e.g., SEC, FINRA, FCA) and/or a corporate audit environment is a plus.
  • Effective team player with strong interpersonal skills, organizational and analytical skills, and attention to detail.
  • Strong ability to comprehend highly technical regulatory requirements.
  • Strong Excel experience is a plus.
  • Good working knowledge of order generation and dealing process/risk control.
  • Reading Prospectuses and segregated mandates to identify relevant guidelines and applicable regulations, and implementing automated controls and supplemental manual checks for non-programmable guidelines.
  • Understanding of EU regulations, particularly UCITS and AIFMD.
  • Understanding of indices and derivative instruments, and knowledge of how these can be used in portfolios.
  • Ability to handle high volumes of work under tight deadlines while maintaining accuracy and minimizing risk.
  • Good communicator with previous daily engagement with investment teams.
Benefits

Barings offers a comprehensive benefits package, including medical, dental, and vision coverage, fitness center reimbursement, employee assistance program, fertility benefits, highly competitive 401(k) plan, health savings account, flexible spending accounts, retirement health reimbursement account, basic and supplemental life insurance, spouse and child life insurance, paid vacation, sick days, annual holidays, paid leave of absences, short and long-term disability plans, paid volunteer time, education assistance program, charitable matching gifts program, commuter reimbursement program, adoption and surrogacy reimbursement program.



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