Guidelines Surveillance and Monitoring-Asset Management

  • 130K+
  • New York, NY, USA
  • Permanent, Full time
  • The Compliance Search Group, LLC
  • 30 Sep 16

Our client is a well respected asset management firm with a great track record of success. The company seeks a Senior Compliance Associate.

Key Responsibilities:

Client Documentation Reviews and Guideline Coding

  • Participate actively in account onboarding, including negotiation of guidelines with client
  • Review Fund and Account contracts documents including investment management agreements, investment policy statements, mutual fund prospectus and SAI documents to analyze and interpret necessary restrictions.
  • Set-up guideline coding restrictions for new Funds and Accounts independently or requiring little oversight.
  • Perform secondary review of existing guideline coding for accuracy and modify guidelines coding accordingly.
  • Test potential guideline rules and proposed enhancements to the proprietary compliance restriction system to ensure accuracy before implementation.
  • Assist Client Service and Client Accounting departments by helping resolve and communicate to clients regarding any compliance-related issues.
  • Liaise with Portfolio Managers to help resolve portfolio exceptions and questions related to trading activity.
  • Perform daily compliance exceptions monitoring by analyzing and validating exceptions.
  • Report actual violations accurately and timely and follow through to resolution.
  • Prepare customized monthly, quarterly client and mutual fund compliance reports.

Compliance Monitoring and Reporting

Perform a variety of forensic testing to ensure compliance with regulations and company policies and procedures. This includes forensic testing on:

  • Insider Trading
  • Due diligence on Expert Network meetings
  • Aggregation and Allocation processes
  • Soft dollars
  • Conflicts of Interest
  • Quantitative models


  • Bachelor’s Degree
  • Minimum of 5 years’ experience working at an investment management firm in any combination of Compliance, Portfolio Administration, or Operations.
  • At least 2 years’ experience coding institutional client guidelines in a sophisticated restriction system such as Charles River or Latent Zero Sentinel.
  • Strong ability to develop effective working relationships with investment staff and make articulate recommendations to department managers regarding potential solutions to issues.
  • Energized by a fast-paced environment that is research oriented and places emphasis on the importance of personal accountability, while fostering a stimulating and team based approach.

Additional Skills:

  • Excellent conceptual ability to quickly learn and apply new concepts to different situations.
  • Drive projects to completion with minimal supervision.
  • Established ability to multi-task, prioritize and organize time effectively in a fast-paced and constantly changing environment.
  • Superb computer skills including expertise with Bloomberg, Longview Trading, Microsoft Office Suite, SQL Query Analyzer or other experience with industry trading and accounting systems.
  • Keen customer service mentality.
  • Ability to independently research details in order to perform a thorough analysis.
  • Strong work ethic and demonstrated ability to achieve results aptitude for remaining composed and confident under pressure.
  • Outstanding judgment and logic under pressure or in time sensitive situations.
  • Ability to perceive risks and make decisions quickly, often with incomplete information.
  • Effective written and oral communication skills with strong attention to detail.
  • Passion for and understanding of markets and investing.