Portfolio Compliance Monitoring Analyst (12 months contract) Portfolio Compliance Monitoring Analyst (12 months  …

Fidelity International
in Hong Kong
Temporary, Full time
Last application, 16 Oct 20
Negotiable
Fidelity International
in Hong Kong
Temporary, Full time
Last application, 16 Oct 20
Negotiable
Fidelity International
You will be responsible for the day to day portfolio compliance monitoring of various retail funds and segregated mandates managed by FIL globally, and liaising with Portfolio Managers and other relevant teams and internal/external stakeholders on any identified breaches.

Department Description

The Portfolio Monitoring team is a global function based in Hong Kong and is part of FIL's Global Compliance Monitoring department. The team is primarily responsible for performing End of Day ("EOD") portfolio compliance monitoring for all retail and institutional products globally managed by FIL as well as coding portfolio restrictions and investment guidelines in compliance monitoring system. The Portfolio Monitoring team also provides compliance guidance and support to FIL's investment professionals, including Portfolio Managers across all asset classes, Portfolio Support Groups, Investment Risk and Portfolio Analytics teams. In relation to its portfolio compliance monitoring responsibilities, the team also engages with FIL's institutional services and product management teams and other support functions, including local compliance officers, legal and investment services globally.

Purpose of your role

This role is within the Portfolio Monitoring team and reports to the Manager within the team. You will be responsible for the day to day portfolio compliance monitoring of various retail funds and segregated mandates managed by FIL globally, and liaising with Portfolio Managers and other relevant teams and internal/external stakeholders on any identified breaches. You will also be required to be closely involved in the take on process for new mandates and amendments of existing mandate restrictions by communicating with various teams on the suitability of the restrictions and setting up the investment restrictions in the compliance system.

In addition, you will also be responsible for conducting other compliance monitoring including aggregate ownership monitoring, rules advice, and other investment compliance related matters and queries from investment professionals.

Key Responsibilities

  • To review, analyse and comment on investment guidelines for FIL's retail and institutional products
  • Evaluate investment restrictions for compliance testing
  • Take ownership of the account take-on process, ensuring that compliance monitoring systems are updated accurately and timely
  • Liaison with Investment Management Advisory colleagues globally to ensure that investment restrictions coded on the compliance system are correctly interpreted; this may require discussions with Client Services, Relationship Directors, Legal and Product teams
  • Identify, track, resolve and report compliance breaches in-line with internal policy and regulatory requirements
  • Assist in other compliance related portfolio monitoring, including aggregate ownership limits
  • Develop effective working relationships with other functional areas for timely receipt of information required for the completion of tasks
  • Provide a high quality timely service to customers
  • Assist in a range of FIL-wide projects or tasks

Working Relationships / Contacts

  • Investment Management Advisory departments in London, Hong Kong, and Japan,
  • Portfolio Managers, Portfolio Services Group
  • Relationship Directors and Client Service Managers
  • Compliance Systems Support
  • Product Development teams
  • Legal
  • Investment Administration
  • Data Management Services
  • Local Compliance Officers
  • Trading Desks

Your skills and experience

Essential skills

  • Experience in trade/portfolio compliance monitoring, ideally using Charles River systems
  • 3+ years experience in working in the investment management industry (preferably buy side) and of investment products
  • Good understanding of portfolio monitoring processes, including the interpretation of client investment management agreements
  • Good instrument knowledge of equities, fixed income and derivatives
  • Bachelor of Business or Commerce preferred
  • Business-level verbal and written English communication / presentation skills
  • Positive team player as well as the ability to work on their own initiative
  • Good analytical skills, problem-solving ability and attention to detail
  • Investigative and questioning nature
  • Strong self-motivation, organisation, prioritisation, time management, used to adapting to unforeseen changes
  • Excellent inter-personal skills
  • Good IT skills including Microsoft Office, particularly Word, Excel and Outlook; Bloomberg and basic Macro would be an advantage
  • Ability to learn quickly and make decisions that are reasonable and logical

Company Overview

Great minds, better together.

Fidelity International is an equal opportunities employer and is commited to a policy of treating all its employees and job applications equally.

Fidelity International logo
More Jobs Like This
See more jobs
Close
Loading...
Loading...