Senior Analyst, Investment Compliance
A career at T. Rowe Price says you want to contribute and make a difference at a leading global investment management firm where success results from the dedication our associates have in building success for our clients. We are a growing organization of associates from diverse backgrounds, experiences, and perspectives. We take a long-term view on associates and their careers. Our associates do phenomenal work with purpose, and as a result, we provide growth opportunities through in-person and online training, management development programs, and career development on the job. If you are seeking a meaningful work experience along with a workplace culture that thrives on teamwork, we invite you to explore the opportunity to join us. Principal Responsibilities TRADING/PORTFOLIO COMPLIANCE:
Responsible for pre-trade & post-trade monitoring activities of investment guidelines in support of the Asia offices including but not limited to:
RULE BUILDING & NEW ACCOUNT TAKE ON ("NATO"):
- Review compliance exceptions in a timely manner/within established deadline, providing subject matter expertise and communicating critical information to investment personnel (Professionals (Portfolio Managers, Analysts, Traders and Investment Trading Solutions)
- Report and escalate compliance breaches internally. Collaborate with investment personnel, Investment Operations, Global Client Operations, Legal or Risk to resolve compliance issue where appropriate.
- Develop a proficient understanding of the investment compliance systems, Charles River
- Provide consultative compliance support to the Equity and Fixed Income investment business and support functions in Asia Pacific region. Assist as a local contact point for investment personnel in HK, SG and Australia for questions related to investment compliance matters.
- Demonstrate initiative and independent thinking by regularly reviewing processes to identify areas of risk and potential improvement
- Work closely with the compliance monitoring team based in US/UK/Japan/Australia
- Handle due diligence questionnaires, regular reporting to internal stakeholders
- Involve in ad-hoc projects
Responsible for maintaining rules on the investment guidelines in the investment compliance system (ie Charles River) covering Asia Pacific region:
- Collaborate with investment personnel to understand their perspective and the impact of investment guideline issues and interpretations on the investment process.
- Review investment restrictions in proposed new account documentation and guideline amendment language to ensure ability to code the compliance system as well as clarify intent, if needed
- Program logic-based rules in Charles River in order to effectively monitor client and regulatory requirements
- Collaborate with investment staff to ensure rule coding achieves alignment between client/regulatory requirements and the investment strategy of each portfolio
- Perform quality assurance testing and review of rules programmed by other team members
- Evaluate compliance system functionality and available data elements to determine how restrictions can be captured in the compliance systems
- Work closely with the rule building teams based in US & UK
- Assist in rule building projects on an ad-hoc basis
- Assist in facilitating the integration of new business into the investment compliance monitoring program for Asia-Pac clients which may be subject to complex investment restrictions and regulatory requirements, including fixed income, derivatives and legal regulations
- Work to improve the client experience with respect to the implementation of investment guidelines by advocating process enhancements internally and with Global Client Operations.
List the required knowledge and skills (e.g., attributes such as interpersonal skills, communication skills, leadership ability, etc...) that a person will need to be successful in this position:
- University graduate
- Minimum of 3 years relevant investment compliance experience
- Solid experience in the investment management industry. Prior experience in dealing with investment personnel (including trading team) is a plus.
- Knowledge of UCITS, 1940 Act, Japan JITA (and other jurisdictions in Asia is a plus)
- Prior experience with trading/compliance systems, such as Charles River preferred
- Solid knowledge of securities instruments, fixed income is a must. Familiar with derivative instruments.
- Ability to work under pressure and produce timely results independently
- Team worker who must be able to build working relationships and interact with a diverse group of internal and external contacts
- Good analytical skills and ability to make critical, time sensitive decisions
- Strong communication skills
- Good command of spoken and written English and Chinese
- Working hour flexibility
T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, colour, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.