Handle the initial set-up, implementation, and monitoring of new client investment guidelines.
Develop and maintain investment guidelines documentation based on reviews of client IMAs.
Provide advice around the coding of regulatory / guideline restrictions to the business when required; interact with fund managers and front office staff at all levels.
Review existing client account guidelines against coded restrictions on the compliance monitoring platform for accuracy and potential gaps or rule misinterpretations.
Implement the breach investigation process to ensure the efficient and timely resolution of guideline exceptions and operational issues.
Pre-Trade: Implement the Fails override process for transactions.
Post Trade: Manage the breach investigation process for all mandated accounts.
Communicate the escalation of operational incidents and potential guideline breaches to senior management.
Continually improve the firms understanding and use of the compliance monitoring platforms functionality, including reporting, to best meet the firms business needs.
Work with IT to evaluate data feeds between the compliance monitoring systems and other data provider systems used to monitor client guidelines, e.g., transmission feeds between Long View, FactSet, Bloomberg, Pace, etc.
Develop understanding of DCMs compliance responsibilities in relation to various DCM business functions, e.g., Portfolio Management, Analysts, Operations and Accounting, etc.
Ad-hoc project involvement for new instruments, markets, system changes, and product launches.
Involvement with additional compliance oversight responsibilities integrated into DCMs daily and periodic compliance monitoring program and DCMs annual compliance review.
Conduct Rule 206(4)-7 Annual Reviews.
Provide support on Code of Ethics questions (personal trading, Gifts and Entertainment, Employee Certifications, etc.).
Foster strong working relationships with the front office and relationship management, whilst maintaining an independent view.