INVESTMENT COMPLIANCE ANALYST recruitment
BNPP IP offers a diverse range of investment management strategies to institutional clients in the U.S. through our affiliates, including BNP Paribas Asset Management, Fortis Investments and Fischer Francis Trees Watts. Our clients include corporations, pension plans, insurance companies, foundations, endowments, central banks, official institutions and mutual fund advisors. In the U.S. we have offices in Boston, Chicago, New Jersey and New York. We have an excellent career opportunity for an Investment Compliance Analyst to join the Risk Oversight Group (“ROG”) in our New York City office. The Investment Compliance Analyst will be responsible for the firm’s adherence to Global Investment Performance Standards (GIPS) and work closely with portfolio managers to review and rebalance portfolios to ensure compliance. The individual will also be involved in compliances issues related to a variety of investment products, with a primary focus on fixed-income instruments and strategies.
Specific Responsibilities:
• Work closely with the Director of Investment Compliance to ensure all violations appearing on the daily violation report have been investigated, correctly identified as valid (Reportable/Non-reportable) or invalid, and document any particular resolution action to be taken, if required.
• Work closely with members of the Investment Team, Operations Groups, Client Service, and Information Technology
• Follow up on resolution of aged valid violations.
• Creation and modification of programmed compliance rules using both a proprietary system (PRISM) and an external vendor system (Sentinel) to reflect client investment guidelines.
• Assist with pre-trade compliance queries.
• Review/prepare profit and loss calculations resulting from valid breaches.
• Prepare immediate reporting of guidelines breaches.
• Investigate breach queries by client or custodian
• Assist to organize start up, restructuring, and closing meetings; make sure action points are completed.
• Prepare compliance statements and client letters.
• Maintain Account Information.
• Ad hoc special projects.
• Draft and/or review investment guidelines for client portfolios specializing in fixed income securities and related derivative investments (secondary role).
• Assist in maintaining the firm’s adherence to the Global Investment Performance Standards (GIPS).
Ideal Personal Profile:
• Strong interpersonal skills and comfortable working in a fast-paced environment that is deadline driven and detail-oriented.
• Exceptional verbal and written communication skills. Able to understand and articulate a compliance assessment and suggest potential solutions to a member of the portfolio management team.
• Works well under pressure. Candidate will be strong team player, self-motivated, and industrious.
• Flexible but effective time manager who is able to prioritize responsibilities, manage several simultaneous projects from inception to completion.
• An individual of unquestionable integrity who would be an excellent representative of the firm on both a personal and professional basis and who has the ability to exercise discretion when handling confidential information.
Academic Background and Experience:
• A Bachelor’s Degree in Finance or Accounting with excellent academic credentials.
• 3-4 years professional experience in the financial services industry, preferably in compliance or technical role
• Strong computer skills; with advanced skills in Excel.
• Experience with compliance rule programming using systems such as Sentinel, Charles River, Black Rock Solutions, etc.
• Proficiency in European languages a plus.
This position offers an excellent benefits and compensation package. To be considered for this opportunity, please forward your resume utilizing the online application process. Equal Opportunity Employer.