Senior Investment Regulation Specialist recruitment
Role Purpose:
The front office team, Investment Restrictions Control (IRC), is tasked with ensuring that all of our investment portfolios are managed in line with international regulation, agreed client expectations and within Standard Life Investments own tolerance for investment risk.
The growth and increasing complexity of funds, investment regions, breadth of asset classes and specific product requirements has greatly increased the requirement for an experienced regulatory specialist.
The role holder will ensure that the house interpretation of investment regulations and client requirements are translated both effectively commercially into the restrictions and guidelines under which portfolios are managed.
The role holder works within the IRC team and reports to the Investment Director, Investment Governance Derivatives.
Key Internal Partners:
- Fund Managers
- Client Directors
- Product Development / Product Mgmt Governance
- Investment Process Investment Risk Management (part of wider Investment Governance function)
- Global Investment Management Services
- Fund Transition and
- Risk Compliance
Key Accountabilities:
To contribute to the investment processes by ensuring that all investments made reflect our obligations.
This role will add value by providing consultancy and interpretation regarding broader regulation / restriction matters, including input into fund development and optimisation of monitoring processes.
This includes:-
- Provide input and thought leadership in the interpretation, impact assessment for portfolios and implementation of forthcoming regulatory changes, i.e. UCITS 4 / MiFiD II.
- Ensuring that Restrictions Guidelines (RG) are implemented effectively against fund mandates are completely effective in terms of their intended regulatory or client objective.
- Provide business expertise from an Investment Restrictions Control perspective during new product development, fund transitions annual reviews.
- Represent Investment Governance in Client presentations and due diligence reviews as required.
- Support the daily monitoring and reporting process, ensuring appropriate corrective action is taken by the relevant business area.
- Provide input to the development and procedures for ensuring accurate, timely and consistent management information to stakeholders regarding Restrictions Guideline monitoring.
- To ensure that SLI adheres to the limits and guidelines set out in the Group Credit Risk Management Policy and as instructed by the SLI Credit Committee. Including the management and maintenance of CER CEL systems and completion of appropriate monitoring and reporting. Ensuring that any breaches are notified, escalated and logged in the appropriate manner
Knowledge Experience:
As the nature of this role is broad-ranging and the role-holder will be expected to have knowledge in a number of areas:
- A thorough understanding of global investment regulations (UCITS – COLL / Lux, SEC, FSA etc) and a knowledge of related issues
- An understanding of the investment process, markets and practise.
- An awareness of investment management systems – preferably CR IMS.
Skills:
- Relationship management
- Impact Influence
- Problem analysis solving
• Monitoring evaluation
• Negotiation skills
Talents:
- Communication
- Teamwork
- Customer focus
- Decision making judgement
- Creative and innovative thinking
- Analytical thinking