Functional Compliance Officer

Responsibilities

• Perform pre and post trade compliance monitoring for all asset classes on commingled funds, separately managed accounts, and registered funds
• Analyze compliance breach trends, identify root causes, and recommend process design improvements
• Develop, test, and implement automated rules within monitoring systems and manual procedures
• Review governing documents such as Fund Regulatory documents and Investment Management Agreements to identify and resolve interpretive issues
• Extract and code compliance restrictions from governing documents into compliance systems for new accounts and amendments
• Manage the new account and amendment onboarding process to ensure timely reviews and sign-offs
• Lead projects with IT, Data, and system vendors to enhance automation in compliance systems
• Lead reviews with internal and external auditors to facilitate controls reviews
• Conduct meetings with clients and local regulators

Requirements

• Bachelor's degree in Finance, Accounting, or Economics
• 1-3 years of experience in the investment management field, specifically in investment portfolio compliance or related areas
• Sound understanding of financial instruments including equity, fixed income, derivatives, bank loans, and private credit
• Strong understanding of the portfolio management lifecycle
• Proficiency in Microsoft Office
• Strong analytical, organizational, and communication skills
• Ability to read and comprehend complex governing compliance documents like IMAs and Prospectus/SAI

Preferred Qualifications

• Prior experience with Charles River (CRD), Sentinel, Bloomberg, or Aladdin
• Knowledge of operating a Bloomberg terminal
• Knowledge of local regulations as they pertain to rule coding and account monitoring

Benefits

• Retirement savings plan (401K) with company match
• Comprehensive insurance coverage including medical, dental, vision, and life insurance
• Paid time off including vacation, sick leave, and family care responsibilities
• Eligibility for annual performance-based awards
• Access to an Employee Assistance Program

About the Company

State Street is a global leader that helps institutional investors manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where employees are empowered to reach their full potential through development opportunities and vibrant employee networks.