Identify and interpret all investment guidelines in regulations, prospectus, contracts and internal risk policies. Assess suitability and feasibility of investment guidelines monitoring. Escalate the risk of non-monitorable guidelines. Create or update control card summarizing all the investment guidelines. Obtain validation of the control cards. Maintain completeness and reliability of the central guidelines repository.
Ensure the coding in the different automated monitoring systems. Control the implementation. Specify for development in relationship with Referentials (DALI) and Technology teams or develop new solutions to monitor new investment guidelines or to adapt to new instrument types.
Contribute to the pre-trade controls, the prevention of breaches being under the responsibility of the front office.
Conduct permanent (daily) and independent controls of investment guidelines. Ensure full coverage and reliability of this monitoring. Keep evidences of the controls. Analyse alerts raised in post-trade by the different systems and/or by third parties.
Issue a breach notification to the fund manager for remediation in the best interests of the client and escalate the breach if not remediated in time. Track to resolution and potentially request for tolerance. Log the breach in a central database, qualified as active or passive, with the analysis and the all evidences. Maintain the repository completeness and quality.
Produce breach / KPI reports to some clients, some auditors and local or global governance bodies.
Ensure collaboration with all teams involved in the Investment Guidelines process.
Contribute to initiatives to adapt to environment evolution (eg regulatory, organisational, technical) or that reduce operational risks or improve operational efficiencies.
Ensure knowledge maintenance and business continuity.
Experience in a similar function or within an asset manager would be a plus
Knowledge and Skills:
Knowledge of financial instruments, management strategy and portfolio valuation
Awareness of related information systems and agility in using multiple tools.
Internal Number: 5602511
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