Description What is this position about? The Investment Compliance Analyst role sits within the P&C Client Delivery team. The primary function of the role requires the performing of day to day monitoring of rules within client IMA’s, assisting in the day to day investment process. 

The Investment Compliance Analyst interacts directly with clients and/or investment managers regarding all aspects of investment guideline monitoring to ensure a quality service delivery experience by responding to client queries, resolving issues and participating in client service meetings and reviews. 

In addition to IMA monitoring, the Investment Compliance Analyst will assist clients with related monitoring activities such as Substantial Shareholder, Exposure and derivatives monitoring. 

Primary Role Responsibilities

• Participate in and support the delivery of investment compliance monitoring services to BNP Paribas Australian clients. 
• Act as a contact point in the event of client and/or investment manager queries and requests.
• Ensure prompt action taken to address requests and or issues. 
• Meet with clients as required to ensure the service delivery is of a high standard, maintaining a strong focus on timeliness and accuracy as measured by service KPIs and client feedback.

 

Projects & Change 

• Assist with changes and change control aimed at developing, extending, or improving the existing service received by the client.
• Assist with new activity set up and onboarding activities.
• Assist with business requirements documents, UAT & implementation plans, support and maintain project governance documentation.
• Assist in the optimisation of operational processes.

What is required for you to succeed?

Technical skills and experience

• At least 2-3 years of experience in Investment Compliance or a related discipline. 
• Be able to interpret investment mandate agreements into investment rules and set up these corresponding rules within the BNP Paribas compliance system.
• Investigate breaches of mandate restrictions, identify critical factors and communicate this with both investment manager and client. 
• Resolve production issues, client queries and ad-hoc reporting requests, via communication with Investment Managers, clients and internally with BP2S teams including offshore teams, Relationship Management, IT, Fund Accounting and Unit Pricing. Be able to identify and escalate the more complex queries and issues to senior team members in a timely manner as needed. Recommend and implement corrective action where appropriate.
• Perform data maintenance and submit requests to ensure complete reporting, such as adding rules, portfolios, benchmarks, and custom reporting as needed. 
• Build and apply technical capability through on-the-job training and independent research, staying up to date with industry best practice and regulation.
• Ensure appropriate procedures, risk and control guidelines are maintained and adhered to, and identify, update and maintain gaps in controls and procedures.
• Identify and work with senior team members to implement improvements to services and processes, in terms of efficiencies and risk minimisation.
• Ensure Compliance of all processes with internal policies and procedures.
• Understanding of financial markets, including all instrument types and derivatives, plus the practical application in relation to portfolio effective exposure, leverage, duration and credit ratings
• Strong Microsoft excel skills.

System / application skills

• Use MS Excel, Powerpoint, Word at an intermediate level in fulfilling role.

Project/Business Analyst skills

• Apply a strong deadline orientated approach to project delivery
• Exhibit sound written and verbal communication skills.
• Exercise good judgment in commitments made in response to client needs whilst balancing with the commercial and operational needs of the bank.

Qualifications

• Tertiary qualifications preferred, but strong industry experience will be considered.

 

Competencies

• Attention to detail – ensure accuracy and quality in work.
• Accountability – takes personal responsibility, delivers against personal and team goals.
• Flexibility – positive and flexible approach to identify preferred solutions to issues and problems.
• Results focused – understand the strategic objectives of the business as well as the team; work to ensure their achievement with a quality focus.
• Client focus – delivers consistently a high standard of client service, aiming to achieve all client deliverables within KPI, and operating in line with the departmental code of conduct.
• Teamwork – work cohesively with a team of senior professionals to define and deliver against strategy, demonstrates sound intuition and political awareness.
• Communication – effective verbal and written communication & effective interpersonal ability.
• Maturity & Judgment - Demonstrates the ability to deal effectively with complex issues, learns from experience, assesses issues using relevant information and applying intuition. Makes informed and considered decisions.
• Time Management – Prioritise tasks and manage workflow effectively.

Desired knowledge, skill, experience

• Desirable but not essential: Bloomberg, Hi-portfolio.