M&G India
M&G India | Manager - Investment Compliance Coding
Upload your resume & find all jobs matching it
See how well this job fits you — plus every other live job that matches your skills and experience.
PDF, DOCX or photo
Applying here? Tailor your resume to this job - see which keywords it asks for that your resume is missing.
Job Highlights
Key responsibilities
- Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.
- This Techno-Functional role will require the suitable candidate to be well versed with Asset management domain and familiarity with SQL, along with a strong understanding of the front, middle, and back-office operations, investment operations, investment management, and capital markets.
- Ensure the effectiveness and accuracy of existing rules by analysing regulatory and client guidelines and facilitate the coding of relevant rules within Aladdin's order management system.
- Prepare documentation to support reviews and substantiate effective process controls during the coding of rules in the order management system.
- Serve as a change agent by providing technical expertise for key compliance reporting projects, offering insights into rule coding, and identifying breaches.
- Collaborate with BlackRock Solutions to resolve Aladdin system issues and manage requirements, including maintaining the coding approvers table.
- Support fund managers by responding to queries related to pre- and post-trade rules and exceptions.
- Partner with various operations teams to enhance data availability and improve the quality of underlying data.
- Act as a change agent and provide technical expertise to key projects/initiatives in the compliance reporting function.
- Providing innovative solutions to client requirements (including coding the Compliance Reporting application) in sync with optimization of the rule library in place.
- Maintaining existing fund "rules" within the system and tailoring available solutions to the changing needs of the client in a timely manner.
- Investigate investment guideline breaches with the investment manager to assist the client in the breach resolution process.
- Established in 2003, we have offices in Mumbai and Pune.
- Conduct reviews and interpretations of client mandates, Investment Management Agreements (IMAs), fund guidelines, and retail product documentation to ensure accurate rule implementation in Aladdin and proprietary systems, addressing client, regulatory, and house restrictions.
- Address client-specific requirements to deliver tailored solutions that meet unique objectives.
- Keep up to date with industry practice, product development and evolving regulations.
- Coding experience, ideally with logic-based database systems
Requirements
- Must understand ESG guidelines and frameworks.
- Able to provide a four-eye check of the rule coded, whether it is working properly and resultant breaches if any.
- Excellent financial market and instrument knowledge.
- Excellent written and verbal communication.
- Strong analytical, organisational and problem solving skills.
- Experience using BlackRock Aladdin is a significant plus.
- Strong drive and delivery, committed to achieving results and delivering on time.
- Strong analytical thinking and a critical evaluator of information/issues.
- Ability to interact with Fund Managers on potential investment breaches.
- Strong understanding of various asset classes to explain the Client Directors on potential impact of the breach on fund/ portfolio/ client investments.
- Knowledge of security classification data, experience using Bloomberg, Reuters etc.
- Understanding of UK and European regulatory frameworks that impact investment guideline monitoring and UCITS/AIFM/NURS/COLL rules.
- Excellent written and oral communication and analytical skills.
- Ability to operate remotely, in a diverse and multi-cultural environment with international work or consultancy exposure.
- Working experience of 7+ years in a BUY side Asset Management company.
- Experience in investment / Mandate / portfolio compliance monitoring within BUY side firms.
- Experience of using investment guideline monitoring systems for pre and post-trade monitoring, escalation of investment guideline breaches and commenting on guideline violation reasons within the compliance monitoring system.
- Understanding and strong interpretation of Fund prospectus and IMA documentation.
- Excellent partnership and stakeholder management skills as well as build strong relationships and work collaboratively with teams across the business.
- Experience of liaising, influencing and negotiating effectively with all internal and external parties and stakeholders.
- FRM Certification will be desirable.
- Technical certifications like SQL and VBA.
About the company
M&G plc
M&G traces its origins to 1931, when it launched one of the first unit trusts in the United Kingdom. It became a separate listed company in October 2019, when Prudential plc completed the demerger of M&G plc and its shares were admitted to the main market of the London Stock Exchange. The group is based in the UK and manages savings and investments for retail and institutional clients. In India it operates through M&G Global Services Private Limited, set up in 2003, with offices in Powai in Mumbai and Viman Nagar in Pune. The India unit works with colleagues worldwide on business transformation, digital capability and operations. M&G plc itself does not offer financial services in India.
Finance hiring is mainly in Mumbai, with one treasury-systems role in Pune. Postings cover fund accounting oversight for private and public assets, balance sheet accounting, bond reporting, finance consolidation, treasury support on Kyriba, investment compliance, leveraged finance research and private markets research. Seniority runs from manager to vice president and head of function. The consolidation roles ask for a qualified CA with investment-industry experience (six years for one role and fourteen for the senior one), while others prefer CFA, CA, MBA Finance or FRM.
