M&G India | Manager - Investment Compliance Coding

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.
• Knowledge, Skills, Experience & Educational Qualification.
• 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.
• Relevant IOC or Investment Management qualification / Certification would be desirable.
• Technical certifications like SQL and VBA.

M&G India

M&G India is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "Feel confident in your long-term financial future with M&G."

Its finance, accounts, audit and tax openings in India are mostly in Mumbai and Pune.

• Industry: BFSI / Investments / Insurance