Invesco has earned the trust of investors around the world. With fully integrated investment capabilities that span traditional and alternative asset classes, Invesco is one of the world’s leading names in investment management for institutions and individuals worldwide. Access investment solutions available in the U.S., Canada, Continental Europe or Asia Pacific marketplaces.
Job Purpose (Job Summary)
The focus of this position will be to participate as a team member to direct specific efforts to implement all aspects of Advisory Compliance within the applicable order management systems primarily for FIXED INCOME products. The candidate will do this by assisting with respect to compliance with applicable global, state, federal and self-regulatory agency requirements. This includes building, testing, and enhancing controls and procedures, and investment transactions in various compliance systems. This position will have challenges that will yield opportunities to be responsible for all aspects of advisory compliance for the products which include retail, institutional, wrap, and proprietary products with a variety of strategies. Interaction on a daily basis will be required with Investments, Sales, Product Development, and Operations personnel. This position will also be responsible for policies, procedures, and controls to support investment operations in real time and through ongoing projects.
Key Responsibilities / Duties
Specific functional coordination responsibility for implementing all aspects of Compliance for a specific product line of asset management products to the Bloomberg, Charles River, Aladdin, and other order management systems.
Address day to day compliance issues related to trading strategies and the application of technology related controls created and applied during this process by the Compliance department.
Lead and conduct reviews of Investment guidelines to maintain evergreen Compliance environment.
Build, test, implement, monitor, maintain, and enhance required quantitative rules in the production trading platform Bloomberg and Charles River.
Lead and conduct forensic, periodic, and transactional testing to ensure compliance with all applicable state, federal, and self-regulatory agency requirements to ensure compliance of the Asset Management Business Group.
Prepare documentation to support reviews conducted and to substantiate and demonstrate adequate processes/controls to meet SEC/regulator requirements and ensure compliance with all policies and procedures.
Interact with members of the global compliance team to assess, document, monitor, report, develop, coordinate, and implement various compliance monitoring activities, ongoing testing, and related controls.
Present complex information in a professional and easy to understand manner through written materials or presentations for a wide variety of audiences.
Assist in responding to regulatory, sub-advisory client, wrap client, and institutional client inquiries.
Serve as a liaison between the business and compliance during the initial on boarding process of the specific product line and provide real time advice to the front office during and after the implementation.
Ongoing review of new and existing products and participate in new product launches to ensure regulatory compliance and appropriate development of strategy within all required regulatory requirements.
Interface with clients as part of the Compliance team during due diligence meetings which includes face to face and remote meetings to explain the compliance aspects of our business with relation to the client accounts.
Familiar with client reporting, such as certifications, preparing monthly, quarterly, or ad hoc client requests, etc.
Work Experience / Knowledge
5 years of experience
within the investments industry (
advisiory side, not broker-dealer
Fixed income experience is required.
Knowledge of securities regulation, as it relates to operations within the advisory compliance (mutual funds or institutional) industry preferred.
Working knowledge of back office operations, financial services industry, and securities laws/regulations are a plus.
Experience with the regulatory environment (SEC, CFTC/NFA, FINRA, and ERISA).
Experience working with 40ACT Funds, Institutional Clients, and Managed Accounts is preferred.
Compliance experience with the Investment Advisers Act of 1940 and the Investment Company Act of 1940 is preferred.
Skills / Other Personal Attributes Required
Strong prioritization, problem-solving,oral, and written communication skills.
Ability to interact well with all levels of employees.
A self-starter with the ability to work independently and in a group setting.
Strong quantitative, analytical, problem-solving skills.
Ability to accumulate, organize, and assimilate large amounts of information.
Ability to condense, refine, simplify, and communicate the purpose and significance of internal and external regulations.
Familiarity with trading systems and their compliance component such as Charles River, Bloomberg, Aladdin, or similar order management/compliance rules based systems.
Proficiency in the Microsoft Office suite of applications is required.
(minimum requirement to perform job duties)
Bachelor's degree in a relevant field of study is required.
Advanced professional education is preferred.
(minimum requirement to perform job duties)
FINRA Series 65 attained within 180 days of employment is required.
FINRA Series 7 is preferred.
Certification in a related field of practice is a plus.
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time. Invesco’s culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, disability, age, or veteran status.
Invesco - 15 months ago
As one of the largest independent global investment managers, Invesco Ltd. is dedicated to helping investors worldwide achieve their...