Senior Compliance Analyst, Investment Compliance

• Review and interpret all account governing documents, including but not limited to Investment Management Agreements (IMA), Prospectuses and Statements of Additional Information to identify investment restrictions that require monitoring by compliance and the business and establish systematic compliance rule validations or manual work-around solutions.
• Create, test, and document new compliance rules in Charles River IMS.
• Ensure accuracy and completeness of client portfolio guidelines in Charles River as part of the setup and ongoing administration of accounts.
• Ensure accuracy and completeness of client-directed restriction lists; update as needed.
• Daily review of post-trade reports/monitors for trade overrides and compliance alerts and take necessary actions to facilitate the correction of any breaches detected.
• Support Portfolio Implementation and Trading on compliance-related issues/questions that may come from clients or internal colleagues.
• Analyze why a compliance alert is generated using proficient knowledge of investment guidelines, global regulations, compliance systems, internal policies, data etc. in order to provide independent, accurate and timely decisions to investment and trading personnel.
• Demonstrate a proficient understanding of Charles River IMS in order to support the implementation of new policies.
• Assist with implementing improvements to automation capabilities.
• Review daily supervisory exception reports and understand what actions are needed to effectively address all potential exceptions.
• Complete periodic client account certifications and questionnaires (monthly, quarterly, and annually).
• Conduct forensic testing to ensure adherence to trading-related policies (i.e. Trade Allocations, Trade Corrections, Cross Trades) and to identify instances of inappropriate activities (i.e., cherry picking, portfolio pumping, window dressing) or other regulatory prohibitions.
• Assist with the review and updating of existing investment compliance and trade-related policies and procedures in response to changes in the business or regulations.
• Identify ways of creating efficiencies/improving processes to the investment compliance program using best practices.
• Participate in investment compliance-related initiatives and special projects as assigned.

• Bachelor's degree with a minimum of 5 years of relevant compliance related experience in the investment management industry, with a focus on U.S. fund compliance matters and separately managed accounts, working in any combination of Compliance, Portfolio Administration, Operations or Risk Management.
• Working knowledge of investment compliance rule construction and data requirements needed for proper rule construction.
• At least 3 years' experience coding client and regulatory guidelines in Charles River IMS, including coding complex (conditional) compliance rules and benchmark comparative rules.
• Deal effectively with investment personnel, with a strong knowledge of equity, fixed income, and derivative asset classes.
• Solid understanding of the securities industry and regulatory requirements related to the Investment Advisers Act of 1940, Investment Company Act of 1940, UCITS, and ERISA regulations required.
• A solid understanding of trade order lifecycle.
• Excellent attention to detail, a high degree of initiative and adaptability, and the ability to deliver timely work products.
• Excellent PC skills with high proficiency using MS Office (e.g., Word, Excel, SQL Server) and adept at analyzing data (i.e., using SQL, v-lookup, pivot tables, etc.).
• Ability to exercise good judgment and exchange complex information effectively to reach agreement in ambiguous situations.
• Excellent organizational skills, ability to manage competing priorities and deadlines.
• Excellent interpersonal skills with the ability to work independently and as a member of a team.

• Experience with other rules and regulations under the Securities Act of 1933, the Securities Exchange Act of 1934, CFTC and FINRA a plus.
• Familiarity with Environmental, Social and Governance (ESG) factors and global regulatory requirements a plus.

• This position requires remote after-hours support work to resolve compliance alerts that occur during nightly system updates.
• Accessibility by email and/or phone during non-business hours.

Harris Associates