Functional Compliance, Officer - State Street Investment Management

Officer, North America Investment Oversight

Officer, North America Investment Oversight will provide investment oversight support for the investment management and other functions of SSIM and SSIM Funds Management, Inc. The Investment Oversight team is responsible for supporting investment compliance, including the monitoring of regulatory requirements and client-specific guidelines, trade oversight, and client reporting, as well as other specialized areas of compliance.

What you will be responsible for :

• Performing pre and post trade compliance monitoring for all asset classes on commingled funds, separately managed accounts, and registered funds;
• Analyze compliance breach trends, identify root causes, and resolve potential systemic issues, including recommending process design improvements and operational efficiencies;
• Developing, testing, and implementing automated rules within the monitoring systems and manual monitoring procedures for non-automated rules;
• Reading governing documents such as Fund Regulatory governing documents and Investment Management Agreements; identifying and resolving interpretive issues, and reviewing investment restrictions;
• Extracting compliance restrictions from governing documents for new accounts and amendments, and coding those restrictions into the compliance systems;
• Completing required new account / amendment documentation, including obtaining all necessary signatures, prior to effective date;
• Manage and provide support to completion of new account / amendment onboarding process to ensure that appropriate reviews and sign-offs are timely obtained;
• Tracking new account and amendment onboarding status, providing reporting and updates to management;
• Developing or enhancing policies and procedures related to compliance processes, with a focus on establishing globally consistent best practices;
• Lead projects with IT, Data, and system vendors to identify ways to further enhance automation in the compliance system;
• Lead reviews with internal and external auditors to facilitate controls reviews;
• Lead in Project work (reviewing regulatory fund docs, compliance system coding / testing, etc..);
• Conduct client / local regulator meetings

These skills will help you succeed in this role :

Education & Preferred Qualifications :

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

Salary Range : $65,000 - $102,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.