CIB - Investor Services - Securities Services - CRS Contractual Edinburgh - Investment Restriction Compliance Associate

Job description

CIB - Investor Services – Securities Services
Compliance Reporting Services Edinburgh - Investment Restriction Compliance Associate.

 
J.P. Morgan
J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients' needs, anywhere in the world. We operate globally, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are one of the most respected financial institutions in the world - and why we can offer you an outstanding career.
 
 
Securities Services
J.P. Morgan Custody & Fund Services provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers, along with ancillary services such as foreign exchange and liquidity solutions.

Compliance Reporting Services
J.P. Morgan Compliance reporting services provides post trade exception based reporting covering contractual client investment restriction monitoring across associated funds, utilising our proprietary system TRAC and J.P.Morgan Markets Compliance portal module for client reporting and management of exceptions.
 
The role involves carrying out reviews, investigation and oversight exceptions based reporting in line with statutory and prospectus investment restrictions and risk limitations as prescribed under UCITS and AIFMD. The successful candidate will be responsible for ensuring key processes and controls are carried out related to investment restriction compliance, including client escalations.  In addition, the candidate will have ownership and oversight of a number of CRS EMEA clients including, client reporting and working with the client in relation to updating, amending or changing associated coding as a result of active or passive potential violations, owning/managing client service reviews, due diligences and other associated client oversight responsibilities.

Responsibilities include:
·  Understanding the CRS client model and associated reporting, typical exceptions reporting and other associated deliverables.
·  Ensure all services and reporting meet the high standards expected and all controls are observed at all times.
·  Manage all client enquiries and escalations in an appropriate and timely manner.
·  Prepare, host and manage any appropriate service meetings, due diligences, etc. associated to CRS EMEA, including preparation and update of service logs as appropriate.
·  Oversight of the client’s potential violations and look for opportunities to work with the client to reduce any false violations or enhanced coding to reduce recurring violations. 
·  Oversight of any client reporting who subscribe to the Extended Service Model (Breach Review) service.
·  Validation of investment restriction rules in the compliance system and ensuring rules are in line with regulations and fund investment policy as appropriate and where required.
·  Work closely with our offshore and other business partners to ensure SLA’s and KPIs are maintained and delivered in a timely and accurate manner.
·  Acting as the CRS SME for EMEA working with clients on associated change, projects and other CRS related business matters.
·  Participate in any departmental strategy plans, where active participation, ownership of tasks or assistance in implementing strategy or product related projects.
·  Identity opportunities for continued process improvement, client reporting automation and other opportunities to enhance client experience.
·  Have ownership of all client onboarding and offboarding of funds across CRS EMEA.
·  Provide support to internal and external clients and participate in key projects and new business launches.
·  Prepare MIS and KPIs in relation to the investment compliance programme including client reporting.
·  Participate in due diligence review with particular emphasis and subject matter expertise in compliance and risk management as appropriate.
·  Partner product and clients on any associated regulatory change and updates impacting client reporting and documentation in relation to compliance and risk management restrictions.
 

 

Demonstrated qualities:

 

 

 

 

·  A qualification in business/compliance related discipline would be an advantage.
·  Good working knowledge of financial services and various market instruments.
·  Prior experience in investment compliance and/or risk related function preferred.
·  Knowledge of UCITS/AIFMD regulatory requirements preferred.
·  Strong analytical, logical and numeracy skills to review fund investment compliance oversight results, assess fund impacts, identify trends to help maintain an efficient and effective oversight model.
·  Strong problem solving skills.
·  Pro-active and motivated to learn.
·  Ability to work as a team member and ensure a high service quality level focused on client.
·  Strong communication skills.
·  Good working knowledge of MS Office.

 

 

About J.P. Morgan’s Corporate & Investment Bank:

 

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.  Further information about J.P. Morgan is available atwww.jpmorgan.com .

 

 

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer and a member of the UK Government’s Disability Confident Scheme.