Note: The job is a remote job and is open to candidates in USA. Lawyers On Demand, a Consilio company, is a global legal services business providing secondments, legal advisory services, and legal operations and technology solutions. The Portfolio Compliance Analyst will support a financial services company by analyzing and implementing compliance rules for 1940 Act funds, supporting fund launches, regulatory filings, compliance testing, issue remediation, and risk management activities.
Responsibilities
- Analyze investment guidelines of 1940 Act funds and create corresponding compliance rules
- Support new fund launches through implementation of compliance rules
- Update compliance rules based on changes in prospectus disclosures and investment guidelines
- Ensure compliance with prospectus guidelines, regulatory requirements and applicable EIM policies and procedures relating to 1940 Act funds
- Collaborate with internal stakeholders and external vendors/sub-advisers
- Assist in development of the compliance program for 1940 Act funds, including implementation of new regulations
- Assist with regulatory filings, annual compliance reviews and testing and applicable board reporting obligations
- Responsible for the investigation, resolution and remediation of compliance errors in coordination with internal and external stakeholders
- Assist with the ongoing compliance and risk management requirements of the funds’ Derivative Risk Management Program
Skills
- At least 5 years of portfolio compliance experience
- Strong knowledge of the Investment Company Act of 1940 and Investment Advisers Act of 1940
- Oversight of the compliance system monitoring post-trade activity, including escalation and resolution of issues
- Experience supporting 1940 Act fund launches, ongoing fund compliance, testing, disclosures, and regulatory filings
Benefits
- Remote work; NYC preferred
- Full-time, indefinite contract role
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