Portfolio Compliance Associate

About the role

You support a team of portfolio compliance professionals within VCM’s Legal and Compliance department, assisting with regulatory oversight and trade compliance activities. In this role, you will contribute to daily trade compliance monitoring, rule implementation support, client onboarding processes and escalation procedures, while ensuring alignment with regulatory requirements, client guidelines and internal policies and procedures.

Responsibilities

• Support and contribute to daily monitoring of pre- and post-trade activity across multiple asset classes and account types under manager supervision.
• Affirm compliance with the portfolio trade compliance program, with a focus on coding, testing, and managing rules within Charles River (CRD) with oversight.
• Execute a wide range of compliance tasks, including the interpretation of client and prospectus guidelines, rule coding, and regulatory adherence to various standards and regulations including the Investment Company Act of 1940, UCITS Directives and CSSF.
• Conduct initial review of potential active and passive UCITS breaches, including, documentation of findings, and coordination with portfolio managers, escalating complex issues to senior team members/management to ensure effective remediation.
• Assist in preparing detailed incident reports and client reporting activities.
• Support new account onboarding, including interpretation of client guidelines, rule analysis, coding and coordination with portfolio management, legal and operations teams.
• Perform trade compliance testing and validation to support client certification and other regulatory reporting requirements.
• Participate in the portfolio compliance team’s planning and execution of the compliance rule library migrations under management direction.

Requirements

• 2-4 years of experience in portfolio compliance or related financial services compliance role.
• Experience compliance monitoring systems with an emphasis on Charles River (CRD) and demonstrated knowledge of trade order management workflows.
• Ability to understand and execute regulatory concepts while providing clear communication to senior members of the firm.
• Experience interpreting and coding UCITS rules, reviewing client IMAs, and conducting new account onboarding from a portfolio trade compliance perspective.
• Working knowledge of 1940 Act requirements, UCITS guidelines, CSSF regulations, and other applicable US and international regulations governing trading and investment adviser activities.
• Knowledge and experience working with various asset classes including Equities, Swaps, Futures, Exchange Linked Notes (ELNs), Asset-Backed Securities and Insurance Linked Securities.

Qualifications

• Bachelor’s degree (or above) in a relevant field.

Skills

• Strong understanding of regulatory frameworks and compliance standards.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Proficiency in Microsoft Office Suite.

Benefits

• Affordable medical, dental, and vision plans.
• Flexible PTO.
• Family medical and disability leaves.
• Tuition reimbursement.
• 401(k) plan with a generous employer match.

Pay

The target base salary range for this position is $97,750 - $115,000. Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant’s skills and prior relevant experience, certain degrees, and certifications.

Schedule

Full-time.