We have an excellent opportunity for a Trade & Portfolio Compliance Officer to join our dynamic Compliance Team at Mediolanum.
The successful candidate will undertake the various tasks required to ensure the firm's compliance with the applicable regulatory requirements under its associated authorizations. The role requires the candidate to take ownership of and/or support others in the oversight control execution and ongoing monitoring of matters relating to portfolio compliance. These control tasks will include supporting the trading and investments teams, market abuse controls, review of operational procedures, ad hoc projects or business initiatives such as system developments or improvements.
As part of the Trade and Portfolio Compliance Team, the candidate will interact with all the business teams, particularly the investment, trading, and ESG teams, and represent the Irish operations to the Mediolanum Compliance Group.
The ideal candidate will be comfortable working in a fast-paced and dynamic environment and will have already gained experience in regulatory and compliance frameworks. This is an excellent opportunity to gain a rapid understanding of the compliance obligations and activities as they relate to aspects of our different business lines, as well as be part of a growing team implementing our compliance strategy and philosophy across the organisation.
Duties will include, but are not limited to the following:
* Support the Head of Compliance to implement and manage the compliance plan and framework to ensure compliance with regulatory obligations (including UCITS, AIFMD, MIFID II, SFDR, MAR, Outsourcing requirements).
* Interpret, draft, codify, test, and execute the compliance rules into the Trade Compliance System, FusionInvest, including ownership, participation, and testing in respect of any new system developments.
* Monitor and resolve the pre and post trade’s investment portfolio exception reporting from FusionInvest and collaborate with any relevant stakeholders, as required for resolution.
* Perform ongoing compliance monitoring and surveillance activities associated with ensuring trade compliance, including Market Abuse & Surveillance monitoring, Monitoring for Best Execution, and second line ESG monitoring.
* Analyse regulatory and legislative developments related to funds compliance as identified or allocated and assess their applicability and impact on the business.
* Advise the business on funds compliance matters and the internal control environment to manage funds compliance risks (e.g., investment breaches, market abuse, best execution, greenwashing).
* Perform, coordinate, and review initial and ongoing (periodic) oversight and due diligence of outsourced service providers, as required as part of the wider business outsourcing framework.
* Assist in the development and implementation of appropriate policies, procedures, and practices to meet existing and upcoming regulatory requirements.
* Assist in the preparation of funds compliance reporting to senior stakeholders including internal committees, the Board of Directors, Mediolanum Group committees, and IPM clients, as appropriate.
* Provide training to the business on regulatory compliance risks and internal control frameworks.
* Assist the team to promote a culture of compliance throughout the business.
Skills and Competencies:
* An analytical thinker who understands the regulatory requirements and how to implement them in a practical manner, while ensuring the regulatory obligations are fully met.
* Ability to respond to guidance, work collaboratively as part of a team, and independently as may be required.
* Organised individual who can self-manage multiple priorities, routine work, and urgent issues as they arise. The ideal candidate is focused on resolving issues in a proactive and timely way and maintaining the priority of achieving goals.
* Display attention to detail in all aspects of work and relationships.
* Developing and managing relationships both internally and externally, establishing themselves as a reliable point of contact for all parties.
* Excellent verbal, written, and numeric skills.
* Proactive individual who is solutions-focused to resolve issues in a considered and timely way.
Qualifications and Experience:
* Relevant 3rd Level Degree in a relevant field such as Business, Finance, Law, Compliance.
* Previous experience within trade compliance or experience in a Depositary/Trustee position.
* In-depth knowledge of the UCITS, AIFMD, SFDR, and Market Abuse rules as well as the general regulatory environment as it pertains to Irish Financial services companies.
* Experience in conducting pre/post trade investment compliance is a distinct advantage.
* A formal qualification in Compliance is desirable.
* Understanding of using PowerBi and/or SQL/VBA is desirable.
Seniority level
Not Applicable
Employment type
Full-time
Job function
Finance
Industries
Financial Services and Funds and Trusts
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