Compliance Analyst

As a Compliance Analyst on our Access Data team, you will be responsible for daily processing in our SalesVision application related to short-term trading policy compliance. Additionally, you'll interact with both fund family clients and the operational personnel responsible for trading compliance and data sharing at the financial intermediaries who distribute those clients' products.

You will handle the day-to-day processing related to mutual fund short-term trading compliance as it relates to SEC rules 38a-1 and 22c-2 within the Investment Company Act of 1940 and the disclosed policies within the prospectus' of those mutual fund clients who have opted for this full-service outsourcing.
Daily processing functions include the research of omnibus account-level trading irregularities and individual account-level short-term trading policy violations (identified via the review of transactional data received via files delivered from transfer agency, brokerage, variable insurance, trust, and retirement recordkeeping systems) and the review and submission of data sharing requests to financial intermediaries who sub-account the mutual fund products of Access Data fund clients.

You will research and take remedial action on breakdowns in data-sharing communication or data request rejections via conduits such as the NSCC Standardized Data Reporting (SDR) interface, supermarket portals, proprietary data interfaces, and secure e-mail
Direct formal communication of policy violations to fund clients and their financial intermediaries and ensure that enforcement activity (up to and including account restriction) is enacted
You'll maintain integrity of fund client and financial intermediary data stored in SalesVision; secure additional information from the fund clients' transfer agent or financial intermediaries (sub-accountants) as needed
Identify policy violations and processing exceptions and communicate escalation issues to Compliance Insight Services group manager
Identify opportunities for process improvements / best practices and submit recommendations to management accordingly
Format daily and ad hoc financial intermediary files and load into SalesVision
Perform daily data download and restriction processing within super market portals
Document and store all compliance-related tasks and communications with both fund client and financial intermediary personnel
Attain expert knowledge of the compliance functionality of the SalesVision Shareholder Compliance application and the full-service outsourcing functions of the Compliance Insight Services group, as well as the business functionality of other SalesVision modules and Insight Services
Interact with ADC fund and intermediary clients to ensure client satisfaction and promote product excellence

Excellent communication and decision making skills are key competencies required by the Compliance Analyst in order to build a trusting rapport with their assigned fund clients. The Compliance Analyst will be responsible and accountable for all 22c-2 processes and decisions made at their discretion on behalf of their clients. All 22c-2 processes performed by the Compliance Analyst should be completed in a timely manner and meet and exceed their client's expectations. Periodic calls, meetings, and visits with the fund clients may also be required for discussing current policies and procedures, along with providing status updates for current tasks that are in the process of being completed.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled


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