IFDS-Transfer Agent-Compliance Specialist - Senior Associate-Dublin
Who we are looking for As a Senior Associate within the Compliance - Monitoring & Testing team, you will be responsible for the maintenance and implementation of the Compliance Monitoring and Testing programme in supporting the management of Operational & Regulatory risk.
You and your team will liaise with all operational teams to ensure that appropriate and effective processes and controls are in place and perform detailed testing and sampling for selected areas.
You will have a good theoretical and practical knowledge of the regulations impacting investment funds in Ireland and be able to include requirements in appropriate detail within the Monitoring & Testing programme. You will be integral to ensuring that operational teams understand the practical implications of regulations and guidance.
As part of your role, you may be directly or indirectly responsible for other tasks such as compliance reporting, regulatory breach analysis and reporting, facilitation of internal and external audits, performing regulatory filings
Why this role is important to us The team you will be joining is a part of International Financial Data Services (IFDS). IFDS is a world-leading provider of outsourcing and technology solutions to the financial services industry. With its global headquarters in Toronto, IFDS services over 240 financial organizations around the world, providing solutions to a wide range of global asset managers, wealth managers, banks, and insurance companies. IFDS is present in North America, EMEA and APAC.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for As Transfer Agent-Compliance Specialist- Senior Associate you will
Responsibilities - Contribute to completion of compliance risk assessments on a periodic basis.
- Manage the review of business processes and procedures to identify operational/regulatory controls and assess their effectiveness through testing and sampling.
- Manage the provision of management reporting on findings and recommendations and work with the business to agree the implementation of recommendations.
- Assess and monitor trends in errors and breaches to identify control weaknesses and quality improvements.
- Update the Monitoring & Testing programme as regulations, policies, and business practices change.
- Provide ongoing support to the business through the Compliance mailbox on compliance related queries and on the application of regulations and legislation impacting Transfer Agency.
- Contribute to the compliance process by facilitating daily and monthly tasks.
- Foster a culture of compliance and risk awareness.
- Support colleagues in the Compliance team in fulfilling their responsibilities; assist more senior colleagues when required to do so and deputise in their absence.
- Participate in forums as requested.
- Complete compliance risk management projects as assigned.
What we value Skills - Self-motivated.
- Attention to detail and concern for quality.
- Strong business writing and verbal communication skills
- Strong organizational and time/project management skills; ability to manage time in order to meet deliverables
- Team orientated
Education & Preferred Qualifications Experience - You will have comprehensive procedural, technical and product knowledge of the Transfer Agency / Fund Administration business.
- You will have an understanding of the Irish funds industry regulatory environment and be able to include requirements in appropriate detail within the Monitoring & Testing programme
- You will have experience of implementing Compliance Monitoring programmes including experience with risk assessment and internal control methodology.
- You will have at least 3 years' experience in a similar environment, ideally including time spent within a Compliance, Audit or Trustee function.
- Business related degree preferable.
About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.State Street is an equal opportunity and affirmative action employer.Discover more at StateStreet.com/careers
