What are the responsibilities and job description for the Investment Compliance Analyst position at The TCW Group?
Position Summary
The Investment Compliance Analyst will be a member of TCW’s Investment Compliance team that provides compliance support to our investment teams, as well as other functions within TCW. Specifically, this individual will have responsibility for monitoring current holdings and daily trading activity against client guidelines, restrictions, internal policies/procedures, and relevant regulatory requirements and will be responsible for thoroughly testing new and modified rules in the compliance monitoring.
Essential Duties
- Work with Portfolio Management, Trading, Data Management and others within Investment Compliance to determine trade suitability, review daily trading activity, and identify and resolve any associated compliance issues.
- Review daily portfolio compliance results, identify and resolve any active or passive compliance issues.
- Participate in the new account setup and guideline change process, providing a secondary review of new and amended guidelines in the compliance monitoring system.
- Partner with Investment Compliance to thoroughly develop and implement comprehensive rule testing process
- Collaborate with Rule Coding, Data Management, and IT-Trading & Compliance teams to analyze and request new data requirements to support new and modified guideline requirements.
- Identify and resolve any issues/concerns with investment guideline interpretation and coding.
- Working knowledge of governing documents, including but not limited to Investment Management Agreements (IMA), Prospectuses, Statement of Additional Information (SAI), and Fund Declarations
- Effectively participate in internal and external audits of controls and associated testing
Required Qualifications
- Bachelor’s degree and minimum of 5 years of relevant experience, including knowledge and use of Aladdin or equivalent experience with other compliance monitoring applications.
- Experience and knowledge of Investment Compliance rule construction, including the identification and implementation of incorporating new data requirements
- Working knowledge and understanding of capital markets; experience with fixed income, equity, and derivative instruments
- Basic knowledge of the Investment Company Act of 1940, UCITs, and other regulatory requirements
- Excellent verbal and written communications skills
- Proficiency in Bloomberg and other major software applications
Professional Skills Qualifications
- A self-starter who takes initiatives
- Ability to work independently, but willing to contribute to team projects and collaborative efforts, as needed
- Strong analytical skills with excellent attention to detail
Desired Qualifications
- Excellent organizational skills and the ability to prioritize multiple requests from a variety of sources
Estimated Compensation:
Base Salary: For CA based position, the base salary range is $130k-$140k. This is an anticipated range only.
Other Compensation: Eligible to be considered for an annual discretionary bonus
Benefits: Eligible for TCW’s comprehensive benefits package.
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Salary : $130 - $140