BU Compliance - Senior Associate

Key Responsibilities

Compliance Rule Setup

• Analyze client requirements, prospectuses, and investment mandates to extract compliance restrictions.

• Liaise with clients to obtain additional information required for rule interpretation and setup.

• Work closely with internal coding teams to translate compliance rules into system-based logic.

Compliance Monitoring & Reviews

• Perform annual reviews of compliance matrices against updated prospectuses/SAIs.

• Support ad-hoc queries from compliance reporting teams to assess portfolio adherence to guidelines.

• Ensure accurate implementation and maintenance of rules for daily and monthly compliance monitoring.

Regulatory Interpretation & Advisory

• Demonstrate strong domain knowledge in investment compliance.

• Interpret complex regulatory requirements and translate them into actionable compliance rules.

• Provide guidance on treatment of instruments (e.g., derivatives) for compliance tests.

Stakeholder Management & Coordination

• Act as a key liaison between clients, counterparts, reporting teams, and business units.

• Collaborate with COEs, Client Service, and Operations teams for seamless delivery.

Risk Management & Process Improvement

• Identify operational risks and recommend procedural improvements.

• Ensure adherence to SOPs while driving enhancements where required.

• Escalate potential compliance issues and ensure timely resolution.

Team & Oversight Responsibilities

• Ensure timely completion of daily deliverables and ad-hoc requests.

• Participate in projects, onboarding initiatives, and process improvement forums.

Required Qualifications & Skills

• Bachelor’s/master’s degree in finance, Accounting, or related field.

• 2–4 years of experience in Investment Compliance / Asset Management.

• Strong knowledge of:

  • Investment guidelines (UCITS, ’40 Act, RIA regulations)

  • Compliance monitoring systems (e.g., Sentinel/CRD preferred)

  • Financial instruments including derivatives

• Proven experience in:

  • Rule/Prospectus interpretation

  • Strong analytical and problem-solving skills.

• Excellent communication and stakeholder management abilities.

• Proficiency in Excel; automation knowledge is an added advantage.

Key Competencies

• Attention to detail and accuracy

• Strong ownership and accountability

• Collaboration and leadership mindset

• Process improvement and innovation orientation

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement