Senior Compliance Analyst

Position Overview:

The Compliance Analyst (Portfolio Management & Trading) plays a hands-on, operational role supporting the firm’s day-to-day trading, portfolio management, and investment operations compliance functions. This role is deeply embedded in the trade lifecycle and focuses on pre‑trade and post‑trade compliance, portfolio mandate monitoring, exception management, and regulatory controls applicable to fixed‑income strategies and pooled investment vehicles serving public-sector clients (local government investment pools, or “LGIPs”).

The position works closely with Portfolio Managers, Traders, Operations, and the Legal & Compliance team and reports to the Chief Compliance Officer or designee. This role is not policy‑setting, but execution‑focused, requiring strong attention to detail, system fluency, and the ability to identify, escalate, and resolve compliance issues in real time.

Duties/Responsibilities:

Trading & Portfolio Compliance Oversight

• Perform daily pre‑trade and post‑trade compliance monitoring using Bloomberg and related order management/compliance systems to ensure adherence to portfolio guidelines, client investment policies, and product‑level constraints.
• Review, investigate, and resolve trade alerts, investment guideline exceptions, and compliance breaches, including documentation of findings and remediation steps.
• Monitor portfolio mandate/investment guideline compliance for separately managed accounts and pooled investment vehicles, including maturity limits, issuer/concentration limits, credit quality, and liquidity constraints.
• Participate in portfolio management and credit committee meetings to provide compliance awareness, observe decision‑making processes, and support ongoing monitoring of portfolio activity, credit approvals, and investment actions for alignment with applicable guidelines and policies.
• Monitor, review, and track trade errors and execution issues, coordinate with Trading and Operations on remediation, and maintain required documentation supporting error resolution and client impact analysis.

Bloomberg & System Administration

• Support client account set‑up, maintenance, and termination in Bloomberg and related systems, including accurate configuration of investment guidelines and compliance rules.
• Coordinate with Trading and Operations to ensure guideline changes, board‑approved updates, and client amendments are timely and accurately reflected in systems.
• Assist in testing and validation of compliance rules following system updates, guideline changes, or new product launches.

Testing & Monitoring

• Assist in monitoring investment activity for compliance with governing documents and applicable state statutes.
• Conduct and document additional compliance testing, including best execution reviews; fee billing reviews, trade allocation testing, broker‑dealer due diligence support, and periodic trade reviews, in accordance with established policies and procedures.

Regulatory & Compliance Program Support

• Assist with execution of the annual compliance review, including completion of assigned tests, data compilation, and written documentation.
• Maintain compliance logs, testing schedules, and evidence supporting regulatory requirements.
• Support responses to regulatory examinations and information requests, including document collection and data verification.
• Cross‑Functional Collaboration
• Work closely with Compliance, Portfolio Management, Credit Research, Product and Relationship Management, Operations, and other colleagues to resolve issues efficiently and prevent recurring exceptions.
• Escalate potential compliance concerns timely, with clear documentation and factual support.

Required Skills/Abilities:

• Exercises independent judgment within defined compliance procedures and escalation frameworks.
• Maintains a consistently high degree of attention to detail in all compliance monitoring, testing, and documentation activities.
• Responsible for identifying issues, conducting first level analysis, and escalating matters that require policy interpretation or senior review.
• Demonstrates the ability to collaborate effectively across teams, including Portfolio Management, Trading, Operations, and Compliance, and is comfortable working at the intersection of investment activity and regulatory oversight.
• Ability to multi-task and change business focus at a moment’s notice.
• Ability to think “big picture” and “outside the box,” while always giving attention to detail.
• Ability to work independently
• Strong communication (verbal and written) skills to support, interact, and communicate with a large number of Company colleagues, third-party consultants and regulators.
• Critical thinking skills necessary. Good independent follow-up skills.
• Willingness to support portfolio management team across US time zones, with work hours aligning with fixed income market hours

Education and Experience:

• Bachelor’s degree required.
• 1–3 years of experience in investment compliance, trading support, portfolio operations, or a related financial services role.
• Working knowledge of fixed income instruments (including Treasuries, agencies, commercial paper, and money market instruments) highly desired
• Hands on experience with Bloomberg Terminal or other order management system, including compliance rules or trade support functions strongly preferred.
• Proficiency in Microsoft Excel, and SQL, strongly preferred.  Familiarity with other software and reporting systems may be necessary as part of the responsibilities.
• Familiarity with the Investment Advisers Act of 1940 and general investment adviser compliance concepts preferred but not mandatory;

Physical Requirements:  Must be able to work at a computer for long periods of time. Lift up to 15 lbs.