Investment Control Associate

ROLE PURPOSE

The Investment Control Associate will be involved in all areas of the team’s remit including assisting with pre- and post-trade investment breach monitoring, guideline coding, MiFID II transaction reporting, EMIR reporting, and major shareholding disclosures. Other relevant tasks are included below.

The role sits in the Investment Control team within the Portfolio Services (“PS”) group and reports into the Regulatory Reporting Specialist. The Investment Control team is a global team with 3 people in the London office and one in the New Hampshire office (US). The role will require a degree of time flexibility considering the global nature of the work. The Portfolio Services group includes Investment Operations, Fund Services, Business Management, Fund Administration, and Performance & Portfolio Analytics.

KEY RESPONSIBILITIES

• Assisting Impax UK’s transaction reporting process, identifying and resolving exceptions in a timely manner including a monthly reconciliation with the FCA MDP data.
• Assisting EMIR reporting and ensuring compliance with the EMIR refit rules - performing oversight on the reports submitted by the counterparty.
• Monitor and submit all major shareholder disclosures, Takeover Panel disclosures, and issuer requests for the firm ensuring controls are robust and filings are made within the deadlines. Liaise with 2nd line Compliance as required.
• Schedule, prepare, and submit reports and filings to global regulatory authorities in a timely and accurate manner including SEC schedule 13 reports and FCA AIFMD Annex IV.
• Prepare and maintain regulatory reporting procedures (including process flows, controls, and checklists) and schedules, documenting all key interpretations and assumptions.
• Assist with team coverage for investment guideline breach monitoring via Bloomberg AIM for pre and post-trade violations - working with the portfolio managers and 2nd line Compliance to resolve breaches in a timely manner.
• Maintaining internal and external watchlists in Bloomberg and Impax’s internal data warehouse ensuring the lists are updated in a timely manner and the process is robust.
• Assist the team with rule extraction and interpretation of investment restrictions for new fund onboardings or fund changes (equity and fixed income). This includes the coding and testing of the restrictions built into Bloomberg AIM.
• Assist with the maintenance of the Impax house rules for the US equity and fixed income teams, including but not limited to Impax’s ESG restrictions, working closely with the ESG team to ensure breaches are reviewed appropriately.

SKILLS, KNOWLEDGE, EXPERIENCE

• Buy side asset management experience ideally with exposure to equity and fixed income.
• Working knowledge of fund and trade life cycle.
• Excellent knowledge of European and UK asset management regulations with ability to interpret financial legislation reporting obligations.
• 2-3 years’ experience in MiFID II regulatory reporting requirements including transaction reporting, EMIR, and major shareholder disclosures.
• Professional, “can do” attitude, willing to learn new processes within the Investment Control remit.
• Ability to take ownership of work and be accountable.
• Meticulous attention to detail.
• Proven ability to organise and prioritise multiple tasks to successfully meet deadlines and quickly understand new business areas.
• Works collaboratively with the team and wider global colleagues and shares knowledge.
• Dynamic and solution-focused and is innovative when it comes to identifying improvements to processes.
• Intermediate/advanced Excel proficiency.

DESIRABLE

• Working knowledge of pre and post-trade breach monitoring.
• Investment guideline coding in an OMS.
• Experience with Bloomberg AIM.
• Exposure to working with derivatives.

VALUES

• Be the solution
• Passion for excellence
• All voices heard
• Doing better together
• Building a common future