Details of the Organization

With an average asset base of over INR 1,12,901.80 crores (for the quarter ending September 2024). Invesco Asset Management (India) aims to serve investment needs of domestic and global investors, individuals, corporate and institutions through mutual funds and sub-advised portfolios. Their product portfolio is managed by individually focused management teams to create optimum balance and results. We are committed to providing financial care and top class service. 

Details of the Job/Internship

Invesco Asset Management (India) Private Limited is hiring a senior manager-compliance to join them in Mumbai office. 

Role and Responsibilities

• Investment limit monitoring, coding of new rules, review the settings of existing rules in trading application for various investment restrictions, clearing of trade alerts, providing reports related to limit monitoring activity to Compliance team / Risk team for onward reporting, closely working with Chief Risk Officer and Investment Risk team on aspects related to investment limits / breaches, liase with Investment Ops. team (Mid-office team) for activities having impact on limit monitoring, providing guidance to investment team & other functions on various aspects of limit monitoring & regulatory implications. The candidate is expected to bring in paradigm shift to limit monitoring vertical and take it to next level [i.e. comprehensive repository of limits applicable to all schemes (regulatory, SID, internal, logical etc.), impart periodic training to investment team & other functions on aspects related to investment limit monitoring / regulatory implications, continuous review of controls around limit monitoring function & suggest improvements etc./] (Note: Currently IAMI uses Bloomberg trading application)
• Supporting activities related to implementation of Institutional mechanism for identification & deterrence of Market Abuse activities including front running, i.e. generation of alert, review of alerts, support CEO / Compliance officer for closure of alerts and reporting requirements pursuant to institutional mechanism, review of logic for generating alerts, working with CRO closely for alerts.
• Review manuals / policies around investment function / investment related activities i.e. Equity / Fixed Income Manual, Credit Assessment Policy, Trade Execution & Allocation, Stress Testing, Polling, Voting, Stewardship Code, IST, Best execution, voice recording, dealing room controls etc. & draft new policies/ manuals as may be required from time to time. 
• Putting in place systems for monitoring of trading activities viz. best execution, price variance, volume participation, dealing room controls etc.

Eligibility

• Preference is for CA. However, candidates with MBA / Masters in Law qualification with relevant industry experience may also apply. Additional qualification like FRM will be added advantage.
• Minimum 7-10 years’ experience in capital / securities market / limit monitoring function (candidates with AMC background & having experience with Bloomberg Order Management System will have an edge).
• Commitment & passion for work, eagerness to learn, teamwork, ability to stretch & sustain work pressures, good inter-personal skills, Team player.

Salary/Stipend

Compensation details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

State

Maharashtra

City

Mumbai

Address

Mumbai, India

Application and Registration Details

After you apply, you will receive the next steps of the application process via email. 

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For any questions or concerns, please contact us via email at: [email protected]