Junior Associate – Regulatory Reporting, Coe

Waystone leads the way in specialist services for the asset management industry.

Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

The role of Junior Associate - Regulatory Reporting COE has unique requirements and duties; however, these responsibilities are to be executed within the organization’s framework of core values. Waystone expects all employees to be high performing, self-motivated, learners and leaders.

Summary:

The Junior Associate – Regulatory Reporting COE will support the client through specific regulatory reporting activities. This will be completed by working closely with the Manager or Associate Director and work in a supportive role within the Global COE team (supporting the broader Waystone operations). The client base will range from Management Companies to standalone clients.

The role will predominantly center around daily reconciliations and regulatory filings for both internal and external clients in addition to market data but will involve other duties outside of these regulatory filing periods.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Completion of regulatory filings such as AnnexIV, FormPF, CPO amongst others for a portfolio of clients on a periodic basis.
• Be the primary contact for clients and managers to resolve queries relating to regulatory filings on a timely basis to enable filing of all returns prior to deadline.
• Participate in regular service reviews with internal Waystone entities leveraging the CoE for regulatory reporting activities.
• Provide input when required to the Manager or Associate Director to ensure KPI’s and MI packs are produced accurately and in a timely fashion for both internal Waystone entities and senior management.
• Participate in supporting clients servicing through reporting. This must be done in a timely and accurate fashion, escalating issues as they arise.
• Follow and enhance existing procedures, to solve routine problems.
• Be proficient in problem solving, striving to use own initiative to take ownership of the task.
• Work co-operatively with other groups in different locations and time zones, especially the teams in Cayman and Luxembourg as required.
• Provide adequate documentation and backup of all operational processes.
• Participating in on job training for new hires.
• Be driven, inquisitive and be able to self-manage.
• Keep abreast of regulatory changes and help oversee and implement within the business where required.
• Assisting the Manager with ad-hoc client queries.
• Aspire to be the proficient in the various risk and regulatory reporting requirements, such as AIFMD and become proficient in excel & the funds industry, especially with respect to regulations.
• Proactively support further migrations and integrations to the Regulatory Reporting COE.
• Other projects and duties as assigned.

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• A minimum of a 3rd level Degree in Finance, Business or similar field is required. A Master’s
• Degree in a Finance or Mathematical field or a related professional qualification would be desirable but is
• not a requirement.

Experience:

The successful candidate will ideally have worked for at least 1-2 years in a risk, regulatory, fund accounting related role or similar in financial services preferably within the funds industry.

Knowledge of or previous exposure to some regulatory filings, including but not limited to, AIFMD, UCITS, CPO-PQR, Form PF, Solvency II, OPERA, EMIR Reconciliations and PRIIP’s is preferable but not a requirement.

It would be beneficial if the applicant has previous exposure through work or education to a number of risk measurements including Value at Risk, Stress Testing, Liquidity Analysis, Greeks and Back Testing in addition to some knowledge of a range of financial instruments including derivatives.

The role involves detailed use of Excel and is a quantitative role so an aptitude and comfort working with numbers and spreadsheets is preferred. Also, an aptitude in using systems in the completion of various Regulatory Reports is required.

Any experience of using Bloomberg would be beneficial as it is used on a regular basis.