Investment Compliance - Senior Manager

Who we are looking for:

We are seeking a seasoned compliance professional with a strong understanding of investment company (Mutual Fund) regulatory and operational frameworks. The ideal candidate can provide end-to-end support to investment compliance teams by delivering actionable insights into a fund’s ability to comply with:

• SEC (Securities and Exchange Commission) regulatory requirements, and
• Investment restrictions outlined in the fund’s Prospectus or Statement of Additional Information (SAI).

You should bring a balanced combination of subject matter expertise, operational leadership, critical thinking, and innovation to help us scale, optimize, and enhance client experience across compliance operations.

Why this role is important to us:

The team you will be joining is a part of State Street Corporation, one of the world’s leading providers of financial services to institutional investors, including investment servicing, investment management, and investment research and trading. State Street operates in more than 100 geographic markets worldwide, including the U.S., Canada, Europe, the Middle East, and Asia. For more information, visit State Street’s website at www.statestreet.com.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What You Will Be Responsible For

As an Officer in the Investment Compliance Operations team, you will play a pivotal role in ensuring client portfolios adhere to regulatory and mandate-driven guidelines. You will combine deep subject matter expertise with operational leadership to drive quality, efficiency, and scalability in our service delivery. Your key responsibilities will include:

• Client Onboarding
  • Interpret client prospectuses/investment mandates to extract compliance rules.
  • Create and validate the compliance rule matrix for onboarding into the compliance system (e.g., CRIMS).
  • Liaise directly with clients to obtain missing or clarifying data for rule creation.
• Compliance Rule Maintenance
  • Perform annual and ad-hoc reviews of the compliance matrix by comparing current rules with updated prospectuses/SAIs.
  • Collaborate with the rule coding team to maintain and enhance rule accuracy in the compliance platform.
• Subject Matter Expertise & Query Resolution
  • Provide expert-level guidance on investment compliance matters to internal and external stakeholders.
  • Investigate and respond to complex queries from compliance reporting teams to ensure alignment with investment guidelines.
  • Offer interpretation support on nuanced topics like Derivative Coverage Testing, CFTC testing, and IRC guidelines.
• Process Improvement & Risk Mitigation
  • Identify operational risks and recommend improvements to ensure robustness, efficiency, and scalability.
  • Continuously evaluate and enhance Standard Operating Procedures (SOPs) to align with best practices.
• Team Management & Oversight
  • Lead, coach, and guide a team of compliance analysts. Ensure timely delivery of daily BAU tasks and ad-hoc client requests.
  • Provide regular feedback and support individual development goals and team performance.
  • Result-oriented with an ownership and accountability mindset
  • Commercial acumen - Understanding of cost/budgets
  • Drive pay for performance and culture of performance differentiation
  • Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally
  • Embed risk excellence culture across the teams
  • Encourage and drive a culture of change and ideation

• Client Experience & Reporting Quality
  • Ensure accurate and timely delivery of daily and monthly compliance reporting to clients.
  • Drive initiatives that enhance the client experience through streamlined reporting and proactive communication.
  • Support onboarding of new clients or products, ensuring operational readiness and oversight continuity.

• Project & Initiative Participation
  • Represent the Investment Compliance function in cross-functional projects and committees.
  • Contribute to transformation efforts by bringing out-of-the-box thinking to build scalable and tech-enabled solutions.

What We Value

The ideal candidate will bring:

• Proven subject matter expertise in investment compliance, including interpretation of investment mandates and regulatory requirements.
• Deep familiarity with the U.S. Investment Companies Act of 1940 or UCITS regulations.
• Ability to think critically, simplify complexity, and drive process transformation.
• Strong client-centric mindset with the ability to enhance client interactions and service quality.
• Excellent written and verbal communication, interpersonal, and collaboration skills.
• Advanced analytical abilities and proficiency in Microsoft Excel.
• Strong organizational and time management skills; detail-oriented and deadline-driven.
• Result-oriented with an ownership and accountability mindset
• Commercial acumen - Understanding of cost/budgets
• Drive pay for performance and culture of performance differentiation
• Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally
• Embed risk excellence culture across the teams
• Encourage and drive a culture of change and ideation

Education & Preferred Qualifications

• University degree in Finance, Accounting, Economics, or related field.
• Minimum of 9 years of experience in Fund Administration or related investment compliance roles.
• Prior experience with investment compliance monitoring or rule coding (pre-trade or post-trade) is required.
• Exposure to CRIMS (Charles River Investment Management System) is highly desirable; experience in rule coding within CRIMS is a strong advantage.
• Pursuit or completion of certifications like CFA, FRM, or CISI is a plus, but not mandatory.

Secondary Skills (Good to Have)

• Hands-on experience with Charles River Development (CRD) platform.
• Basic proficiency in Alteryx/Power query for automating reports or checks.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Discover more at StateStreet.com/careers