Our fund hosting service is growing, with new funds launching and more investment managers joining us. We’re adding a Fund Compliance Advisor to our Wellington team to keep compliance, reporting and launches running smoothly as we scale.
About Adminis
Adminis provides investment administration and custody services delivered by a dynamic and experienced team using a state-of-the-art investment accounting and administration platform.
Adminis is an innovative and growing company keen to lead a step-change in the quality, efficiency, and sophistication of the financial services industry in New Zealand.
Key Responsibilities
The Fund Compliance Advisor is responsible for…
Maintaining compliance with licensing conditions
Maintaining the product compliance calendar, ensuring adherence to all regulatory reporting requirements.
Developing policies, processes and controls to support fund hosting activities, licensing conditions and new product requirements where required
Leading due diligence activities on providers and coordinating provision of due diligence information requested of Adminis
Contributing to documents for agreement with prospective Investment Managers and other parties where required
Assisting in preparing drafts of offer documents, other documents and assessments for review and agreement by Investment Committee or Supervisors
Supporting new fund launches and changes to existing funds, including updating disclosure documents, registers and the compliance calendar
Maintaining existing product disclosure materials, including identifying updates required when a PDS or other related documents need to be amended and updating the Disclose register.
Monitoring and reviewing reports and certifications from providers including Investment Managers, sub-custodians and Adminis for registry and custody services where applicable
Supporting regular reviews with Investment Managers and providers, monitoring performance against agreed obligations and following up issues
Conducting compliance control process reviews and monitoring when required
Reviewing and assessing product and marketing material for compliance with internal and regulatory requirements
Preparing reports for internal committees, including the Investment Committee and relevant Board Committees
Ensuring reports are prepared and sent to the Trustee or Supervisor of Funds issued by Adminis as needed, such as monthly reports and quarterly certificates
Completing assessments and reports required by the FMCA (Financial Markets Conduct Act) or other regulatory requirements, including the ability of Funds issued by Adminis to meet ongoing regulatory requirements
Assisting in the preparation of regulatory reporting documentation
Engaging with the Trustee/Supervisor and service providers on reporting and compliance matters
Preparing documents and forms to support investor applications and withdrawals, and working with product and technology teams to embed requirements into systems
Supporting the review and processing of applications for investment in funds, including investor due diligence, when required, and escalating exception matters
Supporting the management of investor and applicant queries and ongoing servicing requests
Responding to compliance queries from Trustee/Supervisors, registry providers, custodians and other service providers
Key Relationships
Reports to the Head of Compliance
Prepares reports for oversight committees such as the Investment Committee
Works closely with the wider fund hosting and Compliance team, Head of Operations & Custodial Services, and Investment Committee members
Interacts with investment managers, regulators, brokers, Trustees/ Supervisors, sub custodians and other administrators
Collaborates with wider Adminis team
This role would suit someone with a keen interest in and understanding of managed investment products, systems and processes, who enjoys a mix of ongoing compliance and new fund launches.
Qualifications, skills & experience
Experience within the financial services industry in New Zealand, preferably in funds management
A good understanding of financial services and investment management systems and processes.
Working knowledge of the Financial Markets Conduct Act and managed fund regulatory obligations
A relevant tertiary or post tertiary qualification
Experience in a risk or compliance role
Experience supporting the development and implementation of risk and compliance initiatives
Strong attention to detail and proofreading skills.
Strong organisation and ability to meet fixed regulatory deadlines
Clear written and verbal communication, with confidence leading engagements with Investment Managers, providers and the Trustee/Supervisor
Knowledge of compliance assurance.
Self-motivated and able to work independently.
Willingness to learn.
Keen eye for process improvement.
For more information about this role please contact us via this ad.