Trade Compliance Specialist

We are seeking a highly motivated and detail-oriented Trade & Portfolio Compliance Officer to join our Compliance Team at Mediolanum International - Ireland.

The successful candidate will be responsible for ensuring the firm's compliance with applicable regulatory requirements under its associated authorizations. This involves undertaking various tasks, including supporting the trading and investments teams, market abuse controls, review of operational procedures, and ad hoc projects or business initiatives such as system developments or improvements.

As part of the Trade and Portfolio Compliance Team, the candidate will interact with all business teams, particularly the investment, trading, and ESG teams, and represent the Irish operations to the Mediolanum Compliance Group.

The ideal candidate will be comfortable working in a fast-paced and dynamic environment and will have already gained experience in regulatory and compliance frameworks. This is an excellent opportunity to gain a rapid understanding of compliance obligations and activities as they relate to aspects of our different business lines, as well as be part of a growing team implementing our compliance strategy and philosophy across the organisation.

• Support the Head of Compliance to implement and manage the compliance plan and framework to ensure compliance with regulatory obligations (including UCITS, AIFMD, MIFID II, SFDR, MAR, Outsourcing requirements).
• Interpret, draft, codify, test, and execute the compliance rules into the Trade Compliance System, FusionInvest, including ownership, participation, and testing in respect of any new system developments.
• Monitor and resolve pre and post trade's investment portfolio exception reporting from FusionInvest and collaborate with relevant stakeholders as required for resolution.
• Perform ongoing compliance monitoring and surveillance activities associated with ensuring trade compliance, including Market Abuse & Surveillance monitoring, Monitoring for Best Execution, and second line ESG monitoring.
• Analyse regulatory and legislative developments related to funds compliance as identified or allocated and assess their applicability and impact on the business.
• Advise the business on funds compliance matters and the internal control environment to manage funds compliance risks (e.g., investment breaches, market abuse, best execution, greenwashing).
• Perform, coordinate, and review initial and ongoing oversight and due diligence of outsourced service providers as required as part of the wider business outsourcing framework.
• Assist in the development and implementation of appropriate policies, procedures, and practices to meet existing and upcoming regulatory requirements.
• Assist in the preparation of funds compliance reporting to senior stakeholders including internal committees, the Board of Directors, Mediolanum Group committees, and IPM clients as appropriate.
• Provide training to the business on regulatory compliance risks and internal control frameworks.
• Assist the team to promote a culture of compliance throughout the business.

Key Responsibilities:

• Ensuring regulatory compliance across various business lines.
• Implementing and managing the compliance plan and framework.
• Monitoring and resolving exceptions in investment portfolio reporting.
• Ongoing compliance monitoring and surveillance activities.
• Advising the business on funds compliance matters.
• Coordinating and reviewing oversight and due diligence of outsourced service providers.

Requirements:

• Relevant 3rd Level Degree in a relevant field such as Business, Finance, Law, Compliance.
• Previous experience within trade compliance or experience in a Depositary/Trustee position.
• In-depth knowledge of the UCITS, AIFMD, SFDR, and Market Abuse rules as well as the general regulatory environment as it pertains to Irish Financial services companies.
• Experience in conducting pre/post trade investment compliance is a distinct advantage.
• A formal qualification in Compliance is desirable.
• Understanding of using PowerBi and/or SQL/VBA is desirable.