We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G’s ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

Job Title: Senior Manager - Global Controls, Monitoring & Assurance

Job Function: Controls Office

Sub Function: Controls Monitoring

Location: Mumbai

Key Responsibilities

• Candidates for techno-functional roles must possess extensive knowledge of the asset management domain, coupled with technical proficiency in SQL/BQL languages.

• Understanding of client mandates, IMAs, Fund Guidelines and Retail product documentation

• Address compliance alerts/warnings (Pre-Trade & Overnight compliance) related to trading strategies and the application of technology related or manual controls created and applied during this process

• Perform review of portfolio transactions and monitor compliance investment restrictions as they apply to holdings and transactions, identifying breaches and following up with relevant stakeholders to ensure rectification.

• Investigate a wide array of trade surveillance activities, including trade allocations and sequencing, market abuse practices, trade violations, and market surveillance techniques. Focus areas will primarily encompass methods such as front running, price ramping, wash trades, market price manipulation, and cross-market surveillance. In doing so, you will establish robust risk controls within each model. Additionally, you will monitor human trading activity to detect any instances of trading with material non-public information.

• Strong understanding of ESG guidelines and sustainability frameworks

• Additionally, you’ll conduct thorough analysis on the fundamental research data collected by the trading groups through their interactions with external industry experts/consultants around various market sectors to avoid potential trading while in possession of material non-public information. You’ll review reports relating to trading activities to assist the firm in meeting its regulator obligations

• Should be well versed with prevailing UK Regulations like – UCITS/ MIFID/ EMIR/ AIFMD/ ISDA/ FCA Conduct rules

• Able to provide a four-eye check on all BAU activities.

• Excellent technical knowledge on SQL/ BQL language

• Asset management domain knowledge on Trade cycle of Equities, Fixed Income, Derivative, FoF, Structure products, Multi-Asset products

• Identify and manage risks and ensure that adequate control processes exist and operate effectively. Ability to interpret technical investment, legal and regulatory language in guideline documents

• Strong knowledge of Aladdin rule coding & BQL, including functional and data requirement

• Strong data analysis skills

• Understanding of control standards and testing methodologies

• Deep expertise in using and configuring Aladdin Dashboard, Trade Entry, CWB

• Expertise in Aladdin data extraction using Aladdin View, Explore, GP and ATX

• Ability to understand and interpret rule naming and coding to enable effective investigation of rules

• Expert understanding of portfolio strategies and guidelines

• Strong excel and data analysis skills for running non-Aladdin control oversight

• Ability to identify and report data and performance issues causing false positive alerts

• Ability to identify and propose automation opportunities for non-Aladdin controls

• Advanced data analysis and excel skills

• Experiencing using ATX and building custom solutions using Aladdin data add-ins

• Ability to understand, adhere to and perform against detailed KPIs

• Conduct training of relevant staff including Front Office and Investment Compliance staff;

• Liaising and working with BlackRock Solutions (BRS) on Aladdin issues and requirements; maintaining the coding approvers table

• Provide support to the Fund Managers on queries relating to pre and post trade rules and exceptions.

• Investigation of real-time pre trade and daily violations generated to mitigate risk and ascertain the reason for any breaches / exceptions;

• Identify and manage risks and ensure that adequate control processes exist and operate effectively.

• Conduct training of relevant staff including Front Office and Investment Compliance staff;

• Offer comprehensive support to Fund Managers by addressing queries related to pre-trade and post-trade rules and exceptions, ensuring clarity and compliance in trading activities.

Technical Expertise:

• Relevant technical certification on SQL and VB Script language

• Expertise in process management to oversee the operational delivery of the trade surveillance sub-function.

• Through understanding of Bloomberg/ Reuters application usage

• Microsoft Office (Excel, Word, PowerPoint etc) skills

• Microsoft Power BI Apps

Experience:

• Experience in investment / Mandate / portfolio compliance monitoring within BUY side firms

• Experience of using investment guideline monitoring systems for pre and post-trade monitoring, escalation of investment guideline breaches and commenting on guideline violation reasons within the compliance monitoring system.

• Understanding and strong interpretation of Fund prospectus and IMA documentation

• Excellent partnership and stakeholder management skills as well as build strong relationships and work collaboratively with teams across the business

• Experience of liaising, influencing and negotiating effectively with all internal and external parties and stakeholders

Educational Qualification:

• Master’s Degree level in Finance/ Mathematics/ Economics

• CFA Qualification will be an added advantage

• FRM Certification will be desirable

• Relevant IOC or Investment Management qualification / Certification would be desirable.

• Technical certifications like SQL and VB

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.