Around 5 years' experience in investment compliance, including implementing compliance rules, pre- and post-trade compliance monitoring, and substantial shareholding disclosures, gained within an asset manager, investment operations team, or related funds management or financial services role.
Good understanding of investment guidelines and related regulatory requirements.
Hands-on experience coding, testing, and maintaining compliance rules in at least one order management or investment compliance system such as Bloomberg AIM.
Sound knowledge of financial instruments across asset classes, including equities, fixed income, and derivatives.
Strong analytical, investigative, and problem-solving skills, with good attention to detail.
Excellent written and verbal communication skills.
Ability to manage competing priorities, work independently on day-to-day matters, and escalate appropriately.
Experience contributing to projects, control enhancements, or process improvements.
Responsibilities
Monitor portfolios against regulatory requirements, Investment Management Agreements, Product Disclosure Statements, and internal restrictions.
Provide timely support for pre-trade compliance enquiries, investigate requests, and approve or reject them accordingly.
Perform post-trade compliance monitoring, investigate breaches and exceptions, and support appropriate remediation and escalation.
Implement, maintain, and review investment compliance rules across portfolios in affiliates' Order Management Systems.
Review Investment Management Agreements and Product Disclosure Statements, interpret investment guidelines, and translate requirements into compliance monitoring rules.
Track investment guideline amendments and support timely implementation of changes.
Maintain sanctions, exclusion, and other restricted lists for portfolio management and personal trading.
Manage day-to-day substantial shareholding disclosure monitoring and reporting across relevant jurisdictions, including Australia, the UK, and Europe.
Support US filings such as 13D/13G and 13F filings.
Monitor takeover offer periods and support related dealing disclosures, such as Rule 8 of the UK Takeover Code.
Work with the global team to lodge substantial shareholding disclosures within each jurisdiction's required deadlines.
Work with internal stakeholders to maintain the accuracy of the substantial shareholding monitoring system and develop practical solutions to new or changing regulatory obligations.
Review surveillance alerts for potential market misconduct, such as insider trading and market manipulation, and escalate as appropriate.
Support enhancements to the surveillance system and monitoring processes.
Assist with implementing and maintaining controls relating to market surveillance, cross-trading, short selling, and other investment compliance risks.
Investigate compliance incidents, breaches, and regulatory reporting issues.
Support remediation plans, corrective actions, and appropriate escalation.
Assist with root-cause analysis and development of control enhancements to reduce recurrence.
Maintain clear records of incidents, decisions, and remediation actions.
Contribute to process and technology improvements that enhance the effectiveness and scalability of investment compliance monitoring and regulatory reporting.
Participate in regulatory, system, and business projects, such as Order Management System upgrades, new product launches, or mandate onboarding, ensuring investment compliance requirements are appropriately reflected.
Maintain effective working relationships with affiliated investment managers and key stakeholders.
Provide practical, risk-based investment compliance advice and support.
Support delivery of investment compliance services under relevant service arrangements.
Work closely with internal stakeholders, including Risk and Compliance, Investment Management Services, Data, Legal, and Client Services, to support effective compliance oversight and business objectives.
Identify opportunities to improve compliance processes, controls, and reporting.
Escalate complex or material compliance matters to senior team members as appropriate.
Contribute to maintaining and updating relevant policies and procedures.
Support internal and external audits, regulatory reviews, and client due diligence requests relating to investment compliance.
Promote knowledge-sharing, consistent practices, and continuous improvement across investment compliance processes.
Desired Qualifications
Experience with other regulatory reporting obligations, such as short position or over-the-counter derivatives reporting.
Sound knowledge of Australian regulatory requirements for fund managers, including the Corporations Act 2001 (Cth) and relevant ASIC regulatory guides.
Knowledge of offshore regulatory regimes affecting asset managers and investment products, such as UCITS in the UK and Europe, Collective Investment Trusts in the US, and substantial shareholding regimes in the UK, Europe, Canada, and the US.
Experience with market surveillance tools.
Tertiary qualifications in finance, economics, law, or a related area.
About Pinnacle Investment Management
Pinnacle Investment Management Group Limited (ASX:PNI) is a leading Australian-based multi-affiliate investment management firm. Our mission is to establish, grow and support a diverse stable of world-class investment management firms.
Pinnacle currently consists of nineteen investment management firms that collectively manage over A$200 billion in assets across a diverse range of asset classes. Our affiliated managers operate autonomously, in line with our philosophy that 'supported independence' is an essential ingredient in sustaining investment excellence and business resilience over the long term.
About the role
Working as part of the global investment compliance monitoring framework, the Investment Compliance Manager manages substantial shareholding disclosures across jurisdictions and supports investment compliance monitoring, market surveillance and investment risk management for Pinnacle and its affiliates, with exposures across Australia, the UK, Europe, Canada, the US and other regions. The role is responsible for day-to-day investment compliance activities, interpreting and implementing investment restrictions, investigating exceptions, ensuring substantial shareholding disclosure obligations are met and monitoring for market abuse.
What you'll do
1. Investment Compliance Monitoring
·Monitor portfolios against regulatory requirements, Investment Management Agreements (IMAs), Product Disclosure Statements (PDSs) and internal restrictions.
·Provide timely support for pre-trade compliance enquiries, investigate and approve or reject pre-trade requests accordingly.
·Perform post-trade compliance monitoring, investigate breaches and exceptions, and support appropriate remediation and escalation.
·Implement, maintain and review investment compliance rules across portfolios in the Order Management Systems (OMSs) used by affiliates.
·Review IMAs and PDSs, interpret investment guidelines and translate requirements into compliance monitoring rules.
·Track investment guideline amendments and support timely implementation of changes.
·Maintain sanctions, exclusion and other restricted lists for portfolio management and personal trading.
2. Substantial Shareholding Disclosures
·Manage day-to-day substantial shareholding disclosure monitoring and reporting across relevant jurisdictions such as Australia, the UK, and Europe.
·Support US filings such as 13D/13G and 13F filings.
·Monitor takeover offer periods and support related dealing disclosures (e.g. Rule 8 of the UK Takeover Code).
·Work with the global team to lodge substantial shareholding disclosures within the deadlines required in each jurisdiction.
·Work with internal stakeholders to maintain the accuracy of the substantial shareholding monitoring system and develop practical solutions to new or changing regulatory obligations.
3. Market Conduct & Risk Management
·Review surveillance alerts for potential market misconduct, such as insider trading and market manipulation, and escalate as appropriate.
·Support enhancements to the surveillance system and monitoring processes.
·Assist with implementing and maintaining controls relating to market surveillance, cross-trading, short selling and other investment compliance risks.
4. Incident & Breach Management
·Investigate compliance incidents, breaches and regulatory reporting issues.
·Support remediation plans, corrective actions and appropriate escalation.
·Assist with root-cause analysis and development of control enhancements to reduce recurrence.
·Maintain clear records of incidents, decisions and remediation actions.
5. Projects
·Contribute to process and technology improvements that enhance the effectiveness and scalability of investment compliance monitoring and regulatory reporting.
·Participate in regulatory, system and business projects (e.g. OMS upgrades, new product launches or mandate onboarding), ensuring investment compliance requirements are appropriately reflected.
6. Stakeholder & Affiliate Management
·Maintain effective working relationships with affiliated investment managers and key stakeholders.
·Provide practical, risk-based investment compliance advice and support.
·Support delivery of investment compliance services under relevant service arrangements.
·Work closely with internal stakeholders including Risk and Compliance, Investment Management Services (IMS), Data, Legal and Client Services to support effective compliance oversight and the delivery of business objectives.
7. Team Contribution & Capability Development
·Identify opportunities to improve compliance processes, controls and reporting.
·Escalate complex or material compliance matters to senior team members as appropriate.
·Contribute to maintaining and updating relevant policies and procedures.
·Support internal and external audits, regulatory reviews and client due diligence requests relating to investment compliance.
·Promote knowledge-sharing, consistent practices and continuous improvement across investment compliance processes.
Skills and Experience
Essential
· Around 5 years' experience in investment compliance, including implementing compliance rules, pre- and post-trade compliance monitoring and substantial shareholding disclosures, gained within an asset manager, investment operations team or a related funds management or financial services role.
·Good understanding of investment guidelines and related regulatory requirements.
·Hands-on experience coding, testing and maintaining compliance rules in at least one order management or investment compliance system such as Bloomberg AIM.
·Sound knowledge of financial instruments across asset classes, including equities, fixed income and derivatives.
·Strong analytical, investigative and problem-solving skills, with good attention to detail.
·Excellent written and verbal communication skills.
·Ability to manage competing priorities, work independently on day-to-day matters and escalate appropriately.
·Experience contributing to projects, control enhancements or process improvements.
Desirable
·Experience with other regulatory reporting obligations, such as short position or OTC derivatives reporting.
·Sound knowledge of Australian regulatory requirements for fund managers, including the Corporations Act 2001 (Cth) and relevant ASIC regulatory guides.
·Knowledge of offshore regulatory regimes affecting asset managers and investment products, such as UCITS in the UK and Europe, Collective Investment Trusts (CITs) in the US, and substantial shareholding regimes in the UK, Europe, Canada and the US.
·Experience with market surveillance tools.
· Tertiary qualifications in finance, economics, law or a related.