Investment Compliance Associate

Victory Capital•Boston, MA

About The Position

The Investment Compliance Associate supports compliance professionals within Victory Capital Management’s Legal and Compliance department. The role assists with regulatory oversight and trade compliance activities, including daily monitoring, rule implementation, client onboarding, and escalation procedures, ensuring alignment with regulatory requirements, client guidelines, and internal policies and procedures. The associate collaborates with portfolio management, operations, legal, and sales, and receives cross-training in select non-core compliance functions to support broader department initiatives.

Requirements

2–4 years of experience in portfolio compliance or a related financial services compliance role.
Experience with compliance monitoring systems, particularly Charles River (CRD), and demonstrated knowledge of trade order management workflows.
Ability to understand and apply regulatory concepts and communicate clearly with senior members of the firm.
Experience interpreting and coding UCITS rules, reviewing client IMAs, and conducting new account onboarding from a portfolio trade compliance perspective.
Experience with global ESG frameworks and their application to SFDR investment processes.
Working knowledge of Investment Company Act of 1940 requirements, UCITS guidelines, CSSF regulations, and other applicable U.S. and international regulations governing trading and investment adviser activities.
Knowledge and experience with asset classes including equities, swaps, futures, Exchange Linked Notes (ELNs), asset-backed securities, and insurance-linked securities.
Bachelor’s degree or above in a relevant field.

Responsibilities

Support daily monitoring of pre- and post-trade activity across multiple asset classes and account types under manager supervision.
Help maintain the portfolio trade compliance program by coding, testing, and managing rules within Charles River (CRD), with oversight.
Interpret client and prospectus guidelines, code rules, and support adherence to regulatory standards and regulations, including the Investment Company Act of 1940, UCITS Directives, and CSSF requirements.
Conduct initial reviews of potential active and passive UCITS breaches, document findings, coordinate with portfolio managers, and escalate complex issues to senior team members or management for remediation.
Assist with preparing incident reports and client reporting activities.
Support new account onboarding, including interpretation of client guidelines, rule analysis and coding, and coordination with portfolio management, legal, and operations teams.
Perform trade compliance testing and validation to support client certification and regulatory reporting requirements.
Participate in planning and executing portfolio compliance rule library migrations under management direction.
Collaborate with portfolio management, operations, legal, and sales, and support broader departmental initiatives through cross-training in select non-core compliance functions.