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Description
Operational Due Diligence Analyst
22 Bishopsgate, London - Hybrid
Permanent
At AXA IM our purpose, to act for human progress by investing for what matters, is central to every action we take as a business. As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper.
As a future Operational Due Diligence Analyst, you will report to our Senior Operational Due Diligence Analyst, and you will be part of AXA IM Prime.
DISCOVER your opportunity
The Operational Due Diligence Analyst will work within the existing Operational Due Diligence team reporting to the Head of Operational Due Diligence. This role primarily involves performing initial and ongoing monitoring reviews of the external managers, as well as performing AML screening for all investments within the AXA Prime platform. AXA Prime invests and advises in private debt, hedge fund, private equity, and infrastructure funds and strategies through their external managers team.
Your Role And Responsibilities Will Include
* Conduct operational due diligence on candidate managers and other investment partners, including:
* Management company's business operating model, organisation, staffing, legal structure
* Investment and control teams' experience and background
* Trading, trade processing, trade reconciliation processes, IT systems & cybersecurity;
* Fund valuation processes, fund administration
* Internal control, regulatory and compliance
* Written operational due diligence reports for presentation to the Investment Committee;
* Conduct operational due diligence on candidate funds, including:
* Review candidate fund legal documentation including fund legal structure and tax set-up
* Review of fund terms including subscription, redemption and expense terms
* Review candidate fund's third-party service providers - prime brokers, auditors, fund's administrator, directors
* Review of the fund audited financial statement, over a 3-year period if available;
* Conduct ongoing monitoring activities for approved Managers, including:
* Media monitoring, escalating any negative news stories pertaining to the manager or fund to the Head of ODD and Front Office Team
* Distribution and review of manager annual ODD questionnaire
* Conduct annual monitoring reviews with invested managers to ensure risk profile of the manager has not changed since the last ODD review
* Review of the fund's most recent audited financial statement
* Written updated operational due diligence reports for presentation to the Investment Committee;
* Conduct AML/CTF due diligence of manager and fund, including:
* Identification of Manager and Fund UBO or, if unavailable, the SMO
* Conducting WorldCheck screening of manager and fund entities, as well as UBO/SMO
* Assigning AML risk ratings based on the Compliance Matrix
* Preparing AML reports and submitting additional data to global AML screening programs;
* Other Operational Due Diligence responsibilities, including:
* Maintain and update the CeNTRL ODD system to ensure all data and documentation remain accurate and current
* Assess and advise on corporate actions of the underlying AXA funds
* Assist with ad-hoc projects as required
Qualifications
SHARE your unique expertise
Your Qualifications And Experience
We welcome different combinations of skills & experiences.
* University graduate in finance, accounting, economics, business, or law; or equivalent professional experience
* Experience in ODD, investment operations, compliance, or risk management.
* Exposure to both private markets and hedge fund structures and strategies
* Basic familiarity with financial statement review in a fund context
* Experience working with data management tools or due diligence platforms.
Your Knowledge And Skills
* Understanding of both private markets and hedge fund structures, strategies, and operational functions
* Basic knowledge of regulatory requirements impacting both private markets and hedge fund managers, including AIFMD, SEC, and FCA rules
* Familiarity with ODD processes, including document review, DDQ analysis, document analysis, and conducting due diligence meetings either on-site or via video conference
* Ability to analyse and interpret fund financial statements, particularly income statements and balance sheets, to assess AUM development, review operational expenses, and identify other potential financial risks
* Awareness of core operational risk areas such as governance, compliance, trade processing, valuation, and service provider oversight.
* Ability to use ODD platforms and data management tools
* Proficiency in Microsoft Excel, Word, and PowerPoint.
* Strong attention to detail with the ability to spot inconsistencies and data gaps
* Analytical thinking with a methodical approach to problem-solving
* Clear and concise written and verbal communication skills
* Ability to manage multiple task and deadlines in a fast-paced environment
* Professionalism and discretion in handling sensitive and confidential information
* Proactive mindset with willingness to learn and adapt to evolving processes
* Collaborative approach, able to work effectively within a small team and across different functions.
We would love to know more about you. Let's connect Send us your resume.