Collectives Dealer

AJ Bell; Greater London; Hybrid; GBP 32,000 - 39,000; Full time

Benefits offered by this job

Salary from £35,000 per year

25 days holiday

6% Pension with matched contributions

Discretionary bonus

Share schemes

Health Cash Plan

Private healthcare

Free onsite gym

Enhanced family leave

Travel and bike loan schemes

Employee Assistance Programme

Job summary

AJ Bell is seeking a Trade Operations professional to keep fund trades moving accurately, placing and contracting trades on time and within SLAs. You will monitor dealing channels and support currency fund trading.

You will investigate exceptions, resolve discrepancies, and collaborate across teams to ensure the trade lifecycle from setup to settlement runs smoothly. Strong numerical skills and attention to detail are essential, with a good command of Excel.

Qualifications

• Experience in front-office or middle-office investment operations.
• Experience with Collective Investment Schemes or fund trading lifecycle.
• Strong numerical skills and high attention to detail.
• Ability to manage competing priorities and meet deadlines.
• Proficiency in Excel for data analysis and reporting.

Responsibilities

• Keep fund trades moving accurately and contracting within deadlines and SLAs.
• Monitor STP dealing channels; handle manual trades and exceptions.
• Investigate and resolve dealing and operational queries.
• Support settlement activities and the wider trade lifecycle from set-up to settlement.
• Contribute to process improvements and cross-team collaboration.

Skills

Front-office experience

Middle-office experience

Attention to detail

Prioritisation

Numerical skills

Communication skills

Tools

Excel

Trade systems

Job description

What you'll do

Keep trades moving accurately

You'll play a key role in making sure fund trades are placed and contracted correctly, meeting the deadlines and service levels that our customers and clients rely on.

• Monitor STP dealing channels and manage trades requiring manual placement or exception handling.
• Ensure fund trades are placed accurately and within relevant fund cut-off times and service levels.
• Complete trade contracting accurately and within agreed SLAs.
• Process trade amendments accurately and promptly.
• Process Private Placing trades in line with relevant procedures and regulatory requirements.
• Process FX transactions to support currency fund trading and internal trade requirements.

Investigate and resolve exceptions

When something doesn't look right, you'll investigate the issue, work with the right people to understand what has happened and take ownership through to resolution.

• Investigate and resolve dealing and operational queries, taking ownership through to resolution.
• Monitor daily reconciliations, investigate breaks and ensure these are resolved within agreed timescales.
• Work with external counterparties including fund providers, authorised corporate directors, transfer agents, Clearstream, Aegon, EMX and Calastone.

Work across the investment operations journey

You'll collaborate across teams to make sure the wider trade lifecycle works effectively, from fund set-up and pricing through to settlement.

• Work closely with our Platform Investments team to ensure funds are set up correctly, with accurate pricing and static data.
• Support the Market Settlements team with the timely settlement of fund orders.
• Deliver a consistently high standard of service to internal and external customers.

Help us improve how we work

You'll contribute beyond day-to-day dealing, helping the team improve its processes, systems and ability to maintain a high standard of service.

• Support system testing, process improvements and operational change across the team.
• Provide cover across the wider team where required to maintain service levels.

What we're looking for

We're looking for someone with a good understanding of collective investments and the trade lifecycle, combined with the accuracy, judgement and ownership needed to work in a fast-moving operational environment.

• At least one year’s experience within a front-office, middle-office or similar investment operations environment.
• Experience of processing or dealing in Collective Investment Schemes.
• A good working knowledge of collective investments and the associated trade lifecycle.
• Experience of working to fund cut-off times, operational deadlines and service levels.
• Strong numerical skills and excellent attention to detail.
• Confidence investigating discrepancies and resolving operational issues.
• Good Excel skills, with the ability to analyse and interpret operational data.
• Strong written and verbal communication skills.
• The ability to manage competing priorities while maintaining accuracy.

Experience working with custody clients, fund providers, transfer agents or dealing counterparties would be advantageous, as would exposure to STP dealing, trade contracting, reconciliations, exception management or systems testing.

About AJ Bell

At AJ Bell, we believe investing should feel good. Whether you're looking for an ISA, pension or dealing account, whether you want to invest with the help of a financial adviser or do it yourself, we have easy-to-use solutions to suit people from all walks of life.

We're one of the UK's fastest-growing investment platform businesses, trusted by everyone from professional financial advisers to first-time investors.

Today, over 762,000customers trust us to manage more than £121.5billion of assets. By continually striving to make investing simpler and more accessible, we're helping more people take control of their financial futures.

Behind that experience is a huge amount of operational expertise. From placing and contracting trades to resolving exceptions and supporting settlement, our teams help make sure customers' investments keep moving as they should.

We're proud to be recognised as a Great Place to Work for the past two years, building on six consecutive years as one of the UK's Best 100 Companies to Work For. It's recognition we're proud of and a reflection of the supportive and collaborative culture we strive to create for our people.

What we offer

• Salaryfrom £35,000
• 25 days holiday, increasing with service + buy/sell scheme + bank holidays
• 6% Pension with matched contributions
• Discretionary bonus scheme
• Share schemes (including free shares and BAYE)
• Health Cash Plan and discounted private healthcare
• Free onsite gym
• Enhanced family leave (subject to qualifying criteria)
• Travel and bike loan schemes
• Employee Assistance Programme

Life at AJ Bell

• Regular social events including summer and Christmas parties
• Learning and development opportunities tailored to you
• Casual dress code
• Friendly, supportive team environment

Our ways of working

We offer hybrid working, with a minimum of50% of your working time per monthspent in the office.

For new starters,there’san initialperiod of full-time office working to help you settle in and build relationships.

Inclusion & diversity

We’recommitted to creating an inclusive environment where everyone feels respected and able to be themselves at work.

We welcome applications from all backgrounds and make hiring decisions based on skills,experienceand potential.

Your application, reviewed by people

We believe great hiring starts with people. That's why every application is reviewed by a member of our Recruitment team, rather than screened by AI. It may take us a few days to get back to you, but please be assured that your application will be given the time and attention it deserves.

Agency information

This vacancy is being managed exclusively by our in-house Recruitment team. We are not partnering with recruitment agencies on this opportunity and will only accept applications submitted directly by candidates.