Fund Accountant

Barclays UK; Glasgow; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a meticulous Fund Accountant to enhance its Private Banking Wealth Management team. This role involves overseeing fund administration activities, ensuring compliance with service level agreements, and maintaining high standards in financial reporting. You will leverage your analytical skills and in-depth knowledge of investment products to drive operational efficiency and support client relations. Join a dynamic environment where your contributions will shape the future of wealth management services and foster continuous improvement. If you're ready to take on a challenging yet rewarding position, this opportunity is for you.

Qualifications

• Demonstrated ability to perform key controls on fund administration.
• Strong analytical and communication skills are essential for success.

Responsibilities

• Support day-to-day processing and issue resolution for Private Banking.
• Collaborate with teams to align Private Bank and Wealth Management processes.

Skills

Analytical Skills

Communication Skills

Attention to Detail

Adaptability

Knowledge of Investment Products

Excel Proficiency

Education

CISI Certification (Part-Qualified)

Tools

Excel

Job description

Join us as a Fund Accountant at Barclays, to support Private Banking Wealth Management in overseeing the fund administration activities completed by a Third Party Administrator (TPA) which captures all fund accounting, transfer agency and custody functions. The role holder will ensure that the supplier is adhering to the terms of the SLA and meeting KPI requirements, reviewing, reporting and resolving any subsequent issues identified.

To be successful as a Fund Accountant, you should demonstrate:

• Ability to perform a number of key controls on the functions carried out by the TPA including: publication of daily NAV, cash flows, financial statements review, fund launches, mergers, liquidations, etc.

• Strong analytical skills with attention to detail.

• Effective communication and interpersonal skills with internal and external stakeholders.

• Adaptability and resilience.

• In-depth knowledge of investment products, including equities, bonds, funds and derivatives.

• Proficiency in Excel, including experience with PivotTables, VLOOKUP and Macros.

• Part-qualified with a CISI certification.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in Glasgow.

Purpose of the role

To support PBWM with day-to-day processing, reviewing, reporting, and issue resolution.

Accountabilities

• Support with day-to-day Private Bank and Wealth Management initiatives including processing, reviewing, reporting, and issue resolution with regards to accounts, products and services.
• Support the management of the banks client relations to clearly identify their needs and provide a service that meets expectations.
• Collaboration with teams across the bank to align and integrate Private Bank and Wealth Management processes.
• Identification of areas for improvement and providing recommendations for change in Private Bank and Wealth Management processes.
• Development and implementation of Private Bank and Wealth Management procedures and controls to mitigate risks and maintain operational efficiency.
• Development of reports and presentations on Private Bank and Wealth Management performance and communicate findings to internal senior stakeholders.
• Identification of industry trends and developments to implement best practice in Private Bank and Wealth Management Services.
• Participation in projects and initiatives to improve Private Bank and Wealth Management efficiency and effectiveness.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your workand areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.