Fund Operations Analyst - 12 month FTC

LGT Group; London; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading company in wealth management is seeking a Fund Operations Analyst for a 12-month fixed-term contract in London. The successful candidate will support daily operations and the administration of funds, requiring a solid understanding of fund operations and investment processes. Ideally, you will have a strong capacity for analysis and process enhancement, along with excellent communication skills to engage with various stakeholders.

Qualifications

• In-depth understanding of fund operations required.
• Experience in reconciliation processes is a plus.
• Ability to work with stakeholders effectively.

Responsibilities

• Daily fund administration including cash processing and trade settlement.
• Compliance rule setup and monitoring.
• Daily reconciliations with external custodians.

Skills

Understanding of fund operations

Communication skills

Ability to work independently

Analytical thinking

Job description

Fund Operations Analyst - 12 month FTC London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Business Unit:

The Fund and Product Services Team that was created to provide ownership and support for all services relating to non-custodied investments. This includes:

• Fund Operations
• Product Management/Fund Launching
• EAM operations with banks and platforms
• Lending facilities with our parent bank
• Alternative trading solutions
• Supporting activities with pension and offshore bond providers

The Team is responsible for supporting the on boarding and maintenance of non-standard investment solutions and ensuring that such solutions meet the needs of our Front Office whilst also fitting in seamlessly with the firm’s operational infrastructure.

Brief Role Objective:

The role holder will support the Fund Operations Manager in day to day trade operations activities for the firm’s fund range, as well as support the creation and ongoing administration of new sub-funds within an existing UCITS structures as required. Knowledge around how funds function operationally including the day-to-day reconciliation and administration of the funds is essential. Working knowledge of hedged share classes and subsequent administration is desirable.

Key Responsibilities:

• Day to day fund administration of in-house managed funds including:
  • Daily cash subscription and redemption processing/monitoring
  • FX administration
  • Trade matching and confirmation
  • Trade settlement processing
  • Payment and settlement monitoring
  • Facilitating margin calls
• Monitoring upcoming events
• Manage elections
• Dividend processing
• System Data Management
  • New instrument set up
  • Manage all reference data
  • Benchmark set up
  • Dividend processing
  • Investment team queries and support
• Investment Control
  • Compliance rule set up in trading system
  • Compliance Breach Monitoring
• Daily reconciliations of the firm’s IBOR to external custodian
• Production and maintenance of policies, procedures and workflows relating to the creation and day to day maintenance of fund management
• Assist in the production of Management Information as required
• Assist in analysis and implementation of new funds as required
• Assist in project working relating to fund and EAM activity as required

Your profile

Key Skills and Technical Requirements:

• In-depth understanding of fund operations
• Working knowledge of hedged share classes desirable
• Solid understanding of Wealth Management services and the industry as a whole
• Understanding of the trade lifecycle and associated areas within investment operations
• Capacity and willingness to develop knowledge across a variety of products and services to perform the role to a competent standard.
• Technically minded with the ability to create new processes from scratch, such as analysis on service profitability and reconciliation processes.
• Experience of reconciliation processes to the standards outlined in CASS 6 and 7 would be advantageous. Alternatively, the willingness to learn processes to this standard is essential.

Other Skills and Attributes:

• Ability to work independently as well as part of a team
• Ability to generate new ideas/initiatives to promote efficiency or improve performance
• Ability to communicate effectively (written and verbally) with a wide range of stakeholders

Do you feel addressed? Then simply fill out the online application. We look forward to getting to know you.

Transparency is important to us. That is why you will find everything that matters to us on our website – plus everything you should know about us before you meet us in person, open an account or apply for a job. That includes, for example, the history of the Princely Family, which is closely intertwined with our own.