Fund Operations Associate

ABL Recruitment; England; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A leading recruitment agency is seeking a candidate for a Fund Operations role in a fast-growing Multi Family Office in London. The ideal applicant will have over a year of relevant experience and expertise in fund operations, trade reconciliation, and portfolio management. Strong English communication skills are essential. The position offers a hybrid work model, promoting career advancement in a dynamic environment.

Qualifications

• 1+ years of experience in fund operations, trade reconciliation, and model portfolio management.
• Ability to work independently while being a reliable first point of contact.
• Strong English communication skills, proficiency in Chinese is a plus.
• Keen attention to detail and ability to work within tight timelines.
• Ability to understand complex information and communicate effectively.

Responsibilities

• Work with trade execution team and carry out trade reconciliation.
• Liaise with stakeholders related to fund operations and perform NAV calculations.
• Support client-related operational tasks with private banks and custodians.
• Handle investment account opening, client onboarding, and performance reporting.

Skills

Experience in fund operations

Trade reconciliation

Detail orientation

Problem-solving skills

Strong communication skills

Chinese (nice-to-have)

Job description

This range is provided by ABL Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from ABL Recruitment

Employment Type: Full Time, Hybrid (2 days WFH)

Industry: Investment and Fund Operations / Administration

Are you looking for the opportunity to advance your career in a fast-growing Multi Family Office in Central London? Our client is boosting their Investment Operations team to improve efficiency and innovate the investment offering. The role requires some experience in this field and genuine interest in fund/portfolio management as it carries significant potential for career progression in the short and longer term.

The Opportunity

The successful candidate will likely have a very broad exposure to all aspects of running a business, from financial products, dealing, operations to compliance and regulatory responsibilities. The right candidate will join a business in the ascendancy, with the opportunity to take on more responsibility, seniority and even influence the investment offering.

About the Company

Our client has seen rapid growth since being founded in 2022. The principals have combined their experience in multinational private banks with an independent boutique experience, but the firm has a truly global mindset. It provides wealth structuring and discretionary investment management services, including managing its own funds, to its international client base of UHNW families.

Culture

The company ethos is built on a ‘people first’ approach to looking after clients and its people. Everyone is encouraged to take ownership of their role and their development. The supportive culture, which includes structured development plans and mentorship, promotes collaboration and self-initiative, so that everyone feels valued and has a forum to contribute and grow.

Key Responsibilities

• Investment Operations: Work with and back-up the trade execution team, carry out trade reconciliation (confirmation, positions and charges across individual clients and portfolios), model portfolio trading and rebalancing. Download and validate reports and trade data from custodian and trading platforms. Manage error recognition and resolution.
• Fund Operations & Administration: Liaise with fund administrators, fund directors, auditors, banks, prime brokers, counsels, and other stakeholders related to fund operations. Carry out NAV calculations accounting for subscriptions, redemptions and transfers.
• Private Banking & Custodianship: Work closely with private banks and custodians to support client-related operational tasks.
• Wealth Management Operations: Investment account opening and funding, client onboarding, performance reporting, meeting minute-taking and ad-hoc problem-solving.

Candidate Requirements

• Experience: 1+ years of experience in fund operations, trade reconciliation, model portfolio management and rebalancing. Strong understanding of the different actors that make up the investment and fund management eco‑system is important.
• Independence: Ability to work independently and reliably, often serving as the first point of contact for the tasks mentioned.
• Communication Skills: Strong English communication skills are essential, with proficiency in Chinese being a plus (but not a requirement).
• Attention to Detail: Must have a keen eye for detail and the ability to work accurately and efficiently within tight timelines.
• Problem‑Solving Skills: Ability to understand complex information, take instructions, ask clarifying questions, and communicate effectively with all stakeholders.
• Personal Qualities: Inquisitive, trustworthy, reliable, tenacious, resilient, and thorough.