Lead Associate - Asset Transfers

TN United Kingdom; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Lead Associate for Asset Transfers in London. This role involves managing client asset transfer requests, ensuring compliance with regulatory requirements, and leading a team to deliver exceptional service. You will work closely with clients to address their needs and improve processes while collaborating with compliance and risk functions. The company values diversity and offers flexible working options, a competitive salary, and a comprehensive benefits package, making it an exciting opportunity for professionals looking to make an impact in a dynamic environment.

Benefits

25 days holiday plus bank holidays

Flexible working options

Pension scheme up to 10% employer contribution

Income Protection & Life insurance

Employee Assistance Programme

Discounted Gym Membership

Work Abroad Policy

Additional well-being day

Option to purchase additional holiday

Qualifications

• 2+ years in Asset Transfers with understanding of settlement cycles.
• Strong knowledge of regulatory frameworks, including CASS rules.

Responsibilities

• Manage day-to-day activities of the Transfers team ensuring compliance.
• Prepare and present reports to senior management with insights.

Skills

Asset Transfers

Settlement Cycle Understanding

CREST GUI System

Cross Border Transfers

Regulatory Framework Knowledge

Excel Proficiency

Risk Management

Communication Skills

Job description

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Lead Associate - Asset Transfers, London

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Client:

Close Brothers Group

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

d54e8772600f

Job Views:

3

Posted:

08.05.2025

Expiry Date:

22.06.2025

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Job Description:

The Lead Associate - Asset Transfers will assist the Deputy Head of WBS Operations and wider Asset Servicing team in the administration and processing of client requests to transfer assets or money to or from the firm, this is to be done whilst adhering to regulatory & product specific requirements, control the administrative duties that form these areas, to ensure the service meets regulatory requirements inclusive of KYC, AML, CASS rules.

Responsibilities

• Work closely with clients to understand their transfer needs, providing solutions and ensuring their expectations are met or exceeded. Keep clients informed with regular updates throughout the asset transfer process, promptly addressing any queries or concerns they may have
• Manage the day-to-day activities of the Transfers team, ensuring a smooth transfer of assets in a timely, accurate, and compliant manner
• Ensure stock withdrawal and deposits from to/from certificates are correctly managed and in line with CASS rules
• Monitor and ensure all asset transfers adhere to internal and external policies, Service Level Agreements, regulatory requirements and best practices
• Ensure the production of any forms required relating to the transfer of assets or cash and the tracking of all open transfer instructions
• Utilise management information to track, analyse and report on transfer activities, identifying trends and opportunities for improvement
• Prepare and present regular reports to senior management, providing insightful analysis and recommendations for enhancing the asset transfer process
• Develop, maintain and enforce procedures to ensure a standardised approach to all processes and controls, including contingency plans to manage discrepancies or issues that may arise during the transfer process. Conduct post-issue analysis to identify and address the root cause
• Provide leadership, training, and guidance to the team, promoting a culture of continuous learning, improvement, and client-centricity. Foster a collaborative environment, encouraging the sharing of best practices and knowledge among team members
• Evaluate and enhance existing asset transfer processes, controls and systems to ensure optimal efficiency, accuracy, and client satisfaction. Collaborate with other departments and stakeholders to streamline asset transfer processes and improve the overall client experience
• Work in conjunction with the Compliance, Risk and Audit functions to ensure all asset transfer activities are conducted within the regulatory framework. Proactively identify, assess and mitigate risks associated with asset transfers, taking prompt corrective actions when necessary

Required Skills & Experience

• 2 years+ experience working in Asset Transfers (both domestic and foreign) with an existing understanding of the settlement cycle and how this is impacted by corporate events
• Exposure to multi asset class transfers
• Experience of the CREST GUI system
• Exposure to Altus
• Experience of cross border and international transfers
• Understanding/exposure to voluntary & mandatory corporate action events (desired)
• Working knowledge of the regulatory frameworks and requirements that apply to the business, including the CASS rules when managing client’s money or assets
• Strong Excel knowledge
• Ability to focus and commit to delivering against deadlines
• Effective and proficient communication and written skills
• Ability to maintain a strong risk management and control framework within an asset transfers environment, inclusive of the ability to identify, assess, mitigate, and monitor risks and the offsetting controls
• Competitive salary inclusive of discretionary annual bonus & annual pay review
• Work Abroad Policy for up to 15 days per year
• 25 days holiday plus bank holidays and additional well-being day
• Option to purchase an additional 5 days holiday per year
• Flexible working options available, including hybrid working
• Pension scheme up to 10% employer contribution
• Income Protection & Life insurance (4 x salary core level of cover)
• Employee Assistance Programme
• Discounted Gym Membership
• Variety of travel to work schemes

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

We appreciate that from time to time, recruitment agencies will have speculative CVs that they may wish to submit to our Talent Acquisition team in relation to a specific role.

To avoid any ambiguity around fees, please note that speculative CVs received by Close Brothers, that have not been authorised in advance, by us, will be ineligible for an agency fee. Thank you.