Operations Analyst - Wealth Management

Rothschild & Co; London; On-site; GBP 35,000 - 50,000; Full time

Job summary

Rothschild & Co is seeking an Operations Specialist for their UK Operations team. The role involves client and regulatory reporting tasks, ensuring compliance and quality assurance. Ideal candidates will demonstrate strong attention to detail and effective communication skills.

Qualifications

• Proven experience working collaboratively within a team.
• Ability to work to tight deadlines and under pressure.

Responsibilities

• Review reports and data for accuracy and consistency.
• Collaborate with client teams to address client queries.
• Identify and implement enhancements to reporting processes.

Skills

Team player

Attention to detail

Communication

Organisational skills

Time management

Tools

MS Excel

Outlook

Job description

Rothschild & Co is a leading global financial services group with seven generations of family control and a history of over 200 years at the centre of the world's financial markets.

Our expertise, intellectual capital and global network enable us to provide a distinct perspective that makes a meaningful difference to our clients, communities and planet.

We have 4,600 talented specialists on the ground in over 40 countries around the world, enabling us to deliver a unique global perspective across four market-leading business divisions – Global Advisory, Wealth Management, Asset Management and Five Arrows.

As a family-controlled business built on relationships, we place a huge emphasis on our people and finding the right colleagues to take our business forward.

Rothschild & Co is committed to an inclusive and supportive environment where different perspectives are valued. We are focused on the attraction and recruitment, development and retention and progression of high calibre talent to ensure we and our clients benefit from the value of difference.

At Rothschild & Co Wealth Management, we provide a comprehensive range of private wealth services to some of the world’s wealthiest and most successful families, entrepreneurs, foundations and charities. In an environment where short-term thinking often dominates, our long-term perspective to wealth management sets us apart.

Our clients are looking to preserve and grow the real value of their capital. We seek to be sensible custodians, managing our clients' money as if it were our own. Our founding family are one of the few to have successfully preserved their wealth over many generations and we aim to replicate this success for our clients.

The three largest operations within Rothschild & Co Wealth Management are: France (including Benelux), Switzerland (including Germany) and the UK.

The UK business, with on the ground operations in London, Guernsey, Manchester, Birmingham, and Leeds, focuses on discretionary investment management for wealthy families. We seek to be a long-term partner for our clients with a focus on wealth preservation and growth in real terms.

The UK business has enjoyed considerable growth and success in recent years. We have ambitious plans to serve more clients and expand the business over the coming years, whilst maintaining an atypically collaborative and collegiate culture.

Role overview:

We are looking for a suitable candidate for the role of Operations Specialist who will work within the UK Operations team of Rothschild & Co Wealth Management. The UK Operations team are responsible for client and regulatory reporting tasks. Client reporting responsibilities include the delivery of monthly and quarterly client statements, annual tax reports and costs and charges statements. Regulatory reporting requirements include MIFIR transaction reporting, EMIR reporting, CASS oversight and AML transaction monitoring.

The role is focused on some of the core tasks of the team; client reporting including client tax, AML transaction monitoring and CASS reconciliations.

Responsibilities

• Quality Assurance: Review reports and data for accuracy and consistency, ensuring they meet regulatory standards and client expectations.
• Client Communication: Collaborate with client teams to address client queries, provide explanations of report content and deliver exceptional client service.
• Process Improvement: Identify and implement enhancements to reporting processes and tools to increase efficiency and effectiveness.
• Compliance and Risk Management: Ensure processes comply with regulatory requirements and internal policies.
• Project Support: Assist in projects related to client reporting and conduct regression testing for system upgrades.
• Transaction monitoring: Reviewing and analysing client transactions to identify and escalate potential suspicious activities.
• Client money reconciliations: Overseeing the daily client money reconciliations to ensure compliance with CASS rules
• CASS breaches: Conduct investigations into CASS breaches and issues, ensuring timely resolution
• CASS audit support: Assist with annual external CASS audit and ensure all findings are addressed

Experience, Skills and Competencies Required

• Proven experience working collaboratively within a team
• Ability to work to tight deadlines and under pressure
• Good PC skills, particularly Outlook and MS Excel
• Excellent oral and written communication skills
• Diligent and high level of attention to detail even when working under pressure
• Strong organisational and time management skills to ensure internal and external Service Level Agreements are met
• Team player

Our goal is to have a balanced, inclusive and flexible environment which enables all colleagues to achieve their personal and professional aspirations, and to ensure that Rothschild & Co provides longer-term opportunities for talent.

About the company

The banking business of the firm covers the areas of investment banking, restructuring, corporate banking, private equity, asset management, and private banking.