Reconciliation Analyst - 12 month contract

Schroders; Horsham; On-site; GBP 35,000 - 55,000; Full time

Job summary

Schroders in Horsham is seeking an Operations Analyst to ensure the integrity of custody and cash position data and to complete reconciliation, investigation and allocation of breaks in cash and securities. You will work with multiple operational teams to investigate and resolve breaks and track issues to resolution.

You will thrive in a fast-paced environment with deadlines and a strong interest in learning and applying technology.

Qualifications

• Broad experience in asset or wealth management operations, specifically Securities Administration and reconciliation.
• Investment Operations Certificate (IOC) or equivalent.
• Strong attention to detail.
• Able to analyse and solve problems.
• Experience using Temenos platform (T24) desirable.
• Experience using Smart Stream Corona.
• Intermediate experience of Microsoft applications, including Outlook, Word, Excel and PowerPoint.

Responsibilities

• Accountable for allocated portfolios, proactive investigation and timely follow up of queries arising from internal stakeholders, clients, counterparties, custodians and administrators
• Perform custody transaction and position reconciliation against internal records
• Maintain ownership of daily cash and stock breaks by conducting investigation on differences, and monitoring through timely resolution with processing teams and custodians/administrators
• Validate and update internal records with relevant transactions, such as fees and income
• Daily reconciliation of Treasury trade confirmation
• Requesting statements of holdings and balances from custodians and fund transfer agents
• Managing the accuracy and continuity of data within the supported systems
• Work through high volumes, prioritise, and manage workload according to risk or deadlines
• Escalate potential problems before they become a risk
• Meet all deadlines and ensure procedures and controls are fully implemented
• Assist reviewing and update procedures, implement improvements and enforce stringent controls
• Escalate potential problems before they become a risk
• Meet the needs of our business partners and internal clients establishing and maintaining strong working relationships with internal functions and external counterparts
• Contribute to department initiatives and projects.

Skills

Attention to detail

Analytical thinking

Problem solving

Communication skills

Team collaboration

Education

Investment Operations Certificate (IOC) or equivalent

Tools

Temenos T24

Smart Stream Corona

Microsoft Office

Excel

Job description

Who we're looking for

Within this role you will work to ensure the integrity of custody and cash position data and the complete reconciliation, investigation and allocation of all breaks in cash and securities.

You will also liaise with an array of operational teams to ensure that breaks are investigated and resolved and that issues are tracked to resolution.

You will thrive in a fast-paced environment with an emphasis on meeting tight deadlines and a strong interest in learning and harnessing technology.

Your experience will allow you to independently carry out processes, whilst also working with the team, as well as challenge current processes to ensure continuous development by helping create and implement enhancements to processes / systems.

About Us

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

The base

At Schroders, we're known for doing things differently. That's why we’re building a home for the ambitious in Horsham, West Sussex. You’ll get the all the benefits of being part of a world-leading asset manager. But you’ll also get the support of being part of a genuine local community. If you’re looking for opportunities that match your ambitions, you’ll find them right here in Horsham.

What you'll do

• Accountable for allocated portfolios, proactive investigation and timely follow up of queries arising from internal stakeholders, clients, counterparties, custodians and administrators
• Perform custody transaction and position reconciliation against internal records
• Maintain ownership of daily cash and stock breaks by conducting investigation on differences, and monitoring through timely resolution with processing teams and custodians/administrators
• Validate and update internal records with relevant transactions, such as fees and income
• Daily reconciliation of Treasury trade confirmation
• Requesting statements of holdings and balances from custodians and fund transfer agents
• Managing the accuracy and continuity of data within the supported systems
• Work through high volumes, prioritise, and manage workload according to risk or deadlines
• Escalate potential problems before they become a risk
• Meet all deadlines and ensure procedures and controls are fully implemented
• Assist reviewing and update procedures, implement improvements and enforce stringent controls
• Escalate potential problems before they become a risk
• Meet the needs of our business partners and internal clients establishing and maintaining strong working relationships with internal functions and external counterparts
• Contribute to department initiatives and projects.

The knowledge, experience and qualifications you need

• Broad experience in asset or wealth management operations, specifically Securities Administration and reconciliation;
• Investment Operations Certificate (IOC) or equivalent;
• A strong attention to detail is required;
• Good at analysing and solving problems;
• Experience in using Temenos platform (T24) desirable;
• Experience is using Smart Stream Corona;
• Intermediate experience of Microsoft applications, including Outlook, Word, Excel and PowerPoint;

The knowledge, experience and qualifications that’ll help

• Focused on clients and delivery, taking ownership of tasks and seeing them through to completion;
• Dedicated to your role, the success of the team and business through a proactive approach to ensure a positive client experience;
• Excellent time management, recognising the importance of being punctual to support team reliability and productivity;
• A strong collaborator and a good communicator with people skills who takes a wider interest in other activities on the team and business, offering support wherever possible;
• Open to feedback, receptive to change, continually looks out for team and self improvement opportunities.
• Able to navigate through change and maintain an innovative culture.

We Recognise Potential, Whoever You Are

Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.