Trainee Fee Analyst

LGT Crestone Wealth Management Limited; City of Edinburgh; On-site; GBP 32,000 - 42,000; Full time

Job summary

LGT Wealth Management UK LLP, with a presence in Edinburgh, is seeking a Senior Fee Analyst to support end-to-end fee processing and data accuracy. You will work with the Senior Fee Analyst to manage quarterly fee processes, data amendments, and ad-hoc client fees within established SOPs.

The role requires strong numeracy, Excel and MS Office skills, and experience in Wealth Management data entry/maintenance.

Qualifications

• Bachelor’s degree in accounting, finance or related field, or equivalent work experience
• Wealth Management data entry and maintenance experience in Operations/Finance
• Highly numerate with strong analytical and problem-solving skills
• Excellent verbal and written communication and time management abilities

Responsibilities

• Process end-to-end operational fee data each quarter
• Manage fee data amendment requests
• Process ad-hoc client fees per standard operating procedure
• Coordinate with internal teams to ensure data accuracy
• Monitor data to identify incorrect fee set-ups
• Identify fees detrimental to clients (i.e. above our standard rate)
• Monitor MI to ensure staff account fees align with policy
• Support the discount/fee holiday approval process for new and existing clients
• Maintain the discount register and quarterly reviews with Heads
• Maintain client fee schedules for accuracy and adherence to guidelines
• Own and maintain stakeholder materials on the intranet
• Develop SME understanding of the function and drive improvements
• Assist IT/Project teams with testing data for Figaro releases and changes

Skills

Excel

MS Office

Data analysis

Education

Bachelor’s degree in accounting/finance

Tools

Figaro

Job description

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, Bristol and Manchester. 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 £30 billion in funds under management and circa 700 staff.

Job Description

Key Responsibilities:

• Support the Senior Fee Analyst by processing the end-to-end operational fee process each quarter
• Monitor and work with the Senior Fee Analyst to manage the process for all fee data amendment requests
• Support the Senior Fee Analyst to process ad-hoc client fees in accordance with standard operating procedure.
• Where necessary liaise with internal teams to ensure high level of data accuracy
• Ongoing data monitoring to identify any incorrect fee set-ups
• Ongoing data monitoring to identify any fees which are at detriment to the client (i.e. above our standard rate)
• Ongoing monitoring of MI to assure staff account fees are in line with our policy
• Work with the Senior Fee Analyst to support the updating and management of the fee discount / fee holiday approval process for new and existing clients
• Work with the Senior Fee Analyst to support the maintenance of the fee discount register and review on a quarterly basis with the Head of Front Office and Front Office Team Heads
• Assist with the maintenance of client fee schedules ensuring accuracy and adherence to guidelines
• Own and maintain stakeholder support materials on the intranet.
• Develop a deeper understanding of the function, aiming towards become a subject matter expert in the process/function
• Improve processes and identify efficiencies and continuous improvements to benefit the business and its clients
• Demonstrate exemplary attention to detail, ensuring accuracy in all tasks
• Assist the Project/IT teams with testing data regarding Figaro releases and upgrades and support other Strategic or Regulatory change items/improvements

Requirements

Technical Requirements:

• Some relevant / transferrable industry experience desirable

• Competent in all MS Office products – specifically Excel

Other skills, competencies, and attributes:

• Bachelor’s degree in accounting, finance or related field, or equivalent work experience
• Some Wealth Management and/or Financial Services data entry and/or maintenance experience gained within an Operations/Finance environment
• Highly numerate and accurate with an investigative approach to problem solving
• Strong analytical skills with the ability to collect, organize and analyse and disseminate significant amounts of information accurately
• Excellent verbal and written communications skills, and excellent time management abilities

• Strong conceptual, analytical, judgment and communication abilities are critical.

Contact Information

For any further information please do not hesitate to contact us.

LGT Wealth Management UK LLP

Human Resources

Nicola Swatton