Now HIring: Operations Analyst in London (2239 hits)
Provide advanced level of investment operational expertise and support primarily to GIS International but also, GIS North America and Third Party Distribution business units and their respective clients and products. This position partners with the Client Operations Manager to analyse, negotiate, communicate, and implement investment operational requirements and capabilities for new clients, products, and services.
1. Utilise advanced operational expertise surrounding the investment process as well as established departmental and regulatory guidelines to gather, analyze, negotiate, and communicate servicing requirements for new client accounts and certain TRP proprietary products.
Gather and analyse pertinent account reference data from a wide variety of internal and external sources, populate data templates, review data with Client Ops Managers, modify or add to data as appropriate.
Disseminate final data templates to designated internal teams. Lead operational meetings/conference calls with reps from all appropriate internal teams (PMG, FI New Business Manager, Investment Compliance, GICS functional teams, etc.) to review operational requirements of the account, identify potential issues, and assist internal teams to understand the servicing expectations.
Partner with Client Ops Manager to determine the plan for addressing any identified issues that may require follow up with the client prior to inception of the account.
Communicate TRP's expectations and negotiate and establish data interfaces between client's custodian and fund accountant and all appropriate internal teams and system.
Perform audit checks on key data elements in various systems to validate that the account has been established accurately
2. Ensure that in-kind asset transfers associated with new accounts, additional fundings, partial withdrawals or account terminations are reflected in all appropriate systems to enable accurate and timely portfolio management and trading in accounts.
Interface with Client Ops Manager to gather pertinent information surrounding the nuances of each activity for communication and coordination with impacted internal teams to ensure a smooth transfer.
Interface with Performance, Portfolio Accounting, Investment Liaisons or other pertinent stakeholder teams to review pending activity and to identify any potential pitfalls surrounding the activity that may need to be further investigated or escalated to a Client Ops Manager (e.g. Performance inception dates, impacts to GIPS reporting requirements, transaction posting protocols, etc.)
Utilising documentation provided by clients, transition managers, custodian banks, Corporate Actions and other pertinent sources, prepare asset transfer files for loading to recordkeeping systems.
Interface with GBS representatives to ensure that files are timely and accurately loaded to the recordkeeping system.
Analyse reconciliation details provided by Portfolio Accounting to identify any potential variances than could impact the accuracy of trading and should be flagged for further review prior to releasing for trading.
Interface with Investment Compliance to ensure that compliance systems are accurately coded to address any required liens on securities to prevent trading in temporarily restricted securities
Partner with the Client Ops Manager assigned to the account to review activity associated with the asset transfer. Provide insights and background on any open issues to enable the Ops Manager to make necessary decisions surrounding the release of the assets for trading purposes.
3. Act as operational expert, post-sale, for Client Ops Managers, Business Units, client vendors (custodians and fund accountants) and TRP Teams. Leverage Client Operations Managers' time by performing in-depth analysis and scrutiny on operational issues raised by clients, their service providers, Marketing sales and service reps, Legal and other key internal service teams. Provide findings to Client Operations Manager and act under direction of Manager to disseminate findings as appropriate. Support the communication of forecasted client cash flow information to investment teams through population of designated systems.
PERSONAL ATTRIBUTES / SKILLS / QUALIFICATIONS:
Advanced level of operational knowledge of investment industry practices and procedures usually acquired through work related experience in a combination of positions including, but not limited to, investment accounting, trading, financial reporting or other similar positions.
Ability to effectively communicate with high level internal and external contacts including Marketing sales and service reps, Portfolio Managers, clients and their service providers, Investment Operations staff, and Legal regarding general investment operational practices.
Experience of working with international products including, but not limited to; International assets types and markets, International pooled funds such as Mutual funds, Investment Trusts, SICAV, OEIC and various locally arranged foundations and pension schemes. Knowledge of local operational nuance and legal requirements.
Excellent relationship building, communication and organisational skills
Analytical nature with an aptitude for identifying risk
Ability to effectively interface with external contacts across multiple locations time zone.
Detail oriented, self-motivated
Able to work in an extremely fast-paced, high volume environment that calls for constantly changing priorities
Undergraduate degree ideally within an Accounting/Finance subject
Related industry certification such as Investment Management Certificate or Investment Operations Certificate.