Client Product Support Analyst (Funds) London (GB)

Category
Operations
Workload
Full Time (≥ 80%)
Posted on

About us

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 and Bristol. 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 £29 billion in funds under management and circa 700 staff.

Your challenge

Brief Role Objective

The role holder will support the Fund Operations Manager in building out the Client Product Support Team’s processes, particularly in building out processes around Fund Operations, as well as supporting the creation and ongoing administration of new sub-funds within an existing UCITS structures as required. Knowledge around how funds function operationally including the day-to-day reconciliation and administration of the funds is essential. Working knowledge of hedged share classes and subsequent administration is desirable.

Key Responsibilities

  • Day to day fund administration of in-house managed funds including:
    • Daily cash subscription and redemption processing/monitoring
    • FX administration
    • Trade matching and confirmation
    • Trade settlement processing
    • Payment and settlement monitoring
    • Facilitating margin calls

  • Corporate Actions processing:
    • Monitoring upcoming events
    • Manage elections
    • Dividend processing

  • System Data Management
    • New instrument set up
    • Manage all reference data
    • Benchmark set up
    • Dividend processing
    • Investment team queries and support

  • Investment Control
    • Compliance rule set up in trading system
    • Compliance Breach Monitoring
  • Daily reconciliations of the firm’s IBOR to external custodian
  • UCITS Compliance Rules Monitoring
  • Production and maintenance of policies, procedures and workflows relating to the creation and day to day maintenance of fund management
  • Assist in the production of Management Information as required
  • Assist in analysis and implementation of new funds as required
  • Assist in project working relating to fund and EAM activity as required

Your profile

Technical Requirements:

  • In-depth understanding of fund operations
  • Working knowledge of hedged share classes desirable
  • Solid understanding of Wealth Management services and the industry as a whole
  • Ideally 12 months experience within Wealth Management, however, graduates with sufficient understanding of the industry or relevant degree would also be considered.
  • Understanding of the trade lifecycle and associated areas within investment operations
  • Excellent communication skills to manage internal and external relationships
  • Capacity and willingness to develop knowledge across a variety of products and services to perform the role to a competent standard.
  • Technically minded with the ability to create new processes from scratch, such as analysis on service profitability and reconciliation processes.
  • Experience of reconciliation processes to the standards outlined in CASS 6 and 7 would be advantageous. Alternatively, the willingness to learn processes to this standard is essential.

Other skills, competencies and attributes:

  • Skill in prioritisation, planning, monitoring and self-management
  • The ability to work independently as well as part of a team
  • Ability to generate new ideas/initiatives to promote efficiency or improve performance
  • Ability to communicate effectively (written and verbally) with a wide range of stakeholders from investment managers to technical experts

IT Skills

  • PC Literate
  • Excellent Microsoft product skills, especially Excel
  • Third party reconciliation software knowledge would be advantageous
  • Bloomberg AIM and PORT experience would be advantageous

Do you feel addressed? Then simply fill out the online application. We look forward to getting to know you.

Contact

Alex Johnson

Alex Johnson

Senior Recruitment Advisor
LGT Wealth Management UK LLP

You might also be interested in...

Transparency is important to us. That is why you will find everything that matters to us on our website – plus everything you should know about us before you meet us in person, open an account or apply for a job. That includes, for example, the history of the Princely Family, which is closely intertwined with our own.

Contact us