Reconciliations Administrator - London, United Kingdom - Seven Investment Management

Seven Investment Management
Seven Investment Management
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

About The Role:


Purpose:


  • Responsibility for Reconciliation administration activities on behalf of 7IM. Liaison with internal and external clients to ensure any discrepancies are resolved in a timely manner. Enhance, create and ensure adherence to internal and client operational procedures.
  • Due to the time critical nature of the deliverables within the team, there is a requirement to start at 7am.

Responsibilities:


Reconciliation:

  • Completion of daily cash and stock reconciliations for the 7IM and third party funds.
  • Completion of daily cash and stock reconciliations ensuring client positions correctly reflect external records.
  • Control on Firm accounts, taking responsibility for ensuring all Firm accounts are reconciled within agreed timelines.
  • Identifying discrepancies within reconciliations, liaising internally and externally until discrepancy is resolved.
  • Controls:
  • Ensuring system exceptions are identified and resolved to enable daily system updates to take place in a timely manner.
  • Completion of daily control sheets.
  • Review and update operational procedures and logs.
  • Ownership of bank account checking, liaising directly with the Client Static Data team
  • Ensuring accuracy of transaction reporting by third parties
  • Reporting:
  • Assist in the collation of management information.
  • Daily reporting on client debtor positions, liaising with internal parties to ensure positions are cleared within a timely manner.
  • Relationship and Support:
  • Relationship with all teams within 7IM to ensure service is delivered to the highest standard.
  • Timely resolution of queries relating to client positions and accounts.
  • Liaising with outsource partners assisting with the oversight of outsourced activities.
  • Other:
  • Keep abreast of market and regulation developments.
  • Treat clients (internal and external) and colleagues fairly and adhere to the 7IM mission and tenets.
  • Building good and lasting relationships with clients (internal and external) and understand their motivations.
  • Provide suitable solutions that meet their needs.
  • Provide clear and relevant updates to clients (internal and external) and to colleagues to build client confidence.
  • Act promptly and professionally to resolve client (internal and external) and colleague enquiries or concerns.
  • Actively participate in any projects and relevant business initiatives.
  • Other tasks as reasonably requested by your manager.
  • Provide support to other operational teams where required.

About You:


  • Skills:
  • Organisation skills
  • Ownership and initiative required to resolve problems and escalate where necessary.
  • Control, accuracy and quality assurance skills.
  • Strong communication skills, both oral and written.
  • Time management and ability to prioritise.
  • Ability to see things through to their logical conclusion.

Knowledge:

  • Knowledge of Pershing and Bloomberg systems is an advantage.
  • Good knowledge of operational administration including settlement, custody and clearance.
  • Qualifications:
  • Educated to an A-Level standard

Other relevant information:

  • Reports to Reconciliation and CASS Team Leader
  • Subscribe to 7IM's Mission and Tenets and Treating Customers Fairly initiatives.
  • A 'team' attitude is needed helping others when required.
  • Flexible attitude to duties as predominantly hands on approach to training will be given in all aspects of the Operations roles.
  • Other responsibilities as reasonably required by the line manager and/or 7IM.

Benefits
Here at 7iM we offer a package of competitive benefits including, but not limited to:

  • Competitive company matched pension contributions
  • Excellent Vitality private health cover (individual, partner and family options)
  • Life insurance options, income protection and death in service benefits
  • Competitive family friendly benefits
  • Hybrid, flexible working with core hours between 10am and 4pm
  • 27 days annual leave plus bank holidays (increases with tenure)
  • Subsidised gym membership
  • Bike2work scheme

About Us:


  • The '7' in 7IM refers to the seven original founders of the business. Back in 2002, they couldn't find a firm they trusted to manage their families' money properly big banks seemed impersonal and greedy, while most boutiques lacked the necessary investment process and structure. They started the kind of organisation they'd like to invest with themselves.
  • Their aim was to deliver steady returns over the long term, while keeping an eye on risk, using the best technology. They wanted everyone to have access to the kind of service and expertise that institutional investors would expect.
  • We've evolved since then. In 2015 Caledonia Investments joined us as a major shareholder. In 2018 we acquired Tcam Asset Management, a firm we felt closely aligned with our investment philosophies and multiasset approach. In 2020 we continued our longterm growth strategy and acquired the award winning London based financial plann
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