Collective Operations, Officer - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

17 hours ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Who we are looking for
An excellent opportunity has arisen to join our Collective Operations Team at Officer level.

You will be responsible for supporting and managing the CIS placement, Settlement and administration of collective assets for the client.

Why this role is important to us

Collective Operations (COPS) are responsible for ensuring all CIS orders generated from fund managers (both clients internal range of funds and some external clients), are successfully placed in a timely and accurate basis, for the relevant dealing cut-offpoint, and are subsequently processed for confirmation and settlement within deadlines.

What you will be responsible for:

Oversight and exception management across all processes following auto-routed Aladdin CIS orders, to Transfer Agents
Placement of CIS orders to facilitate deal execution with Transfer Agents, utilizing Aladdin functionality, or alternative manual methods as necessary
Investigation and resolution of deal discrepancies, including monitoring and clearing of reconciliation breaks daily
Confirmation of CIS orders within Aladdin and enable settlement processes to follow
Play a lead role in the coordination of all Collective Investment Scheme elements of a project lifecycle through to implementation
Supports the change process of Collective Investment Schemes throughout the various stages of development, testing & implementation
Document current processes with the ability to make recommended changes based on an analytical review
Enable the setup of new CIS as requested from fund management teams on internal systems and matrices, and externally with Transfer Agents and Custodians
Provide an exceptional level of service to all internal and external stakeholders
Adhere to risk and control framework
Adhere to and review procedures
Ensure all relevant transactions are processed within deadlines
Contribute to management information statistics
Identify and propose solutions for process improvements
Adhoc support to Manager and team members

Key Skills:

Previous financial services experience in Asset Management Operation
Excellent attention to detail, working to high levels of accuracy
Organized and logical approach to working
Ability to work effectively under pressure and adhere to variable deadlines, managing

- competing priorities

Proactive approach
Must be able to use initiative to both resolve issues and identify long term solutions
Controls orientated thinking
Excellent communication skills, with personnel at all levels
Approachable and helpful with good interpersonal skills
Managing Team so must be team player, assisting colleagues where possible

PC literate

Word, Excel, PowerPoint

Education & Preferred Qualifications
A desire to understand financial markets, to keep abreast of developments and to attain and
maintain a high level of professional competence in investment management and an Understanding / Experience or knowledge of:

Order Management System's i.e. Calastone, Fund Connect or similar
Swift messages relating to Collective Investment Schemes
Custody / Accounting requirements and dependencies.
Data management
Transfer Agent.
Alternative Assets

- (BRS) Aladdin
-
About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries,we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks.
You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
State Street is an equal opportunity and affirmative action employer.
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