Trade Settlements Administrator

Location

Bolton, Greater Manchester | United Kingdom

Job description

Marlborough Group is a successful investment business that manages over £10 billion for over 200,000 clients and employs some of the UK’s most respected fund managers. The Group has its headquarters in Bolton and offices in London, Lichfield, Peterborough, Bristol and Dublin.

The Group employ more than 235 people across its business lines being:

• Marlborough Limited – The Group’s investment management business
• Investment Fund Services Limited – The groups Authorised Corporate Director (ACD) Authorised Fund Manager business
• IFSL Administration – The Group’s platform business

Marlborough Group’s success has been built on a reputation for excellence in active fund management, with the Group leading the way in industry expertise, service quality, product understanding and added value for our investors.

As we continue with our ambitious growth plans, we are looking for talented people who share our values and will grow and develop as financial services professionals. That means putting our investors at the forefront of everything we do and constantly striving for excellence in the service we deliver.

In addition to receiving a comprehensive benefits package, successful candidates will join a team who are committed to collaborative working in an environment where personal and professional development are genuinely valued.

Role Purpose

• To ensure all asset data is captured and processed accurately and in accordance with regulatory and business requirements.
• Liaise with brokers and investment managers where necessary to ensure accurate reflection of asset trades in the businesses Fund Accounting System.
• Adhere to service level agreements, relevant regulations and company policies.

Key Responsibilities

• Identify process enhancements, demonstrate and test prior to implementation.
• Prioritise workload to ensure no breaches occur.
• Contribute to establishing full team procedures and controls along with appropriate maintenance and regular reviews.
• Comprehensively monitor inbox and identify items which impact the area, such as trade reports, contract notes, corporate action notices and queries.
• To ensure investment system is updated with new security set ups, trades and corporate actions in line with department guidelines.
• Input new trades into the relevant custodian’s systems ready to be authorised.
• Liaise responsibly with all stakeholders, such as investment managers and brokers, in order to resolve issues.

Essential skills:

• Good numerical skills
• Good attention to detail
• Accurate data inputting skills
• Excellent written and verbal communication skills
• Ability to prioritise & work to strict deadlines
• Excellent working knowledge of Microsoft Excel and Word

Beneficial skills:

• Understanding of trade capture parameters and processes for assets held in UK collectives.
• Knowledge of the trade settlements process for various assets held in UK collectives covering worldwide markets.
• Knowledge of global markets, asset pricing data and asset data vendors.
• Knowledge of corporate events / corporate actions, including the capture, processing and fund accounting entries in NAV production of UK regulated collectives.
• Knowledge of UK and international market practices

Essential Qualifications:

• 5 GCSE’s Grade A-C (must include Mathematics and English)
• IOC (Investment Operations Certificate) qualification (or willingness to work towards)

Personal Qualities:

• Ability to function as part of a team
• Confident manner both written and verbally
• Ability to work under pressure
• Positive attitude
• Ability to be flexible and learn quickly
• Friendly and approachable
• Ability to make a positive contribution to both the team and the Company

Preference will be given to applicants with experience working in an investment or fund operations environment.

Benefits:

• Competitive starting salary with annual salary reviews
• 25 days annual leave plus statutory bank holidays with the option to buy (or sell) up to 5 more
• 9% non-contributory pension
• Annual discretionary bonus scheme with optical care and dental care
• Private Healthcare Scheme
• Death in Service at 5 x annual salary
• 35 hour working week
• Training for IOC and other relevant qualifications
• Exam completion bonus £500 (IOC)
• Study leave
• Cycle 2 work scheme
• Eye test reimbursement
• Your birthday off
• Christmas party and paid for social events during the year
• 13 weeks fully paid maternity leave
• 2 weeks fully paid paternity leave

Job tags

Salary