• Permanent, Full time
  • Schroders Investment Management
  • 2018-10-20
  • Luxembourg
  • Competitive
  • Full time

Specialist TAG Controls (Transfer Agency General Ledger Control) 12 month FTC

Specialist TAG Controls (Transfer Agency General Ledger Control) 12 month FTC

Department:

Public Asset Product Operations

Outline of team responsibilities:

The Specialist TAG Controls will be a part of the Cash Operations team in the Luxembourg Public Asset Product Operations. TAG (Transfer Agency General Ledger Control) has an oversight responsibility of the trading accounts which are the transit accounts for all investor cash flows for Schroders funds domiciled in Luxembourg and other locations.

Main Duties:

1. Perform daily controls and proofs on the TAG ledger and DIV ledger daily activity
• Importing previous day postings created by Dealing and Cash activity in to the Accounting system
• Posting and adjusting SUN accounts by creating manual bookings.
• Control and reconcile fund collection and dividend accounts related to clients monies
• Investigation and resolution of any reconciliation discrepancies as well as of any outstanding item in the bank accounts
• Raising warnings on dated unreconciled items
• Reporting of the Fund collection accounts based on UCITS V requirement
2. Perform daily FX trade confirmations processed by Cash Operations
• Confirm FX spot trades and daily Hedging trades by using various applications
• Control daily Hedging open positions
• Escalating any discrepancies to the team leader
• Reporting weekly to London Credit Risk team
3. UK Client money rules and reconciliation
• Ensure compliance with UK's CASS client money rules for the UK PUTs for which SIM Europe is TA
• Prepare daily sign off for SUTL UK PUT's
4. Perform monthly invoicing and Reporting
• Preparing monthly Ledger Reporting for Schroders funds by Management company
• Preparing Risk Event reporting for posted errors occurred in Dealing and Cash Operations
• Preparing Static data Reporting for KPI's
• Preparing monthly Profit and Loss invoicing for the FX Revenue and bank charges
5. Clearstream platform
• Perform Daily reconciliation for Subscription and redemption Cash flows and prepare the withdrawal from Creation Online.
6. Ad Hoc
• Supporting external, as well as internal corporate audit requirements
• Static data administration
• Assisting on ad-hoc analysis, and projects

JOB REQUIREMENTS

Education & Training/Qualifications:

• University degree in Finance, Accounting or Economics
• Excellent spoken and written English and professional communication skills
• At least 2 years of experience in the financial sector with a preference for an Asset Management
• Excellent computer skills (advance knowledge of Ms Excel)
• Good organisational and analytical skills with the ability to work in a team but also independently.
• Excellent time and self-management skills, ability to prioritize and multitask
• Experience of any Transfer Agency system and Accounting system would be an asset

Skills/Core Competencies:

• Any additional European language (German, French, Italian...)
• Experience of any Transfer Agency system and Accounting system would be an asset
• Knowledge of Macros being an advantage
• Ability to identify improvements in existing processes.