Investment Operations Administrator

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Advantage Resourcing
  • 04 Mar 19

A top tier Wealth Management firm is currently recruiting for an Investment Operations Administrator to manage all aspects of custodial and internal system reconciliations along with the management of client fee processing. Responsibilities will also include a range of static data set up and maintenance along with ad hoc project.

A top tier Wealth Management firm is currently recruiting for an Investment Operations Administrator to manage all aspects of custodial and internal system reconciliations along with the management of client fee processing. Responsibilities will also include a range of static data set up and maintenance along with ad hoc project.

Responsibilities will include but not be limited to:

· Daily reconciliation of systems to custodian records to cover stock and cash positions
· Reconciliation with custodians to cover book costs and prices where required
· Ensure all daily overnight data imports complete, investigate and resolve any issues
· Ensure all Corporate Actions are correctly posted by our custodian and the appropriate book costs are assigned and updated
· Act as a contact point for more complex Corporate Actions issues
· Production of monthly, quarterly and ad hoc fees
· Administration of the fee charging system
· Administration, and understanding of performance reporting system
· Monitor daily transaction reporting, ensuring failed reports are actioned and completed in line with regulatory requirements
· Production of management reports
· Maintain the security master file including:
o Security set up & ISA eligibility queries
o Price feeds and overrides
o Classification data
o Other system static data including set up of new offices, commissions, etc.
· Develop relationships with custodians and data providers where possible to allow for integration of their data
· Administration of the electronic transfer system (Altus)
· Maintenance of required stock watch lists in the trading system

The ideal candidate is likely to possess:

· Good knowledge of retail financial services, investment management or stockbroking operations
· Excellent reconciliations experience
· Understanding of Nominees/Dividends
· Transaction Reporting
· Global Corporate Actions
· Taxation and banking procedures
· Knowledge of GIA/ISA/SIPP & OPB products
· Understanding of different security types, collective funds, equities, fixed interest, ETF's
· Excellent knowledge of Microsoft packages, especially Word & Excel
· Industry exams an advantage
· Knowledge of Pershing (UK) operations, systems and policies is an advantage


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