Investment Administrator - Piccadilly, Staffordshire, United Kingdom, B78 2
We have an excellent opportunity for an Investment Administrator to join this Private Bank and Asset Manager in the West End, Green Park area.
Working in a middle office function liaising between the Relationship Managers, Fund Managers and the back office.
The role includes client reporting, fee charging, Pricing and Security maintenance, FX, record keeping, cash transfers on the investment accounts.
Ensure that the nature and extent of systems and controls in the departments is appropriate for the scale and extent of the bank's business and in accordance with SYSC 3.2
Monitoring the daily cash reconciliations and weekly security reconciliations from Back Office, to ensure that the items are being cleared in a timely manner.
Instruct Treasury on trade FX positions, then input in Globus. FX input for client position and forward transaction as instructed by the front office.
Produce weekly and check the overdrawn client cash positions, advise the Fund Managers accordingly.
Assist in the monitoring of open Fund order positions on the agreed trading criteria procedure with regards expected settlement.
Monitor Mercury for cash contributions and withdrawals, also check for liquidation proceeds to be paid to clients.
Complete standing order instructions when received, monitor standing order queue.
To cover for other departmental members tasks as allocated on the daily task list.
Filing all documentation on the appropriate file in a timely manner.
Trail commission received and ongoing maintenance, DIMA cash movement posting.
Completion of instructions, in respect of Contributions and withdrawals to Asset Management delegated accounts as instructed by Relationship Managers on a daily basis.
Client entries on to the current account or Asset Manager account on Globus for all transactions related to delegated portfolios.
Remittance of funds to Dublin in settlement of subscriptions into GAM product for GAM delegated accounts in accordance with settlement instructions.
Processing/Instruction of any other transactions relating to GAM delegated accounts that may happen from time to time e.g. Forward FX transactions.
Business systems used: Globus, BBH Worldview, Bloomberg, LA Retrieve, Mercury.
To apply you must have similar experience in Private Banking or Asset Management, working in back office or the middle office in a similar investment administrator role.