Description
Research and Process Manager - Investments and RegulationsGlobal Blue Chip Client
Based: City of London
3 month contract
Rate: GBP 300 - GBP 350 p.d.
ASAP Start
OVERVIEW:
Our client is regulated by the Financial Conduct Authority (FCA) and as such is required to comply with a wide variety of regulations and directives in the interests of its client. Recent areas of regulation include research and corporate access costs.
Stewardship of investments is a focus of the Financial Reporting Council (FRC) and our client is rated a top tier institution by the FRC for its stewardship statement.
The Research and Process Manager is responsible for ensuring that our client's investment processes are relevant, up-to-date and comply with regulation. S/he will ensure that processes are being adhered to at a satisfactory audit-level standard. This will involve the training and monitoring of portfolio managers in process activities, and liaising with Compliance on best practice.
The role holds the relationship with the research providers. This involves the annual negotiation of the research budget with each service provider and the payment of research services in compliance with MiFID II.
The job holder will monitor risk in investment portfolios to ensure IMA restrictions are observed and assist Head of the department in developing a risk framework.
The post holder will work closely with Head of the department on all the above tasks and ad hoc projects.
KEY ACCOUNTABILITIES:
Research and analytics
* The job holder will be expected to have a good understanding of MiFIDII regulation and be able to pick up the MiFIDII Research related activities quickly
* The job holder will be expected to gain an understanding of the investment classes that our client is responsible for, namely Equities, Private Equity and Property
* The job holder will be expected to become familiar with systems such as Bloomberg, Factset and Barra and appreciate their use in investment analysis
* The role monitors the production of research and analysis including new investment evaluation and keeping Green Top research notes up to date.
* The job holder will be expected to gain an understanding of the equity process for passive management as necessary.
* The role will be expected to hold the relationships with research providers, lead the annual research negotiation/budgeting activity and set the quarterly payments. The role will need to ensure that
* Research and Corporate Access are consumed in compliance with MiFID II regulation.
* To begin with the job holder will supervise and support the production of reports and information packs for weekly, monthly and TAA meetings, however all or part of this activity may be passed on to the MI team as the latter function develops.
Process development and assurance
* The role will maintain the documentation of the investment process up to date and ensure, with the co-operation of Head of the department and the Regional Heads, that the process is being followed.
* The job holder will be expected to gain an understanding of and provide insights into the risk process across all asset classes.
SKILLS/EXPERIENCE REQUIRED:
Essential Education:
* Bachelor degree
* Professional qualification CFA, ACA
Essential Experience and Job Requirements:
* Specific demonstrable experience/skills/behaviours/qualifications (vocational, Degree/Masters/Doctorate, professional) expected for the role. List in priority order, max 10 bullet points
* Evidence of strong numerical and analytical skills
* Strong interpersonal skills required
Due to the high volume of applications we receive we are not able to get back to everyone who applies. Therefore if you have not heard back from Juice Resource Solutions within 7 days please assume that your application has been unsuccessful however we will contact you if suitable roles come up that match your skill set.