Description
A Finance client based in Edinburgh are currently seeking an Oversight Operations Manager for a 3-6 month contract.
The successful candidate will come in and be responsible for oversight unit pricing and NAV over the TPA and ensure that these are accurate and delivered in a timely manner.
Key Responsibilities for the Oversight Operations Manager:
- Deliver the daily business as usual (BAU) and project activity on a day-to-day basis, ensuring timely, accurate oversight of the TPA.
- Support MI reporting for governance meetings which may include Unit Pricing, Box Committee
- Proactively maintain and develop the systems, controls and processes of the area, within agreed policies. Ensure all meet high quality standards.
- Ensure Investment data is correctly categorised and maintained by the TPA and that suitable analysis, reporting and decision making is undertaken.
- Ensure derivative movements, reconciliation to brokers and clearance of reconciliation breaks are completed satisfactorily by the TPA.
- Warrant that all priced instruments are priced accurately and within deadline, and ensure there are no breaks in service
- Minimise reportable pricing errors and breaches on OEIC and linked funds, maintain error log.
- Ensure records and procedures are complete, accurate and robust in order to fully support audit purposes.
Essential Skills:
- Industry experience within the Investment Management and Accounting industry. Detailed understanding of NAV unit pricing systems and processes.
- Detailed understanding of global stock markets, a variety of instruments and pricing principles and methodologies. This includes UK and non UK equities, Government Bonds, Corporate Bonds, Amortising bonds, Asset Backed Securities, Exchange Traded and Over The Counter derivatives, price sources and quotes, and corporate action events.
- Detailed knowledge of the regulatory environment. This includes COLL, ABI and IMA guidance
- An associate of Securities Institute
- In depth understanding of all investment data and accounting systems, processes and relationships.
- Strong analytical and research capabilities, the ability to solve complex problems, assign priorities and lead resolution of systems and service failures.
- Experience with liaising and communicating requirements to data vendors, custodians and fund managers. Ability to effectively work to tight deadlines and manage relationships with service providers to a commercial level.
- A good understanding of control frameworks, risk management and co-ordinating audits and providing the appropriate management responses.
- Excellent organisational skills. Ability to assign priorities, lead teams to overcome disruptions or failures in systems and service.
- Proactively maintain own training and competency levels in line with industry and regulatory changes. This person must be able to be an "overseer".
If you feel you're suitable for this position please click Apply and Outsource will be in touch.