Description
Specialist, Transfer Management
Chatham - 13 month contract
About Us
All roles within Lloyd's have an integral part to play in the achievement of the Strategy and Vision 2025:
Lloyd's becoming a brand that is globally admired and recognised and respected for its reputation as the world's specialist centre for (re)insurance. Lloyd's will be known around the world for its integrity and will be a place where talented, diverse and socially responsible employees feel proud to work.
Market Services:
A Lloyd's department which provides services to members in relation to their underwriting at Lloyd's including maintenance of funds of Lloyd's (FAL) and distribution of profits and losses, whilst protecting capital security by ensuring that members meet capital requirements and regulatory demands.
The Role
To provide custody and maintenance of all assets held within Funds at Lloyd's on behalf of all members, ensuring Lloyd's regulatory and trustee obligations are consistently met.
What Will You Do?
- Provide a high quality and efficient service in the handling of all Members' affairs
- Ownership of the life cycle for all portfolio transfers to and from Funds at Lloyd's by arranging settlement and registration of all acceptable asset classes, which includes: Unit Trusts, Equities, Bonds/Gilts, Life Policies, National Savings Certificates, Bank and Building Society Accounts, Bank Guarantees and Letters of Credit
- Ensuring all requests received for the deposit of additional funds, FAL re-arrangements including releases and substitutions are transferred, settled and registered in accordance with the instructions from the Member/Members Agent and/or validator and within the internal service standards and/or external market deadlines. To support the bi-annual Coming- Into-Line process and bi-annual reporting to the PRA for Lloyd's Ancillary Owned Funds.
- To communicate effectively with Members' Agents, Stockbrokers, custodians, Investment Managers, Financial Institutions on operational matters concerning the transferring, settlement and registration of different asset classes.
- To maintain effective controls, ensuring accuracy and attention to detail whilst working to strict market deadlines and service standards
- Responsible for escalating all outstanding items/queries to the Team Manager for reporting purposes
- To build and maintain effective working relationships with all stakeholders ensuring a high level of satisfaction
- To ensure compliance with Lloyd's Trustee obligations, financial crime and anti-money laundering legislationrequired ensuring that audit points are implemented and Embedded in a timely manner.
What You'll Need
- Experience of providing customer service in the Financial Sector
- Experience of working to multiple fixed deadlines
- Experience of working within the rules and regulations of Financial Crime, Anti-Money Laundering and CASS
- Experience and understanding of working within financial and operational risk
- Experience of stakeholder engagement
- Knowledge of the various asset classes acceptable as Funds at Lloyd's, including Unit Trusts, Equities, Bonds/Gilts, Life Policies, National Savings Certificates, Bank and Building Society Accounts, Bank Guarantees and Letters of Credit
- Knowledge of business process and systems change tools and best practice principles
- Knowledge of relevant UK & International legal & regulatory requirements
- Knowledge of trust funds and the rules relating to membership of Lloyd's
- Knowledge of Lloyd's trustee obligations and regulatory reporting requirements
- Knowledge of stock market settlements for worldwide markets, including the process for re-registration, market rules & regulations and settlement deadlines.
As the successful candidate, you can expect to be rewarded with a competitive salary, an enviable range of benefits.
At Lloyd's we believe that innovation comes from having an inclusive culture of equality and diversity. We use ClearTalents to discover how we might help you feel welcomed, supported and able to do as well as you can when applying to work for us, including identifying any reasonable adjustments that we may need to make.