Description
Senior Fund Administrator - 6 month contract
Role Purpose:
To assist the Assistant Manager in the delivery of Investment Administration services to assigned clients, in particular trade processing, trade matching and settlement, security reconciliations and standing data maintenance, all within agreed quality, timing and output targets.
Key Accountabilities:
- Processing security trade transactions in line with the underlying funds valuation points.
- Updating trades either electronically or manually, check output to ensure that details are accurately reflected onto the portfolios.
- Matching of Security Trades, based on details received from Managers and Brokers.
- Monitor trade matching process, check output and record unmatched items and then follow up.
- Issuing settlement instructions for trades and other transaction types to Custodians within agreed timescales.
- Send instructions to Custodians via SWIFT/faxes and ensure all transaction cut-off periods are met.
- Number of failed/late trades.
- Following up of queries with Client/Brokers, and daily checking of failed trades information received from Custodian, as well as investigating interest claims that have been received.
- Regularly review Client/Broker's issues log, and query with the Custodian any failed trades until resolution.
- Review of failed trades report.
- Feedback from third parties.
- Failed trades and interest claims log.
- Maintain details of Broker/Counterparty Standing settlement Data, and data on Alert, or other standing data on Datamapper.
- Maintain and update standing settlement data.
- Number of issues identified by review process.
- Participate in user acceptance of new/upgraded software as required.
- Conduct tests utilising documented scripts and record accurate results.
- User Acceptance projects.
Knowledge & Experience/Qualifications:
- Failed Trades
- Trade Matching
- Trade Settlements
- Familiar and conversant with Custodians and Brokers
- Excellent knowledge of Settlement Practices with Investment Operations - ideally - Crest, DTC, Euroclear and Clearstream
- Excellent attention to detail
- Ability to build and maintain relationships with colleagues and clients at senior management level.
- Ability to communicate effectively in writing and verbally.
- Ability to plan and organise workload to meet deadlines, taking into account relative priorities.
- Ability to identify and initiate process improvements preferably using Best Process Management techniques.
- Ability to monitor performance against objectives, through the development of MI and taking corrective action.
- A proven strong commitment to service quality.
- Proven ability to work independently and to motivate and influence others.