Fund Operations Analyst - 12 month FTC

LGT Group; City of London; On-site; GBP 30,000 - 50,000; Full time

Job summary

A wealth management firm based in London is seeking a Fund Operations Analyst to handle day-to-day fund administration tasks, focusing on trade life-cycle management and cash oversight. Ideal candidates will have operational knowledge of fund administration and excellent skills in cash management along with experiences in effective trade reconciliation. This role is crucial for supporting the firm’s range of UCITS and enhancing operational processes.

Qualifications

• Knowledge around how funds function operationally, including administration.
• Experience in trade matching, settlements, and reconciliation.
• Desirable knowledge of hedged share classes.

Responsibilities

• Carry out day-to-day fund administration tasks for the firm’s range of UCITS.
• Support the Fund Operations Manager in process development.
• Monitor cash payments and settlement.

Skills

Fund administration skills

Trade life-cycle management

NAV oversight

Cash management

Job description

Fund Operations Analyst - 12 month FTC London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long‑term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Business Unit:

The Fund Operations Team sits within the wider Fund and Product Services Department, which provides ownership and support for all services relating to non‑custodied investments. This includes:

• External Asset Managers (EAM) operations with banks and platforms
• Lending facilities with our parent bank
• Fund Operations
• Product Development and Management
• Solvency II Reporting
• Alternative trading solutions
• Supporting activities with pension and offshore bond providers

The Team is responsible for supporting the on boarding and maintenance of non‑standard investment solutions and ensuring that such solutions meet the needs of our Front Office whilst also fitting in seamlessly with the firm’s operational infrastructure.

The team is also responsible for the development, launch, investment operations and ongoing management activities of the firm’s fund range. At present, the firm manages circa 28 funds across the UK, Ireland and Jersey, as well as third party funds.

Brief Role Objective:

The role holder will carry out day‑to‑day fund administration and middle office tasks as required for the Firm’s range of UCITS and third‑party funds. This includes trade life‑cycle management, corporate actions, cash management, reconciliations and NAV oversight. The role holder will also support the Fund Operations Manager in building out the Team’s processes, as well as production of management information and any ad‑hoc project work as necessary. Knowledge around how funds function operationally including the day‑to‑day reconciliation and administration of the funds is essential. Working knowledge of hedged share classes and subsequent administration is desirable.

Key Responsibilities:

• Day to day fund administration of in‑house managed funds including:
  • Trade matching and confirmation
  • Trade settlements and queries
  • Failing trade monitoring and resolution
  • Daily stock position reconciliation
  • Transaction Reporting
  • Daily subscription and redemption monitoring
  • Cash management to include overdraft monitoring and hedging oversight
  • NAV Oversight
  • Cash payments and settlement monitoring
  • Investment team queries and support
• Monitoring upcoming events, managing and submitting elections, processing events on pay date

Do you feel addressed? Then simply fill out the online application. We look forward to getting to know you.

Transparency is important to us. That is why you will find everything that matters to us on our website – plus everything you should know about us before you meet us in person, open an account or apply for a job. That includes, for example, the history of the Princely Family, which is closely intertwined with our own.