Fund Operations Associate

Are you looking for the opportunity to advance your career in a fast-growing Multi Family Office in Central London? Our client is boosting their Investment Operations team.

Job title: Fund Operations Associate

Location: London

Employment Type: Full Time

Industry: Investment and Fund Operations / Administration

Salary: 40,000/year

The Opportunity

The successful candidate will likely have a very broad exposure to all aspects of running a business, from financial products, dealing, operations to compliance and regulatory responsibilities. The right candidate will join a business in the ascendancy, with the opportunity to take on more responsibility, seniority and even influence the investment offering.

About the Company

Our client has seen rapid growth since being founded in 2022. The principals have combined their experience in multinational private banks with an independent boutique experience, but the firm has a truly global mindset. It provides wealth structuring and discretionary investment management services, including managing its own funds, to its international client base of UHNW families.

Culture

The company ethos is built on a 'people first' approach to looking after clients and its people. Everyone is encouraged to take ownership of their role and their development. The supportive culture, which includes structured development plans and mentorship, promotes collaboration and self-initiative, so that everyone feels valued and has a forum to contribute and grow.

Key responsibilities for this role:

1.Investment Operations

Work with and back-up the trade execution team, carry out trade reconciliation (confirmation, positions and charges across individual clients and portfolios), model portfolio trading and rebalancing. Download and validate reports and trade data from custodian and trading platforms. Manage error recognition and resolution.

2.Fund Operations & Administration
Liaise with fund administrators, fund directors, auditors, banks, prime brokers, counsels, and other stakeholders related to fund operations. Carry out NAV calculations accounting for subscriptions, redemptions and transfers.

3.Fund & Manager Analysis
Support the asset allocation process, working with the execution and senior leadership team to develop and maintain analytical models for manager selection and risk management. Carry out operational and investment due diligence on 3rd party funds and managers.

4.Wealth Management / Banking Operations
Investment account opening and funding, client onboarding, performance reporting, meeting minute-taking and ad-hoc problem-solving. Work closely with private banks and custodians to support client-related operational tasks.

Minimum requirements: To qualify for this role, must have 2+ years of professional experience including:

• Trade reconciliation
• Model portfolio management and rebalancing
• Dealing with the eco-system managers, custodians, administrators, prime brokers etc
• Checking and working through NAV calculations
• Proficient use of Excel

Skill set:

• Languages: Strong English communication skills are essential, with proficiency in Chinese being a plus.
• Analytical mindset: a strong understanding of, and genuine interest for, how investment management works, from analysis, to asset allocation and manager selection.
• Excel: excellent use of Excel including VLOOKUP, knowledge of VBA and some understanding of Python would be good but not critical. We want to hear about how you put these skills to work to achieve operational efficiency, including automation, and handling large data sets.
• Trade Execution: be able to work as a trade execution back up, knowledge of the full trade lifecycle, requiring a thorough and meticulous approach.

About You

• Independent: Ability to work independently and reliably, often serving as the first point of contact for the tasks mentioned.
• Meticulous: Must have a keen eye for detail and the ability to work accurately and efficiently within tight timelines.
• Problem-Solver: Ability to understand complex information, take instructions, ask clarifying questions, and communicate effectively with all stakeholders